Premier Energies makes stellar debut on the BSE
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Premier Energies has debuted at Rs 991.00 on the BSE, up by 541 points or 120% from its issue price of Rs 450.00.
The scrip is currently trading at Rs 871.30, up by 421.30 points or 93.62% from its issue price.
It has touched a high and low of Rs 993.45 and Rs 860.00 respectively. So far 30.84 lakh shares were traded on the counter.
The offering, which was open for subscription between August 27, 2024 and August 29, 2024 was subscribed around 74 times. The issue price was fixed at Rs 450.00 per share i.e. at upper end of price band of Rs 427-450 apiece.
Premier Energies manufactures integrated solar cell and solar panel.
