Premier Roadlines Limited IPO (Premier Roadlines IPO)

Premier Roadlines Limited IPO
Upcoming Premier Roadlines IPO | New Premier Roadlines IPO

Premier Roadlines Limited 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’s 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.

Premier Roadlines IPO

Premier Roadlines IPO – Details

IPO Opening Date10 May 2024
IPO Closing Date14 May 2024
Issue TypeBook Built Issue IPO
Issue Size60,24,000 Shares Worth ₹40.36 Crore
Fresh Issue: 60,24,000 Shares Worth ₹40.36 Crore
Face Value₹10 per equity share
IPO Price₹63 – ₹67
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtNSE SME
RegisterMaashitla Securities Private Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Premier Roadlines IPO – Date Schedule

IPO Open Date10 May 2024
IPO Close Date14 May 2024
Basis of Allotment15 May 2024
Initiation of Refund16 May 2024
Credit of Shares to Demat Account16 May 2024
IPO Listing Date17 May 2024
Cut-off time for UPI mandate confirmation5 PM on May 14, 2024

Premier Roadlines IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)12000₹1,34,000
Retail (Maximum)12000₹1,34,000
HNI (Minimum)24000₹2,68,000

Competitive Strengths

  • Continue to develop cordial relationship with their Customers and Logistic Partners.
  • Enhancing Brand image and meeting quality standards.
  • Increase company’s goods transportation network across India.
  • Continue to serve more industries.

Company Promoters

  • Virender Gupta
  • Rakhi Gupta
  • Samin Gupta

Object Of The Issue

  • 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; and
  • General Corporate Purpose.
Premier Roadlines IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202194.1591.981.5523.79
31 March 2022138.68133.463.8823.54
31 March 2023192.05182.407.1836.77
30 September 202396.3990.314.4035.09
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)5.02
EPS (Rs)4.274.59
P/E (x)15.714.59

Premier Roadlines IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.65%

Premier Roadlines IPO Prospectus

Company Contact Information

Premier Roadlines Limited

B-870, Near Church,
New Ashok Nagar,
New Delhi – 110096

Phone: +91-11- 4401 5000

Premier Roadlines IPO Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Premier Roadlines IPO Lead Manager(s)

1. Hem Securities Limited

Premier Roadlines IPO FAQs

Premier Roadlines IPO FAQs
What is Premier Roadlines IPO?

Premier Roadlines IPO is a SME IPO. The issue is priced at ₹63 – ₹67 per equity share. The IPO is to be listed on NSE SME.
When Premier Roadlines IPO will open?

The IPO is to open on 10 May 2024 for QIB – 50%, NII – 15% and Retails – 35% Investors.
How to Premier Roadlines IPO?

You can apply for Premier Roadlines IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Premier Roadlines IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Premier Roadlines”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the Premier Roadlines IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Premier Roadlines”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Premier Roadlines IPO Size?

Premier Roadlines IPO size is ₹40.36 crores.
What is Premier Roadlines IPO Price Band?

Premier Roadlines IPO Price Band is ₹63 – ₹67.
What is Premier Roadlines IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,34,000 amount while the maximum bid is 2000 shares with ₹1,34,000.
What is the Premier Roadlines IPO Allotment Date?

Premier Roadlines IPO allotment date is  15 May 2024.
What is the Premier Roadlines IPO Listing Date?

Premier Roadlines IPO listing date is 17 May 2024. The IPO is to list on NSE SME.
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