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Mahindra Logistics Limited IPO
MainboardRs 14,586 / 34 Shares
Mahindra Logistics Limited IPO Details
The Mahindra Logistics Limited IPO price band is set between Rs 425 - Rs 429 Per Equity Share (Rs 42 discount for eligible employees), with a face value of Rs 10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 31 Oct, 2017 and closes on 2 Nov, 2017. Investors can check the allotment status on 8 Nov, 2017, while the listing date is tentatively scheduled for 10 Nov, 2017.
The total issue size is 1,93,32,346 Equity Shares of Rs 10 with aggregating up to Rs 829.36 Cr, aggregating up to . Stay tuned for the latest Mahindra Logistics Limited IPO review and GMP updates.
Mahindra Logistics Limited IPO Review, Rating & Analysis
Mahindra Logistics Limited IPO Review
NO REVIEWMahindra Logistics Limited IPO Rating
Mahindra Logistics Limited IPO Highlights
IPO Date
Oct 31, 2017 - Nov 2, 2017
Listing Date
10 Nov, 2017
Face Value
Rs 10 Per Equity Share
Price Band
Rs 425 - Rs 429 Per Equity Share (Rs 42 discount for eligible employees)
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE
Mahindra Logistics Limited IPO Lot Size
The minimum market lot for Mahindra Logistics Limited IPO is 34 shares with an application amount of ₹1,428. Retail investors can apply for up to 140 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹1,428 |
| Retail (Max) | 140 | 4760 | ₹1,99,920 |
| S-HNI (Min) | 141 | 4794 | ₹2,01,348 |
| S-HNI (Max) | 700 | 23800 | ₹9,99,600 |
| B-HNI (Min) | 701 | 23834 | ₹10,01,028 |
Mahindra Logistics Limited IPO Timeline
Issue Price
Rs 425 - Rs 429 Per Equity Share (Rs 42 discount for eligible employees)Face Value
Rs 10 Per Equity ShareListing at Group
NSE, BSERegistrar
Link Intime India Private LtdLead Manager
Axis Bank Limited and Kotak Mahindra Capital Company LimitedIssue Size
1,93,32,346 Equity Shares of Rs 10 with aggregating up to Rs 829.36 CrPromoters & Share Holding
Promoter(s) Name
- Mahindra & Mahindra Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Mahindra Logistics Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 38,41,469 | 28,81,102 | 67,22,572 | 1,35,70,143 |
Day 1 -31-10-17 | 0.35 x | 0.03 | 0.76 x | 0.48 x |
Day 2 -01-11-17 | 0.76 x | 0.11 | 2.18 x | 1.32 x |
Day 3 -02-11-17 | 15.61 x | 2.07 | 5.94 x | 7.82 x |
Frequently Asked Questions about Mahindra Logistics Limited IPO IPO
When will Mahindra Logistics Limited IPO open for subscription?
The Mahindra Logistics Limited IPO opens on 31 Oct, 2017 and closes on 2 Nov, 2017.
What is the investors portion for Mahindra Logistics Limited IPO?
The investors' portion for QIB is 15.61 x, NII is 2.07, and Retail is 5.94 x.
How to apply for Mahindra Logistics Limited IPO?
You can apply for Mahindra Logistics Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mahindra Logistics Limited IPO?
The issue size of Mahindra Logistics Limited IPO is approx ₹1,93,32,346 Equity Shares of Rs 10 with aggregating up to Rs 829.36 Cr crores.
What is the price band of Mahindra Logistics Limited IPO?
The price band for Mahindra Logistics Limited IPO is Rs 425 to ₹ Rs 429 Per Equity Share (Rs 42 discount for eligible employees).
What is the lot size of Mahindra Logistics Limited IPO?
The minimum bid (lot size) for Mahindra Logistics Limited IPO is 34 shares with an investment of approx Rs 14,586 .
What is the allotment date of Mahindra Logistics Limited IPO?
The allotment date for Mahindra Logistics Limited IPO is 8 Nov, 2017.
What is the listing date of Mahindra Logistics Limited IPO?
The listing date for Mahindra Logistics Limited IPO is expected to be 10 Nov, 2017.
What is the GMP of Mahindra Logistics Limited IPO?
The latest Grey Market Premium (GMP) for Mahindra Logistics Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.