{"id":611128,"date":"2023-10-19T09:39:12","date_gmt":"2023-10-19T04:09:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=611128"},"modified":"2023-10-19T10:50:09","modified_gmt":"2023-10-19T05:20:09","slug":"irm-energy-ipo-subscribed-1-71-times-on-first-day-of-subscription","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irm-energy-ipo-subscribed-1-71-times-on-first-day-of-subscription\/","title":{"rendered":"IRM Energy IPO subscribed 1.71 times on first day of subscription"},"content":{"rendered":"<p>The initial public offering (IPO) of city gas distribution company IRM Energy was subscribed 1.71 times on the first day of subscription on Wednesday. <\/p>\n<p>The Rs 545.40 crore initial share sale received bids for 1,30,38,661 shares against 76,24,800 shares on offer, according to NSE data. <\/p>\n<p>The category for non-institutional investors was subscribed 2.60 times while the quota for retail individual investors (RIIs) received 1.77 times subscription and the portion for qualified institutional buyers (QIBs) got subscribed 1.07 times. <\/p>\n<p>The IPO is a fresh issue of up to 1.08 crore equity shares. The price range for the offer is Rs 480-505 a share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The initial public offering (IPO) of city gas distribution company IRM Energy was subscribed 1.71 times on the first day of subscription on Wednesday. The Rs 545.40 crore initial share sale received bids for 1,30,38,661 shares against 76,24,800 shares on offer, according to NSE data. The category for non-institutional investors was subscribed 2.60 times while the quota for retail individual investors (RIIs) received 1.77 times subscription and the portion for qualified institutional buyers (QIBs) got subscribed 1.07 times. The IPO is a fresh issue of up to 1.08 crore equity shares. The price range for the offer is Rs 480-505 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-611128","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/611128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=611128"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/611128\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=611128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=611128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=611128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}