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

Premier Energies IPO fully subscribed on Day 1. Check GMP, other details

Premier Energies IPO fully subscribed on Day 1. Check GMP, other details

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