IIRM Holdings India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 8:04 pm

Market Cap	557 Cr.
Current Price	81.8
High / Low	172/25.2
Stock P/E	13.2
Book Value	18.7
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	5.00
PEG Ratio	0.36

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for IIRM Holdings India Ltd

Competitors of IIRM Holdings India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Mitsu Chem Plast Ltd	137 Cr.	101	179/83.2	21.0	67.9	0.20 %	13.9 %	12.5 %	10.0
IIRM Holdings India Ltd	557 Cr.	81.8	172/25.2	13.2	18.7	0.00 %	%	%	5.00
Fiberweb (India) Ltd	116 Cr.	40.6	66.6/32.6	8.59	58.3	0.00 %	5.17 %	4.61 %	10.0
Deep Polymers Ltd	99.9 Cr.	41.3	99.7/35.7	16.7	35.5	0.00 %	9.48 %	9.69 %	10.0
DDev Plastiks Industries Ltd	2,759 Cr.	267	458/174	14.1	71.2	0.56 %	41.9 %	31.5 %	1.00
Industry Average	4,407.43 Cr	611.61		25.23	207.34	0.34%	16.78%	14.31%	8.00

All Competitor Stocks of IIRM Holdings India Ltd

Quarterly Result

Metric	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	177.83	65.73	47.92	50.32
Expenses	133.45	50.22	35.24	42.06
Operating Profit	44.38	15.51	12.68	8.26
OPM %	24.96%	23.60%	26.46%	16.41%
Other Income	2.17	0.09	0.24	0.13
Interest	2.98	0.53	0.69	0.65
Depreciation	11.92	2.88	3.03	3.03
Profit before tax	31.65	12.19	9.20	4.71
Tax %	28.47%	25.68%	18.15%	35.03%
Net Profit	22.64	9.06	7.53	3.06
EPS in Rs	3.32	1.33	1.11	0.45

Last Updated: March 3, 2025, 11:53 pm

Below is a detailed analysis of the quarterly data for IIRM Holdings India Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹50.32 Cr.. The value appears strong and on an upward trend. It has increased from 47.92 Cr. (Sep 2024) to ₹50.32 Cr., marking an increase of 2.40 Cr..
For Expenses, as of Dec 2024, the value is ₹42.06 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 35.24 Cr. (Sep 2024) to ₹42.06 Cr., marking an increase of 6.82 Cr..
For Operating Profit, as of Dec 2024, the value is ₹8.26 Cr.. The value appears to be declining and may need further review. It has decreased from 12.68 Cr. (Sep 2024) to ₹8.26 Cr., marking a decrease of 4.42 Cr..
For OPM %, as of Dec 2024, the value is 16.41%. The value appears to be declining and may need further review. It has decreased from 26.46% (Sep 2024) to 16.41%, marking a decrease of 10.05%.
For Other Income, as of Dec 2024, the value is ₹0.13 Cr.. The value appears to be declining and may need further review. It has decreased from 0.24 Cr. (Sep 2024) to ₹0.13 Cr., marking a decrease of 0.11 Cr..
For Interest, as of Dec 2024, the value is ₹0.65 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.69 Cr. (Sep 2024) to ₹0.65 Cr., marking a decrease of 0.04 Cr..
For Depreciation, as of Dec 2024, the value is ₹3.03 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 3.03 Cr..
For Profit before tax, as of Dec 2024, the value is ₹4.71 Cr.. The value appears to be declining and may need further review. It has decreased from 9.20 Cr. (Sep 2024) to ₹4.71 Cr., marking a decrease of 4.49 Cr..
For Tax %, as of Dec 2024, the value is 35.03%. The value appears to be increasing, which may not be favorable. It has increased from 18.15% (Sep 2024) to 35.03%, marking an increase of 16.88%.
For Net Profit, as of Dec 2024, the value is ₹3.06 Cr.. The value appears to be declining and may need further review. It has decreased from 7.53 Cr. (Sep 2024) to ₹3.06 Cr., marking a decrease of 4.47 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.45. The value appears to be declining and may need further review. It has decreased from 1.11 (Sep 2024) to 0.45, marking a decrease of 0.66.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 11:45 am

