Premier Roadlines IPO Details Today, GMP Price, Date, Review

Premier Roadlines IPO GMP Today, Silkflex Polymers Grey Market Premium

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 Click Here
Anchor Investor Click Here

 

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 IPO 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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