Mahindra Logistics Limited IPO

Add to Calendar 2017-10-31 12:00 AM 2017-11-02 12:00 AM Asia/Kolkata Mahindra Logistics Limited IPO Mahindra Logistics Limited India

Introduction: Mahindra logistics is the provider of end-to-end logistics solution. Mahindra is India's leading corporate groups with operations across several industries and countries.

Date of Establishment: Company was formed in the year 2008. 

Product & Service Offering: The company offers transportation and distribution, warehousing, in-factory logistics and value added services to its clients.

Customer Segment: Customer base comprises majorly of corporates clients spanning across IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries. 

Promoters of Mahindra logistics: The Promoter of the Company is Mahindra & Mahindra Limited.

 Objects of the Issue: The key aim of the issue is to meet

    i) leverage the benefits of getting listed on exchanges

    ii) providing easy exit to current investors.  

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
  31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 8,167.17 5,914.67 5,188.47
Total Revenue 26,762.52 20,771.25 19,395.55
Profit After Tax 460.69 359.68 385.24

Issue Detail

  • Issue Open: Oct 31, 2017
  • Issue Close: Nov 02, 2017
  • Issue Type: Book Built Issue IPO Particulars For the year/period ended (in Rs. million) 31-Mar-17 31-Mar-16 31-Mar-15 Total Assets 8,167.17 5,914.67 5,188.47 Total Revenue 26,762.52 20,771.25 19,395.55 Profit After Tax 460.69 359.68 385.24
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 425 - Rs 429 Per Equity Share
  • Bid Lot:34 Shares
  • Minimum Order Quantity:34 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 829.36 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 3,841,469 2,881,102 6,722,572 125,000 - 13,570,143
Day 1 - Oct 31, 2017IST 0.3500 0.0300 0.7600 0.2900 - 0.4800
Day 2 - Nov 01, 2017IST 0.7600 0.1000 2.1700 0.9200 - 1.3200
Day 3 - Nov 02, 2017IST 15.6000 2.0700 6.1000 1.9400 - 7.9000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 429.00 Rs 429.00
Open Rs 432.00 Rs 429.00
Low Rs 416.55 Rs 416.10
High Rs 433.95 Rs 433.85
Last Trade Rs 429.15 Rs 429.50
Volume 1,499,246 10,214,458

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