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 Company became a deemed public limited company with effect from July 1, 1994.
Pursuant to a Special resolution passed by the shareholders in an Extraordinary General
Meeting held on February 14, 1997, the Status of the Company was changed from a deemed
public limited company to a public limited company. 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 yhe Registrar of Companies, Kamataka on August 25, 2006.
For changes in the Company's name and registered office see 'History and Certain
Corporate Matters' on page 183 of the Prospectus). The corporate identity number of
the Company is U60210KA1983PLC005247.
Registered Office: R.S. No. 351/1, Varur Post Chabbi Taluk Hubli,
District Dharwad, Hubballi 5814 207, Karnataka, India; Telephone;
+91 836 2237 607; Facsimile: 91 836 2237 614; Corporate Office:
Giriraj Annexe, Circuit House Road, Hubballi 580 029, Karnataka, India; Telephone:
+91 836 2237 511; Facsimile:+91 836 2256 612; Contact Person and
Compliance Officer: Mr.AniruddhaA. Phadnavis Email: investors@vrllogistics.com Website: www.vrigroup.in
BASIS OF ALLOTMENT
The Equity Shares are proposed to be listed on the BSE Limited
('BSE') and the National Stock Exchange of India Limited ('NSE') and
the trading will commerce on or about April 30, 2015.
PUBLIC ISSUE OF UP TO 22,823,333 EQUITY SHARES OF FACE VALUE OF RS.10 EACH
('EQUITY SHARES') OF VRL LOGISTICS LIMITED ('COMPANY' OR
'ISSUER') FOR CASH AT A PRICE OF RS.205 PER EQUITY SHARE (INCLUDING A SHARE
PREMIUM OF RS.195 PER EQUITY SHARE) AGGR EGATING UP TO RS 4,679 MILLION CONSISTING OF A
FRESH ISSUE OF 5,707,333 EQUITY SHARES AGGREGATING TO RS. 1,170 MILLION (THE 'FRESH
ISSUE') AND AN OFFER FOR SALE OF UP TO 17,116,000 EQUITY SHARES BY THE SELLING
SHAREHOLDERS CONSISTING OF AN OFFER OF UP TO (I) 14,550,000 EQUITY SHARES BY NSR-PE
MAURITIUS LLC, (II) 1,283,000 EQUITY SHARES BY DR. VIJAY SANKESHWAR AND (III) 1,283,000
EQUITY SHARES BY MR. ANAND SANKESHWAR AGGREGATING UP TO RS.3,509 MILLION (THE 'OFFER
FOR SALE' AND TOGETHER WITH THE FRESH ISSUE, THE 'ISSUE'). THE ISSUE WILL
CONSTITUTE 25.01% OF THE FULLY DILUTED POST-ISSUE PAID-UP EQUITY SHARE CAPITA1 OF THE
COMPANY.
ISSUE PRICE : RS.205 PER EQUITY SHARE OF FACE VALUE OF RS.10
EACH.
THE ISSUE PRICE IS RS.20.5 TIMES THE FACE VALUE.
ANCHOR INVESTOR ISSUE PRICE: RS.205 PER EQUITY SHARE.
BID/ISSUE: OPENED ON WEDNESDAY, APRIL 15, 2015 * CLOSED ON
FRIDAY, APRIL 17, 2015 ANCHOR INVESTOR BIDDING DATE : MONDAY, APRIL 13, 2015
Tha Issue is being made in terms af Rule 19(2)(b) of the Securities Contracts
(Regulation) Rules, 1957, as amended ('SCRR') read with
Regulation 41 of the SEBI Regulations, and through a 100% Book Budding Process wherein 50%
of tha Issue shall be allocated on a proportionate basis to Qualified Institutional Buyers
('QIBs') ('QIB Portion'). The
Company and the Selling Shareholders may, in consultation with the GCBRLMs, allocate, up
to 60% of the QIB Portion to Anchor Investors at the Anchor Investor Issue Price on a
discretionary basis in accordance with SEBI Regulations ('Anchor Investor
Portion'). One-third of the Anchor Investor Portion shall be reserved for
allocation to domestic Mutual Funds only, subject to valid Bids being received from
domestic Mutual Funds at or above the Anchor Investor Issue Price. In the event of
under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity
Shares shall be added to the remaining QIB Portion ('Net QIB Portion'). Further,
5% of the Net QIB Portion shall be available for allocation on a proportionate basis to
Mutual Funds only and the remainder of the Net QIB Portion shall be available for
allocation on a proportionate basis, to all QIBs, including Mutual Funds, subject to valid
Bids being received at or above the issue Price. The unsubscribed porton in the Mutual
Fund reservation will be available for allocation to QIBs. Further, not less than 15% of
the Issue shall be available for allocation on a proportionate basis to Non Institutional
Bidders and not less than 35% of the Issue shall be available for allocation on a
proportionate basis to Retail Individual Bidders, subject to valid Bids being received at
or above the Issue Price, all Bidders other than Anchor Investors may participate in this
Issue through an Application Supported by Blocked Amount ('ASBA')
process by providing the details of their respective bank accounts in which the
corresponding Payment Amount will be blocked by the SCSBs. QIBs (except Anchor Investors)
and Non-Institutional Bidders are mandatorily required to utilise the ASBA process to
participate in the Issue. For details, see 'Issue Procedure'
beginning on page 404 of the Prospectus.
