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October 31, 2017 - November 2, 2017

Mahindra Logistics IPO Subscription Details

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 November 2, 2017 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions15.603,841,4695,99,41,0822,571.47
Non-Institutional Buyers2.072,881,10259,66,592255.97
Retail Investors6.106,722,5724,10,22,3601,759.86
Total 7.9013,570,14310,71,72,6584,597.71

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Mahindra Logistics IPO (Day-wise) Subscription Details (times)

Day 1
October 31, 2017
Day 2
November 1, 2017
Day 3
November 2, 2017

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) Size (%)

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)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs 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.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Mahindra Logistics IPO Subscription FAQs

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

Mahindra Logistics IPO Subscription

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

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

The Mahindra Logistics IPO allotment status is expected on or around November 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 OnOctober 31, 2017
IPO Closes OnNovember 2, 2017
Finalisation of Basis of AllotmentNovember 8, 2017
Initiation of RefundsNovember 9, 2017
Credit of Shares to Demat AccountNovember 9, 2017
IPO Listing DateNovember 10, 2017