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Premier Industrial Corporation Limited IPO
Premier Industrial Corporation Limited IPO

Premier Industrial Corporation Limited IPO

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.

Price Band

Dates

-

GMP

₹0 (-)

Subscriptions

-

Issue Size

₹0.00 Crs

Premier Industria IPO Key Dates

Opening Date

-

Closing Date

-

Basis Of Allotment

-

Initiations Of Refund

-

Credit Of Shares

-

Listing Date

-

Premier Industria IPO Objects

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

Premier Industria IPO Details

Price Band

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹0.00 (2.25 Cr Shares)

Offer For Sale

₹0.00 (0.54 Cr Shares)

Total Issue

₹0.00 (2.79 Cr Shares)

Face Value

₹10 per equity share

Premier Industria IPO Lot Information

Investor Category Lot Shares Amount
Retail
Minimum 1 1 1
Maximum 2,00,000 2,00,000 2,00,000
Small HNI
Minimum 2,00,000 2,00,000 2,00,000
Maximum 10,00,000 10,00,000 10,00,000
Big HNI
Minimum 10,00,000 10,00,000 10,00,000

Premier Industria IPO GMP

The estimated Grey Market Premium of Premier Industria IPO is ₹0 per share (-)

Category Allocation

Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer

Premier Industria IPO Financials

(Rs. in crores)

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

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
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.

Premier Industria IPO Peer Comparision

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Premier Industria IPO Peer Comparision

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Promoter Details

Name Shareholding
Arvind Morzaria 31.36%
Dilip Morzaria 26.53%
Subhash Morzaria 21.25%
Lalit Morzaria 8.20%
Others 12.66%
Total 100.00%

Management Details

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

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

Book Running Lead Managers (BRLMs)

RTAs

MUFG Intime India
MUFG Intime India
Visit Website

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Premier Industria IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Premier Industria IPO is priced at ₹ - ₹ per share. The issue opens on 13 Mar 26 and closes on 13 Mar 26.

Premier Industria IPO opens on 13 Mar 26 and closes on 13 Mar 26.

The estimated Grey Market Premium of Premier Industria IPO is ₹0 per share (-).

The minimum lot size of Premier Industria IPO is shares & the minimum application amount is Rs. 0.

The allotment date of Premier Industria IPO is 13 Mar 26.

The listing date of Premier Industria IPO is 13 Mar 26.

Premier Industria IPO is subscribed -.

Premier Industria IPO is priced at ₹ - ₹ per share.

Click the allotment link on Premier Industria IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Premier Industria IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date