214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Premier Roadlines IPO (Premier Roadlines Limited IPO) Detail

Premier Roadlines Limited is an Logistics based company, located in New Delhi, Premier Roadlines Limited IPO size was 40.36 Cr. and was issued at 67.00 per share. The share of Premier Roadlines Limited were listed at 91.35 per share and are currently trading at 83.25 per share.

Type :
Sub Sector : Logistics Solution
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
209.04 Cr.

PAT :
10.49 Cr.

Pricing Report

Issue Price :
67.00

Listing Price :
91.35

Current Market Price :
83.25

Issue Price vs CMP :
16.25 (24.25%)

listing Price vs CMP :
8.1 (8.87%)

Performance Report (CAGR* wise)

CAGR : 16.78
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Premier Roadlines

Company Information
Premier Roadlines provides logistics solutions, particularly focusing on surface transportation of goods ranging from 1 MT to 250 MT. As a goods transport agency, the company offers general transport services, project logistics, and the movement of over-dimensional/overweight cargo across India. The services are point-to-point, where goods are loaded from the customer's premises and delivered to the specified destination. The company primarily serves B2B customers under its Contract Logistics division, catering to businesses with bulk transportation needs within India and neighboring countries like Nepal and Bhutan. In the fiscal year 2022-23, the company successfully delivered over 26,000 orders across India.
Object of 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 Purposes

Premier Roadlines SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
May, 2024
IPO Size :
40.36 Cr.
Market Cap :
153.18 Cr.   
IPO Subscription :
153.18 X     
PE Multiple :
14.59
Merchant Banker :
Hem Securities Limited
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Premier Roadlines operates in Logistics and Logistics Solution. The Issue is listed on NSE EMERGE in May, 2024. Premier Roadlines IPO size was 40.36 Cr. with Issue price of 67.00 .

Premier Roadlines IPO subscription was 153.18 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Premier Roadlines IPO listed at a listing price of 91.35 against the offer price of 67.00.

The current market price of Premier Roadlines is 83.25.

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