The company became a deemed public limited company with effect from july 1, 1994. 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. It contains information about the companys financial status, business plan, recent performance, contingent obligations, and other operating and financial matters. Tiger logistics india limited is an industry leader in handling and successfully executing. Jan 23, 2018 vrl logistics is the fourth company to hit the capital market with an ipo this year. Vrl logistics history vrl logistics information the. The companys operational infrastructure comprises 624 branches, 346 agencies and 48 branches across india. The year gone by presented many challenges and we had to work hard to overcome these. 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. At ipo central, we are not big fans of the immediate returnslosses a new listing makes on the listing day. Though profits for 20 and 2014 are low, vrl logistics ipo looks promising. Find ipo date, price, live subscription, allotment, grey market premium gmp, listing date, analysis and.
Get the latest news on upcoming ipos and performance of all iposfpos in india. It depends on factors like the demand ipo oversubscription, the market situation on the day of listing, issue size etc. 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. Vrl logistics announcements business standard news page 1. Keep track on current, forthcoming and closed ipos at indiainfoline. In retrospect, the logistics firms ipo came at a time when the markets are heading to new highs. Vrl logistics announcements, vrl logistics updates and more at business standard news.
Vrl logistics limited 34th annual report 201617 4 7. The details of unclaimed dividend and ipo share application money. References to any legislation, act, regulation, rules, guidelines or policies shall be to such legislation, act, regulation, rules. Price on page 110 of this red herring prospectus should not be taken. Vrl is largest and leading traportation and logistics company in india. While inox winds public issue received a strong response from investors, adlabs entertainment and ortel. Vrl logistics files draft paper with sebi for ipo the hindu. Company, phillipcapital india research the company has shown a pat cagr growth of 19% over fy10fy14. The offer contained in this prospectus is an initial public offering to acquire fully paid ordinary shares. Vrl logistics ipo 30days listing report ipo central.
Vrl is primarily engaged in the goods transportation and logistics services business. Application noprotected transaction id9605 dp ac noprotected i have applied for vrl ipo but as the shares are not allotted the refund of rs. This is the initial public offering of our ordinary shares the shares. Vrl logistics ipo listing day gains are highly unpredictable as depends on many factors on the day listing. Vrl logistics has filed draft papers with the market regulator sebi to.
Tiger logistics provides a comprehensive suite of air logistics solutions to customers throughout th. Ipo note call toll free 18004258282 vrl logistics limited. The initial public offer ipo of vrl logistics opens for bidding through the book building route on 15 april 2015. Page 1 by continuing to use this site you consent to the use of cookies on your device as described in. Business operations of vrl group include road transportation, logistics, publishing etc. 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. Vrl has investedhugeamountsin technologyto keepabreast of the latest market trends and has continuously upgraded its technology. 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 received overwhelming response to its ipo with an oversubscription of nearly 74 times. 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. Read more about vrl logistics ipo subscribed 74 times on business standard. Private equity firm new silk route has invested rs 175 crore in vrl logistics ltd, a company based in hubli, karnataka. All content on is for your general information and use only and is not intended to address your particular requirements. Icici prudential life insurance company limited ipo red herring prospectus.
Karnataka based vrl logistics limited ipo would hit the market on 15th april, 2015. Apr 17, 2015 yes, definitely vrl logicstics is a very good investment. 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 soon expanded its service to bangalore, hubli and belgaum. Draft red herring prospectus please read section 60b. Matters beginning on page 128 of this draft red herring prospectus. 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 ltd ipo allotment status is not available at this time. The company owned and operated the largest fleet of commercial vehicles in the private sector in india. Volumes slow, cost rise august 02, 2016 prabhudas lilladher pvt. Vrl is largent and service oriented company in passenger traportation and travel industry. Vrl logistics will hit the capital markets on wednesday with an estimated rs 468crore initial public offer ipo.
About vrl logistics ltd company information capitalmarket. 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 is the fourth company to hit the capital market with an ipo this year. After the successful ipo, the shares of the company are listed on the bse and nse with effect. 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. Project on logistics management in vrl logistics by. Vrl logistics ipo allotment status indian share broker. Tiger logistics is a provider of integrated and flexible ocean freight services in an everchanging. Logistics is the backbone of the economy, providing the efficient, cost effective flow of goods on which other commercial sectors depend.
