IPO Trending
PRLINDSME / NSEListed

Premier Roadlines Limited

Founded in 2008, Premier Roadlines Limited is a leading logistics provider specializing in land transportation solutions for cargo ranging from 1 MT to 250 MT. The company offers general transportation, project logistics, and oversized/overweight cargo transport across India, catering to industries like infrastructure, energy, oil & gas, construction, and renewables. With top clients such as KEC International, ThyssenKrupp Industrial Solutions, Tata Projects, GR Infraprojects, Tata Power Solar, and Sterlite Power Transmission, Premier Roadlines has established itself as a trusted logistics partner. The company operates mainly in India but also serves neighboring countries like Nepal and Bhutan. Relying on third-party fleet providers, including small fleet owners and agents, the company sources container trucks, trailers, and hydraulic axles to ensure efficient transportation. Headquartered in Delhi, Premier Roadlines maintains a strong presence with 28 branches in major cities such as Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, and Pune. As of December 31, 2023, the company employs 204 full-time staff, including senior executives, reinforcing its commitment to operational excellence and customer satisfaction.

₹63 - ₹67115.29x sub
Listed Price87.00
Listing Gain+29.85%
TimelineBook Built Issue IPO
Open10 May 2024
Close14 May 2024
Allotment15 May 2024
Listing17 May 2024

Quota Reservation Portions

RetailPortion: 20,04,000 shares
33.27%
Nii (hni)Portion: 8,58,000 shares
14.24%
AnchorPortion: 17,14,000 shares
28.45%
QIBPortion: 11,44,000 shares
18.99%
Market MakerPortion: 3,04,000 shares
5.05%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,34,000
HNI2 lots / 4,000 shares
₹2,68,000

About the Company

Founded in 2008, Premier Roadlines Limited is a leading logistics provider specializing in land transportation solutions for cargo ranging from 1 MT to 250 MT. The company offers general transportation, project logistics, and oversized/overweight cargo transport across India, catering to industries like infrastructure, energy, oil & gas, construction, and renewables. With top clients such as KEC International, ThyssenKrupp Industrial Solutions, Tata Projects, GR Infraprojects, Tata Power Solar, and Sterlite Power Transmission, Premier Roadlines has established itself as a trusted logistics partner. The company operates mainly in India but also serves neighboring countries like Nepal and Bhutan. Relying on third-party fleet providers, including small fleet owners and agents, the company sources container trucks, trailers, and hydraulic axles to ensure efficient transportation. Headquartered in Delhi, Premier Roadlines maintains a strong presence with 28 branches in major cities such as Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, and Pune. As of December 31, 2023, the company employs 204 full-time staff, including senior executives, reinforcing its commitment to operational excellence and customer satisfaction.

Company Promoters

Virender GuptaRakhi GuptaSamin Gupta

Registrar

Maashitla Securities Private Limited