Premier Energies Limited IPO Gains Momentum with 2.10x Subscription on Day 1!Premier Energies Limited IPO Gains Momentum with 2.10x Subscription on Day 1!

Premier Energies Limited IPO on Day 1 saw varied interest, with Qualified Institutional Buyers (QIBs) subscribing at 0.04x, Non-Institutional Investors at 5.37x, Retail Institutional Investors (RIIs) at 1.81x, and Employees at 3.16x, leading to an overall subscription of 2.10x.

How to check Premier Energies IPO Subscription Status?

Steps to check Premier Energies Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Premier Energies Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Premier Energies IPO Allotment Status

The allotment date for the Premier Energies Limited IPO is set for August 30, 2024, with shares priced at a range of ₹427 to ₹450 per share and a face value of ₹1. The offering consists of lots of 33 shares, with bids accepted for these lots or their multiples.

Premier Energies Limited IPO Listing Date 

Premier Energies Limited IPO is expected to be listed on the NSE SME on September 3, 2024.