Premier Energies IPO: Premier Energies’ IPO subscribed 74.4 times, QIB demand 2nd highest ever

Premier Energies IPO: Premier Energies’ IPO subscribed 74.4 times, QIB demand 2nd highest ever

Mumbai: Premier Energies’ ₹2,830-crore initial public offering (IPO) was subscribed 74.4 times on the final day of bidding on Thursday, attracting bids worth over ₹1.49 lakh crore. The strong demand was driven by institutional investors, who placed bids worth ₹1.2 lakh crore. The institutional demand for Premier Energies was second only to Tata Technologies. In … Read more