Mahindra Logistics Limited IPO
Mainboard
₹ 14586 /34 Shares
31 Oct, 2017
Open Date02 Nov, 2017
Close Date08 Nov, 2017
Allotment Date10 Nov, 2017
Listing DateIPO Issue Details
- Issue Price Rs 425 - Rs 429 Per Equity Share (Rs 42 discount for eligible employees)
- Face Value Rs 10 Per Equity Share
- Issue Price 1,93,32,346 Equity Shares of Rs 10 with aggregating up to Rs 829.36 Cr
- Listing at NSE, BSE
- Lead Manager Axis Bank Limited and Kotak Mahindra Capital Company Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹425 - 429 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Oct 31, 2017 and ends on Nov 2, 2017. The allotment for IPO will be finalized on Nov 8, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 10, 2017. The company shall list its equity shares on the NSE, BSE. Link Intime India Private Ltd is the registrar of the issue.
The book-running lead manager for the IPO is/are Axis Bank Limited and Kotak Mahindra Capital Company Limited.
The IPO sets its price band at 425 - 429 for each share. A single application for Mahindra Logistics Limited IPO must contain at least 34 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 38,41,469 | 28,81,102 | 67,22,572 | 1,35,70,143 |
|
Day 1
31-10-17
|
0.35 x | 0.03 | 0.76 x | 0.48 x |
|
Day 2
01-11-17
|
0.76 x | 0.11 | 2.18 x | 1.32 x |
|
Day 3
02-11-17
|
15.61 x | 2.07 | 5.94 x | 7.82 x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
IPO - FAQs
Ans. Mahindra Logistics Limited IPO is a Mainboard IPO. The issue is priced at Rs 425 - Rs 429 Per Equity Share (Rs 42 discount for eligible employees). The minimum order quantity is 34 Shares. The IPO opens on Oct 31, 2017, and closes on Nov 2, 2017. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Ans. The Mahindra Logistics Limited IPO opens on Oct 31, 2017 and closes on Nov 2, 2017.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Mahindra Logistics Limited IPO is 1,93,32,346 Equity Shares of Rs 10 with aggregating up to Rs 829.36 Cr.
Ans. The Mahindra Logistics Limited IPO price band is set between Rs 425 - Rs 429 Per Equity Share (Rs 42 discount for eligible employees).
Ans. To apply for Mahindra Logistics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mahindra Logistics Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mahindra Logistics Limited IPO is Nov 8, 2017.
Ans. The Mahindra Logistics Limited IPO will be listed on Nov 10, 2017.
Ans. Follow the steps to check the Mahindra Logistics Limited IPO allotment status online.
