Mahindra Logistics IPO Allotment Status Declared

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.

Mahindra Logistics IPO Status

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
Allotment Date 08/11/2017
Refund Date 09/11/2017
Listing Date 10/11/2017
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.

Mahindra Logistics IPO

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)

2017 2016 2015 2014 2013
Revenue 2676.3 2077.1 1939.6 1757.0 1535.5
Expenses 2608.4 2021.2 1880.3 1702.7 1499.4
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
Average 6.26 6.26

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
Average 6.24 6.24

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
QIB 0.35 0.77 15.61
NII 0.03 0.11 2.07
RII 0.76 2.18 6.11
EMP 0.29 0.92 1.94
Total 0.48 1.32 7.90

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

E-mail: mll.ipo@kotak.com

Investor grievance e-mail: kmccredressal@kotak.com

Website: http://investmentbank.kotak.com

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

E-mail: mll.ipo@axiscap.in

Investor grievance e-mail: complaints@axiscap.in

Website: www.axiscapital.co.in

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

Vikhroli West

Mumbai 400 083

Tel: +91 22 4918 6200

Fax: +91 22 4918 6195

E-mail: mahindralogistics.ipo@linkintime.co.in

Investor grievance e-mail: mahindralogistics.ipo@linkintime.co.in

Website: www.linkintime.co.in

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.

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