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Premier Energies Limited IPO Wraps up with 74.38x Subscription on Day 3!

Premier Energies Limited IPO saw robust demand on Day 3, with total subscriptions at 74.38 times, led by QIBs at 216.67 times, followed by other investor categories.
Premier Energies Limited IPO Wraps up with 74.38x Subscription on Day 3!

Premier Energies Limited IPO witnessed a strong response on Day 3, with total subscriptions reaching 74.38 times. Qualified Institutional Buyers (QIBs) led the demand, subscribing 216.67 times, followed by Non-Institutional Investors at 50.04 times, Retail Individual Investors at 7.69 times, and Employees at 11.43 times.

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Premier Energies IPO Subscription Status

Premier Energies IPO experienced a robust start on Day 2 of its IPO, with the issue being subscribed 6.60 times. This shows strong investor confidence and a positive market reception for the company’s initial public offering.

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.

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