Premier Industrial Corporation Limited IPO
Premier Industrial Corporation Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

Premier Industria operates in both powders and wires segments of the welding consumables industry and is among the few players with presence across these categories (Source: CRISIL Report). Its portfolio includes ferro alloy, metal, chemical and mineral powders, as well as low and non-alloy, stainless steel and nickel-based alloy wires. As per the CRISIL Report, the Company offers one of the widest ranges of metal, ferro alloy, chemical and mineral-based powders among its peers. In Fiscal 2025, it contributed approximately 8% (~4.9 KTPA) of domestic demand for metal and ferro alloy powders in the welding raw material and consumables industry. Its products are integral to sectors such as construction, infrastructure, energy, automotive, aerospace, shipbuilding and heavy engineering.

Premier Industria IPO Size

Fresh Issue
Rs. TBA Cr (2.25 Cr Shares)
Offer For Sale
Rs. TBA Cr (0.54 Cr Shares)

Objects of Issue

  1. Funding of capital expenditure requirements towards Proposed Facility at Khalapur, Raigad, Maharashtra
  2. Funding of capital expenditure requirements towards Proposed Expansion at Wada Unit (Maharashtra)
  3. Funding the working capital requirements of the Company
  4. General corporate purposes

Premier Industria IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Premier Industria IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 476.39 339.49 370.65
PAT 51.23 33.57 12.67
Net Worth 197.86 146.77 113.34
Borrowings 102.95 83.09 91.39
Assets 341.88 254.00 222.95
NAV (₹) 24.75 174.73 134.93
EPS (₹) 6.41 4.20 1.58

Key Performance Indicators (KPIs)

EBITDA

16.93%

PAT

10.75%

ROE

29.73%

ROCE

25.98%

Debt to Equity

0.52

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

100.00%

Public

0.00%

Arvind Morzaria 31.36%
Dilip Morzaria 26.53%
Subhash Morzaria 21.25%
Lalit Morzaria 8.20%
Others 12.66%

Management

Arvind Morzaria
Chairman & MD
Dilip Morzaria
Joint MD
Smeet Morzaria
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Premier Industrial Corporation Limited

Address: 5th Floor, Kailash Corporate Lounge, Godrej Hiranandani Link Road, Park Site, Vikhroli (West), Mumbai-400079.

Number: +91 22 6151 4545

Email: info@picl.in

Website: https://www.picl.in

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