HomeIPO 2017Mahindra Logistics IPO Date, GMP, Listing Price, Market Lot and Review
October 18, 2017
Mahindra Logistics IPO Date, GMP, Listing Price, Market Lot and Review
Mahindra Logistics Limited, one of India’s largest (on the basis of annual revenue) 3PL solutions providers in the Indian logistics industry which was estimated at *6.40 trillion in Fiscal 2017, according to the CRISIL Report. It believes that its competitive advantage is its “asset-light” business model pursuant to which assets necessary for its operations such as vehicles and warehouses are owned or provided by a large network of business partners. Its technology enabled, “asset-light” business model allows for scalability of services as well as the flexibility to develop and offer customized logistics solutions across a diverse set of industries.