31 Mar 2022
Assets1,341.49
Total Income767.03
Profit After Tax-14.41
NET Worth-0.51
Reserves and Surplus209.20
Total Borrowing453.30
At a glance
Updated 2026-08-24The shares listed at ₹990.00, a 120.00% move from the issue price. Premier Energies is a Mainboard IPO with an issue size of ₹2,830.40 crore, proposed for listing on BSE, NSE. The offer opens on 27th Aug 2024 and closes on 29th Aug 2024. The issue structure includes a fresh issue of ₹1,291.68 crore and an offer-for-sale component of ₹1,538.72 crore. The current listing schedule points to 3rd Sep 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,830.40 Cr
Fresh issue₹1,291.68 Cr
Offer for sale₹1,538.72 Cr
Face value₹1
Price band₹427.00–₹450.00
Allotment30th Aug 2024
Listing3rd Sep 2024
Listing performance
Full performance ↗Issue price₹450.00
Listing price₹990.00
Current price—
Listing gain120.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹487.00
GMP / upper price108.22%
Est. listing₹937.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Aug 2024
Closes29th Aug 2024
Allotment30th Aug 2024
Refund2nd Sep 2024
Demat2nd Sep 2024
Listing3rd Sep 2024
Subscription demand
Full bidding ↗Total75.00×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 33 | ₹14,850 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Investment in Subsidiary, Premier Energies Global Environment Pvt.Ltd. 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 (the Project) | ₹968.60 Cr |
| General Corporate Purposes | ₹270.29 Cr |
| Issue Expenses | ₹115.09 Cr |
| Total | ₹1,353.98 Cr |
Financials
Full financials ↗31 Mar 2023
Assets2,110.69
Total Income1,463.21
Profit After Tax-13.34
NET Worth-0.24
Reserves and Surplus224.40
Total Borrowing763.54
21 Mar 2024
Assets3,554.13
Total Income3,171.31
Profit After Tax231.36
NET Worth36.49
Reserves and Surplus455.76
Total Borrowing1,392.24
30 Jun 2024
Assets3,735.50
Total Income1,668.79
Profit After Tax198.16
NET Worth26.96
Reserves and Surplus255.73
Total Borrowing1,200.16
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 43.73% |
| ROCE | 25.65% |
| Debt / Equity | 1.86% |
| RoNW | 37.46% |
| PAT Margin | 7.30% |
| Price to Book Value | 30.76 |
Valuation & shareholding
Pre-IPO EPS5.48
Post-IPO EPS17.58
Pre-IPO P/E82.09
Post-IPO P/E25.59
Promoter holding pre70.33%
Promoter holding post64.25%
Market cap₹20284.33 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Investment in Subsidiary, Premier Energies Global Environment Pvt.Ltd. 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 (the Project) | ₹968.60 Cr |
| General Corporate Purposes | ₹270.29 Cr |
| Issue Expenses | ₹115.09 Cr |
| Total | ₹1,353.98 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.