Contents
- 1 Table of Contents
- 2 Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO Details
- 3 Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO Dates
- 4 Allotment Status
- 5 Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO Business
- 6 Promoter Holding & Objects of the Issue IPO
- 7 Financial Report Of Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO
- 8 Key Performance Indicator (KPI)
- 9 Review
Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO: Premier Roadlines Limited and Aztec Fluids & Machinery Limited are going to launch their IPO, target to raise Rs 40.36 crores and Rs 24.12 crores respectively.
Premier Roadlines IPO, opening on May 10 and closing on May 14, aims to issue 60.24 lakh shares in the price band of ₹63 to ₹67 per share. Aztec Fluids & Machinery IPO, also commencing on May 10 and concluding on May 14, offers 36 lakh fresh shares at the same price range.
Both IPOs expect allotment by May 15, with Premier Roadlines listing on NSE SME and Aztec Fluids & Machinery IPO on BSE SME by May 17.
Table of Contents
Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO Details
| Aspect | Premier Roadlines IPO | Aztec Fluids & Machinery IPO |
|---|---|---|
| Open Date | May 10, 2024 | May 10, 2024 |
| Close Date | May 14, 2024 | May 14, 2024 |
| Listing Date | May 17, 2024 | May 17, 2024 |
| IPO Size | 60.24 lakh equity shares aggregating up to ₹40.36 Cr. | 36 lakh equity shares aggregating up to ₹24.12 Cr. |
| Face Value | ₹10 per share | ₹10 per share |
| IPO Price Band | ₹63 to ₹67 per share | ₹63 to ₹67 per share |
| IPO Listing on | BSE SME | BSE SME |
| Lot Size | 2000 Shares | 2000 Shares |
| OFS | NA | NA |
| Retail Quota | 35% of the total issue share | 35% of the total issue share |
| QBI+HNI | 65% of the total issue share | 65% of the total issue share |
Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO Dates
| Aspect | Premier Roadlines IPO | Aztec Fluids & Machinery IPO |
|---|---|---|
| IPO Open Date | May 10, 2024 | May 10, 2024 |
| IPO Close Date | May 14, 2024 | May 14, 2024 |
| Basis of Allotment | May 15, 2024 | May 15, 2024 |
| Initiation of Refunds | May 16, 2024 | May 16, 2024 |
| Credit of Shares | May 16, 2024 | May 16, 2024 |
| Listing Date | May 17, 2024 | May 17, 2024 |
Allotment Status
| IPO | Allotment Status Check Steps |
|---|---|
| Premier Roadlines Limited IPO | 1. Click the link: MAASHITLA SECURITIES PRIVATE LIMITED 2. Select the IPO Name from the options provided 3. Enter either your Application Number or PAN Number 4. Click submit to view the allotment status. |
| Aztec Fluids & Machinery IPO | 1. Click the link: BIGSHARE SERVICES PVT LTD 2. Select the IPO Name from the options provided 3. Enter either your Application Number or PAN Number 4. Click submit to view the allotment status. |
Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO Business
| Aspect | Premier Roadlines Limited | Aztec Fluids & Machinery Limited |
|---|---|---|
| Establishment | 2008 | April 2010 |
| Specialization | Land transportation of goods | Printers, printer consumables, and spares |
| Services | General transportation, project logistics, handling oversized cargo | Printers, printer consumables, ink, cleaning solvents |
| Clientele | Infrastructure, energy, construction, etc. | Personal care, food, pharmaceuticals, etc. |
| Notable Clients | KEC International Limited, Tata Power Solar Systems Limited | Not specified |
| Geographic Reach | India, Nepal, Bhutan | Sri Lanka, Nepal, Bhutan, Bangladesh, Kenya, Nigeria |
| Headquarters | Delhi | Ahmedabad |
| Network | 28 branches across major cities | Not specified |
| Employees | 204 full-time staff (as of December 31, 2023) | Not specified |
| Warehouse | Not specified | Kheda, Gujarat |
Promoter Holding & Objects of the Issue IPO
Premier Roadlines Limited and Aztec Fluids & Machinery Limited both have their promoters holding 100.00% of the company’s shares pre-issue.
The objectives of the IPO for Premier Roadlines Limited are:
- Repayment and/or pre-payment of certain borrowings availed by the company amounting to Rs. 1500.00 lakhs.
- Purchase of a vehicle for commercial purposes totalling Rs. 333.96 lakhs.
- Meeting working capital requirements.
- General corporate purposes.
For Aztec Fluids & Machinery Limited, the objectives of the IPO include:
- Funding the proposed acquisition of equity shares of Jet Inks Private Limited.
- Repayment of a portion of certain borrowings availed by the company.
- General corporate purposes.
Financial Report Of Premier Roadlines IPO Vs Aztec Fluids & Machinery IPO
| Financial Metrics | Premier Roadlines Limited (30th September, 2023) | Aztec Fluids & Machinery Limited (31st December, 2023) |
|---|---|---|
| Revenue (₹ in Lakh) | ₹9,639.60 | ₹5,182.38 |
| Profit After Tax (PAT) (₹ in Lakh) | ₹440.80 | ₹450.74 |
| Net Worth (₹ in Lakh) | ₹3,143.97 | ₹1,986.34 |
Key Performance Indicator (KPI)
| Key Performance Indicator (KPI) | Premier Roadlines Limited (As of 30th September 2023) | Aztec Fluids & Machinery Limited (As of 31st December 2023) |
|---|---|---|
| EBITDA (₹ in Lakh) | ₹817.55 (8.48%) | ₹577.35 (11.34%) |
| PAT Margin (%) | 4.57% | 8.85% |
| Return on Capital Employed (RoCE) (%) | 15.08% | 25.38% |
| Return on Equity (RoE) (%) | 11.74% | 25.60% |
| Return on Net Worth (RoNW) (%) | 24.45% | 22.69% |
| Earnings Per Share (EPS) | ₹3.14 (pre-issue), ₹3.5 (post-issue) | ₹3.27 (pre-issue), ₹4.51 (post-issue) |
| Price-Earnings (PE) Ratio | 21.32 (pre-issue and post-issue) | 20.47 (pre-issue), 15.16 (post-issue) |
Review
Comparing Premier Roadlines Limited and Aztec Fluids & Machinery Limited IPOs, both aim to raise significant capital, with Premier Roadlines Limited targeting ₹40.36 crores and Aztec Fluids & Machinery Limited aiming for ₹24.12 crores. Their IPOs share similar price bands and listing dates, targeting BSE SME.
Premier Roadlines Limited, with diverse transportation services and solid financials, presents a competitive opportunity, especially with its robust RoNW of 26.58%. In contrast, Aztec Fluids & Machinery Limited, specializing in printer products, exhibits a lower RoNW but competitive earnings growth potential.
Investors may consider Premier Roadlines Limited IPO for its established presence and promising returns, while Aztec Fluids & Machinery Limited IPO offers growth prospects in a niche market.
Disclaimer: The information provided is for informational purposes only and does not constitute investment advice. Investors are advised to conduct thorough research and consult with financial professionals before making any investment decisions. The accuracy and completeness of the data cannot be guaranteed.
