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Premier Roadlines Ltd

Registered Office : B-870 New Ashok Nagar,New Delhi,New Delhi New Delhi 110091 Phone : +91 11 4401 5000
Fax :

Email : cs@prlindia.com

Website : www.prlindia.com

Initial public offer of upto 60,24,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Premier Roadlines Limited ("The Company" or "The Issuer") at an issue price of Rs. 67 per equity share (including share premium of Rs. 57 per equity share) for cash, aggregating up to Rs. 40.36 crores ("Public Issue") out of which 3,04,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating Rs. 2.04 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 57,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating upto Rs. 38.32 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.35% and 25.02% respectively of the post-issue paid-up equity share capital of the company. The face value of the equity share is Rs. 10 eacha and issue price is Rs. 67 each. The issue price is 6.70 times of the face value of the equity share.

Issue

Opens On

Closes On

10-May-2024

14-May-2024

Money Payable On

Application

Allotment

67.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

35.09

40.36

22.86

67.00

Hem Securities Ltd

Projects

Repayment and/or pre-payment in full or part of certain borrowings availed by the company

Purchase of vehicle for commercial purposes

To meet working capital requirements

General corporate purposes

Promoted By

Virender Gupta

Rakhi Gupta

Samin Gupta

Listing At

NSE - SME

Registrar to the Issue

Maashitla Securities Pvt Ltd