The Issue received 550, 723 applications for Equity Shares (prior to technical
rejections) resulting in 52.82 times subscription. The details of the applications
received in the Issue from Retail Individual Bidders, Non-Institutional Bidders, QIBs
excluding Anchor Investors and Anchor Investors are as under (before technical
rejections):
Sl. No. |
Category |
No. of Applications |
No. of Equity Shares |
No. of times Subscription |
A |
Retail Individual Bidders |
550,023 |
63,351,275 |
7.75 |
B |
Non-Institutional Bidders |
535 |
859,451,775 |
251.03 |
C |
Qualified Institutional Buyers, (excluding Anchor Investors) |
141 |
274,258,270 |
60.08 |
D |
Anchor Investors |
24 |
8,399,300 |
1.23 |
|
Total |
550,723 |
1,205,460,620 |
52.82 |
Final Demand
A summary of the final demand at different bid prices is as under:
Bid Price |
No of Equity Shares |
% to Total |
Cumulative Total |
Cumulative % of Total |
195 |
1,208,192,085 |
74.26 |
1,208,162,085 |
9.05 |
196 |
1,207,920,675 |
74.25 |
2,416,082,760 |
18.10 |
197 |
1,207,904,100 |
74.25 |
3,623,986,860 |
27.16 |
198 |
1,207,890,970 |
74.24 |
4,831,877,830 |
36.21 |
199 |
1,207,871,015 |
74.24 |
6,039,748,845 |
45.26 |
200 |
1,207,863,475 |
74.24 |
7,247,612,320 |
54.31 |
201 |
1,207,693,630 |
74.23 |
8,455,305,950 |
63.36 |
202 |
1,207,678,875 |
74.23 |
9,662,984,825 |
72.41 |
203 |
1,207,667,630 |
74.23 |
10,870,652,455 |
81.46 |
204 |
1,207,659,375 |
74.23 |
12,078,311,830 |
90.51 |
205 |
1,207,647,285 |
74.23 |
13,285,959,115 |
99.56 |
CUTOFF |
59,191,405 |
3.64 |
13,345,150,520 |
100.00 |
The Basis of Allotment was finalized in consultation with the Designated Stock
Exchange, being BSE on April 24, 2015.
A. Allocation lo Retail Individual Bidders (After technical rejections)
The Basis of Allotment to the Retail Individual Biddere, who have bid at cut-off or at the
Issue Price of Rs 205 per Equity Share, was finalized in consultation with the Designated
Stock Exchange. This category has been subscribed to the extent of 7.75 times. The total
number of Equity Shares Allotted in Retail Individual Bidders category is 7,988,175 Equity
Shares to 122,895 successful applicants. The category-wise details of the Basis of
Allotment are as under:
Category (No of Equity Shares applied for) |
No.of Applications Received |
% of Total |
Tolal No of Equity Shares applied |
% of Total |
No. of Equity Shares allotted per applicant |
Ratio |
Total No. of
Equity Shares allotted |
65 |
461,008 |
86.66 |
29,965,520 |
48.42 |
65 |
182:797 |
6,842,810 |
130 |
23,744 |
4.41 |
3,086,720 |
4.99 |
65 |
29:127 |
352,430 |
195 |
10,246 |
1.90 |
1,997,970 |
3.23 |
65 |
29:127 |
152,100 |
260 |
7,896 |
1.47 |
2,052,960 |
3.32 |
65 |
29:127 |
117,195 |
325 |
4,106 |
0.76 |
1,334,450 |
2.16 |
65 |
29:127 |
60,970 |
390 |
2,372 |
0.44 |
925,080 |
1.49 |
65 |
29:127 |
35,230 |
455 |
4,986 |
0.93 |
2,268,630 |
3.67 |
65 |
29:127 |
73,970 |
520 |
3,366 |
0.63 |
1,750,320 |
2.83 |
65 |
29:127 |
49,985 |
585 |
862 |
0.16 |
504,270 |
0.81 |
65 |
