Premier Roadlines IPO Subscription Status: EPremier Roadlines IPO is Open on May 10, 2024 and Close on May 14, 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).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%.
Premier Roadlines IPO is an SME IPO and Listed on NSE SME. Premier Roadlines IPO Price Band is Fixed at ₹63 To ₹67 Equity share. Premier Roadlines IPO Lot Size is 2000 Shares.
About Premier Roadlines IPO :
- Premier Roadlines Wide Spectrum Of Metal Forming Machines Like – Press Brake Machines, Shearing Machines, Plate Rolling Machines, Iron Workers Machines, Hydraulic Presses And Busbar Bending, Cutting & Punching Machine.
- We Provide Manufacturers With Vital Precision Machines Which Are Required For Metal Cutting And Forming Operations.
- Our Machines Are Utilized Across A Wide Gamut Of Industries Such As Automotive, Steel, Pre-Engineered Building, Furniture, HVAC, Agricultural Equipments, Road Construction Equipments, Elevators, Food Processing Machinery, Metalworking Workshops And Many Others.
Premier Roadlines IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 11,44,000 | 10,29,08,000 | 89.95 |
| Non Institutional Buyers (NIIs) | 8,16,000 | 15,46,52,000 | 180.25 |
| Retail Individual Buyers (RIIs) | 20,04,000 | 21,34,22,000 | 106.50 |
| Anchor Investor | 17,14,000 | 17,14,000 | 1 |
| Market Maker | 3,04,000 | 3,04,000 | 1 |
| Total | 40,06,000 | 47,09,82,000 | 117.57 |
Premier Roadlines Subscription Status day-by-day-
| Categories | 10 May | 13 May | 14 May |
|---|---|---|---|
| QIB | 2.18 | 2.18 | 89.95 |
| NII | 6.34 | 4.77 | 180.25 |
| RII | 1.25 | 10.91 | 106.50 |
| Total | 1.32 | 7.05 | 117.57 |
Premier Roadlines Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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