Mahindra Logistics IPO Details

Mahindra Logistics IPO Details

Mahindra Logistics IPO Details

Mahindra Logistics is one of India’s largest 3PL (third-party logistics) solutions providers in the Indian logistics industry which was estimated at INR6.40 trillion in Fiscal 2017, according to the CRISIL Report. The company follows “asset-light” business model which assets necessary for its operations such as vehicles and warehouses are owned or provided by a large network of business partners. The technology enabled asset-light business model allows for scalability of services as well as the flexibility to develop and offer customized logistics solutions across a diverse set of industries.

Promoters of Mahindra Logistics – Mahindra & Mahindra Limited

Mahindra Logistics IPO Details

  • Subscription Dates : 31 Oct  – 02 Nov 2017
  • Price Band : to be updated
  • Fresh issue : Nil
  • Offer For Sale : 19,332,346 shares
  • Total IPO size : 19,332,346 shares
  • Face Value  : INR10 per share
  • Minimum bid (lot size) : To be updated
  • Retail Allocation : 35%
  • Listing On : NSE & BSE

Mahindra Logistics IPO Financials (in cr)

Financial Year Total revenue Total expenses Profit after tax
FY2013 1,535.5 1,499.4 24.4
FY2014 1,757.0 1,702.7 36.6
FY2015 1,939.6 1,880.3 38.5
FY2016 2,077.1 2,021.2 36.0
FY2017 2,676.3 2,608.4 46.1

Registrar of Mahindra Logistics IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: mahindralogistics.ipo@linkintime.co.in
Websitehttp://www.linkintime.co.in

Mahindra Logistics IPO Listing Date

  • IPO Opening Date: 31 October 2017
  • IPO Closing Date: 02 November 2017
  • Finalisation of Basis of Allotment: To be updated
  • Initiation of refunds: To be updated
  • Transfer of shares to demat accounts: To be updated
  • Listing Date: To be updated

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