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Mahindra Logistics Ltd.

Mahindra Logistics Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹429
₹429
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹429
Based on GMP
Min. Investment
₹14,586
1 lot × 34 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
31 Oct 2017
Close Date
02 Nov 2017
Allotment
08 Nov 2017
Listing Date
10 Nov 2017
Exchange
NSE & BSE
Price Band
₹429
Listing Price
See chart
Allotment Status
Price Band
₹429
Per share
Face Value
₹10 per share
 
Lot Size
34 Shares
per lot
Issue Size
1,93,32,346 shares (aggregating up to ₹828.88 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,586
1 lot
Pre-IPO Holding
7,11,41,924 shares
Promoters
Post-IPO Holding
7,11,41,924 shares
Promoters
UPI Deadline
2017-11-02
Mandate
Anchor AllotmentMon, 30 Oct 2017
Basis of AllotmentWed, 08 Nov 2017
Refund InitiationThu, 09 Nov 2017
Demat CreditThu, 09 Nov 2017
Listing DayFri, 10 Nov 2017
UPI Mandate Deadline2017-11-02
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Mahindra Logistics Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Nov 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
19,332,346
100% ₹829.36
IPO Shares Offered
Mahindra Logistics Ltd. IPO total issue size: ₹829.36 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 19,332,346 ₹829.36
100.00%
* Based on upper price band ₹429 per share
Lot Size & Investment
Lot Size
34
Shares per Lot
Issue Price
₹429.00
Upper Band
Min Investment
₹14,586
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)268₹29,172
Retail (Max — 13 Lots)13442₹189,618
S-HNI (Min — 14 Lots)14476₹204,204
B-HNI (Min — 69 Lots)692,346₹1,006,434
* Issue Price ₹429 × Lot Size 34 shares
IPO Schedule
Anchor
30 Oct 2017
✓ Done
IPO Open
31 Oct 2017
✓ Done
IPO Close
02 Nov 2017
✓ Done
Allotment
08 Nov 2017
✓ Done
Refunds
09 Nov 2017
✓ Done
Demat Credit
09 Nov 2017
✓ Done
Listing Day
10 Nov 2017
✓ Done
Mahindra Logistics Ltd. — Live Price LIVE
₹429.00
INR · BSE
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Issue ₹429.00 Live Price
About Mahindra Logistics Ltd.
Incorporated in 2008, Mahindra Logistics Limited is end-to-end logistics solution and service provider. Mahindra Logistics is part of Mahindra Group (M&M), one of India's leading corporate groups with operations across several industries and countries. Before 2008 the logistics business of M&M was operated as a division of M&M serving the transportation and distribution, warehousing and in-factory logistics requirements of M&M.The logistics solution of the company includes transportation and distribution, warehousing, in-factory logistics and value added services to its clients.Company also provide people transportation solutions and services across India to over 100 domestic and multinational companies operating in the IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries in 12 cities and over 120 clients.Company's subsidiary, 2X2 Logistics, provides logistics and transportation services to OEMs to carry finished automobiles from the manufacturing locations to stockyards or directly to the distributors through specially designed vehicles.Company's other subsidiary, Lords, provides international freight forwarding services for exports and imports, customs brokerage operations, project cargo services and charters
Objects of the Issue
1
1 To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale
Mahindra Logistics Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,939.6
31-Mar-15
₹2,077.1
31-Mar-16
₹2,676.3
31-Mar-17
Profit After Tax (PAT)
₹38.5
31-Mar-15
₹36.0
31-Mar-16
₹46.1
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 2676.25 2077.13 1939.56
EBITDA N/A N/A N/A
Profit After Tax (PAT) 46.07 35.97 38.52
Net Worth N/A N/A N/A
Total Assets 816.72 591.47 518.85
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,93,32,346 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding7,11,41,924 shares
Post-Issue Promoter Holding7,11,41,924 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Kotak Mahindra Capital Co.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Mahindra Logistics Ltd. IPO subscribed?

Mahindra Logistics Ltd. IPO is subscribed 1.00 times by Nov 02, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Mahindra Logistics Ltd. IPO retail subscription status?

The Mahindra Logistics Ltd. IPO retail category is subscribed 1.00 times as of 02 Nov 2017. The retail portion is oversubscribed.

How to subscribe Mahindra Logistics Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 31 Oct 2017 and closes 02 Nov 2017. Min investment: ₹14,586 (1 lot = 34 shares). UPI mandate: 2017-11-02.

How many times Mahindra Logistics Ltd. IPO subscribed?

The Mahindra Logistics Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Mahindra Logistics Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Nov 2017. Refunds: on 09 Nov 2017.

When Mahindra Logistics Ltd. IPO will be listed?

The Mahindra Logistics Ltd. IPO listing date is 10 Nov 2017, Friday. Listed on: NSE & BSE. Issue price: ₹429. Estimated listing: ₹429. GMP: NIL.

When Mahindra Logistics Ltd. IPO close?

The Mahindra Logistics Ltd. IPO closes on 02 Nov 2017, Thursday. UPI mandate: 2017-11-02. Allotment: 08 Nov 2017. Listing: 10 Nov 2017.