IRM Energy IPO GMP / Grey Market Premium, Kostak Rates & SS Today
Last Updated Date: Oct 18, 2023IRM Energy is about to release its IPO on October 18, 2023. The issue is closing on October 20, 2023 and is currently having an active grey market. The IRM Energy IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of the IRM Energy IPO. The company is intended to raise Rs 545.40 Cr by the released issue.
IRM Energy IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue.
You can check this table related to know the IPO size, and price band listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| Oct 2023 | |||
| Oct 2023 | |||
| Oct 2023 | |||
| Oct 2023 | |||
| Oct 2023 |
Check out Related IPO Links:
| Review IRM Energy IPO |
| IRM Energy IPO Allotment |
| LIVE Subscription – IRM Energy IPO |
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IRM Energy IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | October 18, 2023 |
| IPO Close Date | October 20, 2023 |
| Basis of Allotment Date | October 27, 2023 |
| Initiation of Refunds | October 27, 2023 |
| Credit of Shares to Demat Account | October 30, 2023 |
| IPO Listing Date | October 31, 2023 |
IRM Energy IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about IRM Energy IPO.
| Amount (in INR & Million) | |||||
| 30-Sep-22 | 30-Sep-21 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 7,302.61 | 4,406.20 | 5,548.04 | 3,381.10 | 2,671.57 |
| *Total Revenue | 5,068.70 | 2,065.97 | 5,491.93 | 2,125.42 | 1,661.25 |
| Total Expense | 4,645.16 | 1,459.28 | 3,968.30 | 1,664.55 | 1,347.97 |
| Profit After Tax | 392.45 | 478.12 | 1,280.28 | 348.89 | 210.65 |
FAQs Related to IRM Energy IPO GMP
Check out FAQs on IRM Energy IPO Grey Market Premium here –
What is the current IRM Energy IPO GMP Price?
As on today, the IRM Energy IPO GMP is Rs.NA.
What is the current IRM Energy IPO Kostak Rate?
The Kostak rate is Rs NA for IRM Energy IPO.
What is today’s IRM Energy IPO Subject to Sauda Rate?
As on today, the IRM Energy IPO Subject to Sauda is Rs NA.
Where to Check IRM Energy IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange.
It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
Disclaimer:
The IRM Energy IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. They can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.