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.

Mahindra Logistics IPO Dates & Price Band: (Approx)

  • Issue Open: Oct 31, 2017 – Nov 2, 2017
  • Issue Type: Book Built Issue IPO
  • Issue Size: 19,332,346 Equity Shares of Rs 10 aggregating up to Rs 829.36 Cr
    › Offer for Sale of 19,332,346 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  • Face Value: Rs 10 Per Equity Share
  • Issue Price: Rs 425 – Rs 429 Per Equity Share
  • Market Lot: 34 Shares
  • Minimum Order Quantity: 34 Shares
  • Listing At: BSE, NSE

Mahindra Logistics IPO Allotment & Listing:

  • Basis of Allotment: 8-November
  • Refunds: 9-November
  • Credit to demat accounts: 9-November
  • Listing: 10-November

Issue Size :
Offer : Up to 19,332,346 Equity Shares
Employee Reservation Portion: Up to 125,000 Equity Shares
Net Offer: Up to 19,207,346 Equity Shares

Allocation:
QIB : 50% of the Offer
HNI : 15% of the Offer
Retail :35% of the Offer

Mahindra Logistics IPO GMP
Click here to see Grey Market Premium

Mahindra Logistics IPO Registrar:
Link Intime India Private Limited
Tel: +91 22 4918 6200
Fax: +91 22 4918 6195
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

Mahindra Logistics IPO Lead Managers:
Kotak Mahindra Capital Company Limited
Axis Capital Limited

Company Address:
Mahindra Logistics Limited
Address: 1A & 1B, 4th Floor, Techniplex 1, Techniplex Complex,
Veer Savarkar Flyover, Goregaon West, Mumbai – 400062
Tel: +91 22 2871 6800
Contact Person: Nikhil Nayak
Chief Financial Officer and Compliance Officer
Tel: +91 22 2871 5500
E-mail: [email protected]
Website: www.mahindralogistics.com

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