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Premier Energies Limited logo

Premier Energies Limited IPO

Mainboard IPOListedPREMIERENENSE
Current Market Price (CMP)
₹853.30(+89.62%)
Current Price (CMP)
₹853.30(+89.62%)

Live Market Quote

Listing Price & Gain
₹990(+120.00%)

Day 1 Exchange Open

IPO Issue Price
₹450

Band: ₹427 - ₹450

Total Subscription
74.38x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
27 Aug 2024
IPO Bidding Closes
29 Aug 2024
Allotment & Refunds
Completed
Exchange Listing Day
03 Sept 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 74.38x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)216.67x
Non-Institutional Investors (NII / HNI)50.04x
Retail Individual Investors (RII)7.69x
Employees Reservation11.43x
Total Subscription74.38x
Updated as on 29-Aug-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+120.00%
₹450 (Issue) → ₹990 (List)
Per share profit: +₹540.00
Holding Return (Till Date)+89.62%
₹450 (Issue) → ₹853.30 (CMP)
Net gain per share: +₹403.30
Post-Listing Performance (Listing Day → Today):-13.81%

About Premier Energies Limited IPO

Premier Energies Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 27 Aug 2024 and concluded on 29 Aug 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹427 - ₹450.

During the bidding window, Premier Energies Limited witnessed heavy demand with an overall subscription of 74.38 times. Institutional investors (QIB) subscribed 216.67x, non-institutional high-net-worth investors (NII) subscribed 50.04x, and retail individual investors (RII) bid 7.69x their reserved quota, alongside employee participation of 11.43x.

The equity shares of Premier Energies Limited officially debuted on the stock exchanges on 03 Sept 2024 at an opening listing price of ₹990, delivering a listing day return of +120.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹853.30, representing an overall gain of +89.62% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Premier Energies Limited IPO?
The issue price of Premier Energies Limited IPO was fixed at ₹450 per equity share. The indicative bidding price band was ₹427 - ₹450.
What were the open, close, and listing dates for Premier Energies Limited IPO?
Premier Energies Limited IPO opened on 27 Aug 2024, closed on 29 Aug 2024, listed on 03 Sept 2024.
How much was Premier Energies Limited IPO subscribed?
The IPO received an overall subscription of 74.38 times. Category-wise, QIBs subscribed 216.67x, NIIs subscribed 50.04x, and Retail investors subscribed 7.69x.
What was the listing price and listing gain of Premier Energies Limited IPO?
Premier Energies Limited IPO listed on the stock exchange at ₹990, delivering a listing gain of 120.00% compared to the IPO issue price of ₹450.
Is Premier Energies Limited IPO a Mainboard or SME IPO?
Premier Energies Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Premier Energies Limited IPO since its IPO?
At the latest market quote of ₹853.30, Premier Energies Limited IPO has generated an all-time return of +89.62% since its initial public offering.

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