Wheel good finish for $75m VRL Logistics IPO

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Wheel good finish for $75m VRL Logistics IPO

HPCL truck 230px

India’s VRL Logistics has closed books on a hugely successful Rp4.68bn ($75.20m) IPO, with the offering 74.26x covered. The trade is now expected to price at the top end of guidance.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login
  • 4,000 annual insights
  • 700+ notes and long-form analyses
  • 4 capital markets databases
  • Daily newsletters across markets and asset classes
  • 2 weekly podcasts
Gift this article