There’s another IPO out: VRL Logistics . Many of you have asked in the Google group about this IPO, and here’s the specifics: The Details VRL is actually Vijayanand Roadlines, and is a company close to where I live (Bangalore). I’ve been a long time user of their buses, travelling between Bangalore and Mangalore during my college days on their bus service. So please colour me biased to that extent. Vijay and Anand Sankeshwar are the promoters – Vijay’s the dad, Anand’s the son. The company is based in Dharwad and Hubli in Karnataka. Vijay Sankeshwar is also a politician and a publisher. Vijay Times (Eng) and Vijaya Karnataka (Kannada) – not part of VRL Logistics – was owned by him, and sold to the Times Group in 2007, and five years later, he launched the Kannada paper, Vijay Vani . Vijay was also the BJP Member of Parliament from Dharwad from 1996-2004.… (Read On…)
[via Capital Mind]
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