29:127 |
12,805 |
650 |
2,064 |
0.36 |
1,341,600 |
2.17 |
65 |
29:127 |
30,615 |
715 |
757 |
0.14 |
541,255 |
0.87 |
65 |
29:127 |
11,245 |
780 |
688 |
0.13 |
536,640 |
0.87 |
65 |
29:127 |
10,205 |
845 |
382 |
0.07 |
322,790 |
0.52 |
65 |
29:127 |
5,655 |
910 |
804 |
0.15 |
731,640 |
1.18 |
65 |
29:127 |
11,895 |
975 |
14,895 |
2.77 |
14,522,625 |
23.47 |
65 |
29:127 |
221,065 |
TOTAL |
538,176 |
100.00 |
61,882,470 |
100.00 |
|
|
7,988,175 |
B. Allocation to Non-Institutional Bidders (After lechnical rejections)
The Basis of Allotment to the Non-institutional Bidders, who have bid at the issue
Price of Rs 205 per Equity Share or above, was finalized in consultation with the
Designated StocK Exchange This category has been subscribed to the extent of 251.03 times,
The total number of Equity Shares allotted in this category is 3,423,500 Equily
Shares to 381 successful applicants, The category-wise details of the Basis of Allotment
are as under;
Category (No of Equity Shares applied for) |
No.of
Applications
Received |
% of
Total |
Tolal No of
Equity
Shares applied |
% of Total |
No. of Equity Shares allotted per
applicant |
Ratio |
Total No. of Equity Shares allotted |
1040 |
27 |
5.18 |
28.080 |
0.00 |
65 |
2:27 |
130 |
1105 |
3 |
0.58 |
3,315 |
0.00 |
65 |
1:3 |
65 |
1170 |
1 |
0.19 |
1,170 |
0.00 |
65 |
1:1 |
65 |
1300 |
5 |
0.96 |
6,500 |
0.00 |
65 |
1:5 |
65 |
1365 |
4 |
0.77 |
5,460 |
0.00 |
65 |
1:4 |
65 |
1430 |
5 |
0.96 |
7,150 |
0.00 |
65 |
1:5 |
65 |
1495 |
5 |
0.96 |
7,475 |
0.00 |
65 |
1:5 |
65 |
1560 |
1 |
0.19 |
1,560 |
0 00 |
65 |
1:1 |
65 |
1625 |
3 |
0.58 |
4,875 |
0.00 |
65 |
1:3 |
65 |
1690 |
2 |
0.38 |
3,380 |
0.00 |
65 |
1:2 |
65 |
1755 |
2 |
0.38 |
3,510 |
0.00 |
65 |
1:2 |
65 |
1820 |
1 |
0.19 |
1,820 |
0.00 |
65 |
1:1 |
65 |
1885 |
2 |
0.38 |
3,770 |
0.00 |
65 |
1:2 |
65 |
1950 |
10 |
1.92 |
19,500 |
0.00 |
66 |
1:10 |
65 |
2015 |
3 |
0.58 |
6,045 |
0.00 |
65 |
1:3 |
65 |
2080 |
1 |
0.19 |
2,080 |
0.00 |
65 |
1:1 |
65 |
2145 |
2 |
0.38 |
4,290 |
0.00 |
65 |
1:2 |
65 |
2275 |
1 |
0.19 |
2,275 |
0.00 |
65 |
1:1 |
65 |
2340 |
1 |
0.19 |
2,340 |
0.00 |
65 |
1:1 |
65 |
2405 |
11 |
2.11 |
26,455 |
0.00 |
65 |
2:11 |
130 |
2470 |
6 |
1.15 |
14,820 |
0.00 |
65 |
1:6 |
65 |
2535 |
1 |
0.19 |
2,535 |
0.00 |
65 |
1:1 |
65 |
2600 |
1 |
0.19 |
2,600 |
0.00 |
65 |
1:1 |
65 |
2925 |
8 |
1.54 |
23,400 |
0.00 |
65 |
1:8 |
65 |
2990 |
3 |
0.58 |
8,970 |
0.00 |
65 |
1:3 |
65 |
Category
(No of Equity Shares applied for) |
No.of
Applications
Received |
% of
Total |
Tolal No of
Equity
Shares applied |
% of Total |
No.of Equity Shares allotted per
applicant |
Ratio |
Total No.of Equity Shares allotted |
3120 |
3 |
0.58 |
9,360 |
0.00 |
65 |
1:3 |
65 |
3315 |
1 |
0.19 |
3,316 |
0.00 |
65 |
1:1 |
65 |
3380 |
2 |
0.38 |
6,760 |
0.00 |
65 |
1:2 |
65 |
3510 |
1 |
0.19 |
3,510 |
0.00 |
65 |
1:1 |
65 |
3640 |
4 |
0.77 |
14,560 |
0.00 |
65 |
1:4 |
65 |
3900 |
5 |
0.96 |
19,500 |
0.00 |
65 |
1:5 |
65 |
3965 |
1 |
0.19 |
3,965 |
0.00 |
65 |
1:1 |
65 |
4095 |
2 |
