Premier Roadlines
Premier Roadlines Info
Details about the Premier Roadlines IPO. Opening Date of Premier Roadlines is 10 May 24 and Closing Date is 14 May 24 . Face Value of Each share of Premier Roadlines is ₹10 per share. Price band of Premier Roadlines is ₹63 to ₹67. The Lot size of Premier Roadlines is 2,000 shares. Total issue size of Premier Roadlines IPO is ₹40.36 cr. Fresh Issue of Premier Roadlines IPO is 40.36 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Premier Roadlines is 16,838,547. Share Holding Post Issue of Premier Roadlines is 22,862,547.
Business Summary
The Premier Roadlines is engaged in providing logistics solutions to businesses, particularly surface transportation of goods ranging from 1 MT to 250 MT.
The company operates as a goods transport agency providing general transport services, project logistics, and over-dimensional/overweight cargo movements on a Pan India basis to its customers.
The company offers point-to-point services, wherein the goods are loaded from the premises of the customer and delivered to the specified delivery point.
The company primarily serves B2B customers under the Contract Logistics division, who have requirements to transport bulk quantities of their goods from one place to another within India and other neighboring countries like Nepal, Bhutan, etc. In F.Y. 2022-23, the company delivered over 26,000 orders across India.
Premier Roadlines IPO Details
| Open Date | 10 May 24 |
|---|---|
| Close Date | 14 May 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹63 - ₹67 |
| Lot Size | 2,000 Shares |
| Total issue Size | 6,024,000 Shares ₹40.36 cr |
| Fresh Issue | 6,024,000 Shares ₹40.36 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 16,838,547 |
| Share Holding Post Issue | 22,862,547 |
| Market Maker | Hem Finlease |
| Market Maker Portion | 304,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Premier Roadlines IPO Timeline
The Premier Roadlines Initial Public Offering (IPO) is set to open on 10 May 24 and will end its subscription phase on 14 May 24. You can check your allotment status for Premier Roadlines on 15 May 24. The refund process for your funds will start promptly on 15 May 24. Premier Roadlines IPO credit of shares will be on 16 May 24. The listing date for Premier Roadlines is on 17 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Premier Roadlines IPO Reservation
The Premier Roadlines IPO reserves shares for different investor categories. Approximately Not more than 50.00% of the Net offer will be available for QIB, Not Less than 15% of the Net Issue will be available for NII, Not Less than 35% of the Net Issue will be available for Retail,
304,000 Shares will be reserved for subscription by Hem Finlease
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50.00% of the Net offer |
| NII | Not Less than 15% of the Net Issue |
| Retail | Not Less than 35% of the Net Issue |
Premier Roadlines IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 134,000 |
| Retail (Max) | 1 | 2,000 | 134,000 |
| HNI (Min) | 2 | 4,000 | 268,000 |
Premier Roadlines IPO Promoters Holding
Promoters holding details for Premier Roadlines in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 73.65%.
Promoters of Premier Roadlines are Virender Gupta, Rakhi Gupta, Samin Gupta,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 73.65% |
Premier Roadlines Financial Information
Financial performance details for Premier Roadlines over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Jan 24 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 8,699.12 | 7,410.76 | 5,144.62 | 4,578.82 |
| Revenue | 17,420.71 | 19,205.6 | 13,868.81 | 9,415.78 |
| Profit After Tax | 874.67 | 718.5 | 388.6 | 155.39 |
Premier Roadlines IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Premier Roadlines are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 15.7 |
| ROCE | 20.05% |
| ROE | 27.85% |
| RoNW | 24.45% |
| EPS (Rs) | 4.27 |
Object of the Issue
- • 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 Purpose
Contact Details for Premier Roadlines
Phone
Office
B-870, Near Church, New Ashok Nagar, New Delhi – 110096
Registrar Details for Premier Roadlines
Maashitla Securities Private Limited
Phone
Office
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034, India
Lead Manager
- • Hem Securities Limited