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Open
15 Apr 2015
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Close
17 Apr 2015
3
Allotment
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Listing
Thu, Apr 30, 2015
Price Band
₹195 to ₹205
Issue Size
2,28,23,333 shares (agg. up to ₹468 Cr)
Lot Size
65 Shares
Listing Date
Thu, Apr 30, 2015
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 52.75x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Snowman Logistics Ltd. | Mainboard | ₹197.43 Cr | ₹47 | null | ₹79.80 | +69.79% | ₹37.49 (-0.87%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of goods transportation vehicles | 6.74 |
| 2 | Repayment/pre-payment, in full or part, of certain borrowings availed by our Company | 2.80 |
| 3 | General corporate purposes | 1.29 |
About VRL Logistics IPO
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 tra
Contact Details
VRL Logistics Ltd. AddressR.S.No.351/1, Varur Post Chabbi Taluk HubliDistrict DharwadHubballi, Karnataka, 581207+91 836 2237 607investors@vrllogistics.comVisit Website