Vrl logistics limited formerly vijayanand roadlines ltd. 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. Check out the share price of blue dart now and where it was 5 years ago. Pnc infratech ipo details ipo date, price, gmp, analysis. Find information on red herring prospectus, red herring prospectus india, draft red herring. 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. Description vrl logistics is one of the leading panindia surface logistics and parcel delivery service providers. Vijay sankeshwar, vrl logistics vrl is one of the leading pan india surface logistics and parcel delivery service provider. 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. While inox winds public issue received a strong response from investors, adlabs entertainment and. Company or the issuer vrl logistics limited, a public limited company incorporated under the companies act, 1956.
The initial public offering of transport firm vrl logistics has received overwhelming response as the issue oversubscribed 74. 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. The definitive proxy statement prospectus and supplement can also be obtained, without charge, at the securities and exchange commissions internet site. Within a short span of time we have emerged as the largest fleet owner of commercial vehicles in indias private sector. Vrl logistics is one of the leading panindia surface logistics and parcel delivery service providers. Though profits for 20 and 2014 are low, vrl logistics ipo. Icici prudential ipo track record pdf, 46kb icici prudential life insurance company limited ipo draft red herring prospectus. The price band for the ipo has been set at rs 195 to rs 205 a share.
The name of the company was changed to vrl logistics limited. Till date the refund money not received in my bank ac. New issue market free download as powerpoint presentation. Vrl logistics limited has completed one year since its successful listing. Vrl logistics ipo update pat cagr of 19% fy1014 source. Todays complex supply chain demands more valueadded functions including labelling, procurement, vendor management, subassembly, and merge intransit. Krchoksey has come out with its report on vrl logistics ipo. Apr 09, 2015 vrl logistics limited ipo should you invest. Vrl logistics ipo a top draw, subscribed over 74 times. Vrl logistics ipo subscribed 74 times business standard. Apr 16, 2015 vrl logistics is the fourth company to hit the capital market with an ipo this year. The issue opens on wednesday and will close on april 17, 2015, making vrl. After all, logistics and ecommerce are the main driving factors of indian economy.
Find out vrl logistics ipo issue price, subscription dates and. 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 details vrl is actually vijayanand roadlines, and is a company close to where i live bangalore. Which provides general parcel and priority parcel delivery courier and fulltruckload ftl. Vrl logistics ltd is in the business of providing surface logistics and parcel delivery across 28 states in india. Apr 15, 2015 vrl logistics will hit the capital markets on wednesday with an estimated rs 468crore initial public offer ipo. Vrl logistics raises pe funding from new silk route vccircle. Vrl logistics ltd is one of the leading logistics service providers in the country. Vrl logistics limited will be held on saturday, 10th august 2019 at. Tentative dates of vrl logistic allotment is 27042015, refund on 28042015, listing on 04052015.
This is nsrs first investment in the logistics and transportation sector. Vrl logistics ipo a top draw, subscribed over 74 times the. 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. 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. The details of unclaimed dividend and ipo share application money along with their due dates for transfer to iepf is provided. 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. 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.
Vrl logistics ipo opens on 15 april 2015 business standard news. The company owned and operated the largest fleet of commercial vehicles in the private sector. Articles or articles of association the articles of association of the company, as amended. The stock had debuted at a premium of 68% to the ipo price.
Ive been a long time user of their buses, travelling between bangalore and mangalore during. Get the latest vrl logistics management information and corporate updates at iifl. The ipo allotment is expected to take place within 2 weeks of the closing of the ipo. The shareholding pattern page of vrl logistics ltd. Sebi validates the ipo prospectus to make sure the information furnished is true. Vrl logistics shareholding pattern the economic times. Rhp deferred tax credit for the year 201112 includes reversal of deferred tax liability of rs. Vrl is currently the largest fleet owner of commercial vehicles in india with a fleet size of 3546 owned vehicles. No need to issue cheques by investors while subscribing to ipo. The overall economy remained sluggish during the year.
Vrl also has an online cargo tracking system, which helps customers in locating movement of parcels on a real time basis as also an onlinesystemforbookingofticketsforpassengertravel. 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. 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. For the year ending march 2019, vrl logistics has declared an equity dividend of 55. 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. Consequently, operators are exposed to ever greater risks as they are asked to accept more onerous liabilities, such as fullvalue contracts.
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