Exchanges
BSE, NSE
Industry
Other Electrical Equipment
Issue
Book building

Premier Energies IPO

₹839.90

+86.64% on listing

Listing-day close · NSE · 3 Sep 2024 · issue price ₹450

Premier Energies’ ₹2,830 crore IPO was priced at ₹450 a share. It listed on the NSE on 3 Sep 2024 and closed its first day at ₹839.90, up 86.64% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹2,830 Cr
Fresh issue
₹1,292 Cr
Offer for sale
₹1,539 Cr
Lot size
33 shares
Minimum investment
₹14,850
Face value
₹1
Registrar
Kfin Technologies

Subscription

Premier Energies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—52.82×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹20,284 Cr
P/E (post-issue)
25.6
EPS (post-issue)
₹17.58
Price to book
30.8
ROE
43.73%
ROCE
25.65%
Debt to equity
1.86
PAT margin
7.30%
Promoter holding
70.33% → 64.25%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
3 Sep 2024
Issue price
₹450
Open
₹990.00
High
₹994.55
Low
₹802.10
Close
₹839.90

Listing day on the NSE. The close was +86.64% on the issue price.

PREMIER ENERGIES share price today

FAQs

When did the Premier Energies IPO open and close?

It opened on 27 Aug 2024 and closed on 29 Aug 2024.

What was the Premier Energies IPO price?

The price band was ₹427–450 a share. The final issue price was ₹450.

What is the lot size and minimum investment?

One lot is 33 shares, ₹14,850 at ₹450 a share. Retail investors apply in whole lots.

How much did Premier Energies raise?

₹2,830 crore: ₹1,292 crore of new shares and ₹1,539 crore offered by existing shareholders.

How many times was the Premier Energies IPO subscribed?

52.82 times overall.

How did Premier Energies list?

It listed on the NSE on 3 Sep 2024 at ₹990.00 and closed the day at ₹839.90, up 86.64% on the ₹450 issue price.

Who is the registrar of the Premier Energies IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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