Premier Roadlines Limited IPO is an NSE SME IPO. They are going to raise ₹40.36 Crores via IPO. The issue is priced at ₹63 to ₹67 per equity share. The IPO is to be listed on NSE.
Premier Roadlines Limited IPO opens for subscription on May 10, 2024, and closes on May 14, 2024. The allotment for the Premier Roadlines Limited IPO is expected to be finalized on May 15, 2024. Premier Roadlines Limited IPO will list on NSE SME with tentative listing date fixed as May 17, 2024.
| IPO Details | allotment |
| Minimum Investment ₹134,000 /1 Lot (2000 shares) | Price Range ₹63-₹67 | |
| Max Quantity 1 Lots/2000 Shares | Max Investment ₹134,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 40.36 Cr | Employee Discount ₹0 |
| Total Issue Size 6,024,000 Shares (aggregating up to ₹40.36 Cr) | Share Holding Pree Issue 16,838,547 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 6,024,000 Shares (aggregating up to ₹40.36 Cr) | Share Holding Post Issue 22,862,547 | Listing At NSE SME |
| Market Maker Portion 304,000 Shares (Hem Finlease) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 10 May 2024 |
| Offer Ends | 14 May 2024 |
| Allotment | 15 May 2024 |
| Refunds | 16 May 2024 |
| Credit of shares to Demat account | 16 May 2024 |
| IPO Listing | 17 May 2024 |
About Premier Roadlines Limited
Premier Roadlines Limited was founded in 2008 and offers logistics solutions for companies, especially for land transportation of goods between 1 MT and 250 MT.
To provide with transportation services, they engage third-party operators i.e. small fleet owners and agents who provide us with necessary transportation facilities such as containerized trucks, Trailers, Hydraulic axles, etc. Their centralized information technology network is capable of connecting their branch offices with their corporate office, which enables real-time monitoring of their operations, consignment bookings, and delivery status. They carry their logistics business through their widespread transportation network across India which they are operating through their Registered and Corporate Office located in Delhi, along with 28 Branch Offices located in various cities of India like Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, Pune etc. A few of their esteemed customers include KEC International Limited, ThyssenKrupp Industrial Solutions (India) Private Limited, Tata Project Limited, G R Infraprojects Ltd, Tata Power Solar Systems Limited, Sterlite Power Transmission Limited, etc.
| Founded in | Managing Director |
| 2008 | Mr. |
Share Holding
Virender Gupta, Rakhi Gupta & Samin Gupta are the company’s promoters.
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post-Issue | 73.65% |
Premier Roadlines Limited IPO Prospectus
| Premier Roadlines Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹19,205.60 | ₹13,868.81 | ₹9,415.78 |
| Assets | ₹7,410.76 | ₹5,144.62 | ₹4,578.82 |
| Profit | ₹718.50 | ₹388.60 | ₹155.39 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 153.18Cr | ROE | 27.85% |
| P/E (X) | 15.7 | ROCE | 20.05% |
| POST P/E (X) | 14.59 | EPS | 4.27 |
| Debt to Equity | RONW | 24.45% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company
- Purchase of vehicle for commercial purposes
- To meet working capital requirements
- General Corporate Purpose
Brokerage Firm IPO Review
- To be updated soon
| Premier Roadlines Limited Contact Details | |
| Address | Premier Roadlines Limited B-870, Near Church, New Ashok Nagar, New Delhi – 110096 |
| Phone: | +91-11- 4401 5000 |
| cs@prlindia.com | |
| Website | http://www.prlindia.com/ |
| Premier Roadlines Limited IPO Registrar | |
| . | Maashitla Securities Private Limited |
| Phone | +91-11-45121795-96 |
| ipo@maashitla.com | |
| Website | https://maashitla.com/ |
| Premier Roadlines Limited IPO Allotment Status Check |
| Premier Roadlines Limited IPO Allotment Status Check Click Here |
| Premier Roadlines Limited Lead Managers | |
| Hem Securities Limited 904, A wing, 9th Floor, Naman Midtown, Senapati bapat marg, Elphinstone road, Lower Parel, Mumbai 400 013 | |
| Phone | +91 22 49060000 |
| ipoinfo@hemonline.com | |
| Website | https://www.hemsecurities.com |
Premier Roadlines Limited IPO FAQs
What is Premier Roadlines Limited IPO?
- Premier Roadlines Limited IPO is an NSE SME IPO. They are going to raise ₹40.36 Crores via IPO. The issue is priced at ₹63 to ₹67 per equity share. The IPO is to be listed on NSE.
- The IPO opens on May 10, 2024, and closes on May 14, 2024.
When Premier Roadlines Limited IPO will open?
- The IPO is to open on May 10, 2024, for QIB, NII, and Retail Investors. and closes on May 14, 2024
What is Premier Roadlines Limited IPO Investors Portion?
- The investors’ portion for QIB is 50% NII is 15%, and Retail is 35%.
What is Premier Roadlines Limited IPO Size?
- Premier Roadlines Limited IPO size is ₹40.36 crores.
What is Premier Roadlines Limited IPO Price Band?
- Premier Roadlines Limited IPO Price Band is ₹63 to ₹67 per equity share.
What is Premier Roadlines Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (2000 Shares) with ₹134,000. and Maximum Lot Size 1 Lots (2000 Shares) with ₹134,000
What is Premier Roadlines Limited IPO Allotment Date?
- Premier Roadlines Limited IPO allotment date is May 15, 2024.
What is Premier Roadlines Limited IPO Listing Date?
- Premier Roadlines Limited IPO listing date is May 17, 2024. The IPO to list on NSE.