Premier Roadlines IPO, Review, IPO Performance by IPOPlatform India

About Premier Roadlines

Company Information

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 and
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

IPO Registrar:
Maashitla Securities Private Limited

FAQs

1. What is Premier Roadlines IPO?

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 .

2. Who is the merchant banker of Premier Roadlines IPO?

Merchant Banker(s) of Premier Roadlines IPO: Hem Securities Limited

3. How many times Premier Roadlines IPO was subscribed?

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.

4. What is the listing price of Premier Roadlines IPO?

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

5. What is the current market price of Premier Roadlines IPO?

The current market price of Premier Roadlines is 129.70.

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Premier Roadlines Limited IPO (Premier Roadlines IPO) Details

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

Pricing Report

Performance Report (CAGR* wise)

About Premier Roadlines

Company Information

Object of Issue

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

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