Vrl logistics ipo 30days listing report ipo central. Vrl logistics is the fourth company to hit the capital market with an ipo this year. While inox winds public issue received a strong response from investors, adlabs entertainment and. Find ipo date, price, live subscription, allotment, grey market premium gmp, listing date, analysis and. The name of the company was changed to vrl logistics limited to underscore the broad range of services the company provides, and a fresh certificate of incorporation, consequent on change of name, was issued by the roc on august 25, 2006. The details of unclaimed dividend and ipo share application money alongwith their. Pnc infratech ltd is an indian infrastructure construction, development and management company, with expertise in the execution of major infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, development of industrial areas and other infrastructure activities.
Vrl logistics files draft paper with sebi for ipo the hindu. References to any legislation, act, regulation, rules, guidelines or policies shall be to such legislation, act, regulation, rules. Vrl logistics raises pe funding from new silk route vccircle. The details of unclaimed dividend and ipo share application money. Vrl logistics history vrl logistics information the. Krchoksey has come out with its report on vrl logistics ipo. Check out directors, chairman, ceo and management information of vrl logistics ltd along with registered office and contact details. Vrl logistics ipo allotment status indian share broker. With the strong demand from all categories of investors, and the positive sentiment in the markets, the ipo was oversubscribed 74 times and the shares listed at a premium of 40% to the offer price of rs 205. Vrl logistics ipo oversubscribed on day 2 business thursday april 16, 2015 vrl logistics is the fourth company to hit the capital market with an ipo this year. The year gone by presented many challenges and we had to work hard to overcome these.
Vrl has investedhugeamountsin technologyto keepabreast of the latest market trends and has continuously upgraded its technology. 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. This draft red herring prospectus uses certain definitions and abbreviations which, unless the context otherwise indicates or implies or it is specified otherwise, shall have the meaning as provided below. It depends on factors like the demand ipo oversubscription, the market situation on the day of listing, issue size etc.
Icici prudential life insurance company limited ipo red herring prospectus. The issue opens on wednesday and will close on april 17, 2015, making vrl. It contains information about the companys financial status, business plan, recent performance, contingent obligations, and other operating and financial matters. Ipo note call toll free 18004258282 vrl logistics limited. Apr 15, 2015 vrl logistics will hit the capital markets on wednesday with an estimated rs 468crore initial public offer ipo. Vrl logistics announcements, vrl logistics updates and more at business standard news. Check out the share price of blue dart now and where it was 5 years ago. Rhp deferred tax credit for the year 201112 includes reversal of deferred tax liability of rs.
Icici prudential ipo track record pdf, 46kb icici prudential life insurance company limited ipo draft red herring prospectus. Private equity firm new silk route has invested rs 175 crore in vrl logistics ltd, a company based in hubli, karnataka. 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. Application noprotected transaction id9605 dp ac noprotected i have applied for vrl ipo but as the shares are not allotted the refund of rs. The ipo allotment is expected to take place within 2 weeks of the closing of the ipo. The rs 460 crore initial public offering ipo of vrl logistics received a massive 74 times subscription led by strong demand from all category of investors.
At ipo central, we are not big fans of the immediate returnslosses a new listing makes on the listing day. Vrl logistics ipo listing day gains are highly unpredictable as depends on many factors on the day listing. While inox winds public issue received a strong response from investors, adlabs entertainment and ortel. Apr 17, 2015 yes, definitely vrl logicstics is a very good investment. The definitive proxy statement prospectus and supplement can also be obtained, without charge, at the securities and exchange commissions internet site. Volumes slow, cost rise august 02, 2016 prabhudas lilladher pvt. The service offering of the company in the logistics space are goods transport, passenger transport and courier services apart from transport of passenger by air and wind power generation business. In retrospect, the logistics firms ipo came at a time when the markets are heading to new highs. The name of the company was changed to vrl logistics limited and a fresh certificate of incorporation consequent to the change of name was issued by the registrar of companies, karnataka on august 25, 2006. The companys operational infrastructure comprises 624 branches, 346 agencies and 48 branches across india. Logistics is the backbone of the economy, providing the efficient, cost effective flow of goods on which other commercial sectors depend. Tiger logistics provides a comprehensive suite of air logistics solutions to customers throughout th. 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 overall economy remained sluggish during the year. Which provides general parcel and priority parcel delivery courier and fulltruckload ftl. 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. Though profits for 20 and 2014 are low, vrl logistics ipo looks promising. The public offer received bids for 1,20,81,66,440 shares against the total issue size of 1,62,69,006 shares, supported by qibs and hnis. Vrl logistics ipo subscribed 74 times business standard.
Todays complex supply chain demands more valueadded functions including labelling, procurement, vendor management, subassembly, and merge intransit. For the year ending march 2019, vrl logistics has declared an equity dividend of 55. Consequently, operators are exposed to ever greater risks as they are asked to accept more onerous liabilities, such as fullvalue contracts. 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. Within a short span of time we have emerged as the largest fleet owner of commercial vehicles in indias private sector. Tentative dates of vrl logistic allotment is 27042015, refund on 28042015, listing on 04052015. Vrl soon expanded its service to bangalore, hubli and belgaum. Vrl logistics shareholding pattern the economic times. The company owned and operated the largest fleet of commercial vehicles in the private sector.
