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Premier Industrial Corporation IPO IPO

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Listing
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Issue Size
2,79,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

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

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Fujiyama Power Systems Ltd.Mainboard₹828.00 Cr₹22840.85₹208.44-8.58%₹383.80 (+2.39%)
Emmvee Photovoltaic Power Ltd.Mainboard₹2,900.00 Cr₹21734.9₹219.40+1.11%₹331.00 (+3.46%)
Saatvik Green Energy Ltd.Mainboard₹900.00 Cr₹46524.35₹440.70-5.23%₹440.55 (+0.92%)
Mangal Electrical Industries Ltd.Mainboard₹400.00 Cr₹56124.31₹535.35-4.57%₹284.65 (-1.35%)
Vikram Solar Ltd.Mainboard₹2,079.37 Cr₹33275.16₹356.40+7.35%₹182.80 (-0.63%)
IC Electricals Co.Ltd.SME₹47.91 Cr₹999.42₹174.30+76.06%₹159.60 (-7.24%)
Vivid Electromech Ltd.SME₹130.54 Cr₹55519.2₹563.05+1.45%₹1,315.00 (+4.49%)
INDO SMC Ltd.SME₹91.95 Cr₹14916.1₹154.80+3.89%₹448.60 (+5.00%)
Sugs Lloyd Ltd.SME₹85.66 Cr₹12311.91₹125.85+2.32%₹132.00 (-2.00%)
Parth Electricals & Engineering Ltd.SME₹49.67 Cr₹17018.05₹182.70+7.47%₹470.70 (-1.60%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding of capital expenditure requirements of the Company towards Proposed Facility at Raigad, Maharashtra51.23
2Financing of capital expenditure requirements of the Company towards Proposed Expansion at Wada Unit58.96
3Funding the working capital requirements of the Company67.00
4General corporate purposes

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 performanc

Contact Details

Premier Industrial Corp.Ltd. Address5th Floor,Kailash Corporate Lounge, Godrej Hiranandani Link,Park Site, Vikhroli (West),Mumbai, Maharashtra, 400079+91 22 6151 4545info@picl.inVisit Website