Wednesday, October 18, 2017

Mahindra Logistics IPO Dates, Price Band, Market Lot Details

Mahindra Logistics Limited ipo to open on 31st October 2017 for subscription. The company is coming up with 1,93,32,346 equity shares which offer is going to close on 2nd November. Mahindra Logistics IPO is worth Rs.700 crore. Mahindra & Mahindra owned a share around 13.74% in the public offer. Mahindra Logistics incorporated in 2007 and logistics division of Mahindra and Mahindra Limited. They are providing logistic solutions, warehousing, freight forwarding and supply chain services. They are providing customized third party supply chain and people transport solutions to companies across india. This will be another intersting ipo which will be good for short term and long term investors.

Mahindra Logistics IPO Review:
  • Apply for Listing Gain & Long Term Gain
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
Mahindra Logistics Financial:
Its about going well for Mahindra Logistics. As the business is growing PAT increased around 20% compared to last year while Assets is around 30% increased and Revenues increased same way around 30%. A good brand name is also in the making of a profitable company. A good company to invest in for short term and long term as well.

      Financial Results (Rs. in Crore)

2017 2016 2015 2014 2013
Assets 817 591 519 N/A N/A
Revenue 2676 2077 1940 N/A N/A
PAT 46 36 39 N/A N/A

Company Promoters:
  • Keshub Mahindra
  • Anand Mahindra
Quick Links:
DRHP Draft Prospectus

Mahindra Logistics IPO Registrar:
Link Intime India Private Limited
Tel: +91 22 4918 6200
Fax: +91 22 4918 6195
Investor grievance e-mail:
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Mahindra Logistics IPO Lead Managers:
  • Kotak Mahindra Capital Company Limited
  • Axis Capital Limited
Company Address:
Mahindra Logistics Limited
Address:  1A & 1B, 4th Floor, Techniplex 1, Techniplex Complex,
Veer Savarkar Flyover, Goregaon West, Mumbai – 400062
Tel: +91 22 2871 6800
Contact Person: Nikhil Nayak
Chief Financial Officer and Compliance Officer
Tel: +91 22 2871 5500