Mahindra Logistics Limited IPO

Apply 0
Avoid 0

Mahindra Logistics Limited(Incorporated in 2008 ) is end-to-end logistics solution and service provider. Mahindra Logistics is part of Mahindra Group (M&M), one of India’s leading groups with business spanning across several industries and countries. Prior to 2008, the logistics activities of M&M was operated as a division of M&M
The logistics business of the company includes transportation and distribution, warehousing, in-factory logistics and value added services to M&M and other more than 120 clients which includes domestic and multinational companies operating in the IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries in 12 cities
Its 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.Other subsidiary, Lords, provides international freight forwarding services for exports and imports, customs brokerage operations

Mahindra Logistics Limited IPO Stock Quote & Charts

389.10

+0.93%

  • Open: 384.00
  • High - Low: 395.95 - 383.00
  • Previous Close: 385.50
  • Total Traded Volume: 8100
  • Updated On: 24-Dec-2019

Objects of the Mahindra Logistics Limited IPO:

The objects of the Offer are: 1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges 2. For the Offer for Sale.

Mahindra Logistics Limited IPO Details:

Open Date: Oct 31 2017
Close Date: Nov 02 2017
Total Shares: 19,332,346
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Built Issue
Issue Size: 829.36 Cr.
Lot Size: 34 Shares
Issue Price: ₹ 425 - 429 Per Equity Share
Listing At: NSE,BSE
Listing Date: Nov 10 2017

Promoters And Management:

Mahindra & Mahindra Limited

Financials of Mahindra Logistics Limited IPO:

31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 8,167.17 5,914.67 5,188.47
Total Revenue 26,762.52 20,771.25 19,395.55
Profit After Tax 460.69 359.68 385.24

Lead Manager of Mahindra Logistics Limited IPO:

  1. Axis Capital Limited
  2. Kotak Mahindra Capital Company Limited

Registrar of Mahindra Logistics Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Mahindra Towers, P. K. Kurne Chowk, Worli, Mumbai - 400018 Phone: +91 22 2490 1441 Fax: +91 22 2490 0833 Email: cfo.mll@mahindra.com Website: www.mahindralogistics.com

Discussion on Mahindra Logistics Limited IPO:

Leave a Reply