0.38 |
8,190 |
0.00 |
65 |
1:2 |
65 |
4225 |
2 |
0.38 |
8,450 |
0.00 |
65 |
1:2 |
65 |
4290 |
1 |
0.19 |
4,290 |
0.00 |
65 |
1:1 |
65 |
4355 |
1 |
0.19 |
4,355 |
0.00 |
65 |
1:1 |
65 |
4485 |
1 |
0.19 |
4,485 |
0.00 |
65 |
1:1 |
65 |
4550 |
4 |
0.77 |
18,200 |
0.00 |
65 |
1:4 |
65 |
4810 |
1 |
0.19 |
4,810 |
0.00 |
65 |
1:1 |
65 |
4875 |
15 |
2.88 |
73,125 |
0.01 |
65 |
4:15 |
260 |
4940 |
2 |
0.38 |
9,880 |
0.00 |
65 |
1:2 |
65 |
5005 |
8 |
1.54 |
40,040 |
0.00 |
65 |
1:4 |
130 |
5135 |
2 |
0.38 |
10,270 |
0.00 |
65 |
1:2 |
65 |
5200 |
3 |
0.58 |
15,600 |
0.00 |
65 |
1:3 |
65 |
6175 |
4 |
0.77 |
24,700 |
0.00 |
65 |
2:4 |
130 |
6305 |
1 |
0.19 |
6,305 |
0.00 |
65 |
1:1 |
65 |
6500 |
11 |
2.11 |
71,500 |
0.01 |
65 |
4:11 |
260 |
6825 |
1 |
0.19 |
6,825 |
0.00 |
65 |
1:1 |
65 |
6955 |
1 |
0.19 |
6,955 |
0.00 |
65 |
1:1 |
65 |
7150 |
2 |
0.38 |
14,300 |
0.00 |
65 |
1:2 |
65 |
7280 |
5 |
0.96 |
36,400 |
0.00 |
65 |
2:5 |
130 |
7345 |
2 |
0.38 |
14,690 |
0.00 |
65 |
1:2 |
65 |
7800 |
2 |
0.38 |
15,600 |
0.00 |
65 |
1:2 |
65 |
8255 |
1 |
0.19 |
8,256 |
0.00 |
65 |
1:1 |
65 |
8710 |
1 |
0.19 |
8,710 |
0.00 |
65 |
1:1 |
65 |
9100 |
1 |
0.19 |
9,100 |
0.00 |
65 |
1:1 |
65 |
9165 |
1 |
0.19 |
9,165 |
0.00 |
65 |
1:1 |
65 |
9230 |
1 |
0.19 |
9,230 |
0.00 |
65 |
1:1 |
65 |
9750 |
6 |
1.15 |
58,500 |
0.01 |
65 |
4:6 |
260 |
9880 |
1 |
0.19 |
9,880 |
0.00 |
65 |
1:1 |
65 |
9945 |
2 |
0.38 |
19,890 |
0.00 |
65 |
1:2 |
65 |
10010 |
2 |
0.38 |
20,020 |
0.00 |
65 |
1:2 |
65 |
10985 |
2 |
0.38 |
21,970 |
0.00 |
65 |
1:2 |
65 |
11375 |
1 |
0.19 |
11,375 |
0.00 |
65 |
1:1 |
65 |
11570 |
1 |
0.19 |
11,570 |
0.00 |
65 |
1:1 |
65 |
11700 |
1 |
0.19 |
11,700 |
0.00 |
65 |
1:1 |
65 |
12155 |
4 |
0.77 |
48,620 |
0.01 |
65 |
3:4 |
195 |
12220 |
1 |
0.19 |
12,220 |
0.00 |
65 |
1:1 |
65 |
12480 |
1 |
0.19 |
12,480 |
0.00 |
65 |
1:1 |
65 |
13000 |
5 |
0.96 |
65,000 |
0.01 |
65 |
4:5 |
260 |
14625 |
3 |
0.58 |
43,875 |
0.01 |
65 |
1:1 |
195 |
15600 |
1 |
0.19 |
15,600 |
0.00 |
65 |
1:1 |
65 |
15860 |
1 |
0.19 |
15,860 |
0.00 |
65 |
1:1 |
65 |
16250 |
1 |
0.19 |
16,250 |
0.00 |
65 |
1:1 |
65 |
17485 |
1 |
0.19 |
17,485 |
0.00 |
70 |
1:1 |
70 |
18460 |
1 |
0.19 |
18,460 |
0.00 |
74 |
1:1 |
74 |
18720 |
1 |
0.19 |
18,720 |
0.00 |
75 |
1:1 |
75 |
18980 |
1 |
0.19 |
18,980 |
0.00 |
76 |
1:1 |
76 |
19500 |
4 |
0.77 |
78,000 |
0.01 |
78 |
1:1 |
312 |
20020 |
1 |
0.19 |
20.020 |
0.00 |
80 |
1:1 |
80 |
21905 |
4 |
0.77 |
87,620 |
0.01 |
87 |
1:1 |
348 |
24375 |
7 |
1.34 |
170,625 |
0.02 |
97 |
1:1 |
679 |
24440 |
1 |
0.19 |
24,440 |
0.00 |
97 |
1:1 |
97 |
24765 |
1 |
0.19 |
24,765 |
0.00 |
99 |
1:1 |
99 |
29250 |
1 |
0.19 |
29,250 |
0.00 |
117 |
1:1 |
117 |
29380 |
1 |
0.19 |
29,380 |
0.00 |
117 |
1:1 |
117 |
32630 |
1 |
0.19 |
32,630 |
0.00 |
130 |
1:1 |
130 |
34125 |
2 |
0.38 |
68,250 |
0.01 |
136 |
1:1 |
272 |
34190 |
1 |
0.19 |
34,190 |
0.00 |
136 |
1:1 |
136 |
37440 |
1 |
0.19 |
37,440 |
0.00 |
149 |
1:1 |
149 |
42900 |
1 |
0.19 |
42,900 |
0.00 |
171 |
1:1 |
171 |
43875 |
1 |
0.19 |
43,875 |
