The details about the Premier Energies Limited IPO is as:
- The issue size of the IPO is 2830.40 Cr.
- The price band for Premier Energies Limited IPO is Rs 427 to Rs 450.
- The employees of the company will get a discount of Rs 22.
- The shares of Premier Energies Limited IPO will list on 3rd September 2024.
- The latest tentative GMP of Premier Energies Limited IPO is Rs 330.
- The shares of Premier Energies Limited IPO is subscribed 75.00 Times as of 29th August 2024.
Premier Energies Limited IPO Valuation
The approx valuation of Premier Energies Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 450 |
| Existing Shares (Qty) |
42.20 Cr |
| Fresh Issue |
1291.40 Cr |
| Market Cap |
20281.40 Cr |
| EPS (FY23) |
Rs 6.93 |
| PE Ratio |
64.93x |
Premier Energies Limited IPO Issue Size
Premier Energies Limited IPO issue size is Rs 2830.40 Cr.
| Issue |
Amount |
| Fresh Issue |
1291.40 Cr |
| Offer For Sale |
1539 Cr |
Premier Energies Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 33 shares and a maximum of 13 lots of 429 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
33 |
Rs 14,850 |
| Maximum |
13 |
429 |
Rs 1,93,050 |
Premier Energies Limited IPO share offer
The shares of Premier Energies Limited IPO is subscribed 75.00 Times as of 29th August 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
212.42 Times |
| Non-Institutional |
Minimum 15% |
50.98 Times |
| Retail Individual |
Minimum 35% |
7.44 Times |
| Employee |
2,33,644 Shares |
11.32 Times |
| Total |
|
75.00 Times |
Find below the dates for Premier Energies Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
30 August 2024 |
| Refunds |
2 September 2024 |
| Credit to Demat Account |
2 September 2024 |
| IPO Listing Date |
3 September 2024 |
Check allotment status