Mahindra Logistics Limited IPO Message Board (Page 25)

what does kostak value like 350 or 400 mean?
does it mean to get 350 or 400 more for 1 share even if not alloted
any one ? kindly explain with e.g

Kostak means the price of selling your entire application. The buyer pays you the Kostak price and if you''re alloted, the profit booked or loss incurred on your application belongs to the buyer of your application.
Selling your application at Kostak guarantees you profit equivalent to your Kostak rate irrespective of allotment to you.
GMP means Grey Market Premium which is paid per share. For eg. if price band is 245-249 and GMP is 54 then you will get (245+54)-(249+54) i.e 299-303 per share.

Promoters want to be free from this havey burden

I think it will be a flop show....So think and apply

How many applications can be submitted on line with different PAN and D mat account in YES bank. Can anyone reply. Thanks.

only one

MLL

*GMP 53-58* Ahmedabad

Still Apply For 8%-12% Profit on your capital as Listing Gain..

Good Night..
Happy Investing ☺️

Why gmp has reduced??????

GMP last heard:

Mahindra Logistics
40 - 42

@MAPatel - one of the possible reasons could be 10% discount to employees.

Down from 100 to 80 to 40 ????

GMP of less than 50/- doesnt look good to me.Also high Valuations are discouraging.. Im not applying. that 10% GMP also may vanish before listing. Below is Equity Master view on this IPO which looks convincing to me. Dont want to take risk in over priced IPOs as such issues may also list in discount if market sentiment is negative at listing time.

The profitability of Mahindra Logistics does not compare favourably with its competitors and is on the lower side.
The trend of fast growth in the company''s SCM business has been prominent. This business has outpaced the PTS business which has been growing moderately and has remained resilient.
Non-M&M business clients of the company have contributed immensely to the growth. Average growth rate in SCM business outside the M&M group has been 65% in the last four years.

Apart from low costs, the asset-light business model of the company helps operations by bringing in high scalability.
While the company''s profits have grown over the years, but not on a consistent basis. As far as net profit margins are concerned, they have remained in the range of 1.6% to 2.1% during the last five years. In terms of valuations, at the upper price band of Rs 429, the company''s P/E ratio works out to 64.8 times. This seems to be very high in our view.

Further, the company''s RoE (Return on Equity) has decreased from 14.4% in FY15 to 13.1% in FY17.
Although the prospects for third-party logistics look bright with the advent of GST, the company''s growth lacks stability with wafer-thin margins further constricting its cash flows. It has also not been paying dividend because of the low profitability.

Also, capital infusion in operations would have helped the company''s negative cash flows, however, as the entire issue comprises of offer for sale, the company won''t be receiving any proceeds and therefore would not be able to strengthen its operations.

Given the above reasons, we believe the issue is aggressively priced. Hence, we recommend subscribers to consider avoiding this issue.
Before considering acting on any recommendation, we suggest that you consult with your investment advisor with regard to your individual situation.

Any reserve allocation for mahindra & mahindra share holder for mahindra logistic ipo

I will apply Mahindra logistics in first second and I will continue to setting world record once again

@ All respected experts like gamble sir ,uchit sir,arjun sir, Eagleye ji ,chem cho

and other experts please give comment on MAHINDRA LOG. IPO.

MLL
*GMP 55-60*
*Kostak-350* less trade "Ahmedabad"
Apply For 10-12% Profit on your capital..
Not bad and even not so much good..
But definitely better than NIA
Happy Investing ☺️

Hi
Gambleji any view on mahindra logistics should ve apply or not

FINAL

Mahindra Logistics IPO – Schedule (Pg #316 of RHP)
24th Oct – Price Band to be Announced
30th Oct – Anchor List
31st Oct – Offer Opens
02nd Nov – Offer Closes
08th Nov – Finalisation of Basis of Allotment
09th Nov – Unblocking of ASBA
09th Nov – Credit to Demat Accounts
10th Nov – Listing on NSE & BSE


