Mahindra Logistics IPO – Issue Information *(Estimated)*
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.355 – Rs.363 per Equity Share *(ASSUMED)*
Market Lot: 41 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.701.76 Crores
Equity Shares outstanding after the Issue = 7,11,41,924 Equity Shares
Category-wise Break up:.
Anchor – 1,83,60,000 Shares = 209.17Crs
QIB – 1,22,40,000 Shares = 139.45Crs
NII – 91,80,000 Shares = 104.58Crs
RII – 2,14,20,000 Shares = 244.03Crs (Lot size: 41 = 1,63,965 Forms)
Total Issue – 1,93,32,346 Equity Shares = 701.76Crs.
Subscription required for 1X
RII = 1,63,965 Forms
NII = 104.58 Crs
Interest cost @5%p.a. for 7days = 34.808paise for 1X