Premier Energies IPO Details Today, GMP Price, Date, Review

Premier Energies IPO Details Today, GMP Price, Date, Review

Premier Energies IPO Details Today: Premier Energies IPO is Open on [.] and Close on [.]. ABS Marine Services IPO to Raise [.] shares (Approx ₹[.] Cr) via IPO. The Fresh Issue of [.] shares (Approx ₹[.] Cr).

Our Company has 29 years of experience in the solar industry and during this time, we have grown to become India’s second largest integrated solar cell and solar module manufacturer with an annual installed capacity of 2 GW and 3.36 GW, respectively, as of March 31, 2024. (Source: F&S Report)In relation to only solar cells, we are also the second largest domestic manufacturer in terms of annual installed capacity as of March 31, 2024.

Our business operations include (i) the manufacturing of solar photovoltaic (“PV”) cells, (ii) the manufacturing of solar modules including custom made panels for specific applications, (iii) the execution of EPC projects, (iv) independent power production, (v) O&M services with respect to EPC projects executed by our Company and (vi)the sale of other solar-related products.

 

Objects of the Issue

  1. Investment in our Subsidiary, Premier Energies Global Environment Private Limited (“PEGEPL”) for part-financing the establishment of a4 GW Solar PV TOPCon Cell and 4 GW Solar PV TOPCon Module manufacturing facility in Hyderabad, Telangana, India (the “Project”)
  2. General corporatepurposes.

 

Qualitative Factors

  • We are India’s second largest integrated solar cell and solar module manufacturer as well as India’s second largest solar cell manufacturer.
  • We have a long track record in solar module manufacturing sector.
  • We have technical expertise in solar cell line production.
  • We have diversified customer base with strong customer relationships both within India and overseas with a strong order book.
  • We have an experienced Promoter led senior management team with demonstrated execution capabilities.

 

Our Company Promoters

  1. Surender Pal Singh Saluja
  2. Chiranjeev Singh Saluja

 

Comparison of Accounting Ratios with Industry Peers

  • Premier Energies Limited
  • Websol Energy System Limited

 

Premier Energies Company Contact Details

Plot No. 8/B/1 and 8/B/2
E-City, Maheshwaram Mandal, Raviryala Village
K.V. Rangareddy 501 359
Telangana, India
Tel: + 91 90 3099 4222
E-mail:investors@premierenergies.com
Website: www.premierenergies.com

 

Premier Energies IPO Registar

KFinTechnologies Limited
Selenium, Tower B, Plot No. 31 and 32
Financial District, Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Tel:+91 40 6716 2222
E-mail:pel.ipo@kfintech.com
Website:www.kfintech.com
Investor grievance ID:einward.ris@kfintech.com
Contact Person:M.Murali Krishna

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