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15 Days Price Change

IRM Energy IPO

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WEBSITE Inc. Year: 2015 Industry: Industrial Gases & Fuels Listed Page

Profile
Issue Size --
Profile
Price Range 480  to  505 per share
Profile
Min Investment ₹505
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

IRM Energy Ltd is a dynamic and forward-thinking energy company with a strong commitment to sustainability and innovation. Founded on the principles of renewable energy and eco-conscious practices, IRM Energy specializes in the development, production, and distribution of clean energy solutions. Their diverse portfolio includes solar, wind, and hydropower projects that not only reduce carbon footprints but also offer cost-effective and reliable energy solutions for a wide range of clients, from residential consumers to industrial corporations. IRM Energy is dedicated to pushing the boundaries of green technology, promoting environmental responsibility, and contributing to a more sustainable future. With a team of dedicated professionals and a track record of successful projects, they continue to lead the way in transforming the energy landscape. Read More

Basic Info

Face Value 10 per share

Price 480  to  505 per share

P/E (x) 45.9

Sales( Cr.) 975

PAT( Cr.) 47

EPS 11

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Dr. Rajiv Indravadan Modi Cadila Pharmaceuticals Limited IRM Trust

Pre Issue Share Holding 100%

Post Issue Share Holding 67.1%

Listing Details:

Listing Price: 479

Listing Gain: -5.43%

Current Price: 264.8

Gain On Issue: 264.8 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Oct 18, 2023
Closing Date Oct 20, 2023
Allotment Oct 23, 2023
Refund Oct 24, 2023
Delivery of Shares Oct 24, 2023
Listing Date Oct 25, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 29 14,645
Retail (Max) 13 377 190,385
S-HNI (Min) 14 406 205,030
S-HNI (Max) 68 1972 995,860
B-HNI (Min) 69 2001 1,010,505

Objective of the Issue

1. Funding capital expenditure requirements for the development of the City Gas Distribution network in the Geographical Areas of Namakkal and Tiruchirappalli (Tamil Nadu) in Fiscal 2024, Fiscal 2025 and Fiscal 2026 2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 5400000 241542000 44.7x
NII 3780000 182725200 48.3x
Retail 1620000 15049800 9.3x
EMP 0 0 0x
Total 10800000 292140000 27.1x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

IRM Energy Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 166 212 507 980 891 975
Other Income 0 1 3 6 24 34
Total Income 166 213 510 986 914 1010
Total Expenditure 116 139 321 868 742 879
Operating Profit 50 74 189 118 173 131
Interest 10 16 22 23 27 22
Depreciation 9 12 15 21 26 35
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 31 46 152 74 119 74
Provision for Tax 10 11 39 18 28 27
Profit After Tax 21 35 114 56 91 47
Adjustments -0 -0 14 7 -6 -2
Profit After Adjustments 21 35 128 63 86 45
Adjusted Earnings Per Share 6.6 12 43.6 20.9 20 10.2

IRM Energy Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 75 118 244 346 932 951
Minority's Interest 0 0 0 0 0 -0
Borrowings 145 158 187 282 113 52
Other Non-Current Liabilities 19 29 46 70 50 62
Total Current Liabilities 28 33 78 94 202 205
Total Liabilities 267 338 555 793 1297 1270
Fixed Assets 198 241 300 381 557 649
Other Non-Current Assets 43 40 113 187 162 143
Total Current Assets 27 58 141 226 577 477
Total Assets 267 338 555 793 1297 1270

IRM Energy Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 8 12 26 59 49 258
Cash Flow from Operating Activities 31 45 129 47 120 94
Cash Flow from Investing Activities -62 -42 -110 -175 -291 -199
Cash Flow from Financing Activities 35 10 15 118 380 -116
Net Cash Inflow / Outflow 4 14 33 -10 209 -221
Closing Cash & Cash Equivalent 12 26 59 49 258 36

IRM Energy Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 6.6 12.03 43.59 20.87 20.01 10.16
CEPS(Rs) 11.16 16.25 43.79 25.56 28.73 19.94
DPS(Rs) 0.1 0 0 0.5 1.5 1.5
Book NAV/Share(Rs) 27.55 40.55 82.98 114.48 226.93 231.54
Core EBITDA Margin(%) 30.01 34.56 34.14 10.8 15.55 9.11
EBIT Margin(%) 24.75 29.24 31.94 9.36 15.27 9.07
Pre Tax Margin(%) 18.91 21.76 27.9 7.16 12.49 6.98
PAT Margin (%) 12.73 16.58 20.79 5.43 9.56 4.45
Cash Profit Margin (%) 18.27 22.25 23.55 7.44 12.33 7.75
ROA(%) 7.89 11.61 25.44 8.38 8.76 3.67
ROE(%) 28.22 36.53 62.86 19.13 14.32 5
ROCE(%) 18.51 24.66 47.97 17.75 16.31 8.64
Receivable days 10.35 13.68 11.33 10.77 14.38 13.93
Inventory Days 1.53 1.29 0.84 0.64 1.18 1.53
Payable days 38.87 40.9 25.84 13.16 17.07 13.85
PER(x) 0 0 0 0 23.46 27.41
Price/Book(x) 0 0 0 0 2.07 1.2
Dividend Yield(%) 0 0 0 0 0.32 0.54
EV/Net Sales(x) 0.94 0.71 0.26 0.24 1.85 0.95
EV/Core EBITDA(x) 3.1 2.04 0.7 1.99 9.56 7.06
Net Sales Growth(%) 0 27.86 139.44 93.26 -9.14 9.54
EBIT Growth(%) 0 51.1 181.62 -44.22 50.25 -34.4
PAT Growth(%) 0 66.54 223.29 -50.29 62.09 -48.58
EPS Growth(%) 0 82.24 262.32 -52.13 -4.1 -49.24
Debt/Equity(x) 1.96 1.39 0.83 0.88 0.23 0.13
Current Ratio(x) 0.95 1.75 1.81 2.41 2.86 2.32
Quick Ratio(x) 0.93 1.72 1.78 2.38 2.84 2.3
Interest Cover(x) 4.24 3.91 7.9 4.25 5.48 4.34
Total Debt/Mcap(x) 0 0 0 0 0.11 0.11

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 9% 24% 42% 0%
Operating Profit CAGR -24% -12% 21% 0%
PAT CAGR -48% -26% 17% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -6% NA% NA% NA%
ROE Average 5% 13% 28% 28%
ROCE Average 9% 14% 23% 22%

Company Contact Information

IRM Energy Ltd.

4th Floor, Block 8, Magnet Corporate Park Near Sola Bridge S. G. Highway, Thaltej

IPO Lead Manager(s)

IRM Energy Ltd.

BOB Capital Markets Ltd

HDFC Bank Limited

Registrar Info

IRM Energy Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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