Premier Energies announces Rs 427-450 price band for Rs 2,800 crore IPO. Check details

Premier Energies disclosed a price band of Rs 427-450 for its upcoming Rs 2,830 crore IPO commencing on August 27. The IPO includes a fresh issue worth Rs 1,291 crore and an Offer for Sale totaling Rs 1,539 crore. Funds will support a new solar manufacturing plant and general corporate needs. Revenue grew by 120% in FY24.