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Strategy wizard’s brainchild turns into Rs 1,000 cr empire
![IndiaTimes]()
Monday, 16 October 2023
Maheshwar Sahu, a retired IAS officer, has successfully transitioned from the administrative services to the corporate world with his venture, IRM Energy. The company, dedicated to natural gas distribution projects, is set to launch its IPO from October 18 to October 20. With impressive revenue growth of 90.27% in the financial year 2023, IRM Energy aims to raise Rs 545 crore through the IPO. Despite fluctuating natural gas prices, the company is optimistic about its future growth in the CGD sector, with projected gas volume to almost triple by fiscal year 2027.
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Monday, 16 October 2023
