Sunday, May 19, 2024

Premier Roadlines IPO Date, Review, Price, Allotment Details

Premier Roadlines Limited is engaged in offering logistics answers to companies, specifically floor transportation of products starting from 1 MT to 250 MT. They are a items delivery company offering common delivery services and products, challenge logistics, and over-dimensional/obese shipment actions on a Pan India foundation to their shoppers in which they supply point-to-point services and products during which the products are loaded from the premises of the client and are dropped at the supply level as laid out in them. They basically serve B2B shoppers below the Contract Logistics department, who’ve a demand to move bulk amounts in their items from one position to some other inside India and different neighboring nations like Nepal, Bhutan, and so on. In FY 2022-23, they’ve delivered over 26,000 orders throughout India. 

To supply with transportation services and products, they interact third-party operators i.e. small fleet house owners and brokers who supply us with vital transportation amenities corresponding to containerized vans, Trailers, Hydraulic axles, and so on. Their centralized information generation community is able to connecting their department places of work with their company workplace, which allows real-time tracking in their operations, consignment bookings, and supply standing. They raise their logistics trade thru their in style transportation community throughout India which they’re running thru their Registered and Corporate Office situated in Delhi, at the side of 28 Branch Offices situated in more than a few towns of India like Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, Pune and so on. A couple of in their esteemed shoppers come with 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, and so on. 

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Objects of the Issue:

  • Repayment and/or pre-payment, in complete or phase, of positive borrowings availed by means of the corporate
  • Purchase of auto for industrial functions
  • To meet operating capital necessities
  • General Corporate Purpose

Premier Roadlines IPO Review

Premier Roadlines IPO Date & Price Band Details

IPO Open: May 10, 2024
IPO Close: May 14, 2024
IPO Size: Approx ₹40.36 Crores, 6,024,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹63 to ₹67 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the online be offering
QIB Quota: 50% of the online be offering
NII Quota: 15% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Premier Roadlines IPO Market Lot

The Premier Roadlines IPO minimal marketplace lot is 2000 stocks with a ₹134,000 utility quantity.

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹134,000
Retail Maximum 1 2000 ₹134,000
S-HNI Minimum 2 4000 ₹268,000

Premier Roadlines IPO Dates

The Premier Roadlines IPO date is May 10 and the IPO shut date is May 14. The IPO allotment date is May 15 and the IPO would possibly checklist on May 17.

IPO Open Date: May 10, 2024
IPO Close Date: May 14, 2024
Basis of Allotment: May 15, 2024
Refunds: May 16, 2024
Credit to Demat Account: May 16, 2024
IPO Listing Date: May 17, 2024

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

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Premier Roadlines IPO Form

How to use Premier Roadlines IPO? You can observe Premier Roadlines IPO by the use of ASBA to be had on your checking account. Just move to the net financial institution login and observe by the use of your checking account by means of deciding on the Premier Roadlines IPO within the Invest phase. The different possibility you’ll observe Premier Roadlines IPO by the use of IPO paperwork obtain by the use of the NSE web page. Check out the Premier Roadlines paperwork – click on NSE IPO Forms obtain, fill and publish on your financial institution or along with your dealer.

Premier Roadlines Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹94.16 ₹91.99 ₹1.55
2022 ₹138.69 ₹133.46 ₹3.89
2023 ₹192.06 ₹182.40 ₹7.19
September 2023 ₹96.40 ₹90.31 ₹4.41

Premier Roadlines IPO Valuation – FY2023

Check Premier Roadlines IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

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Earning Per Share (EPS): ₹4.27 in step with Equity Share
Price/Earning P/E Ratio: [.]
Return on Net Worth (RoNW): 26.58%
Net Asset Value (NAV): ₹16.05 in step with Equity Share

Peer Group

  • VRL Logistics Limited
  • AVG Logistics Limited
  • Ritco Logistics Limited
  • Virender Gupta
  • Rakhi Gupta
  • Samin Gupta

Premier Roadlines IPO Registrar

Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/

Premier Roadlines IPO Allotment Status

Check Premier Roadlines IPO allotment standing on Maashitla Securities web page URL. Click Here

Premier Roadlines IPO Lead Managers aka Merchant Bankers

Company Address

Premier Roadlines Limited
B-870, Near Church,
New Ashok Nagar,
New Delhi – 110096
Phone: +91-11- 4401 5000
Email: [email protected]
Website: http://www.prlindia.com/

Premier Roadlines IPO FAQs

What is Premier Roadlines IPO?

Premier Roadlines IPO is an NSE SME IPO. They are going to carry ₹40.36 Crores by the use of IPO. The factor is priced at ₹63 to ₹67 in step with fairness proportion. The IPO is to be indexed on NSE.

When Premier Roadlines IPO will open?

The IPO is to open on May 10, 2024 for QIB, NII, and Retail Investors.

What is Premier Roadlines IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Premier Roadlines IPO?

You can observe Premier Roadlines IPO by the use of ASBA on-line by the use of your checking account. You too can observe for ASBA on-line by the use of UPI thru your inventory agents. You too can observe by the use of your inventory agents by means of filling up the offline shape.

How to Apply the Premier Roadlines IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Premier Roadlines”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Premier Roadlines IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Premier Roadlines”. Click on Bid Button. Confirm your utility. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Premier Roadlines IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Premier Roadlines”. Click on Bid Button. Confirm your utility. Now move in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Premier Roadlines IPO Size?

Premier Roadlines IPO measurement is ₹40.36 crores.

What is Premier Roadlines IPO Price Band?

Premier Roadlines IPO Price Band is ₹63 to ₹67 in step with fairness proportion.

What is Premier Roadlines IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 stocks with ₹134,000.

What is Premier Roadlines IPO Allotment Date?

Premier Roadlines IPO allotment date is May 15, 2024.

What is Premier Roadlines IPO Listing Date?

Premier Roadlines IPO checklist date is May 17, 2024. The IPO to checklist on NSE SME.

Note: The Premier Roadlines IPO main points are introduced formally. The IPO gray marketplace top rate (Premier Roadlines IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.



– Source : IPOWATCH

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