Premier Roadlines Limited
ListedSMEEmerging SME Services · NSE
Founded in 2008, Premier Roadlines Limited is a leading logistics provider specializing in land transportation solutions for cargo ranging from 1 MT to 250 MT. The company offers general transportation, project logistics, and oversized/overweight cargo transport across India, catering to industries like infrastructure, energy, oil & gas, construction, and renewables. With top clients such as KEC International, ThyssenKrupp Industrial Solutions, Tata Projects, GR Infraprojects, Tata Power Solar, and Sterlite Power Transmission, Premier Roadlines has established itself as a trusted logistics partner. The company operates mainly in India but also serves neighboring countries like Nepal and Bhutan. Relying on third-party fleet providers, including small fleet owners and agents, the company sources container trucks, trailers, and hydraulic axles to ensure efficient transportation. Headquartered in Delhi, Premier Roadlines maintains a strong presence with 28 branches in major cities such as Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, and Pune. As of December 31, 2023, the company employs 204 full-time staff, including senior executives, reinforcing its commitment to operational excellence and customer satisfaction.
Price Band
₹63 – ₹67
Issue Size
₹40.36 Cr
Lot Size
2000 shares
GMP
₹20
+29.9%
Est. Listing
₹87
at current GMP
Subscribed
115.29x
overall
Open
10 May 2024
Close
14 May 2024
Allotment
15 May 2024
Refund
16 May 2024
Demat Credit
17 May 2024
Listing
17 May 2024
Last updated 12 days ago
Live Grey Market Premium
Premier Roadlines Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹20+29.9%
Issue Price (Upper)
₹67
Band: ₹63 – ₹67
Estimated Listing Price
₹87
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,34,000
Estimated Profit / Lot
₹40,000
2000 × ₹20
Premier Roadlines Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹20
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹20 | 29.9% | ₹87 |
| 30 Oct 2026 | +₹20 | 29.9% | ₹87 |
| 29 Oct 2026 | +₹18 | 26.9% | ₹85 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Premier Roadlines Limited Public Issue & Market Profile
Premier Roadlines Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹40.36 Crores. The shares are offered at a price band of ₹63 to ₹67 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2024-05-14, the basis of allotment is scheduled to be finalized on 2024-05-15. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Premier Roadlines Limited IPO GMP today?
The latest grey market premium for Premier Roadlines Limited IPO is ₹20, which indicates an expected listing price of ₹87.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.