S urender Saluja is the founder and chairman of Premier Energies, a leading Indian integrated solar cell and module manufacturer. He established the company over three decades ago, building it from a small operation into a major renewable energy player with five manufacturing units in Hyderabad, Telangana. His vision aligned with India's aggressive push for green energy, allowing Premier Energies to capitalize on the growing demand for domestic solar components.
In September 2024, Saluja led the company to a blockbuster debut on the Indian stock exchanges, with shares listing at a massive 120% premium over the issue price. This successful IPO catapulted him into the ranks of billionaires. He runs the business alongside his son, Chiranjeevi Saluja, who serves as the managing director, ensuring that the company remains at the forefront of India's solar revolution.
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Surender Saluja is an Indian businessman, the founder and chairman of Premier Energies (NSE: PREMIER), a manufacturer of solar cells and solar modules.
The company, which has been operating for 30 years, has five manufacturing units in Hyderabad, in the southern Indian state of Telangana. Premier Energies debuted on the Indian bourses in September 2024 at a 120% premium to the issue price. His son, Chiranjeevi, is the managing director of the company.
Surender Saluja's career is defined by his foresight in establishing a major enterprise in the clean energy sector. His structural achievement is tied to building Premier Energies into a scaled manufacturer of essential solar components, supporting India’s energy transition.
The company's recent successful IPO with a 120% premium secured his wealth and highlighted the market's high valuation of his firm. His son, Chiranjeevi, serves as managing director, ensuring generational control over the company's operations.
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Founded Premier Energies (30-year-old company).
Premier Energies debuted on the Indian bourses at a 120% premium.
Continues as Founder and Chairman.
Surender Saluja's wealth is concentrated in his family's controlling stake and continued leadership of the publicly traded clean energy giant, Premier Energies.
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-0.38% | -$11.07M
-4.8% | -$154.40M
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