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IRM Energy and Lohia Corp get Sebi nod to raise funds via IPO
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IRM Energy and Lohia Corp get Sebi nod to raise funds via IPO
28 February 2023
Cadila Pharma-backed IRM Energy and Kanpur-
based Lohia Corp have received approval from
Sebi for initial public offering (IPO).
IRM Energys IPO is a complete fresh issue of up
to 10,100,000 equity shares with a face value of Rs
10 per equity share. Meanwhile, Lohia Corp's public issue is a complete offer-for-sale (OFS) of up to 31,695,000 equity shares
by existing shareholders with a face value of Re 1 per unit.
Cadila Pharma-backed IRM Energy and Kanpur-
based Lohia Corp have received approval from
Sebi for initial public offering (IPO).
IRM Energys IPO is a complete fresh issue of up
to 10,100,000 equity shares with a face value of Rs
10 per equity share. Meanwhile, Lohia Corp's public issue is a complete offer-for-sale (OFS) of up to 31,695,000 equity shares
by existing shareholders with a face value of Re 1 per unit.
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