Premier Roadlines IPO

Listed Listed stocks

Premier Roadlines IPO Details

  • Bidding Date

    10-May-2024 to
    14-May-2024

  • Issue Size

    ₹40.36 Cr

  • Price Band

    ₹63 to ₹67

  • Allotment date

    --

  • Listing date

    17-May-2024

  • Lot size

    2000

  • No. of shares

    60,24,000

  • Fresh issue/OFS

    ₹40.36 Cr /--

About Premier Roadlines Company

The company was established in 2008 with a focus on providing logistics solutions to businesses in India. Initially founded as a transporter of goods in containerized trucks, it has since evolved into a comprehensive logistics service provider. The core business of the company revolves around providing surface transportation solutions for goods ranging from 1 MT to 250 MT. It operates as a goods transport agency, offering a range of services including general transport, project logistics, and over-dimensional/overweight cargo movements on a pan-India basis. The company primarily serves business-to-business (B2B) customers under its Contract Logistics division, catering to their bulk transportation needs within India and neighboring countries like Nepal and Bhutan. The company's operations are segmented into various industrial sectors, reflecting its diverse clientele and service offerings. It caters to industries such as infrastructure, energy, power, oil & gas, engineering, construction, metallurgical, and renewable energy, among others. Its clientele includes reputed organizations such as KEC International Limited, ThyssenKrupp Industrial Solutions (India) Private Limited, Tata Project Limited, G R Infraprojects Ltd, Tata Power Solar Systems Limited, Sterlite Power Transmission Limited, and others.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    76.7x

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FAQs for Premier Roadlines IPO.

The issue size of Premier Roadlines is ₹40.36 Cr.

Premier Roadlines falls into Logistics industry.

The Premier Roadlines IPO will be listed on BSE.

The open and close dates for the Premier Roadlines are 10-May-2024 & 14-May-2024.

The price band for the Premier Roadlines ipo is ₹63 to ₹67

The listing date of Premier Roadlines IPO is 17-May-2024.

The purpose of this IPO is to raise fresh capital.

Premier Roadlines total subscription ratio is 76.7X.

Key financial of the Premier Roadlines are:


Premier Roadlines FY-24 FY-23 FY-22 FY-21
Revenue (₹ Cr) 228.54 191.9 138.62 93.83
EBIT (₹ Cr) 20.32 12.26 7.19 3.82
Proft after Tax (₹ Cr) 12.62 7.2 3.89 1.55
Debt (₹ Cr) 36.93 36.7 23.55 23.79
Net Worth (₹ Cr) 39.74 27.11 19.85 15.96
RoE (%) 31.77 26.55 19.58 9.71