Vrl is currently the largest fleet owner of commercial vehicles in india with a. The ipo allotment is expected to take place within 2 weeks of the closing of the ipo. Vrl logistics is the fourth company to hit the capital market with an ipo this year. Matters beginning on page 128 of this draft red herring prospectus. The rs 460 crore initial public offering ipo of vrl logistics was oversubscribed 74 times, led by strong demand from all category of investors. Vrl logistics fared very well on this front with pricing the issue at a discount to its listed peers like gati and transport corporation of india. Vrl logistics stockshare prices, vrllog live bsense. The companys operational infrastructure comprises 624 branches, 346 agencies and 48 branches across india. Private equity firm new silk route has invested rs 175 crore in vrl logistics ltd, a company based in hubli, karnataka. Vrl is largent and service oriented company in passenger traportation and travel industry.
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. Price on page 110 of this red herring prospectus should not be taken to be indicative of the market price. The company became a deemed public limited company with effect from july 1, 1994. 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. View vrl logistics ltd bonus history ratio, bonus record date, bonus ex date. Vrl logistics ltd bonus issue bonus history capital market. This is an initial public offering of shares of class a common stock of virtu financial, inc. Initial public offeringipo is where a previously unlisted company sells new or. Business operations of vrl group include road transportation, logistics, publishing etc. Project on logistics management in vrl logistics by. Till date the refund money not received in my bank ac. Read expert opinions, top news, insights and trends on the economic times.
For our latest share performance please visit sgx website. Netlink nbn trust, which owns 100% of the units in netlink trust, has a nationwide network that is the foundation of singapores next generation nationwide broadband network next gen nbn, over which ultrahighspeed internet access is delivered throughout mainland singapore and its connected islands. Vrl logistics limited has completed one year since its successful listing. Articles of association of ritco logistics limited as amended from time to time. At ipo central, we are not big fans of the immediate returnslosses a new listing makes on the listing day. Vrl logistics ipo subscribed 74 times business standard. Apr 15, 2015 vrl logistics will hit the capital markets on wednesday with an estimated rs 468crore initial public offer ipo. Vrl logistics live bsense vrl logistics fundamenta data. Vrl logistics ipo allotment status indian share broker. The year gone by presented many challenges and we had to work hard to overcome these.
Vrl is largest and leading traportation and logistics company in india. Vrl logistics limited track record file icici prudential ipo track record pdf, 46kb icici prudential life insurance company limited ipo draft red herring prospectus. All content on is for your general information and use only and is not intended to address your particular requirements. The asiafocused private equity and growth capital firm. Apr 10, 2018 vrl logisticss margin has contracted in the past five years, with average revenue growth of 7. Vrllogisticsltd stockshare prices, buy and sell vrl. Vrl logistics is one of the leading panindia surface logistics and parcel delivery service providers. After all, logistics and ecommerce are the main driving factors of indian economy. Apr 16, 2015 vrl logistics is the fourth company to hit the capital market with an ipo this year. Vrl logistics price band of inr195205 per share came at the pe range of 1718 times, compared to pe multiples in excess of 20 for its competitors. Vrl logistics ltd vrl is one of the leading panindia surface logistics. Shares ended the day 42% above the issue price of inr205 per share and even though there was no retail discount, small investors had no. Vrl logistics stock price, share price, live bsense, buy. This is nsrs first investment in the logistics and transportation sector.
A formal legal document describing the details of the company is. Vrl logistics will hit the capital markets on wednesday with an estimated rs 468crore initial public offer ipo. Decision on to buy or sell vrllogisticsltd nse stocks gets more clarity after reading these charts. The company owned and operated the largest fleet of commercial vehicles in the private sector. Meaning, process, recent ipos, factors considered, example. Vrl logistics raises pe funding from new silk route vccircle. Vrl logistics limited in gautam buddha nagar, noida.
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. 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. Though profits for 20 and 2014 are low, vrl logistics ipo looks promising. The details of unclaimed dividend and ipo share application money. 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. Yes, definitely vrl logicstics is a very good investment.
Prior to this offering, there has been no public market for the class a common stock. Vrl logistics files draft paper with sebi for ipo the. Tentative dates of vrl logistic allotment is 27042015, refund on 28042015, listing on 04052015. Logistics is the backbone of the economy, providing the efficient, cost effective flow of goods on which other commercial sectors depend. Check out the share price of blue dart now and where it was 5 years ago. Vrl is currently the largest fleet owner of commercial vehicles in india with a fleet size of 3546 owned vehicles. Read more about vrl logistics ipo subscribed 74 times on business standard. Ive been a long time user of their buses, travelling between bangalore and mangalore during. Apr 17, 2015 yes, definitely vrl logicstics is a very good investment.
The details vrl is actually vijayanand roadlines, and is a company close to where i live bangalore. Vrl logistics limited in gautam buddha nagar, noida 2. Apr 24, 2012 private equity firm new silk route has invested rs 175 crore in vrl logistics ltd, a company based in hubli, karnataka. 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. Vrl logistics limited 34th annual report vrl group. Karnataka based vrl logistics limited ipo would hit the market on 15th april, 2015. Vrl logistics lists at 40% premium to offer price business. Vrl, leading transportation and logistics company, plans to hit the capital market with a fresh issue of equity shares worth rs 142 crore and an offer for sale of up to 1.
Vrllogisticsltd stockshare prices and its price vs volume charts at axisdirect helps you gauge return on equity, debtequity ratio and other critical parameters. Vrl logistics ipo a top draw, subscribed over 74 times the. Vrl is primarily engaged in the goods transportation and logistics services business. While inox winds public issue received a strong response from investors, adlabs entertainment and ortel.
In making an investment decision, each investor must rely on its own examination. Vrl logisticss margin has contracted in the past five years, with average revenue growth of 7. All of the 16,565,714 shares of class a common stock being offered are being sold by the company. Vrl logistics ltd is in the business of providing surface logistics and parcel delivery across 28 states in india. Vrl logistics ipo 30days listing report ipo central. 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. The details of unclaimed dividend and ipo share application money along with their due dates for transfer to iepf is provided. Vrl is largent and service oriented company in passenger traportation and travel industry cin. It also captures the holding period returns and annual returns. The details of unclaimed dividend and ipo share application money alongwith their. Vrl logistics capital structure the economic times.
Volumes slow, cost rise august 02, 2016 prabhudas lilladher pvt. Vrl logistics ltd ipo allotment status is not available at this time. Vrl logistics limited 34th annual report 201617 4 7. Vrl logistics red herring prospectus vrl logistics limited track record file. U60221dl2001plc112167 our company was originally incorporated as ritco logistics private limited on august 23, 2001 vide registration certificate no. 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. What should investors know about vrl logistics limiteds nse. Prior to making any decision as to whether to invest in the shares, prospective investors should read this document in its entirety.
The name of the company was changed to vrl logistics limited and a fresh certificate of. 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. Krchoksey has come out with its report on vrl logistics ipo. Application noprotected transaction id9605 dp ac noprotected i have applied for vrl ipo but as the shares are not allotted the refund of rs. Industry composite comprises of mahindra logistics limited, vrl logistics limited, transport. The issue opens on wednesday and will close on april 17, 2015, making vrl. The grade indicates that the fundamentals of the issue are below. Get vrl logistics buy sell tips by experts including news, detailed information, profit and loss account and more. The overall economy remained sluggish during the year. 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. The research firm has recommended to subscribe to the issue. Jan 23, 2018 vrl logistics is the fourth company to hit the capital market with an ipo this year.
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