Premier Roadlines IPO Details Today: Premier Roadlines IPO is Open on 10 May 2024 and Close on 14 May 2024. Premier Roadlines IPO to Raise 6,024,000 shares (Approx ₹40.36 Cr) via IPO. The Fresh Issue of 6,024,000 shares (Approx ₹40.36 Cr).
Incorporated in 2008 We are engaged in providing logistics solutions to businesses, particularly surface transportation of goods ranging from 1 MT to 250 MT.
We are goods transport agency providing general transport services, project logistics, and over dimensional/overweight cargo movements on a Pan India basis to our customers wherein we provide point to point services in which the goods are loaded from the premises of the customer and are delivered to the delivery point as specified by them. We mainly serve B2B customers under the Contract Logistics division, who have requirement to transport bulk quantities of their goods from one place to another within India and other neighboring countries like Nepal, Bhutan etc.
We have delivered over 26,000 orders across India.company engaged in providing transportation of goods in containerized trucks to various industrial sectors such as Infrastructure, Energy, Power, Oil & Gas, Engineering, Construction, Metallurgical, Renewable energy etc.
Premier Roadlines IPO Date & Price Band Details
IPO Open Date
May 10, 2024
IPO Close Date
May 14, 2024
IPO Size
6,024,000 shares (Approx ₹40.36 Cr)
Fresh Issue
6,024,000 shares (Approx ₹40.36 Cr)
Lot Size
2000 Shares
IPO Face Value
₹10 Per Equity Share"
IPO Price Band
₹63 to ₹67 Per Every Share
IPO Listing On
NSE SME
IPO Retail Quota
35%
IPO QIB Quota
50%
IPO NII Quota
15%
DRHP Draft
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Anchor Investor
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Premier Roadlines IPO Market Lot Details
Application
Lot Size
Shares
Amount
Retail Minimum
1
2000
₹134,000
Retail Maximum
1
2000
₹134,000
S-HNI Minimum
2
4000
₹268,000
Object of the issue
1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company.
2. Purchase of vehicle for commercial purpose.
3. To meet working capital requirements.
4. General Corporate Purpose.
Premier Roadlines IPO Allotment & Listing Date (Details)
IPO Open Date
10 May 2024
IPO Close Date
14 May 2024
Basis of Allotment
15 May 2024
Refunds
16 May 2024
Credit to Demat Account
16 May 2024
IPO Listing Date
17 May 2024
Premier Roadlines Financial Reports
₹ in Crores
Year
Revenue
Expense
PAT
Sept 2023
₹96.40
₹90.31
₹4.41
2023
₹192.06
₹182.40
₹7.19
2022
₹138.69
₹133.46
₹3.89
2021
₹94.16
₹91.99
₹1.55
Our Company Promoters-
- Virender Gupta
- Rakhi Gupta
- Samin Gupta
Premier Roadlines Comparison Listed Industry Peers Group
Company Name
Face Value
EPS
P/E Ratio
Ro NW (%)
Book Value (₹)
Revenue (₹ in Lakhs)
Premier Roadlines Limited
10.00
4.27
[.]
26.58%
16.05
19205.60
Peer Group
VRL Logistics Limited
10.00
18.80
36.61
33.12%
110.46%
2,66,286,66
AVG Logistics Limited
10.00
7.09
59.20
8.76%
76.23%
42,989.51
Ritco Logistics Limited
10.00
9.94
26.84
16.37%
60.70%
75404.7
Qualitative Factors
a) Continue to develop cordial relationship with our Customers and Logistic Partners.
b) Enhancing Brand image and meeting quality standards.
c) Increase our goods transportation network across India.
d) Continue to serve more industries.
Comparison of Accounting Ratios with Industry Peers
- Premier Roadlines Limited
- VRL Logistics Limited
- AVG Logistics Limited
- Ritco Logistics Limited
Premier Roadlines Company Contact Details
B-870, Near Church, New Ashok Nagar,
New Delhi – 110096, Delhi, India.
Tel. No.: +91-11- 44015000
Email: cs@prlindia.com
Website: www.prlindia.com
Premier Roadlines Registar
Maashitla Securities Private Limited
Address: 451, Krishna Apra Business Square, Netaji
Subhash Place, Pitampura, New Delhi, 110034, India
Tel No: +91-11-45121795
Email: ipo@maashitla.com
Investor Grievance Email: investor.ipo@maashitla.com
Website: www.maashitla.com
Contact Person: Mukul Agrawal
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