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Premier Energies Limited

Premier Energies Limited, originally incorporated as Premier Solar Systems Private Limited on April 3, 1995, in Hyderabad, India, has grown into a leading name in the country’s solar energy sector. As the second-largest integrated solar cell and module manufacturer in India, it has an annual production capacity of 2 GW for solar cells and 3.36 GW for solar modules, reflecting its strong focus on sustainability and innovation. The company offers end-to-end solar power solutions, including engineering, procurement, and construction (EPC) services, along with the operation and maintenance of solar facilities. To keep up with the rising demand for renewable energy, Premier Energies is expanding its production capabilities in line with the government's clean energy goals. Committed to environmental, social, and governance (ESG) initiatives, the company actively works to reduce its carbon footprint and promote a greener future. As of June 30, 2024, it had a workforce of 1,447 full-time employees.

₹427 - ₹45075.62x sub
Listed Price990.00
Listing Gain+120.00%
TimelineBookbuilding IPO
Open27 Aug 2024
Close29 Aug 2024
Allotment30 Aug 2024
Listing03 Sep 2024

Quota Reservation Portions

QIBPortion: 1,25,35,112 shares
28.57%
HNIPortion: 94,01,333 shares
21.43%
RetailPortion: 2,19,36,444 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 33 shares
₹14,850
sHNI14 lots / 462 shares
₹2,07,900
bHNI68 lots / 2,244 shares
₹10,09,800

About the Company

Premier Energies Limited, originally incorporated as Premier Solar Systems Private Limited on April 3, 1995, in Hyderabad, India, has grown into a leading name in the country’s solar energy sector. As the second-largest integrated solar cell and module manufacturer in India, it has an annual production capacity of 2 GW for solar cells and 3.36 GW for solar modules, reflecting its strong focus on sustainability and innovation. The company offers end-to-end solar power solutions, including engineering, procurement, and construction (EPC) services, along with the operation and maintenance of solar facilities. To keep up with the rising demand for renewable energy, Premier Energies is expanding its production capabilities in line with the government's clean energy goals. Committed to environmental, social, and governance (ESG) initiatives, the company actively works to reduce its carbon footprint and promote a greener future. As of June 30, 2024, it had a workforce of 1,447 full-time employees.

Company Promoters

Surender Pal Singh SalujaChiranjeev Singh Saluja