Mahindra Logistics IPO Listing Date & Price Details

Mahindra Logistics IPO  is another ipo to look for. It was started well with gmp around 60-70 rupees but somehow it came down. Market is adding milestones and now its time for a Mahindra brand to test the listing. The ipo subscribed well but not as per expected compare to Reliance Nippon. It has gmp around 30-35 rupees. It will list in premium and on a higher side we can expect around 460-480 levels and if market do not support it might slip to a lower level around 400 level as well. Happy Investing to all.

Mahindra Logistics IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code	540768
NSE Code	MAHLOG
Group	B
ISIN No	INE766P01016
Offer Price	Rs.425 / 429
Face Value	Rs.10
Listing Date	10-Nov-17, Friday

Mahindra Logistics IPO Listing Price: Live Quote

Details	BSE Listing	NSE Listing
Listing Price	432.00	429.00
High Price	433.95	433.85
Low Price	416.55	416.10
Close Price	429.15	429.50

Mahindra Logistics IPO Subscription: (Fully Subscribed)

Day	QIB	NII	RII	EMP	Total
Day 1	0.35	0.03	0.76	0.29	0.48
Day 2	0.77	0.11	2.18	0.92	1.32
Day 3	15.61	2.07	6.11	1.94	7.90

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