Investment in the subsidiary, Premier Energies Global Environment for partfinancing the establishment of a 4 GW Solar PV TOPCon Cell and 4 GW Solar PV TOPCon Module manufacturing facility in Hyderabad, Telangana, India
Strengths & Weaknesses of Premier Energies Limited
Large manufacturer
The company is India’s second largest integrated solar cell and solar module manufacturer as well as India’s second largest solar cell manufacturer
Long track record
Through its long track record in the solar module manufacturing industry, it has been able to build up recognition for the brand and has established its credentials
Diversified customer base
The company has a diversified customer base with strong customer relationships both within India and overseas with a strong order book
Dependent on two products
The company derives a significant amount of revenue from only two product categories namely, solar cells and modules, and therefore their continued success is necessary for the business and prospects
Outstanding litigation
There are outstanding litigation proceedings involving the company, its subsidiaries and directors. Any adverse outcome in such proceedings may have an adverse impact on the business
Incurred losses
The company has incurred losses in Fiscal Years 2022 and 2023 and any similar losses in the future may adversely affect the business, financial condition and cash flows
Financials
Earnings Per Share
Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.
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Balance Sheet
A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Cash Flow
The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
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About Premier Energies Limited
Premier Energies Ltd. was incorporated on April 3, 1995. The company's business operations include the manufacturing of solar photovoltaic cells, the manufacturing of solar modules including custom made panels for specific applications, the execution of EPC projects, independent power production, O&M; services with respect to EPC projects executed by the company and the sale of other solar-related products.
Promoter
Surender Pal Singh Saluja
Promoter
Chiranjeev Singh Saluja
Premier Energies Limited IPO FAQs
What is Premier Energies Limited IPO?
Premier Energies Limited IPO refers to the initial public offering of shares by Premier Energies Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.
What is the issue size of Premier Energies Limited IPO?
For Premier Energies Limited IPO the issue size is ₹2,830 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.
What is the minimum investment amount for the Premier Energies Limited IPO?
For Premier Energies Limited IPO the minimum investment is ₹14,091. The minimum investment for Premier Energies Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.
What is the lot size of Premier Energies Limited IPO?
For Premier Energies Limited IPO the lot size is 33 shares. The lot size of Premier Energies Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.
How to apply for Premier Energies Limited IPO on Share.Market?
To apply for Premier Energies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Premier Energies Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.
Can I pre-apply for Premier Energies Limited IPO?
Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Premier Energies Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.
How many days is the IPO application window open?
The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.
Till what time can I apply for an IPO on the last day on Share.Market?
You can apply for the IPO till 3 PM on the last day of application on Share.Market.
What is the allotment date of Premier Energies Limited IPO?
For Premier Energies Limited IPO the allotment date is August 30, 2024. The allotment date of Premier Energies Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.
What are the open and close dates of Premier Energies Limited IPO?
For Premier Energies Limited IPO, the subscription opens on August 27, 2024 and closes on August 29, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.