Premier Roadlines IPO Subscription Details

Bookbuilding IPO | ₹40 Cr | Listed at NSE SME | Fri, May 10, 2024 - Tue, May 14, 2024

Basis of Allotment - Premier Roadlines IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)11,44,00017,14,00028,58,0008,58,00020,04,00057,20,000
Allotment price (Rs.)676767676767
No.of applications487559,6491,05,3921,15,096
No.of shares applied10,23,84,00017,14,00010,40,98,00015,51,80,00021,07,84,00047,00,62,000
Amount collected (Rs.cr.)685.97 11.48 697.46 1,039.71 1,412.25 3,149.42
No.of times subscribed89.501.0036.42180.86105.1882.18
No.of shares allotted11,44,00017,14,00028,58,0008,58,00020,04,00057,20,000
Amount (Rs.cr.)7.66 11.48 19.15 5.75 13.43 38.32
No.of allottees487553531,0021,410

IPO Shares Offered

Premier Roadlines IPO is a public issue of 0.57 Cr equity shares. The issue offers 0.20 Cr shares to retail investors, 0.29 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,04,0002.04 5.05%
QIB 28,58,00019.15 47.44%
    Anchor 17,14,000 11.48 28.45%
    QIB (Ex Anchor) 11,44,000 7.66 18.99%
NII* 8,58,0005.75 14.24%
Retail20,04,00013.43 33.27%
Total60,24,00040.36 100%

Premier Roadlines IPO Anchor Investor Allocation

A total of 17,14,000 shares at a price of Rs 67 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 09, 2024
Anchor investor price₹67.00
Anchor investors as % of QIBs59.97%
No. of shares locked-in for 30 days8,57,000
No. of shares locked-in for 90 days8,57,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SB OPPORTUNITIES FUND SB OPPORTUNITIES FUND 5,22,000 3.50 30.46 8.67
2 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,26,000 1.51 13.19 3.75
3 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 3,00,000 2.01 17.50 4.98
4 PERSISTENT GROWTH FUND PERSISTENT 2,16,000 1.45 12.60 3.59
5 MONEYWISE FINANCIAL SERVICES PVT.LTD. MONEYWISE FINANCIAL SERVICES 1,50,000 1.01 8.75 2.49
6 SAINT CAPITAL FUND SAINT CAPITAL 1,50,000 1.01 8.75 2.49
7 FINAVENUE GROWTH FUND FINAVENUE 1,50,000 1.01 8.75 2.49
17,14,00011.4810028.45

IPO Subscription FAQs

The Premier Roadlines IPO is subscribed 117.57 times by May 14, 2024 18:19.

Premier Roadlines IPO Subscription

Investor Category Subscription (times)
Qualified Institutional89.95
Non Institutional180.25
Retail Individual106.5
Total Subscription117.57

Retail category of Premier Roadlines IPO subscribed 106.5 times as of date May 14, 2024 18:19. The public issue closes on Tue, May 14, 2024 for bidding.

An investor can apply in Premier Roadlines IPO online via bank (using ASBA) or the broker (using UPI). The Premier Roadlines IPO shares are offered online only.

The Premier Roadlines IPO is subscribed 117.57 times by May 14, 2024 18:19.

The Premier Roadlines IPO allotment status is expected on or around Wednesday, May 15, 2024. Visit Premier Roadlines IPO allotment status to check.

The Premier Roadlines IPO listing date is May 17, 2024. The equity share of Premier Roadlines IPO will list on NSE SME.

Visit Premier Roadlines IPO subscription status page for real-time bidding information about Premier Roadlines IPO.

Premier Roadlines IPO Timetable

IPO opens OnFriday, May 10, 2024
IPO Closes OnTuesday, May 14, 2024
Finalisation of Basis of AllotmentWednesday, May 15, 2024
Initiation of RefundsThursday, May 16, 2024
Credit of Shares to Demat AccountThursday, May 16, 2024
IPO Listing DateFriday, May 17, 2024
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