0.01 |
175 |
1:1 |
175 |
45500 |
1 |
0.19 |
45,500 |
0.01 |
181 |
1:1 |
181 |
47450 |
1 |
0.19 |
47,450 |
0.01 |
189 |
1:1 |
189 |
48750 |
10 |
1.92 |
487,500 |
0.06 |
194 |
1:1 |
1,940 |
48815 |
1 |
0.19 |
48,815 |
0.01 |
194 |
1:1 |
194 |
49985 |
1 |
0.19 |
49,985 |
0.01 |
199 |
1:1 |
199 |
50050 |
1 |
0.19 |
50,050 |
0.01 |
199 |
1:1 |
199 |
50505 |
1 |
0.19 |
50,505 |
0.01 |
201 |
1:1 |
201 |
57070 |
1 |
0.19 |
57,070 |
0.01 |
227 |
1:1 |
227 |
73060 |
1 |
0.19 |
73,060 |
0.01 |
291 |
1:1 |
291 |
73125 |
2 |
0.38 |
146,250 |
0.02 |
291 |
1:1 |
582 |
78000 |
1 |
0.19 |
78,000 |
0.01 |
311 |
1: |
311 |
91000 |
1 |
0.19 |
91,000 |
0.01 |
363 |
1:1 |
363 |
95225 |
1 |
0.19 |
95,225 |
0.01 |
379 |
1:1 |
379 |
97500 |
2 |
0.38 |
195,000 |
0.02 |
388 |
1:1 |
776 |
98150 |
1 |
0.19 |
98,150 |
0.01 |
391 |
1:1 |
391 |
100100 |
5 |
0.96 |
500,500 |
0.06 |
399 |
1:1 |
1,995 |
102700 |
1 |
0.19 |
102,700 |
0.01 |
409 |
1:1 |
409 |
104390 |
1 |
0.19 |
104,390 |
0.01 |
416 |
1:1 |
416 |
108160 |
1 |
0.19 |
108,160 |
0.01 |
431 |
1:1 |
431 |
129220 |
1 |
0.19 |
129,220 |
0.02 |
515 |
1:1 |
515 |
146315 |
2 |
0.38 |
292,630 |
0.03 |
583 |
1:1 |
1,166 |
146380 |
1 |
0.19 |
146,380 |
0.02 |
583 |
1:1 |
583 |
150150 |
1 |
0.19 |
150,150 |
0.02 |
598 |
1:1 |
598 |
175565 |
1 |
0.19 |
175,565 |
0.02 |
699 |
1:1 |
699 |
185315 |
1 |
0.19 |
185,315 |
0.02 |
738 |
1:1 |
738 |
200005 |
1 |
0.19 |
200,005 |
0.02 |
797 |
1:1 |
797 |
200200 |
1 |
0.19 |
200,200 |
0.02 |
798 |
1:1 |
798 |
227500 |
1 |
0.19 |
227,500 |
0.03 |
906 |
1:1 |
906 |
228800 |
1 |
0.19 |
228,800 |
0.03 |
911 |
1:1 |
911 |
243880 |
4 |
0.77 |
975,520 |
0.11 |
972 |
1:1 |
3,888 |
243945 |
1 |
0.19 |
243,945 |
0.03 |
972 |
1:1 |
972 |
244010 |
1 |
0.19 |
244,010 |
0.03 |
972 |
1:1 |
972 |
247000 |
2 |
0.38 |
494,000 |
0.06 |
984 |
1:1 |
1,968 |
253500 |
1 |
0.19 |
253.500 |
0.03 |
1,010 |
1:1 |
1,010 |
292630 |
1 |
0.19 |
292,630 |
0.03 |
1,166 |
1:1 |
1,166 |
300625 |
1 |
0.19 |
300,625 |
0.03 |
1,198 |
1:1 |
1,198 |
325000 |
1 |
0.19 |
325,000 |
0.04 |
1,295 |
1:1 |
1,295 |
329225 |
1 |
0.19 |
329,225 |
0.04 |
1,311 |
1:1 |
1,311 |
378040 |
1 |
0.19 |
378,040 |
0.04 |
1,506 |
1:1 |
1,506 |
390195 |
1 |
0.19 |
390,195 |
0.05 |
1,554 |
1:1 |
1,554 |
400400 |
1 |
0.19 |
400,400 |
0.05 |
1,595 |
1:1 |
1,595 |
487500 |
2 |
0.38 |
975,000 |
0.11 |
1,942 |
1:1 |
3,884 |
487760 |
5 |
0.96 |
2,438,800 |
0.28 |
1,943 |
1:1 |
9,715 |
487825 |
1 |
0.19 |
487,825 |
0.06 |
1,943 |
1:1 |
1,943 |
488020 |
2 |
0.38 |
976,040 |
0.11 |
1,944 |
1:1 |
3,888 |
488150 |
3 |
0.58 |
1,464,450 |
0.17 |
1,945 |
1:1 |
5,835 |
500045 |
2 |
0.38 |
1,000,090 |
0.12 |
1,992 |
1:1 |
3,984 |
536575 |
3 |
0.58 |
1,609,725 |
0.19 |
2,137 |
1:1 |
6,411 |
731705 |
3 |
0.58 |
2,195,115 |
0.26 |
2,915 |
1:1 |
8,745 |
739960 |
3 |
0.58 |
2,219,880 |
0.26 |
2,948 |
1:1 |
8,844 |
750750 |
1 |
0.19 |
750,750 |
0.09 |
2,991 |
1:1 |
2,991 |
780000 |
1 |
0.19 |
780,000 |
0.09 |
3,107 |
1:1 |
3,107 |
799500 |
1 |
0.19 |
799,500 |
0.09 |
3,185 |
1:1 |