Metric	Mar 2024	TTM
Sales	178	342
Expenses	133	261
Operating Profit	44	81
OPM %	25%	24%
Other Income	2	3
Interest	3	5
Depreciation	12	21
Profit before tax	32	58
Tax %	28%
Net Profit	23	42
EPS in Rs	3.32	6.21
Dividend Payout %	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year
YoY Net Profit Growth (%)
Change in YoY Net Profit Growth (%)

No data available for trend analysis.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	234%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 2:30 pm

Month	Mar 2024	Sep 2024
Equity Capital	34	34
Reserves	75	93
Borrowings	19	25
Other Liabilities	28	34
Total Liabilities	156	186
Fixed Assets	39	39
CWIP	21	28
Investments	0	0
Other Assets	95	119
Total Assets	156	186

Below is a detailed analysis of the balance sheet data for IIRM Holdings India Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹34.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 34.00 Cr..
For Reserves, as of Sep 2024, the value is ₹93.00 Cr.. The value appears strong and on an upward trend. It has increased from 75.00 Cr. (Mar 2024) to ₹93.00 Cr., marking an increase of 18.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹25.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 19.00 Cr. (Mar 2024) to ₹25.00 Cr., marking an increase of 6.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹34.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 28.00 Cr. (Mar 2024) to ₹34.00 Cr., marking an increase of 6.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹186.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 156.00 Cr. (Mar 2024) to ₹186.00 Cr., marking an increase of 30.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹39.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 39.00 Cr..
For CWIP, as of Sep 2024, the value is ₹28.00 Cr.. The value appears strong and on an upward trend. It has increased from 21.00 Cr. (Mar 2024) to ₹28.00 Cr., marking an increase of 7.00 Cr..
For Investments, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹119.00 Cr.. The value appears strong and on an upward trend. It has increased from 95.00 Cr. (Mar 2024) to ₹119.00 Cr., marking an increase of 24.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹186.00 Cr.. The value appears strong and on an upward trend. It has increased from 156.00 Cr. (Mar 2024) to ₹186.00 Cr., marking an increase of 30.00 Cr..

Notably, the Reserves (₹93.00 Cr.) exceed the Borrowings (25.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2024
Cash from Operating Activity +	-43
Cash from Investing Activity +	-54
Cash from Financing Activity +	104
Net Cash Flow	7

Free Cash Flow

Month	Mar 2024
Free Cash Flow	25.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2024
Debtor Days	92
Inventory Days
Days Payable
Cash Conversion Cycle	92
Working Capital Days	127
ROCE %

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	31.05%	31.05%	31.04%	46.92%	46.92%	31.04%	64.87%	64.88%	60.82%	60.82%	60.82%	60.82%
DIIs	7.02%	7.02%	7.02%	10.60%	10.60%	7.02%	7.02%	5.34%	0.66%	0.66%	0.66%	0.66%
Public	61.94%	61.94%	61.94%	42.48%	42.48%	61.93%	28.12%	29.78%	38.52%	38.52%	38.51%	38.52%
No. of Shareholders	929	929	929	873	875	871	869	201	393	406	655	1,191

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24
FaceValue	5.00
Basic EPS (Rs.)	12.91
Diluted EPS (Rs.)	12.91
Cash EPS (Rs.)	5.07
Book Value[Excl.RevalReserv]/Share (Rs.)	16.42
Book Value[Incl.RevalReserv]/Share (Rs.)	16.42
Revenue From Operations / Share (Rs.)	26.10
PBDIT / Share (Rs.)	6.83
PBIT / Share (Rs.)	5.08
PBT / Share (Rs.)	4.64
Net Profit / Share (Rs.)	3.32
NP After MI And SOA / Share (Rs.)	3.32
PBDIT Margin (%)	26.17
PBIT Margin (%)	19.47
PBT Margin (%)	17.79
Net Profit Margin (%)	12.72
NP After MI And SOA Margin (%)	12.72
Return on Networth / Equity (%)	20.76
Return on Capital Employeed (%)	28.72
Return On Assets (%)	14.48
Long Term Debt / Equity (X)	0.03
Total Debt / Equity (X)	0.12
Current Ratio (X)	2.57
Quick Ratio (X)	2.57
Interest Coverage Ratio (X)	15.63
Interest Coverage Ratio (Post Tax) (X)	8.60
Enterprise Value (Cr.)	173.31
EV / Net Operating Revenue (X)	0.97
EV / EBITDA (X)	3.72
MarketCap / Net Operating Revenue (X)	0.92
Price / BV (X)	1.50
Price / Net Operating Revenue (X)	0.92
EarningsYield	0.13

