Premier Energies Limited (Ticker: N/A) is a manufacturer of integrated solar cells and solar panels, offering products such as monofacial and bifacial modules, as well as EPC and O&M solutions. Headquartered in Hyderabad, Telangana, the company operates five manufacturing units in India and serves clients including NTPC, TATA Power Solar Systems, and Panasonic.
Premier Energies will list on September 3, 2024, on the BSE and NSE. The firm is offering 62,897,777 shares through a combination of a fresh issue of 28,697,777 shares and an offer for sale of 34,200,000 shares, totaling ₹2,830.40 crores (USD 337.31 million). The price band is set at ₹427 to ₹450 per share. The expected market capitalization at the offer is approximately ₹20,284.33 crores (USD 2.42 billion). The offering is managed by Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, and ICICI Securities Limited.