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 Price: Live Quote
Mahindra Logistics IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:
| BSE Code | 540768 |
| NSE Code | MAHLOG |
| 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
| Details | BSE Listing | NSE Listing |
| Listing Price | 432.00 | 429.00 |
| High Price | 433.95 | 433.85 |
| Low Price | 416.55 | 416.10 |
| Close Price | 429.15 | 429.50 |
Mahindra Logistics IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | EMP | Total |
| Day 1 | 0.35 | 0.03 | 0.76 | 0.29 | 0.48 |
| Day 2 | 0.77 | 0.11 | 2.18 | 0.92 | 1.32 |
| Day 3 | 15.61 | 2.07 | 6.11 | 1.94 | 7.90 |
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
0 Responses
Good job…