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Premier Roadlines Ltd IPO

NSE SME Bookbuilding IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹67
Issue Price
₹67
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹67
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹134,000
1 lot · 2,000 shares
Opens
10 May
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 May 2024
Fri Completed
Done
Close Date
14 May 2024
Tue Completed
Done
Allotment
15 May 2024
Wed Completed
Done
Refund
16 May 2024
Thu Completed
Done
Demat Credit
16 May 2024
Thu Completed
Done
Listing Date
17 May 2024
Fri Completed
UPI Deadline: 14 May 2025
Issue Details
Pricing & Size
Issue Price
₹67 Face ₹10
Lot Size
2,000 shares
Min Investment
₹134,000
Total Issue Size
60,24,000 shares (aggregating up to ₹40.36 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,04,000 (5.05%)
QIB Portion
28,58,000 (47.44%)
NII / HNI
8,58,000 (14.24%)
Retail
20,04,000 (33.27%)
Employee
-
Net Offer to Public
57,20,000 shares (aggregating up to ₹38.32 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,68,38,547 shares
Post-Issue Shareholding
2,28,62,547 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,34,000
HNI / NII 2 4,000 ₹2,68,000
Objects of Issue
4 objectives
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.
Lead Managers & Market Maker
Book Running Lead Managers
Hem Securities Ltd
Market Maker
Hem Finlease Pvt.Ltd.
IPO Timeline
Open
10 May
✓ Done
Close
14 May
✓ Done
Allotment
15 May
✓ Done
Listing
17 May
✓ Done
Registrar Details
Maashitla Securities Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-11-45121795-96
Email
investor.ipo@maashitla.com
Company Contact
Email
cs@prlindia.com
Phone
+91-11- 4401 5000
Address
B-870, Near Church, New Ashok Nagar, New Delhi, New Delhi, 11009
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹67
Est. Listing
₹67
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — 28,58,000 (47.44%) — —
NII / HNI (Total) — 8,58,000 (14.24%) — —
Retail Investors — 20,04,000 (33.27%) — —
Market Maker * 1× 3,04,000 (5.05%) 3,04,000 (5.05%) ₹20.37 Cr
Total ** — 60,24,000 (100.00%) — —
* Based on ₹67.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
28,58,000 (47.44%)
NII
8,58,000 (14.24%)
Retail
20,04,000 (33.27%)
Market Maker
3,04,000 (5.05%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in ₹ Lakhs
Metric31 Jan 202431 Mar 202331 Mar 2022
Revenue17420.7119205.6013868.81
PAT874.67718.50388.60
EBITDA———
Net Worth3577.832703.171984.67
Total Assets8699.127410.765144.62
Reserves1893.982550.091831.59
Borrowings3707.933677.262354.82
Key Financial Ratios
27.85
ROE
Return on Equity
20.05
ROCE
Return on Capital Employed
24.45
RONW
Return on Net Worth
5.02
PAT Margin
PAT / Revenue
1.04
D/E Ratio
Debt to Equity
3.15
P/BV
Price to Book Value
4.27
Pre EPS
EPS Pre-Issue
4.59
Post EPS
EPS Post-Issue
15.7
Pre P/E
P/E Pre-Issue
14.59
Post P/E
P/E Post-Issue
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.

Frequently Asked Questions
What is the issue price of Premier Roadlines Ltd IPO?
The issue price of Premier Roadlines Ltd IPO is ₹67 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹134,000.
What are the IPO dates?
Opens 10 May 2024, closes 14 May 2024.
When is the listing date?
Tentative listing: 17 May 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹67 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Premier Roadlines Ltd IPO · Expected 15 May 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
15 May 2024
Refund Initiation
16 May 2024
Demat Credit
16 May 2024
Listing Date
17 May 2024
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹67
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹134,000
1 lot
Est. Listing
₹67
GMP +₹0
Key Dates
Open
10 May Done
Close
14 May Done
Listing
17 May Done
Registrar
Maashitla Securities Pvt.Ltd
A
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