Premier Roadlines Limited

Company Profile
Company Name Premier Roadlines Limited
Open Date 10-05-2024
Close Date 14-05-2024
Exchange NSE SME
Lot Size 2000 Shares
Issue Price ₹63 to ₹67 per share
Issue Size 60,24,000 shares
Application Amount ₹1,34,000
Recommendation Apply
Incorporated in 2008, Premier Roadlines Limited is headquartered in Delhi and offers logistics solutions for companies, especially for land transportation of goods between 1 MT and 250 MT. The company offers general transportation services, project logistics, and oversized/overweight cargo transportation across India. The company serves mainly to B2B customers and their customers come from sectors such as infrastructure, energy, electricity, oil and gas, mechanical engineering, construction, metallurgy, renewable energies, etc. For the provision of transportation services, the company works with third-party providers. The company has 28 branches and as of December 31, 2024, the company had 214 permanent full-time employees.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Jan-24
Total Assets 4,578.82 5,144.61 7,410.76 8,699.10
Net Assets 1,596.07 1,984.67 2,703.17 3,577.83
Total Borrowing 2,379.01 2,354.82 3,677.25 3,707.92
Total Revenue 9,415.77 13,868.81 19,205.59 17,420.7
Profit After Tax 155.39 388.59 718.49 874.67

Tentative Timeline

Opening Date 10-05-2024
Closing Date 14-05-2024
Basis of Allotment 15-05-2024
Initiation of Refunds 16-05-2024
Credit of Shares to Demat 16-05-2024
Listing Date 17-05-2024

Objects 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 Information

Registered Office Premier Roadlines Limited B-870, Near Church, New Ashok Nagar, New Delhi – 110096
Phone +91-11- 4401 5000

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96

IPO Reservation

Anchor Investor Shares Offered 1,714,000 (27.09%)
Market Maker Shares Offered 304,000 (4.80%)
QIB Shares Offered 1,144,000 (18.08%)
NII (HNI) Shares Offered 112,000 (1.77%)
Retail Shares Offered 2,004,000 (31.67%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.65%

Contact Us to Enable Your Success!