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Solar Module Manufacturer Premier Energies’ IPO Oversubscribed 74 Times

The IPO proceeds will be used to part-finance a 4 GW cell and 4 GW module facility

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Telangana-based solar cell and module manufacturer and EPC solutions provider Premier Energies‘ ₹28.30 billion (~$337.4 million) initial public offering (IPO) of shares received an overwhelming response from various investor categories, with the issue subscribed over 74 times.

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