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Mahindra Logistics Limited IPO (Mahindra Logistics IPO) Detail

Oct 31, 2017 - Nov 2, 2017

Incorporated in 2008, Mahindra Logistics Limited is end-to-end logistics solution and service provider. Mahindra Logistics is part of Mahindra Group (M&M), one of India's leading corporate groups with operations across several industries and countries. Before 2008 the logistics business of M&M was operated as a division of M&M serving the transportation and distribution, warehousing and in-factory logistics requirements of M&M.

The logistics solution of the company includes transportation and distribution, warehousing, in-factory logistics and value added services to its clients.

Company also provide people transportation solutions and services across India to over 100 domestic and multinational companies operating in the IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries in 12 cities and over 120 clients.

Company's subsidiary, 2X2 Logistics, provides logistics and transportation services to OEMs to carry finished automobiles from the manufacturing locations to stockyards or directly to the distributors through specially designed vehicles.

Company's other subsidiary, Lords, provides international freight forwarding services for exports and imports, customs brokerage operations, project cargo services and charters.

Company Promoters:

The Promoter of the Company is Mahindra & Mahindra Limited.

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. million)
31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 8,167.17 5,914.67 5,188.47
Total Revenue 26,762.52 20,771.25 19,395.55
Profit After Tax 460.69 359.68 385.24

Objects of the Issue:

The objects of the Offer are:
1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
2. For the Offer for Sale.

Company will not receive any proceeds from the Offer as all the proceeds will be received by the Selling Shareholders.

Issue Detail:

  »»  Issue Open: Oct 31, 2017 - Nov 2, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 19,332,346 Equity Shares of Rs 10 aggregating up to Rs 829.36 Cr
    ›  Offer for Sale of 19,332,346 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 425 - Rs 429 Per Equity Share
  »»  Market Lot: 34 Shares
  »»  Minimum Order Quantity: 34 Shares
  »»  Listing At: BSE, NSE

Allotment to Anchor Investors

Date: 30th Oct 2017

Mahindra Logistics Limited has allocated 57,62,203 equity shares at Rs 429 per equity share aggregating to Rs.247.2 crore to 15 anchor investors. 6 mutual funds have applied through a total of 10 schemes.

Mahindra Logistics IPO Reviews:

  1. Mahindra Logistics Limited IPO review by Dilip Davda

Mahindra Logistics IPO Recommendations:

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Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIIEmployeeTotal
Shares Offered / Reserved3,841,4692,881,1026,722,572125,00013,570,143
Day 1 - Oct 31, 2017 17:00 IST0.35000.03000.76000.29000.4800
Day 2 - Nov 1, 2017 17:00 IST0.76000.10002.17000.92001.3200
Day 3 - Nov 2, 2017 22:00 IST15.60002.07006.10001.94007.9000

Mahindra Logistics IPO Prospectus

Mahindra Logistics IPO Rating

1393
4.0
Rating:Rated 4.0 stars

Vote Here ...

Mahindra Logistics IPO Listing Date

  •   ›  Listing Date: Friday, November 10, 2017
  •   ›  BSE Script Code: 540768
  •   ›  NSE Symbol: MAHLOG
  •   ›  Listing In:
  •   ›  ISIN: INE766P01016
  •   ›  Issue Price: Rs 429 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 429.00
Rs 432.00
Rs 416.55
Rs 433.95
Rs 429.15
1,499,246
NSE
Rs 429.00
Rs 429.00
Rs 416.10
Rs 433.85
Rs 429.50
10,214,458

Mahindra Logistics IPO News Alerts

  1. Friday, November 10, 2017 12:00:00 AM
    Mahindra Logistics IPO - Listing
  2. Wednesday, November 8, 2017 12:00:00 AM
    Mahindra Logistics IPO - Allotment
  3. Thursday, November 2, 2017 12:00:00 AM
    Mahindra Logistics Limited IPO - Close
  4. Tuesday, October 31, 2017 12:00:00 AM
    Mahindra Logistics Limited IPO - Open

