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15 Days Price Change

Premier Energies IPO

Closing In

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Issue Size --
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Price Range 427  to  450 per share
Profile
Min Investment ₹450
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Lot Size 1
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Face Value ₹1
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Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Premier Energies Limited, founded in 1995 and headquartered in Hyderabad, India, is a leading player in the renewable energy sector, with a focus on manufacturing solar photovoltaic (PV) cells and modules. The company is recognized for its high-efficiency solar panels, which are used in residential, commercial, and industrial applications. With state-of-the-art manufacturing facilities and advanced technology, Premier Energies has significantly expanded its production capacity to meet the growing global demand for clean energy. The company exports its products internationally, contributing to the global renewable energy market while maintaining a strong commitment to sustainability and environmental responsibility. Through numerous solar power projects and collaborations with government bodies, private companies, and international organizations, Premier Energies is dedicated to promoting the widespread adoption of solar energy and reducing carbon footprints worldwide. Read More

Basic Info

Face Value 1 per share

Price 427  to  450 per share

P/E (x) 21

Sales( Cr.) 6519

PAT( Cr.) 937

EPS 21.4

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Surender Pal Singh Saluja Chiranjeev Singh Saluja.

Pre Issue Share Holding 72.22%

Post Issue Share Holding 66.03%

Listing Details:

Listing Price: 991

Listing Gain: 54.59%

Current Price: 1061

Gain On Issue: 1061 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 27, 2024
Closing Date Aug 29, 2024
Allotment Aug 30, 2024
Refund Sep 02, 2024
Delivery of Shares Sep 02, 2024
Listing Date Sep 03, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 33 14,850
Retail (Max) 13 429 193,050
S-HNI (Min) 14 462 207,900
S-HNI (Max) 67 2211 994,950
B-HNI (Min) 68 2244 1,009,800

Objective of the Issue

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

Issue

Category Nos Bid Bid (x)
QIB 31448889 6680373001 212.4x
NII 9434667 480979324 51x
Retail 22014222 163785812 7.4x
EMP 0 0 0x
Total 62897777 4717333275 75x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Premier Energies Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 701 743 1429 3144 6519
Other Income 35 24 35 28 133
Total Income 736 767 1463 3171 6652
Total Expenditure 648 713 1350 2666 4738
Operating Profit 88 54 113 505 1914
Interest 22 43 69 121 177
Depreciation 12 28 53 96 498
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 56 -16 -8 289 1240
Provision for Tax 30 -1 6 58 303
Profit After Tax 26 -14 -13 231 937
Adjustments -2 0 1 0 0
Profit After Adjustments 23 -14 -13 231 937
Adjusted Earnings Per Share 0.7 -0.4 -0.4 6.9 20.8

Premier Energies Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 222 395 411 647 2822
Minority's Interest 17 9 13 13 0
Borrowings 247 332 570 878 924
Other Non-Current Liabilities 78 90 79 113 263
Total Current Liabilities 411 514 1037 1886 2783
Total Liabilities 975 1340 2110 3537 6792
Fixed Assets 421 473 586 1197 973
Other Non-Current Assets 110 203 469 158 587
Total Current Assets 430 663 1056 2182 5233
Total Assets 975 1340 2110 3537 6792

Premier Energies Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 21 14 80 65 257
Cash Flow from Operating Activities 237 5 37 90 1348
Cash Flow from Investing Activities -353 -218 -304 -447 -2410
Cash Flow from Financing Activities 109 279 252 549 1608
Net Cash Inflow / Outflow -7 66 -16 192 546
Closing Cash & Cash Equivalent 14 80 65 257 803

Premier Energies Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.74 -0.43 -0.38 6.91 20.79
CEPS(Rs) 1.18 0.39 1.19 9.79 31.83
DPS(Rs) 0 0 0 0 0.5
Book NAV/Share(Rs) 7.01 11.79 12.25 19.17 62.21
Core EBITDA Margin(%) 7.65 3.98 5.47 15.2 27.32
EBIT Margin(%) 11.04 3.68 4.26 13.06 21.74
Pre Tax Margin(%) 7.96 -2.11 -0.54 9.2 19.02
PAT Margin (%) 3.68 -1.94 -0.93 7.36 14.38
Cash Profit Margin (%) 5.34 1.78 2.79 10.42 22.01
ROA(%) 2.65 -1.24 -0.77 8.19 18.14
ROE(%) 11.62 -4.67 -3.32 44.02 54.39
ROCE(%) 13.64 3.86 6.01 25.54 41.97
Receivable days 84.3 75.46 26.14 38.8 39.47
Inventory Days 32.59 68.68 108.56 95.33 65.37
Payable days 113.76 134.37 103.83 106.88 88.19
PER(x) 0 0 0 0 45.1
Price/Book(x) 0 0 0 0 15.07
Dividend Yield(%) 0 0 0 0 0.05
EV/Net Sales(x) 0.42 0.43 0.42 0.32 6.47
EV/Core EBITDA(x) 3.3 5.97 5.29 2.01 22.02
Net Sales Growth(%) 0 5.9 92.3 120.07 107.35
EBIT Growth(%) 0 -64.75 122.86 574.5 245.25
PAT Growth(%) 0 -155.83 7.44 1834.85 305.05
EPS Growth(%) 0 -157.92 10.83 1906.78 200.66
Debt/Equity(x) 1.56 1.15 1.87 2.17 0.68
Current Ratio(x) 1.05 1.29 1.02 1.16 1.88
Quick Ratio(x) 0.89 0.87 0.41 0.62 1.4
Interest Cover(x) 3.58 0.64 0.89 3.39 7.99
Total Debt/Mcap(x) 0 0 0 0 0.04

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 107% 106% 0% 0%
Operating Profit CAGR 279% 228% 0% 0%
PAT CAGR 306% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -0% NA% NA% NA%
ROE Average 54% 32% 20% 20%
ROCE Average 42% 25% 18% 18%

Company Contact Information

Premier Energies Ltd.

Plot No. 8/ B/1 & 8/ B/2 E- City, Maheshwaram Mandal Raviryala Village, K. V

IPO Lead Manager(s)

Premier Energies Ltd.

ICICI Securities Ltd

JP Morgan India Pvt Ltd

Registrar Info

Premier Energies Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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