Matters beginning on page 128 of this draft red herring prospectus. The price band for the ipo has been set at rs 195 to rs 205 a share. New issue market free download as powerpoint presentation. Vrls goods transportation service business serves a broad range of industries, including the fast moving consumer goods fmcg sector as well as other industries including food, textiles, apparel, furniture, appliances, pharmaceutical products, rubber, plastics, metal and metal products, wood, glass, automotive parts and machinery. Vrl logistics announcements business standard news page 1. Project on logistics management in vrl logistics by.
Vrl logistics limited has implemented a robust mechanism for identification of malpractices within the organization and the present day reporting of such ongoings is being made to the highest authorities including the chairman himself. Tiger logistics is a provider of integrated and flexible ocean freight services in an everchanging. Articles or articles of association the articles of association of the company, as amended. Vrl logistics ipo a top draw, subscribed over 74 times the. Vrl logistics limited has completed one year since its successful listing. Though profits for 20 and 2014 are low, vrl logistics ipo. Vrl logistics ltd is one of the leading logistics service providers in the country. This is the initial public offering of our ordinary shares the shares. Get the latest vrl logistics management information and corporate updates at iifl. Sebi validates the ipo prospectus to make sure the information furnished is true.
The initial public offer ipo of vrl logistics opens for bidding through the book building route on 15 april 2015. The company owned and operated the largest fleet of commercial vehicles in the private sector in india. Page 1 by continuing to use this site you consent to the use of cookies on your device as described in. All content on is for your general information and use only and is not intended to address your particular requirements. No need to issue cheques by investors while subscribing to ipo. The details vrl is actually vijayanand roadlines, and is a company close to where i live bangalore. 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. Price on page 110 of this red herring prospectus should not be taken. Description vrl logistics is one of the leading panindia surface logistics and parcel delivery service providers.
Pnc infratech ipo details ipo date, price, gmp, analysis. Vrl logistics limited will be held on saturday, 10th august 2019 at. The shareholding pattern page of vrl logistics ltd. Tiger logistics india limited is an industry leader in handling and successfully executing. Vrl logistics ltd ipo allotment status is not available at this time.
After the successful ipo, the shares of the company are listed on the bse and nse with effect. The research firm has recommended to subscribe to the issue. Vrl is currently the largest fleet owner of commercial vehicles in india with a fleet size of 3546 owned vehicles. Till date the refund money not received in my bank ac. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by ft and is not intended to be relied upon by users in making or refraining from making any specific investment or other decisions. Vrl logistics will hit the capital markets on wednesday with an estimated rs 468crore initial public offer ipo. A prospectus is a document that is published by, or on behalf of, the selling company in an acquisition, a private capital placement or an initial public offering. Apr 09, 2015 vrl logistics limited ipo should you invest. Nsr certifies that all statements and undertakings made by. The details of unclaimed dividend and ipo share application money along with their due dates for transfer to iepf is provided. About vrl logistics ltd company information capitalmarket. Business operations of vrl group include road transportation, logistics, publishing etc. The offer contained in this prospectus is an initial public offering to acquire fully paid ordinary shares. Company, phillipcapital india research the company has shown a pat cagr growth of 19% over fy10fy14.
The stock had debuted at a premium of 68% to the ipo price. Vrl is largent and service oriented company in passenger traportation and travel industry. Vijay sankeshwar, vrl logistics vrl is one of the leading pan india surface logistics and parcel delivery service provider. Vrl logistics limited the company was originally incorporated as a private limited company under the name of vijayanand roadlines private limited on march 31, 1983 under the companies act, 1956. Vrl logistics ipo opens on 15 april 2015 business standard news. On november 1, 20, quartet consummated its initial public offering ipo of 8,400,000 units, each unit consisting of one share of common stock and.
Vrl logistics ipo a top draw, subscribed over 74 times. Vrl is primarily engaged in the goods transportation and logistics services business. It also captures the holding period returns and annual returns. After all, logistics and ecommerce are the main driving factors of indian economy. Company or the issuer vrl logistics limited, a public limited company incorporated under the companies act, 1956. Jan 23, 2018 vrl logistics is the fourth company to hit the capital market with an ipo this year. Vrl logistics limited formerly vijayanand roadlines ltd. Apr 16, 2015 vrl logistics is the fourth company to hit the capital market with an ipo this year. This prospectus is issued by eclipx group limited acn 1 557 901 company and eclipx saleco limited acn 604 507 511 saleco for the purposes of chapter 6d of the corporations act 2001 cth corporations act. Vrl logistics ltd is in the business of providing surface logistics and parcel delivery across 28 states in india. Vrl logistics ipo update pat cagr of 19% fy1014 source. Vrl logistics has filed draft papers with the market regulator sebi to. The name of the company was changed to vrl logistics limited. Read more about vrl logistics ipo subscribed 74 times on business standard.
Vrl logistics received overwhelming response to its ipo with an oversubscription of nearly 74 times. Find out vrl logistics ipo issue price, subscription dates and. Get the latest news on upcoming ipos and performance of all iposfpos in india. Draft red herring prospectus in relation to itself in connection with the offer for sale and the equity shares offered by it in the offer for sale. Karnataka based vrl logistics limited ipo would hit the market on 15th april, 2015. This is nsrs first investment in the logistics and transportation sector. Ive been a long time user of their buses, travelling between bangalore and mangalore during. Vrl logistics limited 34th annual report 201617 4 7. The company became a deemed public limited company with effect from july 1, 1994. Vrl logistics is one of the leading panindia surface logistics and parcel delivery service providers. Draft red herring prospectus please read section 60b.
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