VRL Logistics Ltd IPO (VRL Logistics IPO) Detail

Apr 15, 2015 - Apr 17, 2015

VRL Logistics Ltd (VRL) is one of the leading pan-India surface logistics and parcel delivery service provider. It owns and operates the largest fleet of commercial vehicles in the private sector in India. VRL provides general parcel and priority parcel delivery (less than truckload services, "LTL"), courier and full-truckload ("FTL") services through its widespread transportation network in 28 States and four Union Territories across India. Company's operational infrastructure for the goods transportation business as of December 31, 2014 comprised 624 branches (comprising 604 leased branches and 20 owned branches) and 346 agencies across India, and of such 624 branches, 48 (41 leased branches and seven owned branches) served as strategic transshipment hubs for operations.

VRL's 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. The company operates through a hub-and-spoke operating model which enables to transport various parcel sizes and provide its customers with access to multiple destinations for booking and delivery of goods. Its extensive network enables the company to provide "last mile" connectivity to even remote areas in India.

Company Promoters:

The promoters of the company are:

1. Dr. Vijay Sankeshwar and
2. Mr. Anand Sankeshwar

Company Financials:

ParticularsFor the year/period ended (in Rs. Million)
31-Dec-1431-Mar-1431-Mar-1331-Mar-1231-Mar-1131-Mar-10
Total Income12,793.8015,037.7713,353.2411,352.788,929.157,146.13
Profit After Tax (PAT)716.90571.76457.03767.22516.64287.54

Objects of the Issue:

The object of the issue are to:

1. Purchase of goods transportation Vehicles;
2. Repayment/pre-payment of certain borrowings.

VRL Logistics IPO Details

IPO Opening DateApr 15, 2015
IPO Closing DateApr 17, 2015
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹195 to ₹205 per equity share
Market Lot65 Shares
Min Order Quantity65 Shares
Listing AtBSE, NSE
Issue Size23,116,000 Eq Shares of ₹10
(aggregating up to ₹473.88 Cr)

VRL Logistics IPO Lot Size

The VRL Logistics IPO market lot size is 65 shares. A retail-individual investor can apply for up to 15 lots (975 shares or ₹199,875).

ApplicationLotsSharesAmount (Cut-off)
Minimum165₹13,325
Maximum15975₹199,875

VRL Logistics IPO Subscription Status (Bidding Detail)

The VRL Logistics IPO is subscribed 74.26x times on Apr 17, 2015 17:00. The public issue subscribed 7.92x in the retail category, 58.22x in the QIB category, and 250.86x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

58.22x

NII

250.86x

RII

7.92x

Total

74.26x

VRL Logistics IPO Prospectus

VRL Logistics IPO Rating

1135
4.0
Rating:Rated 4.0 stars

Vote Here ...

VRL Logistics IPO Listing Date

Listing DateThursday, April 30, 2015
BSE Script Code539118
NSE SymbolVRLLOG
Listing InB Group of Securities
ISININE366I01010
IPO Price₹205 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹205.00
₹288.00
₹281.00
₹309.10
₹293.30
7,108,614
NSE
₹205.00
₹288.00
₹286.00
₹309.00
₹294.10
22,868,893

VRL Logistics IPO Reviews / Ratings

  • Aditya Birla Ltd - Apply
  • Angel Broking - Apply
  • BP Equities (BP Wealth) - Apply
  • Dilip Davda - May apply
  • GEPL Capital Ltd - Apply
  • Hem Securities - Apply
  • India Infoline Ltd - Apply
  • KR Choksey Securities Ltd - Apply
  • SPA Financial Advisor Ltd - Apply

Company Contact Information

VRL Logistics Ltd
R.S. No. 351/1, Varur Post Chabbi Taluk Hubli,
District Dharwad,
Hubballi 581 207, Karnataka

Phone: +91 836 2237 607
Email: investors@vrllogistics.com
Website: http://www.vrlgroup.in

VRL Logistics IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: vrl.ipo@karvy.com
Website: https://karisma.kfintech.com/

VRL Logistics IPO FAQs

  1. What is VRL Logistics IPO?

    VRL Logistics IPO is a main-board IPO of 23,116,000 equity shares of the face value of ₹10 aggregating up to ₹473.88 Crores. The issue is priced at ₹195 to ₹205 per equity share. The minimum order quantity is 65 Shares.

