Premier Industrial Corporation Limited IPO: GMP today, Price, Review, Detail

Premier Industrial Corporation Limited is the manufacturer and supplier of electrical and industrial products, with a particular focus on welding consumables.
It operates across both powder and wire segments of this industry, offering ferro alloy powders, metal powders, chemical and mineral powders, and various alloy wires to serve diverse sectors such as construction, infrastructure, automotive, energy and heavy engineering.

Premier Industrial serves customers across 31+ countries through exports and domestic sales, contributing approximately 8% of the total domestic demand for metal and ferro‑alloy powders in India’s welding raw materials industry.

Premier Industrial Corporation Limited has filed DRHP with SEBI for a proposed IPO with an issue size of total 2.79 Cr equity shares consisting Fresh Issue of 2.25 Cr equity shares and Offer for Sale (OFS) of 0.54 Cr equity shares.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Issue Size: 2.79 Cr equity shares
Fresh Issue:2.25 Cr equity shares
Offer for Sale:0.54 Cr equity shares
Price Range:TBA
Lot Size:TBA
GMPPending

Premier Industrial Corporation Limited important data points


Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 197.9 Cr
Revenue:₹ 476.4 Cr
EBITDA₹ 80.6 Cr
PAT₹ 51.2 Cr
EBITDA Margin:~16.93%
PAT Margin~10.75%
Face Value:Rs. 10 per Equity Share

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Capex Requirement₹ 51.23 Cr
Expansion of existing Manufacturing facility₹ 58.96 Cr
Working Capital Requirement₹ 67 Cr
General Corporate PurposeBalance

Premier Industrial Corporation Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 370.6₹ 339.5₹ 476.4
PAT (₹ Cr)₹ 12.7₹ 33.6₹ 51.2
Asset (₹ Cr)₹ 222.9₹ 254.0₹ 341.9
Net Worth (₹ Cr)₹ 113.3₹ 146.8₹ 197.9

Premier Industrial Corporation IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
31-Jan₹ –₹ –₹ –
30-Jan₹ –₹ –₹ –
29-Jan₹ –₹ –₹ –
28-Jan₹ –₹ –₹ –
27-Jan₹ –₹ –₹ –

Premier Industrial Corporation Limited

Premier Industrial Corporation Limited IPO Pros & Cons

Strengths:

Risks:

Premier Industrial Corporation Limited Promoters – Pre offer equity (Approx)

Arvind Chhotalal Morzaria~31.36%
Dilip Chhotalal Morzaria~26.53%
Subhash Chhotalal Morzaria~21.25%
Lalit Navinchandra Morzaria~8.20%
Meet Arvind Morzaria~2.30%
Smeet Morzaria~2.30%

Premier Industrial Corporation Limited Lot Size details

Application TypeLot SizeNo. of LotsNo. of SharesInvestment Amount
Retail(Min)1₹ –
Retail (Max)13₹ –
Small HNI (Min)14₹ –
Small HNI (Max)66₹ –
Big HNI (Min)67₹ –

Lead Managers / Registrars of Premier Industrial Corporation Limited 

Lead / Book Running Lead ManagersUnistone Capital Private Limited
Registrar (RTA)MUFG Intime India Pvt Ltd

Founding Year of Premier Industrial Corporation Limited & Managing Director

Premier Industrial Corporation Limited was incorporated in the year 2007.

Mr. Dilip Chhotalal Morzaria serves as Managing Director of the company.

Premier Industrial Corporation Limited FAQ

  • It is a manufacturer of ferro alloy, metal and chemical powders and alloy wires serving the welding consumables and metallurgical industries domestically and internationally.
  • Premier Industrial Corporation is raising funds via IPO to finance a new wire manufacturing facility, expand existing capacity, and to support working capital
  • The issue size of the IPO is ~ 2.79 crore equity shares. It will be listed on the BSE & NSE platform.
  • Risks to investors which must be considered while investing is fluctuating demand in metals, raw material price volatility, industry competition and execution risks on expansion plans.
  • Potential upsides of the IPO is its strong growth in welding and industrial markets, export diversification, and capacity expansion that may drive future revenue growth.
  • You can apply for the IPO through ASBA via bank/net banking or brokerage IPO application platforms when the subscription window opens.
  • Expected listing date is yet to be announced.

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