Shares of Premier Energies have skyrocketed 181% since their stock market debut, rising from their initial public offering (IPO) price of Rs 450, the stock is fueled by the positive investor sentiment on the growth prospects of the company. The company’s shares had surged another 5% in the intraday session, reaching a new all-time high … Read more
Shares of the newly-listed Premier Energies have rallied 41% in the last three days, rising to a high of Rs 1,190.25 on BSE in Monday’s trade after the company announced receiving a Rs 215 crore order from the Uttar Pradesh Department of Agriculture. The order received from the state is for the supply of 8,085 … Read more
The initial public offering (IPO) of Premier Energies, which opened for bidding today, was fully subscribed due to strong demand from retail and non-institutional investors. As of 2 pm, the issue was subscribed 1.18 times, with the retail investor category booked 1.23 times. The non-institutional investor (NII) category saw strong demand, being subscribed 2.51 times. … Read more
ET Intelligence Group: Premier Energies, a manufacturer of solar cells and modules, aims to raise ₹2,830 crore through an initial public offering (IPO) that is set to open on August 27. Of this, ₹1,291 crore will be generated from a fresh issue of shares, which will be used for capacity expansion. The remaining will come … Read more
