Mahindra Logistics – the logistics arm of the Mahindra Group is going to come out with its initial public offering (IPO) in the month of October and soon more details about this IPO will be out.
I am sure in the current BULL RUN, small and medium investors are running after all public issues without even looking into details and fundamentals of the company in hope of getting good listing gains !!!
After good response to recent issues like D-Mart, HUDCO, CDSL, AU Small Finance Bank, Salasar Techno Engineering, Cochin Shipyard Limited, Dixon Technologies, etc, investors would be eagerly waiting for Mahindra Logistics IPO….
I am sure you might be searching for all details about Mahindra Logistics IPO.
Mahindra Logistics Company Profile :
Mahindra Logistics is a unit of automobile major Mahindra and Mahindra (M&M).
Mahindra Logistics provides logistics solutions, warehousing facilities, freight forwarding and supply chain management services.
Mahindra Logistics is a third-party logistics (3PL) service provider. It takes care of M&M’s supply chain needs, including inbound and outbound logistics, inter-plant movement, warehousing, line-feed and value-added services.
The company counts Volkswagen India, Vodafone India, Thermax Ltd, JSW Steel Ltd, Ashok Leyland Ltd, Siemens Ltd, Bosch Ltd, BMW India, 3M India Ltd and Mercedes-Benz India as key clients in its supply chain management business.
The proceeds will go the selling shareholders. The company is not raising any funds through the IPO.
Soon we will have more details about the company. Visit again.
Mahindra Logistics Promoters:
- Mahindra & Mahindra Ltd
- Kedaara Capital
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Mahindra Logistics IPO Detail :
Issue Open: Mid October
Issue Type: Book Built Issue IPO
Issue Size: Details Yet to be Declared
Face Value: Details Yet to be Declared
Issue Price: Details Yet to be Declared
Market Lot: Details Yet to be Declared
Minimum Order Quantity: Details Yet to be Declared
Listing At: BSE, NSE
Important Dates of Mahindra Logistics IPO :
Bid/Offer Opens On: Details Yet to be Declared
Bid/Offer Closes On: Details Yet to be Declared
Finalisation of Basis of Allotment: Details Yet to be Declared
Initiation of refunds: Details Yet to be Declared
Credit of Equity Shares to demat accounts: Details Yet to be Declared
Commencement of trading of the Equity Shares on the Stock Exchanges: Details Yet to be Declared
IPO Issue Allocation :
- Qualified institutional buyers (QIBs) – 50% of the offer.
- Non-institutional bidders – 15% of the offer.
- Retail individual bidders – 35% of the offer.
Download Red Herring Prospectus of Mahindra Logistics IPO :
To Download Red Herring Prospectus of Mahindra Logistics IPO Click Here
Grey Market Premium (GMP) of Mahindra Logistics :
As of now the price band of Mahindra Logistics has not been announced so the grey market activity for this IPO has not yet started. Will soon update you regarding Grey Market Premium of Mahindra Logistics.
Company Contact Information :
1A & 1B, 4th Floor,
Techniplex 1, Techniplex Complex,
Veer Savarkar Flyover, Goregaon West,
Mumbai, Maharashtra 400062
Mahindra Logistics IPO Registrar :
Link Intime India Private Ltd
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078
Mahindra Logistics IPO Lead Manager(s) :
- Kotak Mahindra Capital Co. Ltd,
- Axis Capital Ltd
Mahindra Logistics IPO Allotment Status :
You would be able to check the allotment status i.e., whether you have got the shares of Mahindra Logistics or not by vising the website of Registrar of the Issue which in this case is LinkIntime.
Check Mahindra Logistics IPO Allotment Status @ Check Mahindra Logistics IPO Allotment Online