Incorporated in 2008, Mahindra Logistics Limited is end-to-end logistics solution and service provider. Mahindra Logistics is part of Mahindra Group (M&M), one of India’s leading corporate groups with operations across several industries and countries. Before 2008 the logistics business of M&M was operated as a division of M&M serving the transportation and distribution, warehousing and in-factory logistics requirements of M&M.
The logistics solution of the company includes transportation and distribution, warehousing, in-factory logistics and value added services to its clients.
Company also provide people transportation solutions and services across India to over 100 domestic and multinational companies operating in the IT, ITeS, business process outsourcing, financial services, consulting and manufacturing industries in 12 cities and over 120 clients.
Company’s 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.
Company’s other subsidiary, Lords, provides international freight forwarding services for exports and imports, customs brokerage operations, project cargo services and charters
Mahindra Logistics IPO Details
| Issue Type | Issue Type |
| Face Value | ₹10 per equity share |
| IPO Price | ₹425 to ₹429 per equity share |
| Market Lot | 34 Shares |
| Min Order Quantity | 34 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 540768 |
| NSE Symbol | MAHLOG |
| ISIN | INE766P01016 |
| Issue Size | Aggregating up to ₹829.36 Cr |
| Offer for Sale | Aggregating up to ₹[.] Cr |
Mahindra Logistics IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 31-Oct-17 |
| IPO Close Date | 2-Nov-17 |
| Basis of Allotment Date | 8-Nov-17 |
| IPO Listing Date | 10-Nov-17 |
Mahindra Logistics IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 34 | ₹14,586 |
| Maximum | 13 | 442 | ₹189,618 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For Mahindra Logistics Limited
Company Promoters:
The Promoter of the Company is Mahindra & Mahindra Limited.
Company Financials:
| PARTICULAR | 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 |
Objects of the Issue:
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.
Company will not receive any proceeds from the Offer as all the proceeds will be received by the Selling Shareholders.
Registrar & Company Details
| Company Contact Information | Mahindra Logistics IPO Registrar |
| Mahindra Logistics Limited Mahindra Towers, P. K. Kurne Chowk, Worli, Mumbai – 400018 Phone: +91 22 2490 1441 Email: cfo.mll@mahindra.com Website: http://www.mahindralogistics.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: mahindralogistics.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
