The Premier Energies has begun on 27-August-2024. It will close on 29-August-2024. The Total IPO Size is 2,830.40 Crore. The company set its IPO price is 450 Rs Per Share.
Basically, there are three basic categories in Premier Energies IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Premier Energies is incorporated in 1995.
Premier Energies are India’s second largest integrated solar cell and solar module manufacturer with an annual installed capacity of 2 GW and 3.36 GW, respectively, as of March 31, 2024.
The business operations include (i) the manufacturing of solar photovoltaic (“PV”) cells, (ii) the manufacturing of solar modules including custom made panels for specific applications, (iii) the execution of EPC projects, (iv) independent power production, (v) O&M services with respect to EPC projects executed by our Company and (vi) the sale of other solar-related products.
They have five manufacturing facilities, all of which are situated on land that in Hyderabad, Telangana, India.
Premier Energies Promoters
Surender Pal Singh Saluja and Chiranjeev Singh Saluja are the Promoters.
Premier Energies IPO Date, Details & Price Band
The Premier Energies IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 27-August-2024 |
| IPO Closing Dates | 29-August-2024 |
| Price Band | 427-450 Rs |
| Fresh Issue | 1,291.40 Crore |
| OFS size | 1,539.00 Crore |
| Total IPO size | 2,830.40 Crore |
| Minimum bid (lot size) | 33 Shares |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Premier Energies IPO Market Lot
The Premier Energies IPO minimum market lot is 33 shares With 14,850 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 33 | 14,850 ₹ |
| Retail Maximum | 13 | 429 | 193,050 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Jun-24 | 3,735.5 | 1,668.79 | 198.16 |
| 31-Mar-23 | 2,110.69 | 1,463.21 | -13.34 |
| 31-Mar-22 | 1,341.49 | 3,735.5 | -14.41 |
Premier Energies IPO GMP & Grey Market Premium
Premier Energies IPO GMP Grey market premium has been started today. Check Latest Premier Energies IPO GMP, Kostak Rates and Subject to Sauda Price here.
Premier Energies IPO Prospectus
Premier Energies IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Premier Energies IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor List | – |
Premier Energies IPO Form Download
Premier Energies IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Premier Energies IPO forms.
Premier Energies IPO Allotment Date & Details
| Allotment Date | 30-August-2024 |
| Initiation of refunds | 02-Sep-2024 |
| Transfer of shares to Demat accounts | 02-Sep-2024 |
| Listing Date | 03-Sep-2024 |
| Check Allotment Status | Click here |
Registrar of Premier Energies
KFin Technologies Limited
Selenium, Tower-B, Plot No. 31 and 32 Financial
District Nanakramguda, Serilingampally Hyderabad
500 032 Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Investor grievance e-mail:
[email protected]
Contact Person: M. Murali Krishna
SEBI Registration No.: INR000000221
Premier Energies Contact Details
Premier Energies Limited
Plot No. 8/B/1 and 8/B/2, E- City
Maheshwaram Mandal, Raviryala Village
K.V. Rangareddy-501359
Phone: + 91 90 3099 422
Email: [email protected]
Website: https://www.premierenergies.com/
Premier Energies IPO Lead Managers
Kotak Mahindra Capital Company Limited
J.P. Morgan India Private Limited
ICICI Securities Limited