Company Contact Information

Mahindra Logistics Limited
Mahindra Towers, P. K. Kurne Chowk,
Worli, Mumbai - 400018

Phone: +91 22 2490 1441
Fax: +91 22 2490 0833
Email: cfo.mll@mahindra.com
Website: http://www.mahindralogistics.com/

Mahindra Logistics IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: mahindralogistics.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Mahindra Logistics IPO Lead Manager(s)

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Mahindra Logistics IPO Review / Comments

avatar
619. P M  Nov 29, 2017 6:55:11 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 800+ Likes)
Again makes new all time high today ------ 461.25
avatar
618. Swastika Investmart  Nov 28, 2017 9:14:15 PM IST I Like It. | Report Abuse Reply
The issue received bids for 30,98,148 shares, which was 37 per cent of the total issue size of 1,35,70,143 shares. Retail individual investor quota was subscribed around 57.89 per cent, qualified institutional buyer 35 per cent and non-institutional individual investor was negligibly subscribed.

Mahindra & Mahindra and private equity investor Kedaara Capital will each sell 96.6 lakh shares through the IPO. This represents a stake of nearly 27.5 per cent. Mahindra Logistics is not selling any fresh shares.

To know more, contact us at https://www.swastika.co.in/contact-us
avatar
617. Aniketiaf  Nov 27, 2017 8:53:45 PM IST I Like It. 2 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 1300+ Likes)
Finally Mahendra logistics became profitable for me. Holding a lot of Ipo allotted Shares.
avatar
616. P M  Nov 27, 2017 6:01:24 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 800+ Likes)
Again makes new all time high today ------ 457.00
avatar
615. P M  Nov 24, 2017 11:21:30 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 800+ Likes)
Makes new all time high today ------ 452.00
avatar
614. P M  Nov 17, 2017 5:35:52 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 800+ Likes)
Again makes new all time low ------------- 405.00
avatar
614.1. Vijendra  Nov 21, 2017 10:54:34 AM IST I Like It. | Report Abuse
on the way for new time high
avatar
614.2. Vijendra  Nov 24, 2017 8:36:02 PM IST I Like It. | Report Abuse
450.30 new time high achieved today
avatar
613. Niceone  Nov 13, 2017 1:30:20 PM IST I Like It. 2 | Report Abuse Reply
Something cooking in Mahindra SL 415 tg 470 as
avatar
613.1. Solution of Queries  Nov 15, 2017 3:45:02 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Nothing cooking sir ji.....its only trap ,,,better go for other good stocks if u want to invest now......
avatar
613.2. RJ Rocks  Nov 24, 2017 1:00:35 PM IST I Like It. | Report Abuse
Today 449.90
avatar
612. MickeyP  Nov 19, 2017 4:22:41 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Seems there is no IPO lined up in the next few days. Finally IPO flood is settling down.
avatar
611. P M  Nov 16, 2017 6:01:21 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (900+ Posts, 800+ Likes)
Today makes new all time low -------- 412.30
avatar
610. Cool Sunshine  Nov 14, 2017 10:21:28 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
This stock will test everybody patience as it will rise very very gradually even most of the days/weeks rise will be so gradual that no one will notice it.

So if you are a long term investors be ready for grind otherwise act accordingly.

There is a little or no down side but on the up-side rise will take time...........

