VRL Logistics Limited (the “Issuer” or the “Company”) has finalized the allocation of 6,846,994 Equity Shares, in aggregate, at a price of Rs. 205 per Equity Share (upper end of the Price Band) amounting to Rs. 140.36 crore to 15 Anchor investors.
The list of anchor investors and the allocation of equity shares is as follows: Franklin India Smaller Companies Fund - 585,325 (8.55%); ICICI Prudential Dividend Yield Equity Fund - 146,315 (2.14%); ICICI Prudential Value Fund - Series 6 - 146,315 (2.14%); ICICI Prudential India Recovery Fund - Series 1 - 292,695 (4.27%); Eastspring Investments India Equity Fund – 585,325 (8.55%); DSP Blackrock Small & Midcap Fund – 439,010 (6.41%); Birla Sunlife Trustee Company Pvt. Ltd. A/C Birla Sunlife Dividend Yield Plus – 170,723 (2.49%); Birla Sunlife Trustee Company Pvt. Ltd. A/C Birla Sunlife Small & Mid Cap Fund – 170,722 (2.49%); Shinhan BNP Paribas Asset Management Co. Ltd. A/C Shinhan BNPP Bonjour India Equity – 301,754 (4.41%); IDFC Monthly Income Plan – 73,148 (1.07%); IDFC Tax Advantage (ELSS) Fund – 170,732 (2.49%); HDFC Standard Life Insurance Co. Ltd. – 243880 (3.56%); Abu Dhabi Investment Authority - Behave – 585,325 (8.55%); HDFC Trustee Co. Ltd. A/C HDFC Infrastructure Fund – 292,695 (4.27%); HDFC Trustee Co. Ltd. A/C HDFC Core and Satellite Fund – 292,630 (4.27%); Reliance Capital; Trustee Capital Ltd. A/C Reliance Small Cap Fund – 390,195 (5.70%); UTI Transportation & Logistics Fund – 390,195 (5.7%); Sundaram Mutual Fund A/C Sundaram Equity Multiplier Fund – 107, 236 (1.57%); Sundaram Mutual Fund A/C Sundaram Select Micro Cap Series V – 42634 (0.62%); Sundaram Mutual Fund A/C Sundaram Select Micro Cap Series VI – 61124 (0.89%); Sundaram Mutual Fund A/C Sundaram Select Micro Cap Series VII – 32886 (0.48%); L&T Mutual Fund A/C L&T India Value Fund – 121,956 (1.78%); L&T Mutual Fund A/C L&T Infrastructure Fund – 121,924 (1.78%); Morgan Stanley Mauritius Co. Ltd. – 1,082,250 (15.81%).
The Company will open on April 15, 2015, a public issue of equity shares
of face value Rs. 10 each (“Equity Shares”) for cash, consisting of a fresh issue of Equity Shares aggregating up to Rs. 1,170 million (“Fresh Issue”) and an offer for sale of up to 17,116,000 Equity Shares by NSR-PE Mauritius LLC, Dr. Vijay Sankeshwar and Mr. Anand Sankeshwar (the “Selling Shareholders”) (“Offer For Sale”). The Fresh Issue and the Offer for Sale
together referred to as the “Issue” will constitute at least 25% of the fully diluted post-Issue Paid-Up Equity Share Capital of the Company. The promoters of the Company are Dr. Vijay Sankeshwar and Mr. Anand Sankeshwar.
The Price Band is fixed from Rs. 195 to Rs. 205 per Equity Share. The Anchor Investor Bid/ Issue period will be on Monday, April 13, 2015. The Bid/ Issue closes on Friday, April 17, 2015, for all bidders. The minimum Bid Lot is 65 Equity Shares and in multiples of 65 Equity Shares thereafter.
The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”).
The Global Coordinators & Book Running Lead Managers (“GCBRLMs”) to the Issue are ICICI Securities Limited and HSBC Securities and Capital Markets (India) Private Limited.