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IPO News

MEP Infrastructure's Rs 324 cr IPO opens for subscription The inital public offering of toll road firm MEP Infrastructure Developers has opened for subscription today and will close on April 23. The Mumbai-based company has fixed Rs 63-65 per share price band for the IPO.
Tue, 21 Apr 2015 11:15:47 +0530
MEP Infra IPO opens on April 21, price band Rs 63-65/sh MEP Infrastructure Developers is going to open its initial public offer (IPO) of 5.14 crore equity shares for subscription on Tuesday, April 21, 2015.
Mon, 20 Apr 2015 10:29:31 +0530
VRL Logistics IPO oversubscribed 74 times The initial public offering of transport firm VRL Logistics has received overwhelming response as the issue oversubscribed 74.26 times of the issue size on the final day on Friday. The public offer received bids for 1,20,81,66,440 shares against the total issue size of 1,62,69,006 shares, supported by QIBs and HNIs.
Fri, 17 Apr 2015 18:28:59 +0530
VRL Logistics IPO oversubscribed 1.1 times The initial public offer (IPO) of VRL Logistics today got over-subscribed at 1.10 times of the issue size on the second day of subscription.
Thu, 16 Apr 2015 17:14:08 +0530
Subscribe to VRL Logistics IPO: SPA Research Logistics industry is likely to benefit from implementation of GST, improving economic activity and shift of traffic from railways to road. Expect traffic growth of 9% CAGR between FY14-19E. So one can scribe to VRL Logistics IPO, says SPA Research.
Thu, 16 Apr 2015 17:13:50 +0530
Subscribe to VRL Logistics IPO: BP Equities VRL Logistics has strong commercial vehicle portfolio and diversified client group and trading at 19x to its FY15 annualized EPS (post issue), considering higher price band. Therefore, we assign a "Subscribe" rating on this issue, says BP Equities.
Thu, 16 Apr 2015 12:34:46 +0530
Apply for VRL Logistics IPO at Rs 205: Angel Broking Brokerage house Angel Broking has recommended investors to Subscribe to VRL Logistics IPO, in its research report dated April 11, 2015.
Thu, 16 Apr 2015 12:32:09 +0530
VRL Logistics' IPO subscribed 62% on Day 1 The portion reserved for qualified institutional buyers (QIBs) was subscribed about 36 percent, while the category for non institutional investors received 1.05 times subscription.
Thu, 16 Apr 2015 08:12:39 +0530
VS Fernando VS Fernando a veteran IPO analyst has come out with his view on VRL Logistics IPO. "Sound track, buoyant prospects and credible dividends merit attention", says the expert.
Wed, 15 Apr 2015 15:25:22 +0530
VRL`s valuation looks cheaper; subscribe to IPO: GEPL Cap VRL logistics is available at the IPO price band of Rs 195 to Rs 205 which is available at 17-18 P/E multiple. GEPL Capital believes that this valuation looks cheaper. So one can subscribe to the issue.
Wed, 15 Apr 2015 15:21:43 +0530
Investors can subscribe to VRL Logistics IPO: IIFL With the improving macroeconomic environment, contribution of freight transportation via road is poised to increase and VRL with its largest fleet size, superior track record, strong brand name, diverse client base, and vast management experience is all set to benefit from the opportunities provide by the sector. Subscribe to IPO, says IIFL.
Wed, 15 Apr 2015 15:20:44 +0530
Vijay Sankeshwar Vijay Sankeshwar, chairman managing director, VRL Logistics says the company sees huge opportunities in the logistics space and aims to use Rs 86 crore of the money raised in buying new vehicles.
Wed, 15 Apr 2015 11:01:03 +0530
VRL Logistics opens, gets Rs 140.4 cr from anchor investors The logistic company, on April 13, has received Rs 140.36 crore by issuing 68.5 lakh equity shares to 15 anchor investors like Franklin India Smallar Companies Fund, ICICI Prudential, Eastspring Investments India Equity Fund, DSP Blackrock Small Midcap Fund, Birla Sun Life etc
Wed, 15 Apr 2015 08:47:49 +0530
Subscribe to VRL IPO with short-medium term view: Arihant Arihant capital markets has recommended investors to SUBSCRIBE for VRL Logistics IPO with a short to medium term view, in its research report dated April 13, 2015.
Wed, 15 Apr 2015 08:44:50 +0530
Subscribe to VRL Logistics IPO: Ajcon Global Ajcon Global has come out with its report on VRL Logistics IPO. The research firm has advised to subscribe to the issue in its report dated April 09, 2015.
Wed, 15 Apr 2015 08:44:39 +0530
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Politics

She will also attend the 10th anniversary celebrations of the New Asian-African Strategic Partnership.
Giriraj Singh denied reports and said that there was no meeting between him and Modi.
"I'm a sanyaasi, service to humanity is my only objective," said Ramdev.
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India

Successful students will be eligible for higher education and can join either a general stream in a college or go for a professional degree.
"I'm a sanyaasi, service to humanity is my only objective," said Ramdev.
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Tech

Microsoft hasn't officially announced the release date of the latest version of its OS that is expected to bring in an overall design change along with a new Web browser- Project Spartan.
The Micromax Canvas Spark is rumoured to come with a 4.7-inch display and price tag under Rs 6,000.
The 4G version of the new Moto E costs Rs 1,000 more than the base model that carries a price tag of Rs 6,999.
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