Premier Roadlines IPO Opens with Cautious Optimism, Subscribes 0.89x on Day 1

Premier Roadlines Limited IPO registered a 0.89x subscription on Day 1, reflecting modest investor interest as the market evaluates the company's potential and long-term prospects.
Premier Roadlines IPO Opens with Cautious Optimism, Subscribes 0.89x on Day 1

Premier Roadlines Limited IPO saw a subscription of 0.89 times on Day 1, showing a modest uptake by investors. This reflects an initial lukewarm response as the market assesses the company’s potential and prospects.

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How To Check Premier Roadlines Limited IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Premier Roadlines Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Premier Roadlines Limited IPO Allotment Status

The allotment date for the Premier Roadlines Limited IPO is set for May 15, 2024, with shares priced at a range of ₹63 to ₹67 per share and a face value of ₹10. The offering consists of lots of 2000 shares, with bids accepted for these lots or their multiples.

Premier Roadlines Limited IPO Listing Date 

Premier Roadlines Limited IPO is expected to be listed on the NSE SME on May 17, 2024.

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