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October 31, 2017 - November 2, 2017

Mahindra Logistics IPO FAQ

Mahindra Logistics IPO Date & Price

The Mahindra Logistics IPO opens on October 31, 2017 and closes on November 2, 2017.

Mahindra Logistics IPO timetable / schedule is as below:
  • Bid/Offer Opens On: October 31, 2017
  • Bid/Offer Closes On: November 2, 2017
  • Finalization of Basis of Allotment: November 8, 2017
  • Initiation of refunds: November 9, 2017
  • Credit of Equity Shares: November 9, 2017
  • Listing Date: November 10, 2017

Mahindra Logistics IPO price is set at ₹429 per equity share.

Mahindra Logistics IPO will close for subscription at 5 PM on November 2, 2017. But most brokers stop accepting application between 1 PM to 3 PM.

The Mahindra Logistics IPO starts on October 31, 2017. The issue ends on November 2, 2017.

Mahindra Logistics IPO Issue Size and Subscription Status

The Mahindra Logistics IPO size is 19332346 Equity Shares of ₹10 aggregating up to ₹829.36 Cr.

Mahindra Logistics Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Mahindra Logistics IPO shares through the banks (using ASBA) or through the broker (using UPI).

Mahindra Logistics IPO Offer Size

Qualified Institutional Buyers (QIB)3,841,469 Shares
Non-Institutional Investors (NII)2,881,102 Shares
Retail Individual Investor (RII)6,722,572 Shares
Employee Reservations125,000 Shares
Other Reservations0 Shares
Total Issue Size13,570,143 Shares

Mahindra Logistics IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)15.60 times times
Non-Institutional Investors (NII)2.07 times times
Retail Individual Investor (RII)6.10 times times
Employee Reservations1.94 times times
Other Reservations times
Total Issue Size7.90 times times

Click here to check the Mahindra Logistics IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Mahindra Logistics IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Mahindra Logistics IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Mahindra Logistics IPO Allotment and Listing

The Mahindra Logistics IPO allot status will be available online on November 8, 2017. Check the Mahindra Logistics IPO Allotment Status here.

Click here to check Mahindra Logistics IPO Allotment Status.

Mahindra Logistics IPO listing Date is November 10, 2017. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Mahindra Logistics IPO listing date and time is published by the exchange in a circular.

Click here to view the Mahindra Logistics IPO Basis of Allotment.

It is hard to say at what price Mahindra Logistics IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Mahindra Logistics IPO shares will list on November 10, 2017 at BSE, NSE.

Mahindra Logistics IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Mahindra Logistics IPO which could help you with questions like Mahindra Logistics IPO buy or not? You should also read Mahindra Logistics IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Mahindra Logistics IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Mahindra Logistics IPO performance. The performance reports are available 1 day after listing.