Wednesday, November 08, 2017

Mahindra Logistics IPO Listing Date & Price Details

Mahindra Logistics IPO  is another ipo to look for. It was started well with gmp around 60-70 rupees but somehow it came down. Market is adding milestones and now its time for a Mahindra brand to test the listing. The ipo subscribed well but not as per expected compare to Reliance Nippon. It has gmp around 30-35 rupees. It will list in premium and on a higher side we can expect around 460-480 levels and if market do not support it might slip to a lower level around 400 level as well. Happy Investing to all.
Mahindra Logistics IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code 540768
Group B
ISIN No INE766P01016
Offer Price Rs.425 / 429
Face Value Rs.10
Listing Date 10-Nov-17, Friday

Mahindra Logistics IPO Listing Price: Live Quote

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Mahindra Logistics IPO Subscription: (Fully Subscribed)

Day 10.350.030.760.290.48
Day 2 0.770.112.180.921.32
Day 3 15.612.076.111.947.90

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