The Premier Roadlines IPO minimum market lot is 2000 shares with ₹134,000 application amount. The Premier Roadlines IPO is a SME IPO, and it is to be listed on NSE.
Premier Roadlines Limited is engaged in providing logistics solutions to businesses, particularly surface transportation of goods ranging from 1 MT to 250 MT. They are a goods transport agency providing general transport services, project logistics, and over-dimensional/overweight cargo movements on a Pan India basis to their customers wherein they provide point-to-point services in which the goods are loaded from the premises of the customer and are delivered to the delivery point as specified by them. They mainly serve B2B customers under the Contract Logistics division, who have a requirement to transport bulk quantities of their goods from one place to another within India and other neighboring countries like Nepal, Bhutan, etc. In FY 2022-23, they have delivered over 26,000 orders across India.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Premier Roadlines IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 2.18 | 2.18 | 89.95 |
| NII | 6.34 | 4.77 | 179.74 |
| RII | 1.25 | 10.91 | 102.01 |
| Total | 1.32 | 7.05 | 115.21 |
Premier Roadlines IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Premier Roadlines IPO Review
- May Apply
Premier Roadlines IPO Form
How to apply for the Premier Roadlines IPO? You can apply for Premier Roadlines IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Premier Roadlines IPO in the Invest section. The other option is you can apply for Premier Roadlines IPO via IPO forms downloaded online. Check out the Premier Roadlines forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
