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Premier Energies IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 2830.40 Cr. The company is based in Hyderabad and caters to Solar - Panels sector. ICICI Securities , J.P. Morgan India , Kotak Mahindra Capital Company are the merchant bankers of Premier Energies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th April 2024.
Premier Energies IPO open date is 27th August 2024 and close date is 29th August 2024. IPO Allotment Date is 30th August 2024 and Listing date is 3rd September 2024.
IPO
Size:
₹ 2830.40 Cr.
Avg IPO Size (Sector Based)
: ₹
2,830.40 cr.
Sector: Solar - Panels
IPO so far:
1
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
164
City:
Hyderabad
IPO so far:
36
Revenue (annualised):
₹
6675.16
cr. 
PE
Ratio:
25.59x
Average Sector PE Ratio: 25.59x
Premier Energies IPO size is ₹ 2830.40 Cr. with IPO price of ₹ 450.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
ICICI Securities Limited is the book-running lead manager of the Premier Energies IPO. Kfin Technologies Limited is the Registrar for Premier Energies IPO.
Premier Energies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Premier Energies IPO, based in Hyderabad, operates in the Solar - Panels sector with a focus on manufactures integrated solar cell and solar panel. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Premier Energies IPO size is ₹ 2830.40 Cr. with fresh issue size of ₹ 1291.40 Cr. and Offer for sale being ₹ 1539.00Cr.
The IPO allotment date for Premier Energies IPO is expected to be 30th August 2024, after the finalization of basis of allotment. Investors can check Premier Energies IPO allotment status on the registrars website, Kfin Technologies Limited . Premier Energies IPO refund dates are 2nd September 2024.
Premier Energies IPO is expected to be listed on 3rd September 2024.
The upper price band for the Premier Energies IPO is set at ₹ 450.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Premier Energies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Premier Energies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th August 2024. After submission, funds are blocked until the basis of allotment of Premier Energies IPO is finalised.
The merchant banker for Premier Energies IPO is ICICI Securities Limited , J.P. Morgan India Private Limited , Kotak Mahindra Capital Company Limited . ICICI Securities Limited , J.P. Morgan India Private Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Premier Energies IPO RHP for further details.
The registrar for Premier Energies IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Premier Energies IPO through their official website or helpline.
Premier Energies IPO was subscribed 75.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2830.40 Cr.
Avg IPO Size (Sector Based)
:
₹ 2,830.40 Cr.
Sector: Solar - Panels
IPO so far:
1
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
164
City:
Hyderabad
IPO so far:
36
Revenue (annualised):
₹ 6,629.48 cr.
PE
Ratio:
25.59x
Average Sector PE Ratio: 25.59x
Premier Energies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Premier Energies Financial Review Page
Merchant Banker(s) of Premier Energies IPO: ICICI Securities Limited , J.P. Morgan India Private Limited , Kotak Mahindra Capital Company Limited
Premier Energies IPO subscription was 75.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Premier Energies IPO listed at a listing price of 839.65 against the offer price of 450.00.
The current market price of Premier Energies is 1053.70.
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