Premier Energies Limited IPO

BSE, NSEClosed

Check Allotment

Aug 27, 2024Open Date

Aug 29, 2024Close Date

TBAAllotment Date

Sep 3, 2024Listing Date

Subscription Details

View Subscription Details

Retail7.04x

QIB216.67x

NIIs (Non-Institutional Investors)Main Category

49.56x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

35.47x

bHNI (> ₹10L)

Bids above ₹10L

56.61x

Overall Subscription

Total Bids Received

73.94x

Updated: 10 Jul, 06:09 pm

Premier Energies Limited IPO Issue Details

Issue Price₹427-450 Per Equity Share

Face Value₹1 Per Equity Share

Fresh Share2,86,97,777 shares(aggregating up to ₹1291.4 crore)

Listing AtBSE, NSE

Listing DateSep 3, 2024

RegistrarKfin Technologies Limited

Reservation Details

Category	Shares Offered	%
NII	94,01,333	14.94%
QIB	1,25,35,111	19.93%
Anchor	1,88,02,666	29.89%

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)

Metric	FY 24	FY 24	FY 22
Total Assets	3735.5	3554.13	2110.69
Total Revenue	1668.79	3171.31	1463.21
Profit After Tax	198.16	231.36	13.34
Net Worth	26.96	36.49	0.24

* 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