IPO Synopsis

Premier Energies Ltd

Registered Office: Plot # 8/B/1 & 8/B/2 E City,Maheshwaram(M) Raviryala(V)K.V, Rangareddy - 501359, Telangana, India. Phone : +91 90 3099 4222   Fax: Email : investors@premierenergies.com Website :www.premierenergies.com

Initial public offering of 62,909,200*# equity shares of face value of Re. 1 each ("Equity Shares") of Premier Energies Limited (The "Company" or the "Issuer") for cash at a price of Rs. 450 per equity share (the "Offer Price") aggregating to Rs. 2830.40*# crores (the "Offer") comprising a fresh issue of 28,709,200*# equity shares of face value of Re. 1 each by the company aggregating to Rs. 1291.40 crores*# (the "Fresh Issue") and an offer for sale of 34,200,000* equity shares of face value of Re. 1 each (the "Offered Shares") aggregating to Rs. 1539.00 crores (the "Offer for Sale"), comprising 26,827,200 equity shares of face value of Re. 1 each aggregating to Rs. 1207.22 crores by south asia growth fund ii holdings llc, 172,800 equity shares of face value of Re. 1 each aggregating to Rs. 7.78 crores by south asia ebt trust (together, the "Investor Selling Shareholders") and 7,200,000 equity shares of face value of Re. 1 each aggregating to Rs. 324.00 crores by Chiranjeev Singh Saluja (the "Promoter Selling Shareholder", and together with the investor selling shareholders, the "Selling Shareholders"). The offer included a reservation of 233,644* equity shares of face value of Re. 1 each, aggregating to Rs. 10.00 crores*# (constituting 0.05% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 13.96% and 13.90%, respectively, of the post-offer paid-up equity share capital of the company. *Subject to finalization of basis of allotment #a discount of Rs. 22 per equity share was offered to eligible employees bidding in the employee reservation portion. Issue Opens On Closes On 27-Aug-24 29-Aug-24 Money Payable On Application Allotment 450.00 0.00 Minimum Application for shares in Nos : 33 Further Multiples of : 33 Cr Lead Managers to the Issue Project Cost (.Cr) 3358.33 ICICI Securities Ltd Project Financed through Current Offer (.Cr) 2830.40   Post Issue Equity Share Capital (.Cr) 45.08 Issue Price () 450.00

Projects

Investment in PEGEPL for part financing the establishment of the project General corporate purposes

Promoted By

Surender Pal Singh Saluja

Chiranjeev Singh Saluja

Vivana Saluja

Listing At

BSE

NSE

Registrar to the Issue

No Data Available