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August 27, 2024 - August 29, 2024

Premier Energies IPO FAQ

Premier Energies IPO Date & Price

The Premier Energies IPO opens on August 27, 2024 and closes on August 29, 2024.

Premier Energies IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 27, 2024
  • Bid/Offer Closes On: August 29, 2024
  • Finalization of Basis of Allotment: August 30, 2024
  • Initiation of refunds: September 2, 2024
  • Credit of Equity Shares: September 2, 2024
  • Listing Date: September 3, 2024

Premier Energies IPO price is set at ₹450 per equity share.

Premier Energies IPO will close for subscription at 5 PM on August 29, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Premier Energies IPO starts on August 27, 2024. The issue ends on August 29, 2024.

Premier Energies IPO Issue Size and Subscription Status

The Premier Energies IPO size is 62897777 Equity Shares of ₹1 aggregating up to ₹2,830.40 Cr.

Premier Energies Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Premier Energies IPO shares through the banks (using ASBA) or through the broker (using UPI).

Premier Energies IPO Offer Size

Qualified Institutional Buyers (QIB)12,535,111 Shares
Non-Institutional Investors (NII)9,401,333 Shares
Retail Individual Investor (RII)21,936,444 Shares
Employee Reservations233,644 Shares
Other Reservations0 Shares
Total Issue Size44,106,533 Shares

Premier Energies IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)212.42 times times
Non-Institutional Investors (NII)50.98 times times
Retail Individual Investor (RII)7.44 times times
Employee Reservations11.32 times times
Other Reservations times
Total Issue Size75.00 times times

Click here to check the Premier Energies IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Premier Energies IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Premier Energies IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Premier Energies IPO Allotment and Listing

The Premier Energies IPO allot status will be available online on August 30, 2024. Check the Premier Energies IPO Allotment Status here.

Click here to check Premier Energies IPO Allotment Status.

Premier Energies IPO listing Date is September 3, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Premier Energies IPO listing date and time is published by the exchange in a circular.

Click here to view the Premier Energies IPO Basis of Allotment.

It is hard to say at what price Premier Energies IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Premier Energies IPO shares will list on September 3, 2024 at BSE, NSE.

Premier Energies IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Premier Energies IPO which could help you with questions like Premier Energies IPO buy or not? You should also read Premier Energies IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Premier Energies IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Premier Energies IPO performance. The performance reports are available 1 day after listing.