Premier Energies manufactures solar PV modules and cells, with an annual installed capacity of 2 GW for solar cells and 4.13 GW for solar modules.
The IPO opens on August 27, 2024, and closes on August 29, 2024.
The IPO consists of a fresh issue of ₹1,291.4 crore and an offer for sale (OFS) of ₹1,539 crore.
The price band is set at ₹427 to ₹450 per equity share, with a minimum lot size of 33 shares.
The company will use the funds raised for expanding manufacturing capacity, upgrading technology, and debt repayment.
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