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Premier Roadlines Limited IPO Subscriptions Status Live Today

 

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Premier Roadlines Limited IPO

May 10, 2024 - May 14, 2024 Closed

Premier Roadlines Limited IPO Details

Issue Open

10 May 2024

Issue Close

14 May 2024

IPO Price

₹63 to ₹67 per equity share

Face Value

₹10 per equity share

IPO Size

₹40.36 Cr.

Listing At

NSE, SME

IPO Lot Size

2000 Shares

IPO Investor Categories

  •  Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
  • Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.
NII category has two subcategories:

 

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between Rs. 2 lakhs and Rs. 10 lakhs in an IPO.

 

2.  bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.


  • Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
  • Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
  • Others- A category of eligible shareholders or other investors with a reserved IPO quota.

Frequently Asked Question

Investors can refer to the company's prospectus, which provides detailed information about its business, financials, and the IPO process. Financial news websites and regulatory authorities may also have relevant information.
Closing date of Premier Roadlines Limited IPO is May 14, 2024.
Premier Roadlines Limited IPO share price ₹63 to ₹67 per share.
Investors typically participate through brokerage firms that handle IPOs. They can apply for shares through these firms during the IPO's subscription period.
You will receive on Premier Roadlines Limited IPO shares in your Demat account on May 15, 2024, if allotted.
Premier Roadlines Limited IPO shares will get listed on May 17, 2024.
Opening date of a Premier Company Roadlines Limited IPO is May 10, 2024.
Pre-issue shareholding of the Premier Roadlines Limited IPO promoter is 100.00%.
If you do not get the allotment of on Premier Roadlines Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Premier Roadlines Limited IPO limited share price Shares will be listed at NSE SME.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
The meaning of " Premier Roadlines Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Premier Roadlines Limited IPO on the current day.
The face value of Premier Roadlines Limited IPO is ₹10 per share.
Lot size of the Premier Roadlines Limited IPO is 2000 shares.
Post-issue shareholding of the Premier Roadlines Limited IPO promoter is 73.65%.
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