3,185 |
828750 |
1 |
0.19 |
828,750 |
0.10 |
3,301 |
1:1 |
3,301 |
868400 |
1 |
0.19 |
868,400 |
0.10 |
3,459 |
1:1 |
3,459 |
Category (No of Equity Shares applied for) |
No.of
Applications
Received |
% of
Total |
Tolal No of
Equity
Shares applied |
% of
Total |
No.of Equity Shares allotted per applicant |
Raito |
Total
No.of Equity Shares allotted |
975000 |
1 |
0.19 |
975,000 |
0.11 |
3,884 |
1:1 |
3,884 |
975585 |
5 |
0.96 |
4,877,925 |
0.57 |
3,886 |
1:1 |
19,430 |
975650 |
2 |
0.38 |
1,951,300 |
0.23 |
3,887 |
1:1 |
7,774 |
999960 |
1 |
0.19 |
999,960 |
0.12 |
3,983 |
1:1 |
3,983 |
1072500 |
2 |
0.38 |
2,145,000 |
0.25 |
4,272 |
1:1 |
8,544 |
1219075 |
1 |
0.19 |
1,219,075 |
0.14 |
4,856 |
1:1 |
4,856 |
1219465 |
3 |
0.58 |
3,658,395 |
0.43 |
4,856 |
1:1 |
14,574 |
1219530 |
1 |
0.19 |
1,219,530 |
0.14 |
4,858 |
1:1 |
4,858 |
1224925 |
1 |
0.19 |
1,224,925 |
0.14 |
4,880 |
1:1 |
4,880 |
1226500 |
1 |
0.19 |
1,228,500 |
0.14 |
4,894 |
1:1 |
4,894 |
1251250 |
1 |
0.19 |
1,251,250 |
0.15 |
4,984 |
1:1 |
4,984 |
1319955 |
1 |
0.19 |
1,319,955 |
0.15 |
5,258 |
1:1 |
5,258 |
1365845 |
4 |
0.77 |
5,463,380 |
0.64 |
5,441 |
1:1 |
21,764 |
1462500 |
1 |
0.19 |
1,462,500 |
0.17 |
5,826 |
1:1 |
5,826 |
1463410 |
1 |
0.19 |
1,463,410 |
0.17 |
5,830 |
1:1 |
5,830 |
1649050 |
1 |
0.19 |
1,649,050 |
0.19 |
6,569 |
1:1 |
6,569 |
1699750 |
1 |
0.19 |
1,699,750 |
0.20 |
6,771 |
1:1 |
6,771 |
1707290 |
1 |
0.19 |
1,707,290 |
0.20 |
6,801 |
1:1 |
6,801 |
1804920 |
1 |
0.19 |
1,804,920 |
0.21 |
7,190 |
1:1 |
7,190 |
1859000 |
1 |
0.19 |
1,859,000 |
0.22 |
7,405 |
1:1 |
7,405 |
1950000 |
2 |
0.38 |
3,900,000 |
0.45 |
7,768 |
1:1 |
15,536 |
1951170 |
1 |
0.19 |
1,951,170 |
0.23 |
7,773 |
1:1 |
7,773 |
1956500 |
1 |
0.19 |
1,956,500 |
0.23 |
7,794 |
1:1 |
7,794 |
2152150 |
1 |
0.19 |
2,152,150 |
0.25 |
8,573 |
1:1 |
8,573 |
2349945 |
8 |
1.54 |
18,799,560 |
2.19 |
9,361 |
1:1 |
74,888 |
2437500 |
1 |
0.19 |
2,437,500 |
0.28 |
9,710 |
1:1 |
9,710 |
2438930 |
1 |
0.19 |
2,438,930 |
0.28 |
9,716 |
1:1 |
9,716 |
2438995 |
7 |
1.34 |
17,072,965 |
1.99 |
9,716 |
1:1 |
68,012 |
2439060 |
1 |
0.19 |
2,439,060 |
0.28 |
9,716 |
1:1 |
9,716 |
2439125 |
1 |
0.19 |
2,439,126 |
0.28 |
9,716 |
1:1 |
9,716 |
2449850 |
2 |
0.38 |
4,899,700 |
0.57 |
9,759 |
1:1 |
19,518 |
2452450 |
1 |
0.19 |
2,452,450 |
0.29 |
9,769 |
1:1 |
9,769 |
2463370 |
1 |
0.19 |
2,463,370 |
0.29 |
9,813 |
1:1 |
9,813 |
2463500 |
1 |
0.19 |
2,463,500 |
0.29 |
9,813 |
1:1 |
9,813 |
2479000 |
3 |
0.58 |
7,410,000 |
0.86 |
9,839 |
1:1 |
29,517 |
2925000 |
2 |
0.38 |
5,850,000 |
0.68 |
11,652 |
1:1 |
23,304 |
2926820 |
1 |
0.19 |
2,926,820 |
0.34 |
11,659 |
1:1 |
11,659 |
2999945 |
1 |
0.19 |
2,999,945 |
0.35 |
11,950 |
1:1 |
11,950 |
3073200 |
1 |
0.19 |
3,073,200 |
0.36 |
12,242 |
1:1 |
12,242 |
3178500 |
1 |
0.19 |
3,178,500 |
0.37 |
12,662 |
1:1 |
12,662 |
3658525 |
2 |
0.38 |
7,317,050 |
0.85 |
14,574 |
1:1 |
29,148 |
3699995 |
1 |
0.19 |
3,699,995 |
0.43 |
14,739 |
1:1 |
14,739 |
3699675 |
1 |
0.19 |
3,899,675 |
0.45 |
