Mahindra Logistics Limited IPO Message Board (Page 28)

Targeting Mkt cap around-- Rs 3180Cr.
Demanding PE of on fy 17 basis-- around 65
Ronw-- wtd avg past 3 years 12.86%
PAT CAGR FY(13-17)--17.15%
Rev. CAGR FY(13-17)--14.90%
Mcap to sales ratio is very very attractive..
Debt Equity 0.10
Price to book 8-9 times

Can anybody justify price set by the company on any of the parameters?

-23 -24 gic
69-70 nippon
112-114 MLL

GMP last heard:

Mahindra Logistics
112 - 114

even mahindra holidays they have set the priced band around the same amount, seems mahindra''s are having luck around 400''s

Mahindra and Mahindra Ltd on Monday said it has set a price band of Rs425-429 per share for the initial public offering (IPO) of its logistic unit Mahindra Logistics Ltd.

The public issue of Mahindra Logistics comprises 19,332,346 equity shares that are up for sale. This includes 9,666,173 shares, amounting to 13.74% stake, by parent firm Mahindra and Mahindra Ltd.

The IPO will run from 31 October to 2 November.

The company in a BSE filing said the minimum bid lot for the offer has been fixed at 34 shares and can be applied in multiples of 34 shares thereafter.

Mahindra Logistics had filed its draft red herring prospectus with Securities and Exchange Board of India (Sebi) on 6 August and obtained “observations” on 6 October, which is important for any company to float a public offer.

GMP last heard:

Mahindra Logistics
120 - 122

Opens:31/10/17
Closes:2/11/17

Price:Rs.425-429

Lot:34SH

Size-829Cr

Retail-35%

~1,97,722 apps req for 1X Appwise.

Mahindra Logistics Limited
Price Band - Rs 425 to Rs 429
Application Amount – Rs 14586
RII Lots – 1,97,722 lots

Final Official Price band
*Mahindra Logistics IPO* – Issue Information

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*
Market Lot: *34 shares*
Listing At: NSE, BSE

PRICE BAND FIXED AT 425 - 429

GMP last heard:

Mahindra Logistics
145 - 150

@ dheeraj
Firat of all grey rates always depend upon assumptions and it dont have definate source but always have reliable source. If you ever done trade in grey you never asked such question

So there is no question arise for being bhakt and source of gmp

@AKH thanks for info

Down Premium nippon MLL
66~68
123~125

*Mahindra Logistics IPO* – Issue Information

Issue Opens on: 31 October 2017
Issue Closes on: 2 November 2017
Issue Size: 1,93,32,346 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.436 – Rs.440
Market Lot: 34 shares

Mahindra logistics 130-135
Reliance Nippon 68-69 & 725/-
GIC-19 -21

Mahindra Logistics IPO Dates & Price Band: (Approx)

IPO Open: 31-October-2017
IPO Close: 02-November-2017
IPO Size: Approx Rs. 701 Crore (Approx)
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 355 to 363 Per Share
Listing on: BSE & NSE
Retail Portion: 35%
Equity: 1,93,32,346 Shares

Mahindra Logistics IPO Market Lot:

Shares: Apply for 41 Shares (Minimum Lot Size)
Amount: Rs. 14,883

Mahindra Logistics IPO Allotment & Listing:

Basis of Allotment: 8-November
Refunds: 9-November
Credit to demat accounts: 9-November
Listing: 10-November

all recent IPO''s are asking P/E equals or above 50 if company is good ! all PSU/Kinda insurance firms asking P/E nears to 30 !!! IMO, This is the height they can go in long run! may be some 100plus or minus .. depends ! so be choosy ! don''t get trapped for promoters luxury ! at least compare less valued peers before entering !

I think - Dilip Davda sahab ki Diwali ki chhutti kuch jyada he lambi ho gayi.
I hope - Kal tak dilip Davda sahab Mahindra Logistics ipo par apna review jarur post kar denge.

Price Band Officially Announce hone ke baad review post hota Hai Dilipji ka

ANIKET BHAI. NIA IPO PAGE IPO LIST ME ABHI BHI KHUL RAHA H

Ab phir khul raha hai

Kuch der pehle choose current ipo mai NEW INDIA ASSURANCE ka page khul raha tha, ab gayab ho gaya. Kahi GOLMAAL AGAIN ka impact to nahi.... ... .. .... (Joking)
GOLMAAL se yaad aaya, kal secondary market mai PVR better pick ho sakta hai. (Serious)