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VRL Logistics Ltd

VRL Logistics Ltd

    Registered Office : RS No 351/1 Varur Post Chhabbl,Taluka Hubbali dist Dharwad,Hubli Karnataka 581207 Phone : 91-836-2237613
    Fax : 91-836-2237614

    Email : investors@vrllogistics.com ; varurho@vrllogistics.

    Website : www.vrlgroup.in ; www.vrllogistics.com

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) aggregating up to Rs. 467.88 crores consisting of a fresh issue of 5,707,333 equity shares aggregating to Rs. 117.00 crores (The "Fresh Issue") and an offer for sale of upto 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.351 Crores (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 capital 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.

Issue

Opens On

Closes On

15-Apr-2015

17-Apr-2015

Money Payable On

Application

Allotment

205.00

0.00

Minimum Application for shares in Nos : 65.0 Further Multiples of : 65.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

108.30

467.88

91.24

205.00

HSBC Securities & Capital Markets (India) Pvt Ltd

ICICI Securities Ltd

Projects
  • Purchase of goods transportation Vehicles
  • Repayment/pre-payment of certain borrowings
  • General corporate purposes
Promoted By
  • Vijay Sankeshwar
  • Anand Sankeshwar
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Karvy Computershare Pvt Ltd