StockWatch
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LPG/CNG/PNG/LNG Supplier
Regulatory13 Aug 2026, 09:40 pm

IRM Energy Files Monitoring Agency Report for IPO Proceeds

AI Summary

IRM Energy Ltd has submitted the Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CRISIL Ratings Limited, details the utilization of proceeds from the company's Initial Public Offer (IPO). The filing confirms that there were no deviations from the objects of the issue. The IPO, which was a public offer of equity shares, raised fresh issuance of ₹5,449.96 million, with net proceeds of ₹4,957.59 million being monitored. The report is in compliance with SEBI regulations.

Key Highlights

  • Monitoring Agency Report filed for IPO proceeds utilization.
  • Report covers the quarter ended June 30, 2026.
  • CRISIL Ratings Limited is the Monitoring Agency.
  • No deviations from IPO objects noted.
  • IPO raised net proceeds of ₹4,957.59 million.