IRM Energy IPO to open on October 18, sets price band at Rs 480-505



The initial public offer (IPO) of IRM Energy will open for subscription on October 18 and close on October 20. The company has fixed a price band of Rs 480-505 for the IPO.

The issue is completely a fresh equity sale of 1.08 crore shares. The company is planning to raise about Rs 545 crore through the IPO.

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