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Mahindra Logistics IPO Subscription Details (Live Status)

Mahindra Logistics IPO Details

Issue Open Oct 31, 2017
Issue Close Nov 2, 2017
IPO Price ₹429
Face Value ₹10
IPO Size ₹829.36 Cr
Listing At BSE, NSE
IPO Lot Size 34
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Mahindra Logistics IPO Subscription Status Live

Mahindra Logistics IPO subscribed 7.90 times. The public issue subscribed 6.10 times in the retail category, 15.60 times in QIB, and 2.07 times in the NII category by Nov 2, 2017.

Investor CategorySubscription (times)
Qualified Institutions15.60
Non-Institutional Buyers2.07
Retail Investors6.10
Employees1.94
Others[.]
Total7.90

Mahindra Logistics IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Oct 31, 2017
0.350.030.760.290.48
Day 2
Nov 1, 2017
0.760.102.170.921.32
Day 3
Nov 2, 2017
15.602.076.101.947.90

Mahindra Logistics IPO Shares Offered

Mahindra Logistics IPO is a public issue of 13,570,143 equity shares. The issue offers 6,722,572 shares to retail investors, 3,841,469 shares to qualified institutional buyers, and 2,881,102 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
QIB3,841,469164.80
NII2,881,102123.60
Retail6,722,572288.40
Employee125,0005.36
Total13,570,143582.16

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Mahindra Logistics IPO Subscription FAQs

The Mahindra Logistics IPO is subscribed 7.90 by Nov 2, 2017.

Mahindra Logistics IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional15.60
Non Institutional2.07
Retail Individual6.10
Employee Reservations1.94
Others[.]
Total Subscription7.90

Retail category of Mahindra Logistics IPO subscribed 6.10 times as of date Nov 2, 2017. The public issue closes on Nov 2, 2017 for bidding.

An investor can apply in Mahindra Logistics IPO online via bank (using ASBA) or the broker (using UPI). The Mahindra Logistics IPO shares are offered online only.

The Mahindra Logistics IPO is subscribed 7.90 by Nov 2, 2017.

The Mahindra Logistics IPO allotment status is expected on or around Nov 8, 2017. Visit Mahindra Logistics IPO allotment status to check.

The Mahindra Logistics IPO listing date is Friday, November 10, 2017. The equity share of Mahindra Logistics Limited will list on BSE, NSE.

Visit Mahindra Logistics IPO subscription status page for real-time bidding information about Mahindra Logistics IPO.

Mahindra Logistics IPO Timetable

IPO Opens OnOct 31, 2017
IPO Closes OnNov 2, 2017
Finalisation of Basis of AllotmentNov 8, 2017
Initiation of RefundsNov 9, 2017
Credit of Shares to Demat AccountNov 9, 2017
IPO Listing DateNov 10, 2017