 "VRL Logistics, UFO Moviez seek Sebi nod for IPOs")
Transportation company VRL Logistics and digital cinema distributor UFO Moviez India on Monday filed their offer documents to the capital markets regulator, Securities and Exchange Board of India (Sebi).
VRL Logistics’ Initial Public Offering (IPO) will comprise an issue of Rs 142 crore and another 17.12 million shares for offer for sale from existing promoters. While that of UFO Moviez India will comprise an offer for sale of around Rs 750 crore by shareholders, including 3i Research, P5 Asia, and promoters.
ICICI Securities and HSBC Securities are the lead managers for the VRL Logistics issue, while the UFO Moviez issue will be handled by Axis Capital and Citigroup Global Markets.
Currently, more than 16 offer documents have been filed with the market regulator. Vascon Engineers, Manpasand Beverages, and Sadbhav Infrastructure Project are among companies that have filed their IPO documents.
VRL Logistics’ Initial Public Offering (IPO) will comprise an issue of Rs 142 crore and another 17.12 million shares for offer for sale from existing promoters. While that of UFO Moviez India will comprise an offer for sale of around Rs 750 crore by shareholders, including 3i Research, P5 Asia, and promoters.
ICICI Securities and HSBC Securities are the lead managers for the VRL Logistics issue, while the UFO Moviez issue will be handled by Axis Capital and Citigroup Global Markets.
Currently, more than 16 offer documents have been filed with the market regulator. Vascon Engineers, Manpasand Beverages, and Sadbhav Infrastructure Project are among companies that have filed their IPO documents.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%