IIRM Holdings secures NSE listing approval, shares to trade from Oct 22

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • IIRM Holdings India Ltd received NSE approval for listing on October 19, 2026
  • Equity shares will start trading on NSE from October 22, 2026
  • Total of 69,704,133 equity shares of ₹5 face value approved for listing
  • Majority of shares (68,144,250) are free from lock-in restrictions
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53964877

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IIRM Holdings India Limited has received approval from the National Stock Exchange of India (NSE) for the listing and trading of its equity shares. The shares are scheduled to be admitted for trading on the NSE platform with effect from October 22, 2026.

The approval was granted via an NSE letter dated October 19, 2026. This development follows the company's application for new listing, marking a significant step in expanding its market accessibility beyond existing exchanges.

Listing Details and Share Structure

The company's equity shares, each with a face value of ₹5 and fully paid up, will be listed under the symbol IIRM in the EQ series. A total of 69,704,133 securities have been approved for listing. The market lot size is set at 1.

Description Details
Symbol IIRM
Series EQ
Number of Securities 69,704,133
Face Value ₹5
Market Lot 1

Lock-in Periods and Promoter Holdings

The listing approval includes specific lock-in arrangements for a portion of the shareholding. The majority of the shares are free from restrictions, while a smaller tranche remains locked in until mid-April 2027.

Number of Equity Shares Distinctive Nos. From Distinctive Nos. To Lock-in Up To
68,144,250 1 68,144,250 Free
62,814 68,144,251 68,207,064 April 15, 2027
1,497,069 68,207,065 69,704,133 April 14, 2027

Regulatory Compliance and Future Filings

Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed BSE Limited and The Calcutta Stock Exchange Limited about the NSE approval. The company is now required to submit all future reports, statements, and intimations through the NSE Electronic Application Processing System (NEAPS).

The NSE has also highlighted the availability of the NEAPS mobile application, which allows listed entities to track submission status and access compliance calendars using their existing credentials. The company must seek requisite exchange approvals separately prior to any corporate actions or further issues.

Historical Stock Returns for IIRM

1 Day5 Days1 Month6 Months1 Year5 Years
+5.07%+4.41%-13.40%+51.45%+53.11%+470.64%

How will the dual listing on NSE and BSE impact IIRM Holdings' trading liquidity and bid-ask spreads compared to its previous single-exchange status?

What strategic capital raising initiatives, such as QIPs or rights issues, is IIRM Holdings planning to leverage its newly expanded market accessibility?

How might the April 2027 expiry of promoter lock-ins influence future share supply dynamics and potential price volatility?

IIRM Holdings gets BSE nod for 15.59 lakh preferential shares

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • BSE approved trading for 15,59,883 equity shares of IIRM Holdings India Limited
  • Shares were allotted on a preferential basis to non-promoter investors
  • Each share carries a face value of ₹5 and a premium of ₹138.28
  • Trading commences on the BSE from October 9, 2026
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IIRM Holdings India Limited received trading approval from the Bombay Stock Exchange (BSE) for 15,59,883 equity shares allotted on a preferential basis. The shares will commence trading on the exchange effective October 9, 2026.

The allotment was made to non-promoter investors at a premium of ₹138.28 per share. Each equity share has a face value of ₹5. The total issue price per share stands at ₹143.28, combining the face value and the premium.

Allotment details

The company filed the intimation with the BSE and the Calcutta Stock Exchange pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific securities involved bear distinctive numbers from 68144251 to 69704133.

Metric Detail
Number of shares 15,59,883
Face value ₹5
Premium ₹138.28
Issue price ₹143.28
Allotment type Preferential basis
Investor category Non-promoters
Trading start date October 9, 2026

Regulatory compliance

The approval was granted by Nitinkumar Pujari, Assistant Vice President at the BSE, referencing Notice No. 20261008-24 dated October 8, 2026. The company’s Company Secretary & Compliance Officer, V. Sri Lakshmi, submitted the application and subsequent submissions required for the listing.

This corporate action follows the company's rebranding from Sudev Industries Limited to IIRM Holdings India Limited. The registered office is located in Secunderabad, Hyderabad, Telangana.

Historical Stock Returns for IIRM

1 Day5 Days1 Month6 Months1 Year5 Years
+5.07%+4.41%-13.40%+51.45%+53.11%+470.64%

How will the dilution from the preferential allotment impact existing shareholders' earnings per share in upcoming quarters?

What specific strategic initiatives or capital expenditure plans will IIRM Holdings fund with the proceeds from this ₹22 crore raise?

Will the identity of the non-promoter investors be disclosed, and do they have any planned involvement in the company's governance?

More News on IIRM

1 Year Returns:+53.11%