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Premier Roadlines Ltd

Premier Roadlines Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹67
₹67
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹67
Based on GMP
Min. Investment
₹134,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 May 2024
Close Date
14 May 2024
Allotment
15 May 2024
Listing Date
17 May 2024
Exchange
NSE SME
Price Band
₹67
Listing Price
See chart
Allotment Status
Price Band
₹67
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
60,24,000 shares (aggregating up to ₹40.36 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹134,000
1 lot
Pre-IPO Holding
1,68,38,547 shares
Promoters
Post-IPO Holding
2,28,62,547 shares
Promoters
P/E (Pre)
15.7x
 
P/E (Post)
14.59x
 
EPS (Pre)
₹4.27
 
EPS (Post)
₹4.59
 
UPI Deadline
2025-05-14
Mandate
Anchor AllotmentThu, 09 May 2024
Basis of AllotmentWed, 15 May 2024
Refund InitiationThu, 16 May 2024
Demat CreditThu, 16 May 2024
Listing DayFri, 17 May 2024
UPI Mandate Deadline2025-05-14
Sale TypeFresh Capital
Net Offer to Public57,20,000 shares (aggregating up to ₹38.32 Cr)
Market Maker Quota3,04,000 shares (aggregating up to ₹2.04 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Premier Roadlines Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 May 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
304,000
₹2.04
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,024,000
100% ₹40.36
IPO Shares Offered
Premier Roadlines Ltd IPO total issue size: ₹40.36 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 304,000 ₹2.04
5.05%
Total 6,024,000 ₹40.36
100.00%
* Based on upper price band ₹67 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹67.00
Upper Band
Min Investment
₹134,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹268,000
Retail (Max — 13 Lots)1326,000₹1,742,000
S-HNI (Min — 14 Lots)1428,000₹1,876,000
B-HNI (Min — 68 Lots)68136,000₹9,112,000
* Issue Price ₹67 × Lot Size 2,000 shares
IPO Schedule
Anchor
09 May 2024
✓ Done
IPO Open
10 May 2024
✓ Done
IPO Close
14 May 2024
✓ Done
Allotment
15 May 2024
✓ Done
Refunds
16 May 2024
✓ Done
Demat Credit
16 May 2024
✓ Done
Listing Day
17 May 2024
✓ Done
Premier Roadlines Ltd — Live Price LIVE
₹67.00
INR · NSE
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Issue ₹67.00 Live Price
About Premier Roadlines Ltd
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.The company offers general transportation services, project logistics, and oversized/overweight cargo transportation across India. In the contract logistics segment, the company caters to B2B customers who need to transport large quantities of their goods from one place to another within India and to other neighboring countries like Nepal, Bhutan, etc.The company's customers come from sectors such as infrastructure, energy, electricity, oil and gas, mechanical engineering, construction, metallurgy, renewable energies, etc. These 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.For the provision of transportation services, the company works with third-party providers, i.e. small fleet owners and agents who provide the company with the necessary transportation equipment, such as container trucks, trailers, hydraulic axles, etc.The company is headquartered in Delhi and has 28 branches in Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, Pune, etc. As at December 31, 2023, the company had 204 permanent full-time employees, including senior executives.
Objects of the Issue
1
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company;
2
Purchase of vehicle for commercial purposes;
3
To meet working capital requirements; and
4
General Corporate Purpose.
Premier Roadlines Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹13,868.8
31 Mar 2022
₹19,205.6
31 Mar 2023
₹17,420.7
31 Jan 2024
Profit After Tax (PAT)
₹388.6
31 Mar 2022
₹718.5
31 Mar 2023
₹874.7
31 Jan 2024
Particulars31 Jan 202431 Mar 202331 Mar 2022
Revenue from Operations 17420.71 19205.60 13868.81
EBITDA N/A N/A N/A
Profit After Tax (PAT) 874.67 718.50 388.60
Net Worth 3577.83 2703.17 1984.67
Total Assets 8699.12 7410.76 5144.62
Reserves & Surplus 1893.98 2550.09 1831.59
Borrowings 3707.93 3677.26 2354.82
EBITDA Margin (%) N/A
PAT Margin (%) 5.02%
P/BV Ratio
3.15
RoE
27.85%
RoCE
20.05%
RoNW
24.45%
PAT Margin
5.02%
Debt/Equity
1.04
Issue Structure & Shareholding
Total Shares Offered60,24,000 (100.00%)
Net Offer to Public57,20,000 shares (aggregating up to ₹38.32 Cr)
Reserved for Market Maker3,04,000 shares (aggregating up to ₹2.04 Cr)
Pre-Issue Promoter Holding1,68,38,547 shares
Post-Issue Promoter Holding2,28,62,547 shares
P/BV Ratio3.15
RoE27.85%
RoCE20.05%
Debt / Equity1.04
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Hem Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Premier Roadlines Ltd IPO subscribed?

Premier Roadlines Ltd IPO is subscribed 1.00 times by May 14, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Premier Roadlines Ltd IPO retail subscription status?

The Premier Roadlines Ltd IPO retail category is subscribed 1.00 times as of 14 May 2024. The retail portion is oversubscribed.

How to subscribe Premier Roadlines Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 May 2024 and closes 14 May 2024. Min investment: ₹134,000 (1 lot = 2,000 shares). UPI mandate: 2025-05-14.

How many times Premier Roadlines Ltd IPO subscribed?

The Premier Roadlines Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Premier Roadlines Ltd IPO allotment?

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 15 May 2024. Refunds: on 16 May 2024.

When Premier Roadlines Ltd IPO will be listed?

The Premier Roadlines Ltd IPO listing date is 17 May 2024, Friday. Listed on: NSE SME. Issue price: ₹67. Estimated listing: ₹67. GMP: NIL.

When Premier Roadlines Ltd IPO close?

The Premier Roadlines Ltd IPO closes on 14 May 2024, Tuesday. UPI mandate: 2025-05-14. Allotment: 15 May 2024. Listing: 17 May 2024.