Mahindra Logistics Limited
31 Oct 2017 – 02 Nov 2017
LISTED
Offer Price
₹425–429
Bid lot
34
Min Application
₹14,586
Issue Size
₹829 Cr
Key dates
Open date
31 Oct 2017
Done
Close date
02 Nov 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
10 Nov 2017
Today
Issue reservation
₹829 CrQIB 50%Retail 35%5%
QIB
96.6 L sh · ₹414.50 Cr
Retail
67.6 L sh · ₹290.15 Cr
Employee
9.7 L sh · ₹41.45 Cr
BRLM: Kotak Mahindra Capital Company Limited · Axis Capital Limited
Lot ladder — how much to bid
1 lot = 34 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
34 sh · ₹14,586
Max · 13 lots
442 sh · ₹1,89,618
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
476 sh · ₹2,04,204
Max · 68 lots
2,312 sh · ₹9,91,848
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
2,346 sh · ₹10,06,434
Entry point
₹10,06,434 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Axis Capital Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
11.15×
0×1×2×3×+
Oversubscribed
Book₹746.10 Cr
Subscribed₹8,317 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 96,62,005₹414.50 Cr | 15,07,27,270₹6,466 Cr | 15.60× |
| HNI | 28,98,601₹124.35 Cr | 60,00,105₹257.40 Cr | 2.07× |
| Retail | 67,63,403₹290.15 Cr | 4,12,56,759₹1,770 Cr | 6.10× |
| Employee | 9,66,200₹41.45 Cr | 18,74,429₹80.41 Cr | 1.94× |
| Total | 1,73,91,608₹746.10 Cr | 19,38,58,458₹8,317 Cr | 11.15× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 6,466.20 |
| HNI | 257.40 |
| Retail | 1,769.91 |
| Employee | 80.41 |
| Total | 8,316.53 |
Amounts at the upper band (₹429). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Mahindra Logistics Limited IPO?
One lot of 34 shares — ₹14,586 at the upper price band of ₹429.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2017-11-10 on NSE.