VRL Logistics IPO over-subscribed 1.94 times

India Infoline News Service | Mumbai | April 17, 2015 08:35 IST

The IPO received bids for 3,15,10,440 shares against the total issue size of 1,62,69,006 shares of the second day of the offer.

Coloful hanging news labels
The initial public offering of VRL Logistics was over-subscribed 1.94 times of the issue size on the second day. 
The IPO received bids for 3,15,10,440 shares against the total issue size of 1,62,69,006 shares of the second day of the offer.
The qualified institutional buyers (QIBs) category was subscribed 1.27 times and the non-institutional investors portion received 1.82 times subscription.. 
The company has fixed a price band of Rs 195-205.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.