Mahindra Logistics IPO Subscription Numbers & Status, IPO Subscribed 7.90 times

Mahindra Logistics iposubscription to start from 31st October. Its been good performance by RNippon and now its time of Mahindra brand to come up with good numbers. As the company has good steady growth one can expect a good subscription numbers to come. We can expect around 10-15 times in retail. Check Mahindra Logistics ipo gmp by day to day.

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