Premier Roadlines Limited IPO
Premier Roadlines Limited was a SME IPO in the Logistics Solution Provider sector, offered at ₹63–₹67 per share to raise ₹40 crore. It listed on 17 May 2024 at ₹87 and closed its first day at ₹91, a listing gain of +36.3% versus the ₹67 issue price. It now trades around ₹40 (-40.3% versus the issue price).
Frequently asked questions
- What were the Premier Roadlines Limited IPO listing gains?
- Premier Roadlines Limited listed on 17 May 2024 at ₹87, closing its first day at ₹91 — a listing gain of +36.3% versus the ₹67 issue price.
- What was the price band and lot size of the Premier Roadlines Limited IPO?
- The price band was ₹63–₹67 per share, with a minimum lot of 2,000 shares (₹1,34,000 at the upper band).
- Who were the registrar and lead manager for the Premier Roadlines Limited IPO?
- Maashitla Securities Private Limited was the registrar, and HEM Securities was the book-running lead manager.