Registered Office:
B-870 New Ashok Nagar,New Delhi,
New Delhi
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110091,
New Delhi, India.
Phone :
+91 11 4401 5000 Fax:
Email : cs@prlindia.com
Website : www.prlindia.com
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Initial public offer of upto 60,24,000 equity shares of face value of
Rs. 10/- each (the "Equity Shares") of Premier Roadlines Limited ("The Company" or "The Issuer") at an issue price of Rs. 67 per equity share (including share premium of Rs. 57 per equity share) for cash, aggregating up to Rs. 40.36 crores ("Public Issue") out of which 3,04,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating Rs. 2.04 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 57,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating upto Rs. 38.32 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.35% and 25.02% respectively of the post-issue paid-up equity share capital of the company.
The face value of the equity share is Rs. 10 eacha and issue price is
Rs. 67 each. The issue price is 6.70 times of the face value of the equity share.
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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10-May-24
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14-May-24
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(Rs) 67.00
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(Rs) 0.00
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Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
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Lead Managers to the Issue
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Project Cost (Rs.Cr)
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35.09
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Hem Securities Ltd
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Project Financed through Current Offer (Rs.Cr)
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40.36
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Post Issue Equity Share Capital (Rs.Cr)
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22.86
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Issue Price (Rs)
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67.00
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