Another boring stock...isn''t it?
avatar
610.1. Solution of Queries  Nov 15, 2017 3:44:00 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
if capacit''s infra can become boring..thn why not it is..ha ha right @ cool.........
avatar
609. MDK  Nov 13, 2017 10:35:06 PM IST I Like It. | Report Abuse Reply
mahindra logistics will move upwards. as market closed in red for 5 days in a row, we saw poor listing in mahindra logistics. gst revision will benefit logistics sector, short term investor should hold mahindra logistics for target 475 with stop loss of 400. long term investors should hold mahindra logistics , it will reach 700 in next 18-24 months.

its subsidiary of m&m , it has debt free Balance sheet , asset light model
avatar
608. sree vas  Nov 10, 2017 9:14:51 PM IST I Like It. 1 | Report Abuse Reply
this is the first time i haven''t sold nor bought on listing day, 1 lot alloted
avatar
608.2. Cool Sunshine  Nov 11, 2017 7:42:39 PM IST I Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Btw, I am happy that you were not in a hurry to act. One shud always have solid reasons to buy in this market and also solid reasons to sell. Impulse transactions shud be avoided.
avatar
608.3. sree vas  Nov 13, 2017 6:44:14 PM IST I Like It. | Report Abuse
Thank you cool,

avatar
607. Septa  Nov 10, 2017 11:50:28 AM IST I Like It. 20 | Report Abuse Reply
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
Rs 300 stock offered at Rs 429 however I am surprised 😮 it is still near IPO price should tank but liquidity is not letting it tank.

Thank you,

Septa

Click here to follow my secondary market messages.

avatar
607.13. Septa  Nov 11, 2017 8:58:11 PM IST I Like It. 3 | Report Abuse
IPO Guru IPO Guru (3900+ Posts, 4400+ Likes)
GAMBLE
''''''''not everything is buy in bear mkt and not everything is sell on bull mkt''''''''
great quote and I agree 110%!

These
Days I am happy with 25% return per annum I know if I get that in 10 years I will have 10 times what I have today
COOL SUNSHINE PHROA VERY GOOD SUGGESTION

LIKE UR POST


Thank you,

Septa

Click here to follow my secondary market messages.

avatar
607.14. Surjeet Gureja  Nov 13, 2017 10:35:38 AM IST I Like It. 1 | Report Abuse
Hi Septa,

Your 2 recommendations (South Indian bank and Tata Global Beverages) have given me good returns. Thank you for being my wealth creator.

Thanks
Surjeet Gureja
avatar
606. SME ADVISOR  Nov 12, 2017 1:14:42 AM IST I Like It. 1 | Report Abuse Reply
mahindra brand always investor friendly.
go ahead buy this company

its high growth, almost nil debt, good management

what else u need in a stock. if valuation was a key not many people know that Jubiliant foodworks was told to be expensive since beginning kept going higher and have become a multibagger stock

avatar
605. Sultaann  Nov 11, 2017 2:40:39 PM IST I Like It. | Report Abuse Reply
M&M stand-alone net profit jumps 25% in Sep quarter, announces 1:1 bonus issue..


I hope Monday listing would be better.
avatar
604. Neeraj Sharma  Nov 10, 2017 7:57:39 PM IST I Like It. 2 | Report Abuse Reply
Sold 30 in 432/-
Keeping 4 for future hope.
Dum nahi dikha paya ye aaj.
avatar
603. Chem cho  Nov 10, 2017 6:06:52 PM IST I Like It. 3 | Report Abuse Reply
IPO Guru IPO Guru (1500+ Posts, 900+ Likes)
STOCK DID NOT GO DOWN .
WAS TRADING IN RANGE OF RS 425 - RS 430
There was freak trade at opening down to rs 416 , touched high of rs 433 ,
over all the stock closed at rs 429 , seems in strong hands
some one was helping to keep the stock steady , punters did not earn much in this stock
avatar
602. harit  Nov 10, 2017 5:12:58 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
After whole day trading
It never down below issue price with volume
So now all delivery in strong hands
avatar
601. MOHIT JAIN  Nov 10, 2017 5:09:39 PM IST I Like It. 2 | Report Abuse Reply
Aise ipo ko kahte hai naam baade and darshan chote..
avatar
600. Carn Mohan  Nov 10, 2017 5:04:32 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Aj dhool chat li isnay
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