About Premier Roadlines LimitedIncorporated in 2008, Premier Roadlines Limited engaged in providing transportation of goods in containerized trucks to various industrial sectors such as Infrastructure, Energy, Power, Oil & Gas, Engineering, Construction, Metallurgical, Renewable energy etc.To provide with transportation services, we engage third party operators i.e. small fleet owners and agents who provide us with necessary transportation facilities such as containerized trucks, Trailers, Hydraulic axles etc. The centralised information technology network is capable of connecting the branch offices with their corporate office, which enables real time monitoring of their operations, consignment bookings and delivery status. They carry their logistics business through their widespread transportation network across India which they are operating through their Registered and Corporate Office located in Delhi, along with 28 Branch Offices located in various cities of India like Ahmedabad, Bengaluru, Chennai, Guwahati, Hyderabad, Kolkata, Mumbai, Nashik, Pune etc. Few of their esteemed customers include KEC International Limited, ThyssenKrupp Industrial Solutions (India) Private Limited, Tata Project Limited, G R Infraprojects Ltd, Tata Power Solar Systems Limited, Sterlite Power Transmission Limited etc. They serve a large and diverse mix of end market customers across several industry sectors viz. Infrastructure, Energy, Power, Oil & Gas, Engineering, Construction, Metallurgical etc. The company generally does not enter into long term agreements with their customers, however, they have developed long-standing relationships with these customers some of whom, like L&T constructions, KEC international, ThyssenKrupp and many more have been our customers from the past many years. They believe that a diverse customer base and strong relationships with our key customers is essential to our business strategy and to the growth of our business. Owing to strong customer relationships and service, they can retain a number of their customers for a long period of time and retention of customers has enabled them to achieve business growth and expansion of operation. They believe in maintaining good relationship with their Logistic Partners i.e. Small Fleet Owners and Agents and Customers which is the most important factor to keep the company growing. They have established close relationships with the existing clients and they intend to leverage this relationship to further acquire more business by providing integrated, end-to-end solutions to address all their logistic requirements. This gives the clients flexibility and scalability in their operations along with cost efficiencies. Similarly, they have established long-term relationships with various transporters through which there are able to fulfil transportation requirements of our customers on a timely basis. The dedicated and focused approach and efficient and timely delivery of services has helped us build strong relationships over a number of years. Premier Roadlines Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
Here are key details about the Premier Roadlines Limited IPO:
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