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Incorporated in 2006, Maheshwari Logistics Limited provides logistics services in India. They offers logistics services to cement, paper, and oil industries, as well as to other manufacturing industries and traders. The company is also involved is supplying non-coking coal; and manufacturing and trading of kraft paper.
Based in in Valsad, India, Maheshwari Logistics primarily offer full truck load fright services to large and medium size companies mainly across the state of Gujrat and Rajasthan. They also extend their logistic arms in state of Maharashtra and Madhya Pradesh. They use their own truck as well as hire third party transportation services for carrying out logistics operations.
The promoters of the company are:
1. Vinay Maheshwari
2. Varun Kabra
3. Mukta Maheshwari
The object of the issue are to:
1. Working capital requirements;
2. General Corporate purposes.
| IPO Opening Date | Dec 30, 2016 |
| IPO Closing Date | Jan 6, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹68 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Issue Size | 3,996,000 Eq Shares of ₹10 (aggregating up to ₹27.17 Cr) |
The Maheshwari Logistics IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹136,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹136,000 |
| Maximum | 1 | 2000 | ₹136,000 |
| Listing Date | Monday, January 16, 2017 |
| BSE Script Code | |
| NSE Symbol | MAHESHWARI |
| Listing In | |
| ISIN | INE263W01010 |
| IPO Price | ₹68 per equity share |
| Face Value | ₹10 per equity share |
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Maheshwari Logistics Limited
MLL House, A - 2, 3/2,
Opp. UPL, Phase - 1, GIDC,
Vapi - 95
Phone: +91 260-2431024
Email: info@mlpl.biz
Website: http://www.mlpl.biz/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investors@mlpl.biz
Website: http://www.bigshareonline.com
Maheshwari Logistics IPO is a SME IPO of 3,996,000 equity shares of the face value of ₹10 aggregating up to ₹27.17 Crores. The issue is priced at ₹68 per equity share. The minimum order quantity is 2000 Shares.
The IPO opens on Dec 30, 2016, and closes on Jan 6, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Maheshwari Logistics IPO opens on Dec 30, 2016 and closes on Jan 6, 2017.
Maheshwari Logistics IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
You can apply in Maheshwari Logistics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Maheshwari Logistics IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Maheshwari Logistics IPO allotment status.
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