Premier Energies Limited
₹14,850(33 Shares)
Minimum Investment
IPO Dates
Aug 27, 2024 – Aug 29, 2024
Price Band
₹427–450 per equity share
Lot Size
33
Listing
Sep 3, 2024
Listing At
BSE, NSE
Premier Energies Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
73.94x
Premier Energies Limited IPO Issue Details
- Issue Price
- ₹427-450 Per Equity Share
- Face Value
- ₹1 Per Equity Share
- Fresh Share
- 2,86,97,777 shares(aggregating up to ₹1291.4 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 3, 2024
- Registrar
- Kfin Technologies Limited
Market Lot Details
Reservation Details
NII
94.01L
QIB
1.25Cr
Anchor
1.88Cr
Company Information
Premier Energies Limited, Inc., was established in April 1995 and is an integrated manufacturer of solar cell and solar panel. Cell, Solar Module, Monofacial modulesBifacial modules, EPC Solutions and...
Valuations
EPS (Pre-IPO)
5.48
EPS (Post-IPO)
17.58
P/E (Pre-IPO)
82.09
P/E (Post-IPO)
25.59
RoNW
37.46%
PAT Margin
7.30%
P/B Value
30.76
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Investment in the Subsidiary, Premier Energies Global Environment Private Limited for part-financing the establishment of a 4 GW Solar PV TOPCon Cell and 4 GW Solar PV TOPCon Module manufacturing facility in Hyderabad, Telangana, India (the Project)
- 2General corporate purposes
Premier Energies Limited – Promoter(s)
Contact Details
Corporate Office
Plot No. 8/B/1 and 8/B/2, E- City, Maheshwaram Mandal, Raviryala Village, K.V. Rangareddy-501359
Premier Energies Limited Allotment & Registrar Details
Check AllotmentKfin Technologies Limited
Premier Energies Limited IPO Documents
Frequently Asked Questions — Premier Energies Limited IPO
The Premier Energies Limited IPO price band is set at ₹427.00 to ₹450.00 per equity share.
The lot size for Premier Energies Limited IPO is 33 shares per lot. The minimum investment amount is approximately ₹14,850.
The Premier Energies Limited IPO opens on Aug 27, 2024 and closes on Aug 29, 2024.
Premier Energies Limited IPO is expected to be listed on Sep 3, 2024 on BSE, NSE.
The current GMP for Premier Energies Limited IPO is ₹490, suggesting an expected listing price of around ₹917.00. Note: GMP is an unofficial market indicator.
The registrar for Premier Energies Limited IPO is Kfin Technologies Limited. You can contact them at pel.ipo@kfintech.com.
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