Premier Energies Limited
27 Aug 2024 – 29 Aug 2024
LISTED
Offer Price
₹427–450
Bid lot
33
Min Application
₹14,850
Issue Size
₹2,830 Cr
Key dates
Open date
27 Aug 2024
Done
Close date
29 Aug 2024
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
03 Sep 2024
Today
Issue reservation
₹2,830 CrQIB 50%Retail 35%5%
QIB
3.14 Cr sh · ₹1415.00 Cr
Retail
2.20 Cr sh · ₹990.50 Cr
Employee
31.4 L sh · ₹141.50 Cr
BRLM: Kotak Mahindra Capital Company Limited · J.P. Morgan India Private Limited · ICICI Securities Limited
Lot ladder — how much to bid
1 lot = 33 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
33 sh · ₹14,850
Max · 13 lots
429 sh · ₹1,93,050
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
462 sh · ₹2,07,900
Max · 67 lots
2,211 sh · ₹9,94,950
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
2,244 sh · ₹10,09,800
Entry point
₹10,09,800 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, ICICI Securities Limited
Face value₹10
Listing onNSE
RegistrarKfin Technologies Limited
Live subscription
124.00×
0×1×2×3×+
Heavily subscribed
Book₹2,547 Cr
Subscribed₹3,15,822 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 3,14,44,445₹1,415 Cr | 6,81,30,67,790₹3,06,588 Cr | 216.67× |
| HNI | 94,33,333₹424.50 Cr | 47,20,44,001₹21,242 Cr | 50.04× |
| Retail | 2,20,11,111₹990.50 Cr | 16,92,65,445₹7,617 Cr | 7.69× |
| Employee | 31,44,444₹141.50 Cr | 3,59,41,000₹1,617 Cr | 11.43× |
| Total | 5,66,00,000₹2,547 Cr | 7,01,82,74,235₹3,15,822 Cr | 124.00× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 306588.05 |
| HNI | 21241.98 |
| Retail | 7616.95 |
| Employee | 1617.35 |
| Total | 315822.34 |
Amounts at the upper band (₹450). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Premier Energies Limited IPO?
One lot of 33 shares — ₹14,850 at the upper price band of ₹450.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2024-09-03 on NSE.