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Is it worth placing a bid for IRM Energy IPO, open for subscription today?

Is it worth placing a bid for IRM Energy IPO, open for subscription today?
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IRM Energy IPO Day 1: IRM Energy IPO: Retail portion fully booked within hours of opening Check GMP and other details

The NII portion of the issue was booked the most at 1.01x, while that of retail investors was booked 1x. There were no bids yet from qualified institutional buyers (QIB). According to market analysts, the company s shares are trading with a premium of Rs 67 in the unlisted market. The IPO is priced in the range of Rs 480-505.

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irm energy ipo: IRM Energy IPO opens Wednesday What GMP signals ahead of subscription

Ahead of the issue opening, the company s shares are commanding a healthy premium of Rs 72 in the unlisted market. The IPO is priced in the range of Rs 480-505 per share.

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irm energy ipo: IRM Energy IPO to open on October 18 Here are 10 things to know about the offer

The company s shares are expected to get listed on both the exchanges. Here are 10 things to know about the offer

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ipos next week: IPO Tracker: After a brief lull, 1 mainboard IPO & 2 SME issues to hit market next week

The primary market will see several companies launch thier public offer in the week ahead. One mainboard IPO of IRM Energy and two SME issues WomenCart Ltd and Rajgor Castor Derivatives will tap the public markets to raise funds in the upcoming week.

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