After reviewing the key financial ratios for IIRM Holdings India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. No previous period data is available for comparison.
For Basic EPS (Rs.), as of Mar 24, the value is 12.91. This value is within the healthy range. No previous period data is available for comparison.
For Diluted EPS (Rs.), as of Mar 24, the value is 12.91. This value is within the healthy range. No previous period data is available for comparison.
For Cash EPS (Rs.), as of Mar 24, the value is 5.07. This value is within the healthy range. No previous period data is available for comparison.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 16.42. No previous period data is available for comparison.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 16.42. No previous period data is available for comparison.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 26.10. No previous period data is available for comparison.
For PBDIT / Share (Rs.), as of Mar 24, the value is 6.83. This value is within the healthy range. No previous period data is available for comparison.
For PBIT / Share (Rs.), as of Mar 24, the value is 5.08. This value is within the healthy range. No previous period data is available for comparison.
For PBT / Share (Rs.), as of Mar 24, the value is 4.64. This value is within the healthy range. No previous period data is available for comparison.
For Net Profit / Share (Rs.), as of Mar 24, the value is 3.32. This value is within the healthy range. No previous period data is available for comparison.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 3.32. This value is within the healthy range. No previous period data is available for comparison.
For PBDIT Margin (%), as of Mar 24, the value is 26.17. This value is within the healthy range. No previous period data is available for comparison.
For PBIT Margin (%), as of Mar 24, the value is 19.47. This value is within the healthy range. No previous period data is available for comparison.
For PBT Margin (%), as of Mar 24, the value is 17.79. This value is within the healthy range. No previous period data is available for comparison.
For Net Profit Margin (%), as of Mar 24, the value is 12.72. This value exceeds the healthy maximum of 10. No previous period data is available for comparison.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 12.72. This value is within the healthy range. No previous period data is available for comparison.
For Return on Networth / Equity (%), as of Mar 24, the value is 20.76. This value is within the healthy range. No previous period data is available for comparison.
For Return on Capital Employeed (%), as of Mar 24, the value is 28.72. This value is within the healthy range. No previous period data is available for comparison.
For Return On Assets (%), as of Mar 24, the value is 14.48. This value is within the healthy range. No previous period data is available for comparison.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.03. This value is below the healthy minimum of 0.2. No previous period data is available for comparison.
For Total Debt / Equity (X), as of Mar 24, the value is 0.12. This value is within the healthy range. No previous period data is available for comparison.
For Current Ratio (X), as of Mar 24, the value is 2.57. This value is within the healthy range. No previous period data is available for comparison.
For Quick Ratio (X), as of Mar 24, the value is 2.57. This value exceeds the healthy maximum of 2. No previous period data is available for comparison.
For Interest Coverage Ratio (X), as of Mar 24, the value is 15.63. This value is within the healthy range. No previous period data is available for comparison.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 8.60. This value is within the healthy range. No previous period data is available for comparison.
For Enterprise Value (Cr.), as of Mar 24, the value is 173.31. No previous period data is available for comparison.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.97. This value is below the healthy minimum of 1. No previous period data is available for comparison.
For EV / EBITDA (X), as of Mar 24, the value is 3.72. This value is below the healthy minimum of 5. No previous period data is available for comparison.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.92. This value is below the healthy minimum of 1. No previous period data is available for comparison.
For Price / BV (X), as of Mar 24, the value is 1.50. This value is within the healthy range. No previous period data is available for comparison.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.92. This value is below the healthy minimum of 1. No previous period data is available for comparison.
For EarningsYield, as of Mar 24, the value is 0.13. This value is below the healthy minimum of 5. No previous period data is available for comparison.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of IIRM Holdings India Ltd as of April 4, 2025 is: 30.21