15,535 |
1:1 |
15,535 |
3903900 |
1 |
0.19 |
3,903,900 |
0.45 |
15,551 |
1:1 |
15,551 |
3932500 |
1 |
0.19 |
3,932,500 |
0.46 |
15,665 |
1:1 |
15,665 |
4146285 |
1 |
0.19 |
4,146285 |
0.48 |
16,517 |
1:1 |
16,517 |
4160000 |
16 |
3.45 |
74,880,000 |
8.71 |
16,572 |
1:1 |
298,296 |
4869995 |
2 |
0.38 |
9,739,990 |
1.13 |
19,400 |
1:1 |
38,800 |
4877990 |
5 |
0.96 |
24,389,950 |
2.84 |
19,432 |
1:1 |
97,160 |
4876055 |
1 |
0.19 |
4,878,055 |
0.57 |
19,432 |
1:1 |
19,432 |
4899700 |
7 |
1.34 |
34,297,900 |
3.99 |
19,518 |
1:1 |
136,626 |
4904900 |
1 |
0.19 |
4,904,900 |
0.57 |
19,539 |
1:1 |
19,539 |
4927000 |
1 |
0.19 |
4,927,000 |
0.57 |
19.627 |
1:1 |
19,627 |
4940000 |
1 |
019 |
4,940,000 |
0.57 |
19,679 |
1:1 |
19,679 |
5005000 |
1 |
0.19 |
5,005,000 |
0.58 |
19,938 |
1:1 |
19,938 |
5266815 |
1 |
0.19 |
5,268,315 |
0.61 |
20,987 |
1:1 |
20,987 |
5365815 |
2 |
0.38 |
10731630 |
1.25 |
21,375 |
1:1 |
42,750 |
5605600 |
1 |
0.19 |
5,605,600 |
0.65 |
22,330 |
1:1 |
22,330 |
5609760 |
1 |
019 |
5,609,760 |
0.65 |
22,347 |
1:1 |
22,347 |
5653640 |
6 |
1.15 |
35,121,840 |
4..09 |
23,318 |
1:1 |
139,908 |
6097520 |
1 |
0.19 |
6,097,520 |
0.71 |
24,290 |
1:1 |
24,290 |
6341465 |
1 |
0.19 |
6,341,465 |
0.74 |
25,261 |
1:1 |
25,261 |
6585345 |
1 |
0.19 |
6,585,345 |
0.77 |
26,233 |
1:1 |
26,233 |
6585410 |
1 |
0.19 |
6,585,410 |
0.77 |
26,233 |
1:1 |
26,233 |
6651190 |
1 |
0.19 |
6,651,190 |
0.77 |
26,495 |
1:1 |
26,495 |
6829225 |
1 |
0.19 |
6,829,225 |
0.79 |
27,204 |
1:1 |
27,204 |
7317050 |
1 |
0.19 |
7,317,050 |
0.85 |
29,148 |
1:1 |
29,148 |
7349940 |
4 |
0.77 |
29,399,760 |
3.42 |
29,279 |
1:1 |
117,116 |
7390890 |
1 |
0.19 |
7,390,890 |
0 86 |
29,442 |
1:1 |
29,442 |
7804875 |
2 |
0.38 |
15,609,750 |
1.82 |
31,091 |
1:1 |
62,182 |
8375575 |
1 |
0.19 |
8,375,575 |
0 97 |
33,364 |
1:1 |
33,364 |
9756500 |
2 |
0 38 |
19,513,000 |
2 27 |
38,865 |
1:1 |
77,730 |
9759750 |
1 |
0.19 |
9,759,750 |
1.14 |
38,878 |
1:1 |
38,878 |
9799985 |
3 |
0.58 |
29,399,955 |
3.42 |
39,039 |
1:1 |
117,117 |
9800050 |
2 |
0.38 |
19,600,100 |
2.28 |
39,039 |
1:1 |
78,078 |
9854000 |
1 |
0.19 |
9,854,000 |
1.15 |
39,254 |
1:1 |
39,254 |
10855000 |
1 |
0.19 |
10,855,000 |
1.26 |
43,241 |
1:1 |
43,241 |
11824345 |
1 |
0.19 |
11,824,345 |
1.38 |
47,103 |
1:1 |
47,103 |
12299950 |
1 |
0.19 |
12,299,950 |
1.43 |
48,997 |
1:1 |
48,997 |
12316200 |
1 |
0.19 |
12,316,200 |
1.43 |
49,062 |
1:1 |
49,062 |
12318280 |
1 |
0.19 |
12,318,280 |
1.43 |
49,070 |
1:1 |
49,070 |
13414570 |
1 |
0.19 |
13,414,570 |
1.56 |
53,436 |
1:1 |
53,436 |
14777750 |
3 |
0.58 |
44,333,250 |
5.16 |
58,868 |
1:1 |
176,604 |
16097510 |
8 |
1.54 |
128,780,080 |
14.98 |
63,896 |
1:1 |
511,168 |
TOTAL |
|
100.00 |
859,411,670 |
100.00 |
|
|
3,423,500 |
C. Allocation to QIBs (excluding Anchor Investors)
Allotment to QIBs, who have bid at the Issue Price of Rs.205 per Equity Share or above.
has been done on a proportionate basis in consulation with the Designated Stock Exchange.
