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Open
31 Oct to 2 Nov, 2017
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Close
31 Oct to 2 Nov, 2017
3
Allotment
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Listing
Fri, Nov 10, 2017
Price Band
₹425 to ₹429
Issue Size
1,93,32,346 shares (agg. up to ₹829 Cr)
Lot Size
34 Shares
Listing Date
Fri, Nov 10, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.68x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 833.37 | 768.99 | 553.32 | 502.45 |
| Total Income | 812.63 | 2,597.65 | 2,007.81 | 1,891.17 |
| Profit After Tax | 14.39 | 44.78 | 37.40 | 40.38 |
| NET Worth | 363.46 | 348.79 | 303.77 | 265.76 |
| Reserves and Surplus | 295.46 | 280.79 | 243.95 | 205.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shreeji Translogistics Ltd. | SME | ₹12.40 Cr | ₹130 | null | ₹132.00 | +1.54% | ₹8.28 (-0.96%) |
| Total Transport Systems Ltd. | SME | ₹17.01 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹53.42 (-2.21%) |
| Jalan Transolutions (India) Ltd. | SME | ₹17.71 Cr | ₹46 | null | ₹41.95 | -8.80% | ₹1.75 (-2.78%) |
| Jet Freight Logistics Ltd. | SME | ₹4.07 Cr | ₹28 | null | ₹33.60 | +20.00% | ₹23.68 (-3.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale |
About Mahindra Logistics IPO
Incorporated in 2008, Mahindra Logistics Limited is end-to-end logistics solution and service provider. Mahindra Logistics is part of Mahindra Group (M&M), one of India's leading corporate groups with operations across several industries and countries. Before 2008 the logistics business of M&M was operated as a division of M&M serving the transportation and distribution, warehousing and in-factory logistics requirements of M&M.The logistics solution of the company includes transportation and distribution, warehousing, in-factory logistics and value added services to its clients.Company also provide people transportation solutions and services across India to over 100 domestic and multinational companies operating in the IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries in 12 cities and over 120 clients.Company's subsidiary, 2X2 Logistics, provides logistics and transportation services to OEMs to carry finished automobiles from the manufacturing locations to stockyards or directly to the distributors through specially designed vehicles. Company's other subsidiary, Lords, provides international freight forwarding services for exports
Contact Details
Mahindra Logistics Ltd. AddressMahindra Towers, P.K.Kurne ChowkWorliMumbai, Maharashtra+91 22 2490 1441cfo.mll@mahindra.comVisit Website