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, IIRM Holdings India Ltd is Overvalued by 63.07% compared to the current share price 81.80

Default values used*: Default value of 15% for ROE is used

Intrinsic Value of IIRM Holdings India Ltd as of April 4, 2025 is: 41.32

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, IIRM Holdings India Ltd is Overvalued by 49.49% compared to the current share price 81.80

Default values used*: Default value of 15% for ROE is used

Last 5 Year EPS CAGR: 36.77%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (84.00 cr) compared to borrowings (22.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (260.00 cr) and profit (45.00 cr) over the years.	The stock has a low average ROCE of 0.00%, which may not be favorable. The stock has a high average Working Capital Days of 127.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 92.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in IIRM Holdings India Ltd:
1. Net Profit Margin: 12.72%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 28.72% (Industry Average ROCE: 16.78%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 20.76% (Industry Average ROE: 14.31%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 8.6
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.57
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 13.2 (Industry average Stock P/E: 25.23)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.12
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

IIRM Holdings India Ltd. is a Public Limited Listed company incorporated on 20/04/1992 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is L70200TS1992PLC189999 and registration number is 189999. Currently Company is involved in the business activities of Wholesale of plastic materials in primary forms. Company's Total Operating Revenue is Rs. 1.70 Cr. and Equity Capital is Rs. 34.07 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Plastics - Plastic & Plastic Products	5th Floor, Ashoka My Home Chambers, Sindhi Colony, SP Road, Begum Hyderabad Telangana 500003	cs@iirmholdings.in www.iirmholdings.in

Management
Name	Position Held
Mr. Vurakaranam Rama Krishna	Chairman & Managing Director
Ms. Deepali Anantha Rao	Non Executive Director
Mr. Rama Mohana Rao Bandlamudi	Non Executive Director
Mr. Srikant Sastri	Independent Director
Mr. Guru Venkata Subbaraya Sharma Varanasi	Independent Director
Mr. Venkata Ramudu Jasthi	Independent Director
Mr. Yugandhara Rao Sunkara	Independent Director
Mr. Rahul Chhabra	Independent Director

FAQ

What is the intrinsic value of IIRM Holdings India Ltd?

IIRM Holdings India Ltd's intrinsic value (as of 04 April 2025) is ₹30.21 — 63.07% lower the current market price of ₹81.80, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 557 Cr. market cap, FY2025-2026 high/low of ₹172/25.2, reserves of 93 Cr, and liabilities of 186 Cr.

What is the Market Cap of IIRM Holdings India Ltd?

The Market Cap of IIRM Holdings India Ltd is 557 Cr..

What is the current Stock Price of IIRM Holdings India Ltd as on 04 April 2025?

The current stock price of IIRM Holdings India Ltd as on 04 April 2025 is 81.8.

What is the High / Low of IIRM Holdings India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of IIRM Holdings India Ltd stocks is ₹172/25.2.

What is the Stock P/E of IIRM Holdings India Ltd?

The Stock P/E of IIRM Holdings India Ltd is 13.2.

What is the Book Value of IIRM Holdings India Ltd?

The Book Value of IIRM Holdings India Ltd is 18.7.

What is the Dividend Yield of IIRM Holdings India Ltd?

The Dividend Yield of IIRM Holdings India Ltd is 0.00 %.

What is the ROCE of IIRM Holdings India Ltd?

The ROCE of IIRM Holdings India Ltd is %.

What is the ROE of IIRM Holdings India Ltd?

The ROE of IIRM Holdings India Ltd is %.

What is the Face Value of IIRM Holdings India Ltd?

The Face Value of IIRM Holdings India Ltd is 5.00.