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VRL Logistics Ltd IPO (VRL Logistics IPO) Detail

April 15, 2015 - April 17, 2015

VRL Logistics IPO is a book built issue of Rs 473.88 crores.

VRL Logistics IPO bidding started from April 15, 2015 and ended on April 17, 2015. The shares got listed on BSE, NSE on April 30, 2015.

VRL Logistics IPO price band is set at ₹195 to ₹205 per share. The minimum lot size for an application is 65 Shares. The minimum amount of investment required by retail investors is ₹13,325.

Hsbc Securities & Capital Markets Pvt Ltd and ICICI Securities Limited are the book running lead managers of the VRL Logistics IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to VRL Logistics IPO RHP for detailed information.

VRL Logistics IPO Details

IPO Date April 15, 2015 to April 17, 2015
Listing Date April 30, 2015
Face Value ₹10 per share
Price Band ₹195 to ₹205 per share
Lot Size 65 Shares
Total Issue Size23,116,000 shares
(aggregating up to ₹473.88 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

VRL Logistics IPO Reservation

VRL Logistics IPO offers 16,269,006 shares. 4,711,006 (28.96%) to QIB, 3,467,400 (21.31%) to NII, 8,090,600 (49.73%) to RII. 124,470 RIIs will receive minimum 65 shares and (sNII) and (bNII) will receive minimum 1,040 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered4,711,006 (28.96%)NA
NII (HNI) Shares Offered3,467,400 (21.31%)
Retail Shares Offered8,090,600 (49.73%)124,470
Total Shares Offered16,269,006 (100%)

VRL Logistics IPO Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About VRL Logistics Ltd

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)
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 (VRL Logistics IPO Objectives)

The object of the issue are to:

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

VRL Logistics IPO Review (May apply)

[Dilip Davda]  

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 April 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)

VRL Logistics IPO Prospectus

VRL Logistics IPO Rating

Rating:Rated 4.0 stars
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VRL Logistics IPO Listing Details

Listing Date April 30, 2015
BSE Script Code 539118
ISIN INE366I01010
Final Issue Price ₹205 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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VRL Logistics Ltd Contact Details

VRL Logistics Ltd
R.S. No. 351/1, Varur Post Chabbi Taluk Hubli,
District Dharwad,
Hubballi 581 207, Karnataka
Phone: +91 836 2237 607

VRL Logistics IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

VRL Logistics IPO - Buy or Not

VRL Logistics IPO Recommendation Summary

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

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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 April 15, 2015, and closes on April 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 April 15, 2015 and closes on April 17, 2015.

VRL Logistics IPO lot size is 65 Shares, and the minimum amount required is ₹13,325.

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, Nuvama, 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 April 30, 2015.
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VRL Logistics IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



647. EBERAJU |   Link |  Bookmark |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 |  Bookmark |May 21, 2015 9:51:34 AM
good move
645. Sunil P |   Link |  Bookmark |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 |  Bookmark |May 15, 2015 12:25:57 AM
Vrl sell @289 should i wait or reenter at current price.
643. EBERAJU |   Link |  Bookmark |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 |  Bookmark |May 14, 2015 9:18:18 PM
friends when Will this market condition change?
641. gvsahu |   Link |  Bookmark |May 13, 2015 9:49:22 AM
WHAT TO DO....shall i hold or sell at current price
640. pinkyjain |   Link |  Bookmark |May 13, 2015 12:49:00 AM
Sell vrlllllllll jaldi stock will crashhhh
639. EBERAJU |   Link |  Bookmark |May 12, 2015 10:11:31 PM
No comments.
today.s price decreased to Rs.18.
638. EBERAJU |   Link |  Bookmark |May 10, 2015 10:38:13 PM
oh. really.
how come?
638.1. pragjee |   Link |  Bookmark |May 11, 2015 11:36:09 AM

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 |  Bookmark |May 10, 2015 11:07:27 AM (1100+ Posts, 500+ Likes)
It has run out of steam ..... so , may fall back to Rs 250 soon .... beware ...!
636. EBERAJU |   Link |  Bookmark |May 8, 2015 12:16:32 AM
Why it will not go 300+ ?
635. pinkyjain |   Link |  Bookmark |May 6, 2015 1:23:50 AM
Vrl sell at 300 it will not go above 300. Sellllll
634. IPO GRUP |   Link |  Bookmark |May 6, 2015 12:13:20 AM
cross 100 % end of this week
633. IPO GRUP |   Link |  Bookmark |May 6, 2015 12:08:23 AM
100% cross wait mr. 3/4 days
632. amit rajput |   Link |  Bookmark |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 |  Bookmark |May 5, 2015 10:15:19 AM
IT will not cross 300 next 3 month
631.1. EBERAJU |   Link |  Bookmark |May 5, 2015 10:36:57 PM
if it cross? ?
631.2. P K |   Link |  Bookmark |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 |  Bookmark |May 4, 2015 10:53:35 PM
629. Jayesh Patel |   Link |  Bookmark |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 |  Bookmark |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