Business
Velogic listed on Development & Enterprise Market
Velogic Holding Company Limited has been listed on the Development & Enterprise Market (DEM) on 15 December 2021.
Pursuant to the Offer for Sale of the ordinary shares held by Amethis Africa Finance Ltd in VHCL, the company has received subscriptions for 17,688,541 shares at the introductory price of Rs25.00 per share for a total amount of Rs442,213,525.
One thousand ordinary shares of the Company were made available for trading at a price of Rs25.00 per share on the DEM.
Velogic is a subsidiary of Rogers & Co Ltd that was incorporated on 30 September 2004.
It offers logistic solutions, including freight-forwarding, customs house brokerage, haulage and warehousing, among others.