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

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.