Premier Roadlines IPO GMP: The initial public offering (IPO) of Premier Roadlines subscription window is scheduled to close on May 14. For interested investors, Today is the last day to apply for Premier Roadlines IPO. Check the latest GMP, subscription status and other details. Which can be helpful to make informed decisions.
Premier Roadlines IPO GMP Today
According to multiple unlisted market tracking websites. The grey market price (GMP) of Premier Roadlines is price ranges from Rs 25 to Rs 30 per share.
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Premier Roadlines IPO Subscription Status
The Premier Roadlines IPO has been subscribed 22.85 times. Notably, the retail category witnessed a subscription of 33.68 times, while the Qualified Institutional Buyers (QIB) category was subscribed 4.07 times. Additionally, the Non-Institutional Investors (NII) category saw a subscription of 22.59 times, As of May 14, 2024, at 12:53 PM.
Premier Roadlines IPO Issue Details
Premier Roadlines IPO is a book-built issue of Rs 40.36 crores, exclusively comprising a fresh issue of 60.24 lakh shares.
Premier Roadlines IPO Subscription Window Timeline
The IPO subscription window opened for bidding on May 10, 2024, and is scheduled to close on May 14, 2024.
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Premier Roadlines IPO Allotment Date
The allotment process for the Premier Roadlines IPO is expected to be finalized on Wednesday, May 15, 2024.
Premier Roadlines IPO Listing Date
The IPO is slated to list on NSE SME, with a tentative listing date set for Friday, May 17, 2024.
Premier Roadlines IPO Price Band
Investors can participate in the Premier Roadlines IPO within a price band of Rs 63 to Rs 67 per share.
Premier Roadlines IPO Lot Size And Minimum Investment
The minimum lot size for an application is set at 2000 shares. Retail investors are required to make a minimum investment of Rs 134,000, while High Net Worth Individuals (HNIs) have a minimum lot size investment requirement of 2 lots (4,000 shares), amounting to Rs 268,000.
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Premier Roadlines IPO Registrar And Book Running Lead Manager
Hem Securities Limited has been appointed as the book-running lead manager for the Premier Roadlines IPO, overseeing the entire process. Additionally, Maashitla Securities Private Limited has been designated as the registrar for the issue, managing the IPO application and allotment process. Hem Finlease serves as the market maker for the Premier Roadlines IPO, facilitating liquidity and market operations.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. its readers/audience to consult their financial advisors before making any money-related decisions.)
