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LISTEDSME

Premier Roadlines IPO

Open 10th May 2024 · Close 14th May 2024 · Listing 17th May 2024

Verified 2026-08-2489% data coverage
Issue Price₹67.00
Listing Price₹87.00
Current Price
Listing Gain29.85%
Current Return

At a glance

Updated 2026-08-24

The shares listed at ₹87.00, a 29.85% move from the issue price. Premier Roadlines is a SME IPO with an issue size of ₹40.36 crore, proposed for listing on NSE SME. The offer opens on 10th May 2024 and closes on 14th May 2024. The issue structure includes a fresh issue of ₹38.32 crore. The current listing schedule points to 17th May 2024.

Issue details

Listing atNSE SME
Issue typeBook Build Issue
Issue size₹40.36 Cr
Fresh issue₹38.32 Cr
Face value₹10
Price band₹63.00–₹67.00
Allotment15th May 2024
Listing17th May 2024

Listing performance

Full performance ↗
Issue price₹67.00
Listing price₹87.00
Current price
Listing gain29.85%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹20.00
GMP / upper price29.85%
Est. listing₹87.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens10th May 2024
Closes14th May 2024
Allotment15th May 2024
Refund16th May 2024
Demat16th May 2024
Listing17th May 2024

Subscription demand

Full bidding ↗
Total117.57×

Lot size

InvestorLotsSharesAmount
Minimum Bid12000₹134,000

Company

Use of proceeds

ObjectAmount
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Compan₹15.00 Cr
Purchase of vehicle for commercial purpose₹2.76 Cr
Working Capital Requirement₹14.00 Cr
General Corporate Purposes₹3.33 Cr

31 Mar 2021

Assets45.79
Total Income94.16
Profit After Tax1.55
NET Worth15.96
Reserves and Surplus14.43
Total Borrowing23.79

31 Mar 2022

Assets51.45
Total Income138.69
Profit After Tax3.89
NET Worth19.85
Reserves and Surplus18.32
Total Borrowing23.55

31 Mar 2023

Assets74.11
Total Income192.06
Profit After Tax7.19
NET Worth27.03
Reserves and Surplus25.50
Total Borrowing36.77

31 Jan 2024

Assets86.99
Total Income174.21
Profit After Tax8.75
NET Worth35.78
Reserves and Surplus18.94
Total Borrowing37.08
Trend chart₹ crore

KPIs

KPIJan 31, 2024
ROE27.85%
ROCE20.05%
Debt / Equity1.04%
RoNW24.45%
PAT Margin5.02%
Price to Book Value3.15

Valuation & shareholding

Pre-IPO EPS4.27
Post-IPO EPS4.59
Pre-IPO P/E15.7
Post-IPO P/E14.59
Promoter holding pre100%
Promoter holding post73.65%
Market cap₹153.18 Cr.

Issue expenses

ExpenseAmount
Book Running Lead Manger Fees₹0.48 Cr
Fees Payable to Registrar to the Issue₹0.02 Cr
Fees Payable for Advertising and Publishing Expenses₹0.20 Cr
Fees Payable to Regulators including Stock Exchanges₹0.10 Cr
Payment for Printing & Stationery, Postage, etc.₹0.02 Cr
Fees Payable to Auditor, Legal Advisors and other Professionals₹0.06 Cr
Others, if any (Advisors to the company, Peer Review Auditors, and other misc. expenses like printing & stationery etc.)₹4.39 Cr

Registrar & lead managers

Registrar

Maashitla Securities Pvt.Ltd.

Lead managers

  • Hem Securities Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.