VRL Logistics Coming Into The Capital Markets

VRL Logistics Coming Into The Capital MarketsVRL Logistics, that is coming into the capital markets, has submitted its DRHP with the SEBI on Dec-13.

The firm is intending IPO sometime while in February March. The firm intends to issue 2.35 cr stocks that comprises 25per cent of the totally diluted post issue paid up share capital.

Based on the firm official, “Currently, we’ve not determined pricing of the stock or as to what amount to improve from the public. We’ve just filed Draft Red Herring Prospectus with Securities Exchange Board of India yesterday and so are waiting for the clearance.”

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