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Issue Open Date
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31-Oct-17
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Issue Closing Date
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02-Nov-17
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Application Money
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100
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Allotment Money
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Price Band
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425
-
429
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Minimium Application No.
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34
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Issue Size (Shares)
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19332346
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Market Lot
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1
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Objective
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The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer for Sale. Further, our Company expects that listing of the Equity Shares will enhance our visibility and brand image and provide liquidity to our Shareholders. The listing will also provide a public market for the Equity Shares in India. Our Company will not receive any proceeds from the Offer and all the proceeds will be received by the Selling Shareholders, in proportion to the Equity Shares offered by the respective Selling Shareholders as part of the Offer. For
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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2881102
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5966592
|
2.07094091080427
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Qualified Institutional Buyers
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3841469
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59941082
|
15.6036875476543
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Retail Individual Investors
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6722572
|
41022360
|
6.10218231950509
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Business Description
We are one of India’s largest 3PL solutions providers in the Indian logistics industry which was estimated at?6.40 trillion in Fiscal 2017, according to the CRISIL Report. We believe that our competitive advantage is our“asset-light” business model pursuant to which assets necessary for our operations such as vehicles andwarehouses are owned or provided by a large network of business partners. Our technology enabled, “asset-light”business model allows for scalability of services as well as the flexibility to develop and offer customized logisticssolutions across a diverse set of industries. We operate in two distinct business segments, SCM and PTS.
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Promoter's Holding
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Total Share Capital
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53100477
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Offered to Public
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19332346
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Promoter's Holding (Pre-Issue)
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74.64
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Promoter's Holding (Post-Issue)
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61.05
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Address |
Mahindra Towers
P. K. Kurne Chowk
Worli
Mumbai,
Maharashtra,
400018
Phone : 022-24901441
Email : cs.mll@mahindra.com
Website : www.mahindralogistics.com
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
Kotak Mahindra Capital Co Ltd
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Promoters |
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Mahindra & Mahindra Ltd.
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