Premier Energies IPO Date, Review, Price, Allotment Details

Premier Energies has 29 years of experience in the solar industry and during this time, they have grown to become India’s second largest integrated solar cell and solar module manufacturer with an annual installed capacity of 2 GW and 3.36 GW, respectively, as of March 31, 2024. In September 2021, they received an investment of ₹1,770 million from South Asia Growth Fund II Holdings LLC and South Asia EBT Trust, affiliates of a global private equity management fund focused on investing in climate solutions.

Their business operations include (i) the manufacturing of solar photovoltaic (“PV”) cells, (ii) the manufacturing of solar modules including custom-made panels for specific applications, (iii) the execution of EPC projects, (iv) independent power production, (v) O&M services concerning EPC projects executed by our Company and (vi) the sale of other solar-related products.

They have five manufacturing facilities, all of which are situated on land that they own, in Hyderabad, Telangana, India. Combined, our manufacturing facilities have an annual installed capacity of 2 GW for solar cells and 3.36 GW for solar modules. They established a 75 MW capacity solar cell manufacturing line in 2011 before becoming one of the first companies in India to manufacture solar cells at scale through the introduction of a solar cell line with an annual installed capacity of 500 MW in Fiscal 2021 and 250 MW in Fiscal 2022. Our Company also operates a 2 MW solar power plant which was commissioned in 2012 under the Jawarharlal Nehru National Solar Mission in Jharkhand, India.

Objects of the Issue

• Investment in our Subsidiary, Premier Energies Global Environment Private Limited (“PEGEPL”) for partfinancing 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”).
• General corporate purposes.

Premier Energies IPO Review (Apply or Not)

• To be updated soon

Brokerage Firm IPO Review

• Capital Market: To be updated soon
• Religare Broking: To be updated soon
• Hem Securities: To be updated soon
• Arihant Capital: To be updated soon

Premier Energies IPO Date & Price Band Details

Premier Energies IPO Market Lot

The Premier Energies IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Premier Energies IPO Allotment & Listing Dates

The Premier Energies IPO date is 2024 and the close date is 2024. The Premier Energies IPO allotment will be finalized on 2024 and the IPO listing on 2024.

You can check IPO subscription status and IPO allotment status on their respective pages.

Premier Energies IPO Form

How to apply for the Premier Energies IPO? You can apply for Premier Energies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Premier Energies IPO in the Invest section. The other option is you can apply for Premier Energies IPO via IPO forms downloaded via NSE and BSE. Check out the Premier Energies forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Premier Energies Company Financial Report

Premier Energies IPO Valuation – FY2023

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

Peer Group

• Websol Energy System Limited

Company Promoters

• Surender Pal Singh Saluja
• Chiranjeev Singh Saluja

Premier Energies IPO Registrar

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

Premier Energies IPO Allotment Status Check

Check Premier Energies IPO allotment status on KFin Technologies website 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 8/B/2,
E- City, Maheshwaram Mandal Raviryala Village,
K.V. Rangareddy 501 359,
Telangana, India
Phone: +91 90 3099 4222;
Email: [email protected];
Website: www.premierenergies.com

Premier Energies IPO FAQs