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Premier Energies Limited IPO Allotment Status, Subscription, and IPO Details

Premier Energies Limited IPO allotment is set for August 30, 2024, with shares priced at ₹427 to ₹450 per share. The offering allows bidding for lots of 33 shares or multiples thereof.
Premier Energies Limited IPO Allotment Status, Subscription, and IPO Details

Premier Energies Limited 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.

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Premier Energies Limited IPO Allotment Status Check 

To ascertain their allocation status for the Premier Energies Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Kfin Technologies Ltd website.

IPO Allotment Status BSE 

Here are steps to check Premier Energies Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Premier Energies Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Premier Energies Limited allotment status on Kfin Technologies Ltd 

Step 1: Visit IPO registrar website – Kfin Technologies Ltd

Step 2: Select ‘Premier Energies Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Premier Energies Limited IPO allotment status will be reflected on the screen.

Premier Energies Limited IPO GMP Today

Premier Energies Limited IPO GMP (Grey Market Premium) is ₹396 as of August 29, 2024.

Premier Energies Limited IPO Subscription Status 

Premier Energies Limited IPO saw varied subscriptions on Day 2: Qualified Institutional Buyers subscribed 1.40 times, Non-Institutional Investors 18.83 times, Retail Institutional Investors 4.21 times, and Employees 6.62 times. Overall, the total subscription reached 6.60 times.

Premier Energies Limited IPO Details

Premier Energies IPO, totaling Rs 2,830.40 crores, combines fresh issues and an offer for sale, open from August 27-29, 2024, listing on BSE, NSE on September 3. Priced at ₹427 to ₹450 per share, managed by Kotak Mahindra, J.P. Morgan, and ICICI Securities, with Kfin Technologies as the registrar. Employee reservation at a discount. The minimum retail investment is ₹14,850.

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