Mahindra Logistics IPO Dates, Price Band, Market Lot Details

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Mahindra Logistics Limited ipo to open on 31st October 2017 for subscription. The company is coming up with 1,93,32,346 equity shares which offer is going to close on 2nd November. Mahindra Logistics IPO is worth Rs.700 crore. Mahindra & Mahindra owned a share around 13.74% in the public offer. Mahindra Logistics incorporated in 2007 and logistics division of Mahindra and Mahindra Limited. They are providing logistic solutions, warehousing, freight forwarding and supply chain services. They are providing customized third party supply chain and people transport solutions to companies across india. This will be another intersting ipo which will be good for short term and long term investors.

Mahindra Logistics IPO Review:

  • Apply for Listing Gain & Long Term Gain

Mahindra Logistics IPO Dates & Price Band: (Approx)

  • IPO Open: 31-October-2017
  • IPO Close: 02-November-2017
  • IPO Size: Approx Rs. 701 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 425 to 429 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 1,93,32,346 Shares

Mahindra Logistics IPO Market Lot:

  • Shares: Apply for 34 Shares (Minimum Lot Size)
  • Amount: Rs. 14,586

Mahindra Logistics IPO Allotment & Listing:

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

Mahindra Logistics Financial:
Its about going well for Mahindra Logistics. As the business is growing PAT increased around 20% compared to last year while Assets is around 30% increased and Revenues increased same way around 30%. A good brand name is also in the making of a profitable company. A good company to invest in for short term and long term as well.

      Financial Results (Rs. in Crore)
20172016201520142013
Assets817591519N/AN/A
Revenue267620771940N/AN/A
PAT463639N/AN/A

Company Promoters:

  • MAHINDRA & MAHINDRA
  • Keshub Mahindra
  • Anand Mahindra

Quick Links:
DRHP Draft Prospectus

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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    4 Responses

    1. BHAI MARKET BADALTA RAHETA HAI , YEH MAHAN SATYA HAI, PAR COMPANY KI AVKAT KA DIAGRAM PERFECT RELEASE KARE TAKKI HUM ANJAN LOG PHIR SE DUBE NAHI

    2. How can I say that it will be corrrect on 355-363 I think this is a good share for listing gainer people are also saying about reliance nippon but it's 81 plus subscription done it will be also

    OPEN DEMAT ACCOUNT