Premier Energies IPO allotment – How to check allotment, IPO GMP, listing date and more

• Premier Energies is expected to announce its share allotment status on Friday, August 30.
• The shares of Premier Energies were subscribed 74.38 times.
• The shares are expected to be listed on the stock exchanges on September 3.

Hyderabad-based Premier Energies, a manufacturer of integrated solar cells and solar panels is expected to announce the allotment status of its initial public offering (IPO) on Friday, August 30.

The Premier Energies IPO opened on August 27 and closed on August 29. The price band for the IPO was ₹427 to ₹450 per share.

Premier Energies IPO subscription

On its last day, the Premier Energies IPO was subscribed 74.38 times, receiving bids for 332.03 crore equity shares against 4.46 crore shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 216.67 times, the non-institutional investor's portion was subscribed 50.04 times. The retail portion witnessed decent participation and was subscribed 7.69 times. The employee portion was subscribed 11.43 times.

Premier Energies grey market premium

The shares of Premier Energies are currently commanding a grey market premium (GMP) of ₹420 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check Premier Energies’s IPO allotment status

You can check the allotment status on the registrar’s website.

• To check the Premier Energies IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Company Selection’ and then select ‘Premier Energies’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on ‘Search’.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Premier Energies IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Premier Energies’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Premier Energies listing date

The shares of Premier Energies will be listed on the stock exchanges on September 3.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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