Premier Energies IPO Day 1: GMP, subscription status, review, key dates, more. Apply or not?

Premier Energies IPO: Premier Energies, a manufacturer of solar cells and modules, is ready to make its initial public offering debut on D-Street today, August 27. The IPO will conclude on August 29 and has established a price range of ₹427 to ₹450 per equity share with a face value of ₹1. The company has garnered ₹846 crore from anchor investors. Up to 50% of the shares in the public issue of the Premier Energies IPO are allocated for qualified institutional buyers (QIB), while 15% are designated for non-institutional investors (NII). 35% of the offer is reserved for retail investors. Employees can benefit from a discount of ₹22 per equity share.