Mahindra Logistics IPO Allotment Status, Price band, Subscription

Mahindra Logistics IPO Status

How to check Mahindra Logistics IPO allotment status? Know Mahindra Logistics IPO allotment date, price band, face value, listing date, etc. In this article we shared all the detail information when Mahindra Logistics IPO allotment comes, Know online IPO allotment status of Mahindra Logistics.

Mahindra Logistics IPO

Mahindra Logistics IPO Details

You want to know about Mahindra Logistics IPO allotment status? Then read below information like when Mahindra Logistics IPO allotment date, Listing date, refund date, etc.

Mahindra Logistics IPO Start Date: 31st October, 2017

Mahindra Logistics IPO Close Date: 2nd November, 2017

Price Band:  Rs.425 to 429 per share

Face Values: Rs. 10 per share

Market Lot: 34 share per 1 lot

Minimum Amount: Rs.14586

Listing: Both NSE & BSE

Mahindra Logistics IPO Allotment Date: 8th November, 2017

Mahindra Logistics Refund Date: 9th November, 2017

Recommended: Dixon IPO Allotment

About Mahindra Logistics IPO

An investment in equity shares involves a high degree of risk. You should carefully consider all the information in this Draft Red Herring Prospectus, including the risks and uncertainties described below, before making an investment in the Equity Shares. The risks and uncertainties described below are not the only ones relevant to us or the Equity Shares, the transportation and logistics industry or India. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also affect our business, results of operations, financial condition and prospects.

In making an investment decision, prospective investors must rely on their own examination of us and the terms of the Offer, including the merits and the risks involved. If any of the risks described below or other risks that are currently not known actually occur, our business, results of operations, financial condition and prospects could be adversely affected, the trading price of the Equity Shares could decline and prospective investors may lose all or part of their investment. Check allotment status of Mahindra Logistics IPO online.

The financial and other related implications of risks concerned, wherever quantifiable, have been disclosed in the risk factors mentioned below. However, the effects of certain risks may not be quantifiable, and hence, have not been disclosed in the applicable risk factors. You should consult your tax, financial and legal advisers about the particular consequences to you of an investment in the Equity Shares. At our website you can check all the past allotment status information like capacite infra IPO status, Matrimony IPO allotment status and many more.

Mahindra Logistics Company Information

Company was incorporated under its present name as a public limited company under the Companies Act,1956 pursuant to the certificate of incorporation dated August 24, 2007 granted by the RoC.  Company was granted the certificate for commencement of business dated October 15, 2007 by the RoC.

Company’s Promoter, Mahindra and Mahindra Limited, through its logistics division, Mahindra Logistics – undertook the business of providing logistics solutions, warehousing, freight forwarding and supply chain services. Pursuant to a business transfer agreement dated September 11, 2008 between our Promoter and our Company, the entire Logistics Business was transferred to our Company. Subsequently, the Logistics Business has since then been undertaken by Company and Subsidiaries.

Mahindra Logistics Vision:

To be India’s leading and most preferred integrated logistics service provider.

Mission

To serve customers, in global markets, by providing creative, cost effective, technology enabled solutions that continuously meet and exceed customers’ expectations. Thus, enhancing stakeholder value.

Financial Information on Mahindra Logistics

Particular March 14 March 15 March 16 March 17
Total Revenue 1757 1939 2077 2676
Total Expense 1702 1880 2021 2608
Profit After TAX 36 38 36 46

Subscription of Mahindra Logistics IPO

You know how many times Mahindra logistics IPO subscribe? Almost 37% subscribe on day 1 and 84% on day 2 Mahindra Logistics IPO subscribe.

Day Day 1 Day 2 Day 3
QIB 0.36 0.78 15.62
NII 0.04 0.12 2.08
RII 0.79 2.19 6.12
EMP 0.30 0.93 1.95
Total 0.49 1.33 7.91

Mahindra Logistics IPO GMP & Kostak

As on 03 November 2017,@ GMP INR 6

As on 02 November 2017,@ GMP INR 20

As on 01 November 2017,@ GMP INR 24 ,Kostak 150

As on 30 October 2017,@ GMP INR 39 Seller ,Kostak 350

As on 27 October 2017,@ GMP INR 45 ,Kostak 350

As on 26 October 2017,@ GMP INR 80 ,Kostak 350

As on 25 October 2017,@ GMP INR 101 ,Kostak 375

As on 23 October 2017,@ GMP INR 148 ,Kostak NIL

Lead Managers for Mahindra Logistics IPO

You know Book running lead managers for the Mahindra Logistics IPO? If don’t know then don’t worry here we shared the details of them.

  • Axis Capital Limited

1 st Floor, Axis House, C-2, Wadia International Centre,

P.B. Marg, Worli,

Mumbai 400 025

Tel: + 91 22 4325 2183

Fax: +91 22 4325 3000

E-mail: mll.ipo@axiscap.in

Investor grievance e-mail: complaints@axiscap.in

Website: www.axiscapital.co.in

Contact person: Simran Gadh

SEBI Registration No.: INM000012029

  • Kotak Mahindra Capital Company Limited

1st Floor, 27 BKC, Plot No. 27, G Block,

Bandra Kurla Complex, Bandra (East),

Mumbai 400 051

Tel: +91 22 4336 0000

Fax: +91 22 6713 2447

E-mail: mll.ipo@kotak.com

Investor grievance e-mail: kmccredressal@kotak.com

Website: http://investmentbank.kotak.com

Contact Person: Ganesh Rane

SEBI Registration No.: INM000008704

Mahindra Logistics IPO Registrar

Link in time is the registrar of Mahindra Logistics IPO.

Link Intime India Private Limited

C-101, 1 st floor, 247 Park

L B S Marg

Vikhroli West

Mumbai 400 083

Tel: +91 22 4918 6200

Fax: +91 22 4918 6195

E-mail: mahindralogistics.ipo@linkintime.co.in

Investor grievance e-mail: mahindralogistics.ipo@linkintime.co.in

Website: www.linkintime.co.in

Contact Person: Shanti Gopalkrishnan

SEBI Registration No.: INR000004058

Conclusion of Mahindra Logistics IPO Allotment Status

We clear all the information about Mahindra Logistics IPO allotment status and other details like price, Face value, allotment date of Mahindra Logistics IPO, etc. Also you know other IPO status like New India IPO allotment status, Reliance Nippon IPO status and Capacite IPO.

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