This category has been subscribed to the extend of 60.08 time of Net QIB portion. As
per the SEBI Regulations, Mutual Funds were alloted 5% of the Equity Shares of Net QIB
portion available i.e. 228,234 Equity Shares and other QIBs and unsatisfied demand
of Mutual Funds were allotted the remaining available Equity Shares i.e. 4,336.430 Equity
Shares on a proportinate basis. The total number of Equity Shares allotted in the
QIB category is 4,564,664 Equity Shares, which were allotted to 138
successful Applicants.
Category |
FIs/Banks |
MFs |
ICs |
VCs |
AIF |
Fll |
Total |
QIB |
930,918 |
1,233,902 |
415,120 |
59,242 |
0 |
1,925,482 |
4,564,664 |
D.Allocation to Anchor Investors
The Company and Selling Shareholders have allotted 6,846,994 Equity Shares to 15 Anchor
Investors, in consultation with the BRLMs. In accordance with the SEBI Regulations, this
represents 59.99% of the QIB Portion.
The IPO Ccmmittee of our Company at its meeting held on April 25,2015 has taken on
record the basis of allotment of Equity Shares approved by the Designated Stock Exchange,
being BSE and has allotted the Equity Shares 10 various successful applications. The
CAN-cum-Refund Order and allottement advices are being dispatched to the SCSBs are being
dispatched to the adddress of the investors as registered with the depositories on or
before April 28. 2015.Further instructuions to be SCBSs are being dispatched/mailed
on or before April 28, 2015. Incase the same is not received within ten days, investors
may contact the Registrar to the Issue at the address given below. The Refund Advices are
being over-printed with the bank account details as registered, if any, with the
depositories. The Equity Shares allotted to the successful allottees are being uploaded on
or before April 28. 2015 for credit into the respective beneficiary accounts subject
to validation of the account details with the depositories concerned. Our Company is
taking steps to get the Equity Shares admitted for trading on the BSE and NSE within 12
Worting Days of the closure of the Issue.
INVESTORS PLEASE NOTE
The details of the allotment made will be hosted on the website of the Registrar to the
Issue. Karvy Computershare Private Limited at http://www.karisma.karvy.com.
All future correspondences in this regard may kindly be addressed to the Registrar to
the Issue quoting full name of the First/ Sole applicant, Serial number of the
Bid-Cum-Application form, number or Equity Shares bid for name of the Member of the
Syndicate, place where the bid was submitted and payment details at the address
given below:
Karvy Computershare Private Limited
Plot no.17-24 Vittal Rao Nagar, Madhapur, Hyderabad 500 081
Tel: +91(40) 4465 5000; Fax: +91 (40) 2343 1551
E-mail/investor grievance ID: vrl.ipo@karvy.com
Website: http://karishma.karvy.com, Contact
Person: Mr. M Murali krishna
SEBI Registration No.:INR000000221
Place: Hubballi
Date : April 27, 2015 |
For VRL LOGISTICS LIMITED
On behalf of the Board of Directors
Sd/-
Company Secretary and Compliance Officer |
|