Mahindra Logistics Limited is end-to-end logistics solution and service provider, Incorporated in 2008. It is the subsidiary of Mahindra and Mahindra company. It belongs to Indian logistics industry offering 3PL solutions. The Mahindra Group is strong enough in the field of utility vehicles, farm equipment, information technology, financial services, aerospace, real estate, hospitality, and logistics sectors. Mahindra logistics operate in two distinct business segments like SCM and Corporate PTS.
Mahindra Logistics is one of India`s largest 3PL solutions providers in the Indian logistics industry. Mahindra Logistics – undertook the business of providing logistics solutions, freight forwarding, warehousing and supply chain services through its logistics division. The Company`s technology enabled, “asset-light” business model allows for scalability of services as well as the flexibility to develop and offer customized logistics solutions across a diverse set of industries. The Company operates in two distinct business segments, SCM and PTS.
SCM business offers customized and end-to-end logistics solutions and services including transportation and distribution, warehousing, in-factory logistics and value-added services to their clients. PTS business provides technology-enabled people transportation solutions and services across India. It operates over 100 domestic and worldwide companies working in the IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries.
Key Strengths:
- Adopted “asset-light” business model which allows flexibility and scalability in operations and high capital efficiency.
- Strong support by well-known brand ‘Mahindra group’.
- Qualified and experienced Management Team.
Company Promoters:
The Promoter of the Company is Mahindra & Mahindra Limited.
Mahindra Logistics Limited IPO details
Issue Detail:
»» Issue Open: Oct 31, 2017 – Nov 2, 2017
»» Issue Type: Book Built Issue IPO
»» Issue Size: 19,332,346 Equity Shares of Rs 10 aggregating up to Rs 829.36 Cr
› Offer for Sale of 19,332,346 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 425 – Rs 429 Per Equity Share
»» Market Lot: 34 Shares
»» Minimum Order Quantity: 34 Shares
»» Listing At: BSE, NSE
Company Financials:
| Particulars | For the year/period ended (in Rs. million) | |||||
| 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 | |||
Mahindra Logistics Limited IPO Subscription Details
| Number of Times Subscribed (BSE + NSE) | |||||
| As on Date & Time | QIB | NII | RII | Employee | Total |
| Shares Offered / Reserved | 3,841,469 | 2,881,102 | 6,722,572 | 125,000 | 13,570,143 |
| Day 1 – Oct 31, 2017 17:00 IST | 0.3500 | 0.0300 | 0.7600 | 0.2900 | 0.4800 |
| Day 2 – Nov 1, 2017 17:00 IST | 0.7600 | 0.1000 | 2.1700 | 0.9200 | 1.3200 |
| Day 3 – Nov 2, 2017 22:00 IST | 15.6000 | 2.0700 | 6.1000 | 1.9400 | 7.9000 |
Mahindra Logistics Limited Allotment Status:
Mahindra Logistics Limited IPO Allotment Date: 8 November 2017
Mahindra Logistics Limited IPO Listing Date: 10 November 2017
You can check your allotment status using your PAN number.
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