Premier Industrial Corporation IPO Details

MAINBOARD

Premier Industrial Corporation IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

Premier Industrial Corporation IPO total issue size comprises 2,79,00,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 2,25,00,000 shares (aggregating up to ₹0.00 Cr.). Offer for Sale consists of 54,00,000 shares (aggregating up to ₹0.00 Cr.).

The Lead Managers for Premier Industrial Corporation IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Unistone Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Premier Industrial Corporation Limited DRHP.

Premier Industrial Corporation IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
7,99,60,698 shares
Share holding post issue
-
Total Issue Size
2,79,00,000 shares (aggregating up to ₹0.00 Cr.)
Fresh Issue
2,25,00,000 shares (aggregating up to ₹0.00 Cr.)
Offer for Sale
54,00,000 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Filed With SEBI

Premier Industrial Corporation IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Premier Industrial Corporation IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Arvind Chhotalal Morzaria, Dilip Chhotalal Morzaria, Subhash Chhotalal Morzaria, Lalit Navinchandra Morzaria, Smeet Morzaria, Meet Arvind Morzaria, Anand Dilip Morzaria

Premier Industrial Corporation IPO Valuations

ROE:29.73%
ROCE:25.98%
DEBT/EQUITY:0.52
RONW:25.89%
PAT MARGIN:10.75%

Premier Industrial Corporation Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets341.88254.00222.95
Total Income481.04343.11375.09
Profit After Tax51.2333.5712.67
EBITDA80.6351.4532.73
NET Worth197.86146.77113.34
Reserves and Surplus117.90138.37104.94
Total Borrowing102.9583.0991.39
Amount in ₹ Crore

About Premier Industrial Corporation IPO

Premier Industrial Corporation Limited is engaged in the manufacturing and supply of electrical and industrial products.

The company are one of the few players who operates in both powders as well as wires categories of welding consumables industry.

It caters to diverse sectors by offering reliable components designed for durability and performance. With a focus on quality and customer satisfaction, the company continues to strengthen its presence across domestic and international markets.

The Product Portfolio spans ferro alloy, metal, chemical and mineral powders as well as low and non-alloy, stainless steel and nickel-based alloy wires.

As of March 31, 2025, the company operate out of five manufacturing facilities with a combined constructed area of approximately 24,771 sq. mtrs. and combined annual installed capacity of 23,703 MTPA for powder products and 4,194 MTPA for wire products.

Competitive Strengths:

  • Product portfolio tailored to customer requirements with the capability to expand SKUs.
  • Strategic network of manufacturing facilities with advanced capabilities.
  • Long standing relationships with customers and suppliers with track record of repeat orders.
  • Financial performance and growth through internal accruals.
  • Led by qualified and experienced Promoters and supported by a professional management team.

Strength Of Premier Industrial Corporation IPO

To be announced

Risk Of Premier Industrial Corporation IPO

To be announced

Objectives Premier Industrial Corporation IPO

1. Funding of capital expenditure requirements of the Company towards Proposed Facility at Raigad, Maharashtra

2. Financing of capital expenditure requirements of the Company towards Proposed Expansion at Wada Unit

3. Funding the working capital requirements of the Company

4. General corporate purposes

Company Contact Details

Premier Industrial Corp. Ltd.
5th Floor,
Kailash Corporate Lounge, Godrej Hiranandani Link,
Park Site, Vikhroli (West),
Mumbai, Maharashtra, 400079
Phone: +91 22 6151 4545
Email: info@picl.in
Website: https://picl.in/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

Premier Industrial Corporation IPO - FAQs

The Premier Industrial Corporation IPO is a MAINBOARD public issue comprising 27900000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Premier Industrial Corporation IPO opens on TBA.

Premier Industrial Corporation IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Premier Industrial Corporation IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Premier Industrial Corporation IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Premier Industrial Corporation IPO allotment status for updates.

The listing date for the Premier Industrial Corporation IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Premier Industrial Corporation IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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