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Premier Roadlines IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Logistics sector. Hem Securities is the merchant banker of Premier Roadlines IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th February 2024.
Premier Roadlines IPO open date is 10th May 2024 and close date is 14th May 2024. IPO Allotment Date is 15th May 2024 and Listing date is 17th May 2024.Premier Roadlines IPO size is Rs 40.36 Cr. crores with IPO price of Rs 67.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Premier Roadlines IPO. Maashitla Securities Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Premier Roadlines IPO.
Premier Roadlines IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| SB OPPORTUNITIES FUND | 522,000.00 | ₹67.00 | ₹34,974,000.00 |
| Rajasthan Global Securities | 226,000.00 | ₹67.00 | ₹15,142,000.00 |
| Meru Investment Fund | 300,000.00 | ₹67.00 | ₹20,100,000.00 |
| Persistent Growth Fund- | 216,000.00 | ₹67.00 | ₹14,472,000.00 |
| Moneywise Financial Services | 150,000.00 | ₹67.00 | ₹10,050,000.00 |
| Saint Capital Fund | 150,000.00 | ₹67.00 | ₹10,050,000.00 |
| FINAVENUE CAPITAL TRUST | 150,000.00 | ₹67.00 | ₹10,050,000.00 |
Premier Roadlines IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Premier Roadlines IPO, based in New Delhi, operates in the Logistics sector with a focus on logistics solution. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Premier Roadlines IPO size is ₹ 40.36 Cr. Crores with fresh issue size of Rs 40.36 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Premier Roadlines IPO is expected to be 15th May 2024, after the finalization of basis of allotment. Investors can check Premier Roadlines IPO allotment status on the registrars website, Maashitla Securities Private Limited. Premier Roadlines IPO refund dates are 16th May 2024.
Premier Roadlines IPO is expected to be listed on 17th May 2024.
The upper price band for the Premier Roadlines IPO is set at ₹ 67.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Premier Roadlines IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Premier Roadlines IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th May 2024. After submission, funds are blocked until the basis of allotment of Premier Roadlines IPO is finalised.
The merchant banker for Premier Roadlines IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Premier Roadlines IPO RHP for further details.
The registrar for Premier Roadlines IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Premier Roadlines IPO through their official website or helpline.
Premier Roadlines IPO was subscribed 153.18 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 40.36 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.40 Cr.
Sector: Logistics
SME IPO so far:
49
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 208.99 cr.
PE
Ratio:
14.59x
Average Sector PE Ratio: 15.61x
Premier Roadlines IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Premier Roadlines Financial Review Page
Merchant Banker(s) of Premier Roadlines IPO: Hem Securities Limited
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 91.30.
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