Mahindra Logistics IPO – Issue Information *(Final)*

Issue Opens on: 31 October 2017
Issue Closes on: 02 November 2017
Issue Type: Book Built Issue IPO
Issue Size: 1,93,32,346 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.425 – Rs.429 per Equity Share *(employees discount 42/-)*
Market Lot: 34 shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 7,11,41,924 Equity Shares
Offer for Sale of 1,93,32,346 Equity Shares @upper price band = Rs.828.83 Crores
Equity Shares outstanding after the Issue = 7,11,41,924 Equity Shares

Category-wise Break up:.
Anchor – 57,62,203 Shares = 247.20Crs
QIB – 38,41,469 Shares = 164.80Crs
NII – 28,81,102 Shares = 123.60Crs
RII – 67,22,572 Shares = 288.40Crs (Lot size: 34 = 1,97,723 Forms)
Empl. – 1,25,000 Shares = 4.84Crs

Total Issue – 1,93,32,346 Equity Shares = 828.83Crs.

Subscription required for 1X
RII = 1,97,6723 Forms
NII = 123.60 Crs

Interest cost @5%p.a. for 7days = 41.137paise for 1X


Mahindra Logistics IPO – Financial Information (Basis of Valuation)

EPS for FY14-15 >>> Rs.6.58 (Page #118 of RHP)
EPS for FY15-16 >>> Rs.5.32 (Page #118 of RHP)
EPS for FY16-17 >>> Rs.6.62 (Page #118 of RHP)
EPS for Q117-18 >>> Rs.2.14 (Page #118 of RHP)

RoNW for FY14-15 >>> 14.84% (Page #118 of RHP)
RoNW for FY15-16 >>> 12.11% (Page #118 of RHP)
RoNW for FY16-17 >>> 13.11% (Page #118 of RHP)
RoNW for Q117-18 >>> 04.08% (Page #118 of RHP)

NAV as on June 30, 2017 was Rs.53.35 (Page #119 of RHP)

Peer Group (Page #119 of RHP): NONE

 
Mahindra Logistics IPO
Market Estimates of oversubscription:

Category-wise:

1X QIB = 164.80Crs – assuming applications of 7KCrs. = 42.50X oversubscription

1X NII = 123.60Crs – assuming applications of 40KCrs. = 325X oversubscription

1X RII = 1,97,723 Forms – assuming 16L forms. = 8.09X oversubscription (applic-wise)
i.e. average 4.20 shares per form


Mahindra Logistics IPO

Grey bhav should open as:
GMP 125
Kostak 525

Can Employees of Tech Mahindra apply in it, under Employee Category?

No.

Mahindra Logistics IPO Review: Emerging Third Party Logistics Player http://wp.me/p7zwuc-Rf

Grey Bhav ketlo chhe ?

REGISTER TO ISSUE IS LINK TIME ,
Some think is kept on the table, apply you will get more value than the premium of rs 110
Its an Mahindra company

Chemo ko,
Unfortunately last time I got 0/7 in Mas fina.
Hoping this time doesn''t repeat stat.

Ok @ Apur Jasmeet

what does kostak value like 350 or 400 mean?
does it mean to get 350 or 400 more for 1 share even if not alloted
any one ? kindly explain with e.g

GMP INR 45-48 ,Kostak 350

As per Chanakya

Respect seniors like Gamble ji, eagleye ji, chem cho Sir...please ap itne sare IPO me se konsa apply krna shai rhega btao na...coz m sirf 1 lot dalta hu or usme b Loss wala aa jata h....ab dar lgta h itne Ipo dekh kr ki konsa apply kru

@err:
always wait till last day of ipo if you are not sure....its very simple formula for listing gain...
then check the subscription status of ipo before 2pm for QIB and NII quota....if both these are more than 10X times oversubscribed then apply without any other thinking for definite listing gain....else dont apply.....
if you follow this then you can earn even in prataap snacks kind of company, even in high price dixon company and can save yourself from IEX kind of good company which negative gains......

Now it showing Oct 26, 2017 7:22:16 AM IST at original post. I think, there is some problem in time stamping at chittorgarh side.

a little dicey for this one lets wait up for updates