Mahindra Logistics Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 9,603,672 (50%) | — | ₹41,200 Cr |
| NII (HNI) | — | 2,881,102 (15%) | — | ₹12,360 Cr |
| Retail | — | 6,722,572 (35%) | — | ₹28,840 Cr |
| Employee | — | 125,000 (1%) | — | ₹54 Cr |
| Σ Total | — | 19,332,346 (100%) | — | ₹829,358 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,586 |
| Retail (Max) | 13 | 442 | ₹189,618 |
| S-HNI (Min) | 14 | 476 | ₹204,204 |
| B-HNI (Min) | 67 | 2,278 | ₹977,262 |
Financial Statements Amount in Crore
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 2,676 | 2,077 | 1,940 |
| Profit After Tax | 46 | 36 | 39 |
| Total Assets | 817 | 591 | 519 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale –
Company Overview
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