Vrl logistics limited formerly vijayanand roadlines ltd. Vrl logistics files draft paper with sebi for ipo the. Vrl logistics ipo subscribed 74 times business standard. The vrl logistics ipo basis of allotment published above tells you how shares are allocated to you in vrl logistics ipo and category wise demand of ipo share. On the nse, vrl logistics last traded price was up 1. The initial public offer ipo of vrl logistics today got oversubscribed at 1. Initially started with a fleet of a single vehicle, it soon expanded in terms of network and turned out to be one of the leading logistics courier companies in india. Get the latest vrl logistics management information and corporate updates at iifl. After all, logistics and ecommerce are the main driving factors of indian economy. Vrl tracking link and number can be found on the receipt given to you. Vrl logistics share price, nsebse forecast news and.
Vrl logistics has filed draft papers with the market regulator sebi to raise funds through an initial public offer. Vrl is largent and service oriented company in passenger traportation and travel industry cin. Adlabs entertainment ipo is a mainboard ipo of 20,326,227 equity shares of the face value of. Vrl logistics ltd apr15 subscribe issue details issue size no. Draft red herring prospectus please read section 60b. In april 2015, vrl logistics successfully completed an initial public offering ipo which received overwhelming response from the investors and was oversubscribed by more than 74 times thereby making this ipo a historical one.
Transfer of unpaid and unclaimed amount to iepf during the year under consideration, no amount was due for transfer to iepf as per section 125 of the companies act, 20. The company is mainly engaged in the business of surface logistics and parcel delivery on panindia level with the presence of its widespread network in. Vrl logistics received overwhelming response to its ipo with an oversubscription of nearly 74 times. Thus, an ipo is also commonly known as going public. Vrl logistics limited 34th annual report vrl group. The rs 460 croreinitial public offering ipo of vrl logistics was oversubscribed 74 times, led. Visit the vrl logistics ipo allotment status page to check the number of shares allocated to your application. Initial public offeringipo is where a previously unlisted company sells new or existing securities and offers them to the public for the first time.
Business operations of vrl group include road transportation, logistics, publishing etc. Vrl logistics limited has completed one year since its successful listing. Vrl logistics ipo is a mainboard ipo of 23,116,000 equity shares of the face value of. The company owned and operated the largest fleet of commercial vehicles in the private sector. Check out the share price of blue dart now and where it was 5 years ago. The company was originally incorporated as a private limited company under the name of vijayanand roadlines pvt. Yes, definitely vrl logicstics is a very good investment. Vrl logistics is one of the leading panindia surface logistics and parcel delivery service providers. Project on logistics management in vrl logistics by sanjay.
Logistics is the backbone of the economy, providing the efficient, cost effective flow of goods on which other commercial sectors depend. Earlier in december 2010, the karnatakabased company had filed draft documents with sebi for an ipo of 2. The companys operational infrastructure comprises 624 branches, 346 agencies and 48 branches across india. Promoters currently own 77% of the company, will fall to 70%. Vrl logistics is a new listing on the bse with a float market capitalisation greater than inr100 crore, which necessitates its inclusion in the index, said the exchange. A fresh certificate of incorporation consequent upon conversion was issued on may 21, 2018 by the registrar of companies, delhi.
Law ipo ppt free download as powerpoint presentation. Shares of vrl logistics, which listed today, opened at rs 288 on the bombay stock exchange bse, a premium of 40% to the offer price of rs 205. Formed in 1986, capital market publishers india pvt ltd pioneered corporate databases and stock market magazine in india. The regular trading starts at 10 am on listing day. Draft red herring prospectus december 18, 2014 please read section 32 of the companies act, 20 this draft red herring prospectus will be updated upon filing with the roc 100% book built issue vrl logistics limited. The ipo allotment is expected to take place within 2 weeks of the closing of the ipo. Latest technologies and standards are constantly being adopted to keep the database userfriendly, comprehensive and uptodate.
Tentative dates of vrl logistic allotment is 27042015, refund on 28042015, listing on 04052015. Over the last 30 days, the vrl logistics share price is up 7. Private equity firm new silk route has invested rs 175 crore in vrl logistics ltd, a company based in hubli, karnataka. Vrl is largest and leading traportation and logistics company in india. Vrl logistics ltd ipo allotment status is not available at this time. This is the companys second attempt to enter the capital markets. Vrl is currently the largest fleet owner of commercial vehicles in india with a fleet size of 3546 owned vehicles. The companys corporate identity number is u60221dl2001plc112167. The overall economy remained sluggish during the year. Karnataka based vrl logistics limited ipo would hit the market on 15th april, 2015. Bse and nse allow a preopen trading on listing day. Vrl logistics is the fourth company to hit the capital market with an ipo this year. Vrl logistics raises pe funding from new silk route vccircle. After an ipo, the issuing company becomes a publically listed company on a recognized stock exchange.
This 45 minutes session starts at 9 am and ends at 9. About vrl logistics ltd company information capitalmarket. Read more about vrl logistics ipo subscribed 74 times on business standard. Vrl logistics standalone june 2019 net sales at rs 539. The details of unclaimed dividend and ipo share application money along with their due dates for transfer to iepf is provided.
Vrl logistics is about goods and people transportation, by road, intercity. Vrl logistics stock discussion forum online india, can i. It also captures the holding period returns and annual returns. Though profits for 20 and 2014 are low, vrl logistics ipo looks promising. The rs 460 croreinitial public offering ipo of vrl logistics received a massive 74 times subscription led by strong demand from all category of investors. Draft red herring prospectus dated december 10, 2010 please read section 60b of the companies act, 1956 this draft red herring prospectus will be updated upon filing with the roc 100% book built issue vrl logistics limited.
In case of any doubt, please contact accounts for clarification. Ritco logistics limited by a special resolution passed on may 02, 2018. Vrl logistics ltd vrl own and operates the largest fleet of commercial vehicles in the private sector in india as of may 2012 and is one of the leading panindia surface logistics and parcel delivery service providers. Vrl logistics ltd is in the business of providing surface logistics and parcel delivery across 28 states in india. This is nsrs first investment in the logistics and transportation sector. Vrl logistics ltd today is the leader in the parcel transportation business in india in fact the only organized segment player with a clear focus on the parcel segment and has an extensive. Vrl logistics ipo allotment status indian share broker. Vrl logistics limited 34th annual report 201617 4 7. Vrl is largent and service oriented company in passenger traportation and travel industry. Nsr will own 5% of the post ipo company, the public will own 25%. Today capitaline corporate database cover more than 35,000 listed and unlisted indian companies. The year gone by presented many challenges and we had to work hard to overcome these. The minimum order quantity is 65 shares per application and the offer type is book built issue.
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