Premier Energies Limited IPO


Opening Date Closing Date Face Value Issue Price Lot Size Listing At Total Issue Size Basis of Allotment Initiation of Refunds Credit of Shares to Demat Listing Date
26-08-2024 28-08-2024 ₹10 per share 450 33 Shares BSE, NSE 62,897,777 shares (aggregating up to ₹2,830.40 Cr) 2024-08-29 18:30:00 2024-09-01 18:30:00 2024-09-01 18:30:00 02-09-2024

About The Company

Premier Energies IPO is a book built issue of Rs 2,830.40 crores. The issue is a combination of fresh issue of 2.87 crore shares aggregating to Rs 1,291.40 crores and offer for sale of 3.42 crore shares aggregating to Rs 1,539.00 crores.

Premier Energies IPO opens for subscription on August 27, 2024 and closes on August 29, 2024. The allotment for the Premier Energies IPO is expected to be finalized on Friday, August 30, 2024. Premier Energies IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, September 3, 2024.

 

Premier Energies IPO price band is set at ₹427 to ₹450 per share. The minimum lot size for an application is 33 Shares. The minimum amount of investment required by retail investors is ₹14,850. The minimum lot size investment for sNII is 14 lots (462 shares), amounting to ₹207,900, and for bNII, it is 68 lots (2,244 shares), amounting to ₹1,009,800.

Kotak Mahindra Capital Company LimitedJ.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.

Refer to Premier Energies IPO RHP for detailed information.

Financials

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrow
30-03-2022 1314 3374 -14 -0.51 209.2 453.3
30-03-2023 2111 1463 -13 -0.24 224.4 763.54
30-03-2024 3554 3171 231 36.49 455.76 1393.24
29-06-2024 3736 1669 198 26.96 255.73 1200.16

IPO Subscription Status

Category Subscription Times
Anchor Investors 1
Qualified Institutions 212.42
Non-Institutional Buyers 50.88
bNII (bids above ₹10L) 58.00
sNII (bids below ₹10L) 36.64
Retail 7.32
Employees 11.10
Total 74.91

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 33 14850
Retail (Max) 13 429 193050
Retail (Max) 14 462 207900
S-HNI (Max) 67 2211 994950
B-HNI (Min) 68 2244 1009800

IPO Listing Details

Listing Date 02-09-2024
BSE Script Code 544238
NSE Symbol PREMIERENE
ISIN -
Final Issue Price 450

Promoter holdings

urender Pal Singh Saluja and Chiranjeev Singh Saluja.

Pre Issue Share Holding 72.22%
Post Issue Share Holding -

Contact Information of the Company

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: investors@premierenergies.com
Websitehttps://www.premierenergies.com/

IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: pel.ipo@kfintech.com
Websitehttps://kosmic.kfintech.com/ipostatus/

IPO Lead Manager

Kotak Mahindra Capital Company Limited (Past IPO Performance) J.P. Morgan India Private Limited (Past IPO Performance) ICICI Securities Limited (Past IPO Performance)