Premier Energies IPO GMP Today, Premier Energies IPO Grey Market Premium Updates | Premier Energies IPO, Latest target, Opening gain
Premier Energies IPO Details:
| Issuer | Premier Energies IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 27 August 2024 | |
| Issue Closes: 29 August 2024 | ||
| Price Brand | ₹427 to ₹450 per share | |
| Issue Size | ₹2830.40 Cr | |
| Face Value | ₹1 per share | |
| Market Lot | 33 Shares | |
| Retail (Max) | ₹1,93,050 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 62,897,777 shares | |
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PREMIER ENERGIES IPO GMP Rates day by day
Premier Energies IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 33 | ₹14,850 |
| Retail (Max) | 13 | 429 | ₹1,93,050 |
| S-HNI (Min) | 14 | 462 | ₹2,07,900 |
| S-HNI (Max) | 67 | 2,211 | ₹9,94,950 |
| B-HNI (Min) | 68 | 2,244 | ₹1,009,800 |
Premier Energies IPO Date, Allotment & Listing:
| Premier Energies IPO Opening Date: | AUGUST 27, 2024 |
| Premier Energies IPO Closing Date: | AUGUST 29, 2024 |
| Basis of Allotment: | AUGUST 30, 2024 |
| Initiation of Refunds: | SEPTEMBER 02, 2024 |
| Credit to Demat Account: | SEPTEMBER 02, 2024 |
| Listing Date: | SEPTEMBER 03, 2024 |
Premier Energies Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Jun 2024 | 21 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 3,735.5 | 3,554.13 | 2,110.69 | 1,341.49 | ||||||||||||||||||||||||||||||||||||
| Revenue | 1,668.79 | 3,171.31 | 1,463.21 | 3,735.5 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 198.16 | 231.36 | -13.34 | -14.41 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 26.96 | 36.49 | -0.24 | -0.51 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 255.73 | 455.76 | 224.4 | 209.2 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 1,200.16 | 1,392.24 | 763.54 | 453.3 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Premier Energies IPO is Rs 20284.33 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 43.73% |
| ROCE | 25.65% |
| Debt/Equity | 1.86 |
| RoNW | 37.46% |
| P/BV | 30.76 |
| PAT Margin (%) | 7.3 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.48 | 17.58 |
| P/E (x) | 82.09 | 25.59 |
Objects of the Issue (Premier Energies IPO Objectives)
The company proposes to utilize the net proceeds, being the gross proceeds of the Fresh Issue less the Offer related expenses (“Net Proceeds”), towards funding the following objects (collectively, the “Objects”):
- Investment 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”); and
- General corporate purposes
Premier Energies IPO ALLOTMENT STATUS
How to Apply for Premier Energies IPO?
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How to Apply Premier Energies IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Premier Energies”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Premier Energies IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Premier Energies”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
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Frequently Asked Questions
Premier Energies IPO is a main-board initial public offering of 62,897,777 Equity shares of the face value of ₹1 aggregating up to ₹2830.40 Crores. The issue price of the IPO is ₹427 to ₹450 Per Equity Share. The minimum order quantity is 33 Shares per application and the offer type is Book Built Issue. The IPO opens on August 27, 2024 and closes on August 29, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Premier Energies IPO opens on August 27, 2024 and closes on August 29, 2024.
You can apply in Premier Energies IPO online using either UPI or ASBA as payment method. Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and ICICI Securities Limited are the book running lead managers of the Premier Energies IPO, while Kfin Technologies Limited is the registrar for the issue.
The finalization of Basis of Allotment for Premier Energies IPO will be done on August 30, 2024, and the allotted shares will be credited to your demat account by September 02, 2024. Check the Premier Energies IPO allotment status.
The Premier Energies IPO listing date is not yet announced. The tentative date of Premier Energies IPO listing is September 03, 2024.
Premier Energies IPO lot size is 33 Shares and the minimum order quantity is 1 Shares.