Comparison between Premier Roadlines IPO and TGIF Agribusiness IPO.
IPO Details
Premier Roadlines IPO is a SME Fixed Price IPO proposed to list at NSE SME while TGIF Agribusiness IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Premier Roadlines IPO is up to ₹38.32 Cr whereas the issue size of the TGIF Agribusiness IPO is up to ₹6.07 Cr. The final issue price of Premier Roadlines IPO is ₹67.00 per share and of TGIF Agribusiness IPO is ₹93.00 per share.
IPO Timetable
Premier Roadlines IPO opens on May 10, 2024, while TGIF Agribusiness IPO opens on May 08, 2024. The closing date of Premier Roadlines IPO and TGIF Agribusiness IPO is May 14, 2024, and May 10, 2024, respectively.
| | Premier Roadlines IPO | TGIF Agribusiness IPO |
|---|
| Anchor Bid Date | May 09, 2024 | |
| Issue Open | May 10, 2024 | May 08, 2024 |
| Issue Close | May 14, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 15, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 16, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 16, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 17, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | Jun 14, 2024 | |
| Anchor Lockin End date 2 | Aug 13, 2024 | |
Financials & KPIs
Premier Roadlines IPO P/E ratio is 15.7, as compared to TGIF Agribusiness IPO P/E ratio of 13.58.
Shares Offered
In the Premier Roadlines IPO Retail Individual Investors (RII) are offered 20,04,000 shares while in TGIF Agribusiness IPO retail investors are offered 20,04,000 shares. Qualified Institutional Buyers (QIB) are offered 11,44,000 shares in Premier Roadlines IPO and in TGIF Agribusiness IPO.
| | Premier Roadlines IPO | TGIF Agribusiness IPO |
|---|
| Anchor Investor Reservation | 17,14,000 shares | |
| Market Maker Reservation | 3,04,000 shares | 34,800 shares |
| QIB | 11,44,000 shares | |
| NII | 8,58,000 shares | 3,26,400 shares |
| RII | 20,04,000 shares | 3,26,400 shares |
| Total | 57,20,000 shares | 6,52,800 shares |
Bids Received (Subscription)
Premier Roadlines IPO subscribed 82.34x in total, whereas TGIF Agribusiness IPO subscribed 34.13x.
