You can try to reset its password by following below steps. Let's say the new password (in plain text) is "123456".
* Login to MySQL database as MySQL root user (or vmailadmin user).
* Update password for your postmaster account with below step:
mysql> USE vmail;
mysql> UPDATE mailbox SET password='{PLAIN}123456' WHERE username='postmaster@[your_domain]';
* Then try to login to iRedAdmin again. After logged in, please change your password immediately.