IRM Energy Ltd

Past performance
Performance overview
IRM Energy Ltd
About IRM Energy Ltd IRM Energy Limited is a city gas distribution company in India that was incorporated in 2015 and transitioned to a public company in 2022. The company operates in various regions including Banaskantha (Gujarat), Fatehgarh Sahib (Punjab), Diu & Gir Somnath (Union Territory of Daman and Diu/Gujarat), and Namakkal & Tiruchirappalli (Tamil Nadu). IRM Energy specializes in developing and expanding natural gas distribution networks for industrial, commercial, domestic, and automobile customers. It supplies natural gas to two main customer segments: CNG (Compressed Natural Gas) for public transport and private vehicles, and PNG (Piped Natural Gas) for industrial, commercial, and domestic use. The company began its operations in 2017 and has since expanded its infrastructure significantly, including the commissioning of multiple gas stations and domestic connections. As of 2023, it has commissioned over 50,000 PNG domestic connections and operates numerous CNG stations. IRM Energy is planning an Initial Public Offering (IPO) with a fresh issue of 10,800,000 equity shares to support its growth initiatives.
Website irmenergy.com
Founded 2015
Headquarters Ahmedabad