Vrl logistics is one of the leading panindia surface logistics and parcel delivery service providers. Vrl tracking link and number can be found on the receipt given to you. The company was originally incorporated as a private limited company under the name of vijayanand roadlines pvt. Initial public offeringipo is where a previously unlisted company sells new or existing securities and offers them to the public for the first time. Vrl logistics files draft paper with sebi for ipo the. Initially started with a fleet of a single vehicle, it soon expanded in terms of network and turned out to be one of the leading logistics courier companies in india. The ipo allotment is expected to take place within 2 weeks of the closing of the ipo. The initial public offer ipo of vrl logistics today got oversubscribed at 1. Vrl logistics ipo is a mainboard ipo of 23,116,000 equity shares of the face value of. Vrl is currently the largest fleet owner of commercial vehicles in india with a fleet size of 3546 owned vehicles. Transfer of unpaid and unclaimed amount to iepf during the year under consideration, no amount was due for transfer to iepf as per section 125 of the companies act, 20. Check out the share price of blue dart now and where it was 5 years ago. Latest technologies and standards are constantly being adopted to keep the database userfriendly, comprehensive and uptodate. Vrl logistics is a new listing on the bse with a float market capitalisation greater than inr100 crore, which necessitates its inclusion in the index, said the exchange.
Vrl logistics ltd is in the business of providing surface logistics and parcel delivery across 28 states in india. Yes, definitely vrl logicstics is a very good investment. Vrl logistics raises pe funding from new silk route vccircle. After all, logistics and ecommerce are the main driving factors of indian economy. Vrl is largent and service oriented company in passenger traportation and travel industry cin. Nsr will own 5% of the post ipo company, the public will own 25%. Vrl logistics ltd today is the leader in the parcel transportation business in india in fact the only organized segment player with a clear focus on the parcel segment and has an extensive. The rs 460 croreinitial public offering ipo of vrl logistics was oversubscribed 74 times, led. The companys operational infrastructure comprises 624 branches, 346 agencies and 48 branches across india. Karnataka based vrl logistics limited ipo would hit the market on 15th april, 2015. Logistics is the backbone of the economy, providing the efficient, cost effective flow of goods on which other commercial sectors depend. About vrl logistics ltd company information capitalmarket. Vrl logistics ltd vrl own and operates the largest fleet of commercial vehicles in the private sector in india as of may 2012 and is one of the leading panindia surface logistics and parcel delivery service providers. Vrl logistics ltd ipo allotment status is not available at this time.
Though profits for 20 and 2014 are low, vrl logistics ipo looks promising. Visit the vrl logistics ipo allotment status page to check the number of shares allocated to your application. The minimum order quantity is 65 shares per application and the offer type is book built issue. Vrl logistics standalone june 2019 net sales at rs 539. Vrl logistics limited has completed one year since its successful listing. Today capitaline corporate database cover more than 35,000 listed and unlisted indian companies. The companys corporate identity number is u60221dl2001plc112167. A fresh certificate of incorporation consequent upon conversion was issued on may 21, 2018 by the registrar of companies, delhi.
The regular trading starts at 10 am on listing day. It also captures the holding period returns and annual returns. Get the latest vrl logistics management information and corporate updates at iifl. Promoters currently own 77% of the company, will fall to 70%. On the nse, vrl logistics last traded price was up 1.
Thus, an ipo is also commonly known as going public. Bse and nse allow a preopen trading on listing day. Vrl logistics limited 34th annual report 201617 4 7. The vrl logistics ipo basis of allotment published above tells you how shares are allocated to you in vrl logistics ipo and category wise demand of ipo share. Over the last 30 days, the vrl logistics share price is up 7. Formed in 1986, capital market publishers india pvt ltd pioneered corporate databases and stock market magazine in india. Project on logistics management in vrl logistics by sanjay.
Vrl logistics ltd apr15 subscribe issue details issue size no. Vrl logistics received overwhelming response to its ipo with an oversubscription of nearly 74 times. This is the companys second attempt to enter the capital markets. The company owned and operated the largest fleet of commercial vehicles in the private sector. Draft red herring prospectus please read section 60b. Vrl logistics share price, nsebse forecast news and. The overall economy remained sluggish during the year. Draft red herring prospectus dated december 10, 2010 please read section 60b of the companies act, 1956 this draft red herring prospectus will be updated upon filing with the roc 100% book built issue vrl logistics limited. Ritco logistics limited by a special resolution passed on may 02, 2018. Private equity firm new silk route has invested rs 175 crore in vrl logistics ltd, a company based in hubli, karnataka. Vrl logistics is about goods and people transportation, by road, intercity.
Vrl logistics is the fourth company to hit the capital market with an ipo this year. Adlabs entertainment ipo is a mainboard ipo of 20,326,227 equity shares of the face value of. In april 2015, vrl logistics successfully completed an initial public offering ipo which received overwhelming response from the investors and was oversubscribed by more than 74 times thereby making this ipo a historical one. This 45 minutes session starts at 9 am and ends at 9. Vrl logistics stock discussion forum online india, can i. Read more about vrl logistics ipo subscribed 74 times on business standard. Vrl is largent and service oriented company in passenger traportation and travel industry. Vrl logistics ipo allotment status indian share broker. Earlier in december 2010, the karnatakabased company had filed draft documents with sebi for an ipo of 2. Vrl logistics ipo subscribed 74 times business standard.
Business operations of vrl group include road transportation, logistics, publishing etc. Shares of vrl logistics, which listed today, opened at rs 288 on the bombay stock exchange bse, a premium of 40% to the offer price of rs 205. Vrl logistics limited formerly vijayanand roadlines ltd. Law ipo ppt free download as powerpoint presentation. The rs 460 croreinitial public offering ipo of vrl logistics received a massive 74 times subscription led by strong demand from all category of investors.
Vrl logistics has filed draft papers with the market regulator sebi to raise funds through an initial public offer. Vrl logistics limited 34th annual report vrl group. Vrl is largest and leading traportation and logistics company in india. Tentative dates of vrl logistic allotment is 27042015, refund on 28042015, listing on 04052015.
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