Premier Roadlines Limited IPO

Premier Roadlines Ltd. issues 60,24,000 shares worth ₹40.36 cr for managing borrowings, acquiring vehicles, meeting capital needs, and corporate purposes.

Important Details

Open Date : May 10, 2024 Close Date : May 14, 2024 Allotment Date: May 15, 2024 Listing Date: May 17, 2024

Important Details

IPO Price: INR 63-67 per share Lot Size: 2000 shares Total Issue Size: INR 40.36 cr

Fundamental Analysis

Premier Roadlines Technologies financial analysis: 1. Soaring revenue & profit. 2. Steady equity & liabilities growth. 3. Reduced debt reliance. 4. Declining returns on net worth. 5. Liquidity challenges from decreasing current ratio.

Peer Comparison

Premier Roadlines Limited : Lack of revenue and PAT data but Relatively low RoNW. VRL Logistics Limited: Robust financial performance & High RoNW. AVG Logistics Limited: Substantial revenue and RoNW figures. Ritco Logistics Limited: Moderate financial metrics.


Premier Roadlines Ltd main objective: 1. Repayment/prepayment of borrowings. 2. Purchase commercial vehicles. 3. Fulfill working capital needs. 4. Enhance operational efficiency. 5. Sustain business growth.

Risks And Challenges

Premier Roadlines Ltd risks: 1. Heavy reliance on leased trucks. 2. Vulnerability to third-party vendors. 3. Dependence on IT infrastructure. 4. Cyber threats & Competition hurdles. 5. Operational challenges in 32 regions.