Premier Energies IPO
ListedPremier Energies IPO Details
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Bidding Date
27-Aug-2024 to
29-Aug-2024 -
Issue Size
₹2830.4 Cr
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Price Band
₹427 to ₹450
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Allotment date
30-Aug-2024
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Listing date
03-Sep-2024
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Lot size
33
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No. of shares
6,28,97,778
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Fresh issue/OFS
₹1291.4 Cr/₹1539 Cr
About Premier Energies Company
Founded in 1995, Premier Energies Ltd is headquartered in Hyderabad, Telangana, India. The company is a leading integrated manufacturer in the solar industry, specializing in solar photovoltaic (PV) cells and modules. It operates across several facets of the solar sector, including the production of advanced solar cells, custom solar modules, and a range of solar-related products. The company is also involved in engineering, procurement, and construction (EPC) projects, providing comprehensive solar solutions, and offers operations and maintenance (O&M) services. The company owns five manufacturing facilities in Hyderabad with a combined annual installed capacity of 2 GW for solar cells and 4.13 GW for solar modules. The company's key customers include major IPPs, OEMs, and off-grid operators such as NTPC, TATA Power Solar Systems, Panasonic, and several others.
Read our in-depth analysis of the Premier Energies Ltd IPO Here
Subscription Status
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Category
Status
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QIBs
216.7x
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NIIs
49.6x
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Retail
7.1x
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Others
10.4x
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Total
74x
FAQs for Premier Energies IPO.
What is the issue size of Premier Energies IPO?
The issue size of Premier Energies is ₹2,830.40 Cr.
What is the industry of Premier Energies?
Premier Energies falls into Utilities industry.
Where Premier Energies IPO will be listed?
The Premier Energies IPO will be listed on both NSE and BSE.
What are the open and close dates for the Premier Energies IPO?
The open and close dates for the Premier Energies are 27-Aug-2024 & 29-Aug-2024.
What are the price band for Premier Energies IPO?
The price band for the Premier Energies ipo is ₹427 to ₹450
What is the listing date of Premier Energies IPO?
The listing date of Premier Energies IPO is 03-Sep-2024.
What is the purpose for the Premier Energies IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Premier Energies IPO subscribed?
Premier Energies total subscription ratio is 74X.
What are the key financials for the Premier Energies IPO?
Key financial of the Premier Energies are:
| Premier Energies | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 3143.79 | 1428.53 | 742.87 |
| EBIT (₹ Cr) | 381.71 | 24.97 | 1.98 |
| Proft after Tax (₹ Cr) | 231.36 | -13.34 | -14.41 |
| Debt (₹ Cr) | 1392.24 | 764.34 | 454.09 |
| Net Worth (₹ Cr) | 659.89 | 424.25 | 403.94 |
| RoE (%) | 35.06 | -3.14 | -3.57 |