35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Premier Energies Limited IPO (Premier Energies IPO) Details

Premier Energies Limited is an Solar - Panels based company, located in Hyderabad, Premier Energies Limited IPO size was 2830.40 Cr. and was issued at 450.00 per share. The share of Premier Energies Limited were listed at 839.65 per share and are currently trading at 999.90 per share.

Type :
Sub Sector : Manufactures Integrated Solar Cell And Solar Panel
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
6675.16 Cr.

PAT :
792.64 Cr.

Pricing Report

Issue Price :
450.00

Listing Price :
839.65

Current Market Price :
999.90

Issue Price vs CMP :
549.9 (122.20%)

listing Price vs CMP :
160.25 (19.09%)

Performance Report (CAGR* wise)

CAGR : 449.7
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Premier Energies

Company Information
Premier Energies Limited has 29 years of experience in the solar industry and has 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, according to the F&S Report. In terms of solar cells alone, the company is also the second-largest domestic manufacturer in India based on annual installed capacity as of March 31, 2024. The company’s business operations include manufacturing solar photovoltaic (PV) cells, manufacturing solar modules (including custom-made panels for specific applications), executing EPC projects, independent power production, providing O&M services for EPC projects executed by the company, and selling other solar-related products
Object of Issue
  • Investment in the Subsidiary, Premier Energies Global Environment Private Limited for part-financing the establishment of a GW Solar PV TOPCon Cell and GW Solar PV TOPCon Module manufacturing facility in Hyderabad, Telangana, India .
  • General corporate purposes

Premier Energies MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
2830.40 Cr.
Market Cap :
20284.33 Cr.   
IPO Subscription :
75.00 X     
PE Multiple :
25.59
Merchant Banker :
ICICI Securities Limited
IPO Registrar:
Kfin Technologies Limited
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Peer Companies Of This Sector

FAQs

Premier Energies operates in Solar - Panels and Manufactures Integrated Solar Cell And Solar Panel. The Issue is listed on MainBoard in Sep, 2024. Premier Energies IPO size was 2830.40 Cr. with Issue price of 450.00 .

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 999.90.

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