| Company Name | Premier Energies Limited |
| Open Date | 27-08-2024 |
| Close Date | 29-08-2024 |
| Exchange | BSE, NSE |
| Lot Size | 33 Shares |
| Issue Price | ₹427 to ₹450 per share |
| Issue Size | 6,28,97,777 shares |
| Application Amount | ₹ 14,850 – ₹ 1,93,050 (33 to 429 shares) |
| Recommendation | Apply |
Premier Energies Limited was originally incorporated on April 03, 1995. The registered office is located at Telangana, India. The Company is engaged in the manufacturing integrated solar cell and solar panel. The company’s product portfolio includes Cell, Solar Module, Monofacial modules, Bifacial modules, EPC Solutions and O&M Solutions. The company had 1,447 permanent employees as of June 30, 2024.
| KPI’s | FY 22 | FY 23 | FY 24 | Jun-24 |
| Revenue | 742.87 | 1,428.53 | 3,143.79 | 1,657.37 |
| EBITDA | 30.75 | 79.42 | 479.12 | 358.49 |
| Net Profit | -14.41 | -13.34 | 231.36 | 197.68 |
| RoCE | 0.38% | 2.44% | 22.96% | 17.65% |
| ROE | -3.57% | -3.14% | 35.06% | 23.00% |
| P/E | -1,022.73 | -1,184.21 | 82.12 | 95.74 |
| Opening Date | 27/08/2024 |
| Closing Date | 29-08-2024 |
| Basis of Allotment | 30-08-2024 |
| Initiation of Refunds | 02-09-2024 |
| Credit of Shares to Demat | 02-09-2024 |
| Listing Date | 03-09-2024 |
| Investment in 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. |
| General Corporate Expenses. |
| Registered Office | 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 |
| investors@premierenergies.com | |
| Website | https://www.premierenergies.com/ |
| Premier Energies IPO DRHP |
| Premier Energies IPO RHP |
| Name | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| pel.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| Anchor Investor Shares Offered | 1,88,02,666 (30%) |
| QIB Shares Offered | 1,25,35,111 (20%) |
| NII (HNI) Shares Offered | 94,01,333 (15%) |
| Retail Shares Offered | 2,19,36,444 (35%) |
| Share Holding Pre Issue (Promoters) | 72.23% |
| Share Holding Post Issue (Promoters) | 60.04% |