Premier Roadlines Ltd
Price Range
₹63 - ₹67
Min. Quantity
2,000
Closes on
14 May 2024
Min. investment
₹1,34,000/2,000 Shares
Premier Roadlines Ltd IPO Timeline
Premier Roadlines Ltd was originally incorporated as Private Limited Company in the name of 'Premier Roadlines Private Limited' vide Certificate of Incorporation dated March 19, 2008 issued by the Registrar of Companies, Delhi and Haryana. The Company converted into a Public Limited Company and the name of Company was changed to 'Premier Roadlines Limited' vide a fresh Certificate of incorporation dated June 28, 2012 issued by the Registrar of Companies, Delhi and Haryana.
| Event | Date |
|---|---|
| Premier Roadlines Ltd IPO Opening Date | 10 May 2024 |
| Premier Roadlines Ltd IPO Closing Date | 14 May 2024 |
| Basis of Allotment | 15 May 2024 |
| Initiation of Refunds | 16 May 2024 |
| Credit of Shares to Demat | 16 May 2024 |
| Premier Roadlines Ltd IPO Listing Date | 17 May 2024 |
Premier Roadlines Ltd IPO Details
| Premier Roadlines Ltd IPO Date | 10 May 2024 to 14 May 2024 |
| Premier Roadlines Ltd IPO Face Value | ₹10 per share |
| Premier Roadlines Ltd IPO Price | ₹63 to ₹67 per share |
| Premier Roadlines Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹40.36 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹40.36 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Virender Gupta, Rakhi Gupta, Samin Gupta |
Premier Roadlines Ltd IPO Lot Size
The Premier Roadlines Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,34,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,34,000 |
| Maximum | 1 | 2,000 | ₹1,34,000 |
- Strengths
- Risks
- Opportunities
- Continue to develop cordial relationship with its Customers and Logistic Partners.
- Enhancing Brand image and meeting quality standards.
- Increase its goods transportation network across India.
- Continue to serve more industries.
Company Financials
Premier Roadlines Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 91.34 | 228.58 | 12.62 |
| 03-2023 | 74.07 | 192.06 | 7.20 |
| 03-2022 | 51.45 | 138.69 | 3.89 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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 purposes
Premier Roadlines Ltd IPO Promoter Holding
| Pre Issue Share Holding | 45.23% |
| Post Issue Share Holding | 33.31% |
Premier Roadlines Ltd IPO Subscription Status (Bidding Detail)
The Premier Roadlines Ltd IPO is subscribed 78.2347 times on 14 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 78.2347 |
Premier Roadlines Ltd IPO Prospectus
Premier Roadlines Ltd IPO Listing Date
| Listing Date | 17 May 2024 |
| BSE Script | 92837 |
| NSE Symbol | PRLIND |
| Listing In | NSE - SME |
| ISIN | INE0CFG01012 |
| IPO Price | ₹67 |
| Face Value | ₹10 |
Company Contact Information
B-870 New Ashok NagarNew Delhi,New Delhi-110091
Phone: +91 11 4401 5000
Email: cs@prlindia.com
Website: www.prlindia.com
Premier Roadlines Ltd IPO Registrar
Premier Roadlines Ltd IPO Lead Manager(s)
- Hem Securities Ltd
FAQ
What is the issue size of Premier Roadlines Ltd IPO?
I have pre-applied for Premier Roadlines Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.