    The IPO opens on Apr 15, 2015, and closes on Apr 17, 2015.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When VRL Logistics IPO will open?

    The VRL Logistics IPO opens on Apr 15, 2015 and closes on Apr 17, 2015.

  3. What is the lot size of VRL Logistics IPO?

    VRL Logistics IPO lot size is 65 Shares and the minimum order quantity is 65 Shares.

  4. How to apply for VRL Logistics IPO?

    You can apply in VRL Logistics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When VRL Logistics IPO allotment?

    The finalization of Basis of Allotment for VRL Logistics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the VRL Logistics IPO allotment status.

  6. When is VRL Logistics IPO listing date?

    The VRL Logistics IPO listing date is on Thursday, April 30, 2015.

VRL Logistics IPO Message Board

Ranked Members  Ranked Members

Loading...
647. EBERAJU |May 30, 2015 07:33
Mr. pragjee .

It crossed beyond 300.

Now what you say about the great VRL Logistics
646. rakesh ahuja |May 21, 2015 09:51
good move
645. Sunil P |May 21, 2015 02:24
While most of us agreed VRL is good for mid and long term, many sold it. For the rest still holding , good news in next few days.
644. mohit dua |May 15, 2015 00:25
Vrl sell @289 should i wait or reenter at current price.
643. EBERAJU |May 14, 2015 21:20
friends my opinion is not to sell.
becaits moving with the market.

nifty and sensex.

Thus. hold on to watch its increase and sell at right time
642. EBERAJU |May 14, 2015 21:18
friends when Will this market condition change?
641. gvsahu |May 13, 2015 09:49
WHAT TO DO....shall i hold or sell at current price
640. pinkyjain |May 13, 2015 00:49
Sell vrlllllllll jaldi stock will crashhhh
639. EBERAJU |May 12, 2015 22:11
Friends.
No comments.
today.s price decreased to Rs.18.
638. EBERAJU |May 10, 2015 22:38
oh. really.
how come?
638.1. pragjee |May 11, 2015 11:36
Mr. EBERAJU

How and on what basis you are predicting that there will be massive increase in price of VRl? however, still its hovering around 280 except on listing day it has crossed 300. Please let us know too
637. CHD |May 10, 2015 11:07
IPO Guru IPO Guru (1100+ Posts, 400+ Likes)
It has run out of steam ..... so , may fall back to Rs 250 soon .... beware ...!
636. EBERAJU |May 8, 2015 00:16
Why it will not go 300+ ?
635. pinkyjain |May 6, 2015 01:23
Vrl sell at 300 it will not go above 300. Sellllll
634. IPO GRUP |May 6, 2015 00:13
cross 100 % end of this week
633. IPO GRUP |May 6, 2015 00:08
100% cross wait mr. 3/4 days
632. amit rajput |May 5, 2015 23:58
Becamkt go down all mkt going down FII start sell they sell 6900 crore in last two week
631. amit rajput |May 5, 2015 10:15
IT will not cross 300 next 3 month
631.1. EBERAJU |May 5, 2015 22:36
if it cross? ?
631.2. P K |May 20, 2015 23:16
amit ji aage se bina knowledge ke comment nahi karna , isse immaturity show hoti hai , vrl aaj 303/- ko cross kar gaya hai , what you want to say now ?
630. IPO GRUP |May 4, 2015 22:53
KOI ANALIST OR
629. Jayesh Patel |May 4, 2015 22:10
muje abtak refund nahi mila to complain karni hai to kaha karu
anyone please tell me
628. HUM |May 4, 2015 20:22
hold vrl logistics for tgt of 325 in coming days,then it should sustain for these levels for few days for fresh buyers who can take it to 350+ levels







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