IPO Price History
Closed
Mahindra Logistics Limited logo

Mahindra Logistics Limited IPO

Mainboard IPOListedMAHLOGNSE
Current Market Price (CMP)
₹370.25(-13.69%)
Current Price (CMP)
₹370.25(-13.69%)

Live Market Quote

Listing Price & Gain
₹429(0.00%)

Day 1 Exchange Open

IPO Issue Price
₹429

Band: ₹425 - ₹429

Total Subscription
7.9x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
31 Oct 2017
IPO Bidding Closes
02 Nov 2017
Allotment & Refunds
Completed
Exchange Listing Day
10 Nov 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 7.9x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)15.6x
Non-Institutional Investors (NII / HNI)2.07x
Retail Individual Investors (RII)6.1x
Employees Reservation1.94x
Total Subscription7.9x
Updated as on 02 Nov 2017 at 2200 hrs

Listing Day & Return Performance

Listing Day Gain0.00%
₹429 (Issue) → ₹429 (List)
Per share profit: +₹0.00
Holding Return (Till Date)-13.69%
₹429 (Issue) → ₹370.25 (CMP)
Net gain per share: ₹-58.75
Post-Listing Performance (Listing Day → Today):-13.69%

About Mahindra Logistics Limited IPO

Mahindra Logistics Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 31 Oct 2017 and concluded on 02 Nov 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹425 - ₹429.

During the bidding window, Mahindra Logistics Limited recorded an overall subscription of 7.9 times. Institutional investors (QIB) subscribed 15.6x, non-institutional high-net-worth investors (NII) subscribed 2.07x, and retail individual investors (RII) bid 6.1x their reserved quota, alongside employee participation of 1.94x.

The equity shares of Mahindra Logistics Limited officially debuted on the stock exchanges on 10 Nov 2017 at an opening listing price of ₹429, delivering a listing day return of 0.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹370.25, representing an overall decline of -13.69% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Mahindra Logistics Limited IPO?
The issue price of Mahindra Logistics Limited IPO was fixed at ₹429 per equity share. The indicative bidding price band was ₹425 - ₹429.
What were the open, close, and listing dates for Mahindra Logistics Limited IPO?
Mahindra Logistics Limited IPO opened on 31 Oct 2017, closed on 02 Nov 2017, listed on 10 Nov 2017.
How much was Mahindra Logistics Limited IPO subscribed?
The IPO received an overall subscription of 7.9 times. Category-wise, QIBs subscribed 15.6x, NIIs subscribed 2.07x, and Retail investors subscribed 6.1x.
What was the listing price and listing gain of Mahindra Logistics Limited IPO?
Mahindra Logistics Limited IPO listed on the stock exchange at ₹429, delivering a listing gain of 0.00% compared to the IPO issue price of ₹429.
Is Mahindra Logistics Limited IPO a Mainboard or SME IPO?
Mahindra Logistics Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Mahindra Logistics Limited IPO since its IPO?
At the latest market quote of ₹370.25, Mahindra Logistics Limited IPO has generated an all-time return of -13.69% since its initial public offering.

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