Mahindra Logistics IPO Status
Check Mahindra Logistics IPO allotment status online as well as offline. Know about Mahindra Logistics IPO subscription, company financial balance sheet, book running lead managers of Mahindra Logistics, Karvy is the registrar for Mahindra Logistics IPO. To know more information about this Mahindra Logistics IPO read carefully article.
How to Check Mahindra Logistics IPO Allotment Status
If you want to check your Mahindra Logistics IPO allotment status then follow below steps:
- First of all visit Linkin Time or Karvy website
- After that select Mahindra Logistics IPO
- Then enter your application number and PAN number
- Finally tab on “Check Status”
So you can check Mahindra Logistics IPO allotment status or IPO allotment status of Mahindra Logistics online as well as offline.
Mahindra Logistics IPO Schedule
Mahindra Logistics IPO Open Date: 31st October, 2017
Mahindra Logistics Close Date: 2nd November, 2017
Face Value: Rs.10 per share
Price Band: Rs.425 to 429 per share
Mahindra Logistics IPO Size: Approx 700 crore
Share Lot: 34 share in 1 lot
Minimum Amount: Rs.14586 per lot
Mahindra Logistics IPO Allotment Date: 8th November, 2017
Mahindra Logistics IPO Refund Date: 9th November, 2017
Listing Date: 10th November, 2017
|Mahindra Logistics IPO||Particular|
|IPO Start Date||31/10/2017|
|IPO Close Date||02/11/2017|
|Face Value||Rs.10 per share|
|Price Band||Rs. 425 to 429 per share|
|IPO Size||Approx 700 crore|
|Minimum Amount||Rs.14586 for 1 lot|
Mahindra Logistics IPO Details
This being the first public issue of the Equity Shares, there has been no formal market for the Equity Shares. The face value of our Equity Shares is ` 10 each and the Floor Price and Cap Price are times and times of the face value of the Equity Shares, respectively.
The Offer Price (as determined and justified by our Company and the Selling Shareholders in consultation with the BRLMs, in accordance with the SEBI ICDR Regulations, and as stated in “Basis for Offer Price”) should not be taken to be indicative of the market price of the Equity Shares after the Equity Shares are listed. No assurance can be given regarding an active and/or sustained trading in the Equity Shares or regarding the price at which the Equity Shares will be traded after listing.
About Mahindra Logistics Company
Mahindra Logistics 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. The 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 Promoter and Company, the entire Logistics Business was transferred to our Company. Subsequently, the Logistics Business has since then been undertaken by Company and Subsidiaries.
Financial Sheet of Mahindra
You know how the financial sheet for the Mahindra Logistics Company. So here we shared last some year financial year sheet with expenses and revenue. (All figure in Rs. crore)
|Profit after TAX||46.1||36.0||38.5||36.6||24.4|
Basic and Diluted Earnings per share (EPS)
On a standalone basis:
|Financial Year||Basic EPS||Diluted EPS|
|March 31, 2017||6.58||6.58|
|March 31, 2016||5.50||5.50|
|March 31, 2015||6.83||6.83|
On a consolidated basis:
|Financial Year||Basic EPS||Diluted EPS|
|March 31, 2017||6.70||6.70|
|March 31, 2016||5.37||5.37|
|March 31, 2015||6.60||6.60|
Mahindra Logistics IPO Offers
The objects of the Mahindra Logistics IPO Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale. Further, Company expects that listing of the Equity Shares will enhance our visibility and brand image and provide liquidity to Shareholders.
The listing will also provide a public market for the Equity Shares in India. Company will not receive any proceeds from the Offer and all the proceeds will be received by the Selling Shareholders, in proportion to the Equity Shares offered by the respective Selling Shareholders as part of the Offer.
Mahindra Logistics IPO Subscription
Here in this article we shared all 3 days wise QIB, NII and other Mahindra Logistics IPO subscription data give,
NOTE: This data is from the source
|Day||Day 1||Day 2||Day 3|
Mahindra Logistics Grey Market Trends
Here in this article we shared Mahindra Logistics GMP day wise you can see it.
As on 03 November 2017 GMP INR 6/8
As on 02 November 2017 GMP INR 20/22
As on 01 November 2017 GMP INR 24/26, Kostak 150
As on 30 October 2017 GMP INR 39/40 Seller, Kostak 350
As on 27 October 2017 GMP INR 45-48 , Kostak 350
As on 26 October 2017 GMP INR 80-84 , Kostak 350
As on 25 October 2017 GMP INR 101-104, Kostak 375
As on 23 October 2017 GMP INR 148/150, Kostak NIL
Book Running Lead Managers of Mahindra Logistics IPO
For the Mahindra Logistics IPO there are 2 main book running lead managers as given:
- 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
Investor grievance e-mail: firstname.lastname@example.org
Contact Person: Ganesh Rane
SEBI Registration No.: INM000008704
- 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
Investor grievance e-mail: email@example.com
Contact person: Simran Gadh
SEBI Registration No.: INM000012029
Registrar for Mahindra Logistics IPO
Link intime is the registrar for the Mahindra Logistics IPO. The detail of Link intime is given by below:
Link Intime India Private Limited
C-101, 1 st floor, 247 Park
L B S Marg
Mumbai 400 083
Tel: +91 22 4918 6200
Fax: +91 22 4918 6195
Investor grievance e-mail: firstname.lastname@example.org
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Conclusion of Mahindra Logistics IPO Allotment Status
So, in this article we shared all the detail information about Mahindra Logistics IPO Allotment status, subscription, financial sheet, EPS, etc. Although if you have any query then you can write in the below comment box, we will our best try to solve your query as soon as early possible. At our website you can see past IPO information like Reliance Nippon IPO, General Insurance IPO, Indian Energy IPO, etc.
Mahindra Logistics IPO FAQ
- When Mahindra Logistics IPO open?
Ans: Mahindra Logistics IPO opens form 31st October, 2017.
- Mahindra Logistics IPO last date?
Ans: 2nd November, 2017 is the last date for Mahindra Logistics IPO.
- How many Times Mahindra Logistics IPO Subscribe?
Ans: Mahindra Logistics subscribe 1.32 times on second day and 7.83 times on last day.
- When Mahindra Logistics IPO Allotment status declare?
Ans: Most probably 8th November, 2017 Mahindra Logistics IPO Allotment status declared.