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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 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

VRL Logistics IPO Date Apr 15, 2015 to Apr 17, 2015
VRL Logistics IPO Face Value ₹10 per share
VRL Logistics IPO Price ₹195 to ₹205 per share
VRL Logistics IPO Lot Size 65 Shares
Issue Size23,116,000 shares of ₹10
(aggregating up to ₹473.88 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

The promoters of the company are:

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

VRL Logistics IPO Lot Size

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

Application Lots Shares Amount
Retail (Min) 1 65 ₹13,325
Retail (Max) 15 975 ₹199,875

VRL Logistics IPO Review

However, considering its track record and the prospects ahead with sliding fuel prices, it appears promising investment option.

DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.

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VRL Logistics IPO Subscription Status (Bidding Detail)

The VRL Logistics IPO is subscribed 74.26 times on Apr 17, 2015 5:00:00 PM. The public issue subscribed 7.92 times in the retail category, 58.22 times in the QIB category, and 250.86 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB58.22
NII250.86
Retail7.92
Total74.26

VRL Logistics IPO Prospectus

VRL Logistics IPO Rating

1135
4.0
Rating:Rated 4.0 stars
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VRL Logistics IPO Listing Date

Listing Date Thursday, April 30, 2015
BSE Script Code 539118
NSE Symbol VRLLOG
Listing In B Group of Securities
ISIN INE366I01010
IPO Price ₹205 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹205.00
₹288.00
₹281.00
₹309.10
₹293.30
NSE
₹205.00
₹288.00
₹286.00
₹309.00
₹294.10

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

KFin Technologies Limited

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

VRL Logistics IPO Review

VRL Logistics IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 9 0 0
Members 0 0 0

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IPO Broker Recommendations

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VRL Logistics IPO FAQs

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 share. The minimum order quantity is 65 Shares.

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

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

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

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

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.

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.

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

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1043 Comments

647. EBERAJU |   Link |May 30, 2015 7:33:13 AM
Mr. pragjee .

It crossed beyond 300.

Now what you say about the great VRL Logistics
646. rakesh ahuja |   Link |May 21, 2015 9:51:34 AM
good move
645. Sunil P |   Link |May 21, 2015 2:24:37 AM
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 |   Link |May 15, 2015 12:25:57 AM
Vrl sell @289 should i wait or reenter at current price.
643. EBERAJU |   Link |May 14, 2015 9:20:37 PM
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 |   Link |May 14, 2015 9:18:18 PM
friends when Will this market condition change?
641. gvsahu |   Link |May 13, 2015 9:49:22 AM
WHAT TO DO....shall i hold or sell at current price
640. pinkyjain |   Link |May 13, 2015 12:49:00 AM
Sell vrlllllllll jaldi stock will crashhhh
639. EBERAJU |   Link |May 12, 2015 10:11:31 PM
Friends.
No comments.
today.s price decreased to Rs.18.
638. EBERAJU |   Link |May 10, 2015 10:38:13 PM
oh. really.
how come?
638.1. pragjee |   Link |May 11, 2015 11:36:09 AM
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 |   Link |May 10, 2015 11:07:27 AM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
It has run out of steam ..... so , may fall back to Rs 250 soon .... beware ...!
636. EBERAJU |   Link |May 8, 2015 12:16:32 AM
Why it will not go 300+ ?
635. pinkyjain |   Link |May 6, 2015 1:23:50 AM
Vrl sell at 300 it will not go above 300. Sellllll
634. IPO GRUP |   Link |May 6, 2015 12:13:20 AM
cross 100 % end of this week
633. IPO GRUP |   Link |May 6, 2015 12:08:23 AM
100% cross wait mr. 3/4 days
632. amit rajput |   Link |May 5, 2015 11:58:28 PM
Becamkt go down all mkt going down FII start sell they sell 6900 crore in last two week
631. amit rajput |   Link |May 5, 2015 10:15:19 AM
IT will not cross 300 next 3 month
631.1. EBERAJU |   Link |May 5, 2015 10:36:57 PM
if it cross? ?
631.2. P K |   Link |May 20, 2015 11:16:27 PM
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 |   Link |May 4, 2015 10:53:35 PM
KOI ANALIST OR
629. Jayesh Patel |   Link |May 4, 2015 10:10:50 PM
muje abtak refund nahi mila to complain karni hai to kaha karu
anyone please tell me
628. HUM |   Link |May 4, 2015 8:22:55 PM
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