Mahindra Logistics IPO Subscription Details

Bookbuilding IPO | ₹829 Cr | Listed at BSE, NSE | Tue, Oct 31, 2017 - Thu, Nov 2, 2017

Basis of Allotment - Mahindra Logistics IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)38,41,46957,62,20396,03,67228,81,10267,22,5721,25,0001,93,32,346
Allotment price (Rs.)429429429429429387429
No.of applications7219915699,42,7584699,43,887
No.of shares applied5,99,22,14657,62,2186,56,84,36453,06,1763,86,54,8041,12,71010,97,58,054
Amount collected (Rs.cr.)2,570.66 247.20 2,817.86 227.63 1,658.29 4.36 4,705.93
No.of times subscribed15.601.006.841.845.750.905.68
No.of shares allotted38,47,61357,62,20396,09,81628,82,94667,26,8741,12,7101,93,32,346
Amount (Rs.cr.)165.06 247.20 412.26 123.68 288.58 4.36 828.88
No.of allottees7219915341,97,8494691,98,943

IPO Shares Offered

Mahindra Logistics IPO is a public issue of 1.93 Cr equity shares. The issue offers 0.67 Cr shares to retail investors, 0.96 Cr shares to qualified institutional buyers, and 0.29 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 96,03,672412.00 49.68%
    Anchor 57,62,203 247.20 29.81%
    QIB (Ex Anchor) 38,41,469 164.80 19.87%
NII 28,81,102123.60 14.90%
Retail67,22,572288.40 34.77%
Employee1,25,0005.36 0.65%
Total1,93,32,346829.36 100%

Mahindra Logistics IPO Anchor Investor Allocation

A total of 57,62,203 shares at a price of Rs 429 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 30, 2017
Anchor investor price₹429.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days28,81,102
No. of shares locked-in for 90 days28,81,102
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FIRST STATE INVESTMENTS ICVC-STEWART INVESTORS GLOBAL EMERGING MARKETS SUSTAINABILTY FUND FIRST STATE 5,36,112 23.00 9.30 2.77
2 GOLDMAN SACHS INDIA LTD. GOLDMAN SACHS 5,36,112 23.00 9.30 2.77
3 HDFC SMALL CAP FUND HDFC MUTUAL FUND 3,03,008 13.00 5.26 1.57
4 HDFC INFRASTRUCTURE FUND HDFC MUTUAL FUND 2,33,104 10.00 4.05 1.21
5 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 5,36,112 23.00 9.30 2.77
6 ADITYA BIRLA SUN LIFE MIDCAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 5,36,112 23.00 9.30 2.77
7 UTI INFRASTRUCTURE FUND UTI MUTUAL FUND 1,74,794 7.50 3.03 0.90
8 UTI TRANSPORTATION & LOGISTICS FUND UTI MUTUAL FUND 1,74,828 7.50 3.03 0.90
9 DSP AGGRESSIVE HYBRID FUND DSP MUTUAL FUND 1,16,552 5.00 2.02 0.60
10 DSP AGGRESSIVE HYBRID FUND DSP MUTUAL FUND 2,33,070 10.00 4.04 1.21
11 SUNDARAM AGGRESSIVE HYBRID FUND SUNDARAM MUTUAL FUND 1,74,794 7.50 3.03 0.90
12 SUNDARAM INFRASTRUCTURE ADVANTAGE FUND SUNDARAM MUTUAL FUND 1,74,828 7.50 3.03 0.90
13 EAST BRIDGE CAPITAL MASTER FUND LTD. EAST BRIDGE 3,49,622 15.00 6.07 1.81
14 AMUNDI FUNDS SBI FM INDIA EQUITY AMUNDI 3,49,622 15.00 6.07 1.81
15 PICTET-INDIAN EQUITIES PICTET 2,33,089 10.00 4.05 1.21
16 PI OPPORTUNITIES FUND I PI OPPORTUNITIES 3,49,622 15.00 6.07 1.81
17 ALBERTA TEACHERS RETIREMENT FUND BOARD ALBERTA 2,33,104 10.00 4.05 1.21
18 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 2,33,104 10.00 4.05 1.21
19 COPTHALL MAURITIUS INVESTMENT LTD. COPTHALL 2,84,614 12.21 4.94 1.47
57,62,203247.2010029.81

IPO Subscription FAQs

The Mahindra Logistics IPO is subscribed 7.9 times by Nov 02, 2017 22:00.

Mahindra Logistics IPO Subscription

Investor Category Subscription (times)
Qualified Institutional15.6
Non Institutional2.07
Retail Individual6.1
Employee Reservations1.94
Total Subscription7.9

Retail category of Mahindra Logistics IPO subscribed 6.1 times as of date Nov 02, 2017 22:00. The public issue closes on Thu, Nov 2, 2017 for bidding.

An investor can apply in Mahindra Logistics IPO online via bank (using ASBA) or the broker (using UPI). The Mahindra Logistics IPO shares are offered online only.

The Mahindra Logistics IPO is subscribed 7.9 times by Nov 02, 2017 22:00.

The Mahindra Logistics IPO allotment status is expected on or around Wednesday, November 8, 2017. Visit Mahindra Logistics IPO allotment status to check.

The Mahindra Logistics IPO listing date is November 10, 2017. The equity share of Mahindra Logistics IPO will list on BSE, NSE.

Visit Mahindra Logistics IPO subscription status page for real-time bidding information about Mahindra Logistics IPO.

Mahindra Logistics IPO Timetable

IPO opens OnTuesday, October 31, 2017
IPO Closes OnThursday, November 2, 2017
Finalisation of Basis of AllotmentWednesday, November 8, 2017
Initiation of RefundsThursday, November 9, 2017
Credit of Shares to Demat AccountThursday, November 9, 2017
IPO Listing DateFriday, November 10, 2017
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