Premier Energies’ IPO opened today, attracting strong interest with 57% subscription, mainly from retail and non-institutional investors. The IPO includes a fresh equity issue of Rs 1,291 crore and an Offer for Sale up to 3.42 crore shares. Analysts recommend subscribing due to the company’s robust order book and promising growth in the solar energy sector.
HEG demerger: What 1:1 restructuring mean for shareholders as company fixes record date?
On September 7, HEG will finalise its demerger, providing shareholders one share in the new entity for each existing share they hold. The graphite electrodes