Friday, May 3, 2024

Premier Energies IPO Date, Review, Price, Allotment Details

Premier Energies has 29 years of revel in within the photo voltaic trade and all over this time, they have got grown to grow to be India’s 2d greatest built-in photo voltaic cellular and photo voltaic module producer with an annual put in capability of two GW and three.36 GW, respectively, as of March 31, 2024. In September 2021, they won an funding of ₹1,770 million from South Asia Growth Fund II Holdings LLC and South Asia EBT Trust, associates of an international non-public fairness control fund concerned about making an investment in local weather answers.

Their trade operations come with (i) the producing of photo voltaic photovoltaic (“PV”) cells, (ii) the producing of photo voltaic modules together with customized panels for particular packages, (iii) the execution of EPC initiatives, (iv) impartial energy manufacturing, (v) O&M products and services regarding EPC initiatives carried out by way of our Company and (vi) the sale of alternative solar-related merchandise.

They have 5 production amenities, all of which might be positioned on land that they personal, in Hyderabad, Telangana, India. Combined, our production amenities have an annual put in capability of two GW for photo voltaic cells and three.36 GW for photo voltaic modules. They established a 75 MW capability photo voltaic cellular production line in 2011 sooner than changing into one of the crucial first firms in India to fabricate photo voltaic cells at scale during the advent of a photo voltaic cellular line with an annual put in capability of 500 MW in Fiscal 2021 and 250 MW in Fiscal 2022. Our Company additionally operates a 2 MW solar energy plant which was once commissioned in 2012 underneath the Jawarharlal Nehru National Solar Mission in Jharkhand, India.

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Objects of the Issue

  • Investment in our Subsidiary, Premier Energies Global Environment Private Limited (“PEGEPL”) for partfinancing the established order of a 4 GW Solar PV TOPCon Cell and four GW Solar PV TOPCon Module production facility in Hyderabad, Telangana, India (the “Project”).
  • General company functions.

Premier Energies IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Premier Energies IPO Date & Price Band Details

IPO Open: 2024
IPO Close: 2024
IPO Size: Approx ₹1500 Crores
Fresh Issue: Approx ₹1500 Crores
Offer for Sale: Approx 28,200,000 Equity Shares
Face Value: ₹1 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Premier Energies IPO Market Lot

The Premier Energies IPO minimal marketplace lot is [.] stocks with ₹[.] utility quantity. The retail traders can practice up-to 13 rather a lot with [.] stocks or ₹[.] quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Premier Energies IPO Allotment & Listing Dates

The Premier Energies IPO date is 2024 and the shut date is 2024. The Premier Energies IPO allotment shall be finalized on 2024 and the IPO list on 2024.

Price Band Announcement: 2024
Anchor Investors Allotment: 2024
IPO Open Date: 2024
IPO Close Date: 2024
Basis of Allotment: 2024
Refunds: 2024
Credit to Demat Account: 2024
IPO Listing Date: 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Premier Energies IPO Form

How to use for the Premier Energies IPO? You can practice for Premier Energies IPO by means of ASBA to be had on your checking account. Just pass to the web financial institution login and practice by means of your checking account by way of settling on the Premier Energies IPO within the Invest segment. The different choice is you’ll practice for Premier Energies IPO by means of IPO paperwork downloaded by means of NSE and BSE. Check out the Premier Energies paperwork – Click BSE Forms & NSE Forms clean IPO paperwork obtain, fill, and publish on your financial institution or along with your dealer.

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Premier Energies Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹736.23 ₹681.07 ₹25.81
2022 ₹767.03 ₹783.90 ₹14.41
2023 ₹1463.22 ₹1472.19 ₹13.34
Dec 2023 ₹1463.21 ₹1858.94 ₹127.40

Premier Energies IPO Valuation – FY2023

Check Premier Energies IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹0.40 consistent with Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): -3.35%
Net Asset Value (NAV): ₹9.05 consistent with Equity Share

Peer Group

  • Websol Energy System Limited
  • Surender Pal Singh Saluja
  • Chiranjeev Singh Saluja

Premier Energies IPO Registrar

KFin Technologies Limited
Phone: +91 40 6716 2222
Electronic mail: [email protected]
Website: https://ris.kfintech.com/

Premier Energies IPO Allotment Status Check

Check Premier Energies IPO allotment standing on KFin Technologies web page allotment URL. Click Here

Premier Energies IPO Lead Managers aka Merchant Bankers

  • Kotak Mahindra Capital Company Limited
  • J.P. Morgan India Private Limited
  • ICICI Securities Limited

Company Address

Premier Energies Limited
Plot No. 8/B/1 and eight/B/2,
E- City, Maheshwaram Mandal Raviryala Village,
Ok.V. Rangareddy 501 359,
Telangana, India
Phone: +91 90 3099 4222;
Email: [email protected];
Website: www.premierenergies.com

Premier Energies IPO FAQs

What is Premier Energies IPO?

Premier Energies IPO is a main-board IPO. They are going to carry ₹1500 Crores by means of IPO. The factor is priced at ₹[.] to ₹[.] pr fairness proportion. The IPO is to be indexed on BSE & NSE.

When Premier Energies IPO will open?

The IPO is to open on 2024 for QIB, NII, and Retail Investors.

What is Premier Energies IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Premier Energies IPO?

You can practice for Premier Energies IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI via your inventory agents. You too can practice by means of your inventory agents by way of filling up the offline shape.

How to Apply the Premier Energies IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Premier Energies”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Premier Energies IPO via Upstox?

Log in to the Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Premier Energies”. Click on Bid Button. Confirm your Application. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Premier Energies IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Premier Energies”. Click on Bid Button. Confirm your Application. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Premier Energies IPO Size?

Premier Energies IPO measurement is ₹1500 crores.

What is Premier Energies IPO Price Band?

Premier Energies IPO Price Band is ₹[.] to ₹[.].

What is Premier Energies IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whilst the utmost bid is [.] stocks with ₹[.].

What is the Premier Energies IPO Allotment Date?

Premier Energies IPO allotment date is 2024.

What is the Premier Energies IPO Listing Date?

Premier Energies IPO list date is 2024. The IPO is to checklist on BSE and NSE.

Note: The Premier Energies IPO value band and date aren’t formally introduced but. The IPO gray marketplace top class (Premier Energies IPO Premium) shall be added to the IPO gray marketplace web page as it’s going to get started).



– Source : IPOWATCH

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