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Company Information

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IRM ENERGY LTD.

01 November 2024 | 12:00

Industry >> LPG/CNG/PNG/LNG Bottling/Distribution

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ISIN No INE07U701015 BSE Code / NSE Code 544004 / IRMENERGY Book Value (Rs.) 226.93 Face Value 10.00
Bookclosure 12/07/2024 52Week High 641 EPS 20.86 P/E 19.39
Market Cap. 1660.86 Cr. 52Week Low 363 P/BV / Div Yield (%) 1.78 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as a private limited company in the name of `IRM Energy Private Limited' under the Companies Act, 2013 and a certificate of incorporation dated December 1, 2015, was issued by the RoC. Subsequently, the Company was converted from a private limited company to a public limited company and the name of the Company was changed to `IRM Energy Limited' pursuant to a board resolution dated February 25, 2022, and a special resolution passed by the shareholders on March 8, 2022, consequent to which a fresh certificate of incorporation dated March 23, 2022, was issued by the RoC.

Major events and milestones of the Company :

2017
- Commissioned the first City Gate Station at Banaskantha
- Commissioned the first Mother Station at Banaskantha
- Commissioned the first DODO Station at Banaskantha
- Commissioned the first commercial customer at Banaskantha

2018
- Commissioned a City Gate Station at Fatehgarh Sahib
- Commissioned a Mother Station at Fatehgarh Sahib
- Commissioned the first industrial customer at Fatehgarh Sahib

2019
- Completed laying more than 1,000 inch km of pipelines at Banaskantha

2021
- Completed laying more than 500 inch km of pipelines at Fatehgarh Sahib
- Commissioned the 100th commercial customer at Banaskantha
- Commissioned the 50th CNG Stations (including DODO Stations and OMC Stations)

2022
- Commissioned the 100th industrial customer at Fatehgarh Sahib
- Commissioned the first L-CNG Station at Gir Somnath
- Commissioned over 35,000 PNG domestic connections at Banaskantha

2023
- Commissioned over 50,000 PNG domestic connections at Company level
- Achieved Minimum Work Programme target of Fatehgarh Sahib GA
- Commissioned the first CNG Station at Namakkal and Tiruchirappalli GA (OMC Station)