Analysis and Insights into the world of IPOs and investing in India

Thursday, March 10, 2011

VRL Logistics IPO gets IPO Grade 3

VRL Logistics IPO has received an IPO Grade 3/5 from credit rating agency CRISIL Equities, which indicates that the fundamentals of the IPO are average relative to other listed equity securities in India

VRL is a transportation and logistics service provider based in Hubli, Karnataka. It is the largest private sector owner of commercial vehicles. VRL operates goods transportation services across 534 cities in 20 states and six union territories, supported by a strong network 436 self-owned branches and 423 exclusive franchise offices

Stay tuned for latest updates on VRL Logistics IPO!
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