mahindra logistics ipo grey market premium

Mahindra Logistics IPO Grey Market Premium

Mahindra Logistics IPO is coming on 31 October 2017 and is closing on 2 November 2017. The past three years profit of Mahindra Logistics Limited shows that company is doing good. However the profit margin among the years is not high but for a company that started in 2008 is still satisfactory. The plus points of the company is that it is among one of the conglomerate of Mahindra and Mahindra. However, the company is quite new and still establishing itself in the market. The IPO could be a success or a failure. So we should look at Mahindra Logistics IPO grey market premium. Here you can check Mahindra Logistics IPO gmp daily with Kostak rates.

Mahindra Logistics IPO Grey Market Premium rates

Day by day Mahindra Logistics ipo gmp rates are as follows –

  • Grey market premium as on today at Rs.90-95 with Kostak at Rs.300-350
  • Grey market premium as on 25-10-2017 Rs.110-115 with Kostak at Rs.300-350
  • Grey market premium as on 24-10-2017 Rs.110-115 with Kostak at Rs.300-350
  • Grey market premium as on 23-10-2017 Rs.125-130 with Kostak at Rs.350-400
  • Grey market premium as on 22-10-2017 Rs.125-130 with Kostak at Rs.350-400
  • Grey market premium as on 21-10-2017 Rs.125-130 with Kostak at Rs.350-400
  • Grey market premium as on 20-10-2017 Rs.125-130 with Kostak at Rs.350-400

Mahindra Logistics Limited Issue Details

  • IPO Open Date – 31 Oct 2017 – 2 November 2017
  • 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 share
  • Issue Price – Rs 425-429
  • Lot size – 34 shares
  • Minimum order quantity – 34 shares
  • Listing Stock exchanges – NSE and BSE

Mahindra Logistics IPO Important Dates:

  • IPO Opens on – 31 October 2017
  • IPO Closes on – 2 November 2017
  • Allotment of shares – On or after 8 November 2017
  • Refund process starts on – On or after 9 November 2017
  • Transfer of equity shares to Demat Account – On or after 9 November 2017
  • Listing of Mahindra Logistics IPO shares on exchanges – On or after 10 November 2017
  • Trading of shares starts on – On or after 10 November 2017

Disclaimer

  • Kostak Rate is the premium that one gets by selling IPO application before allotment or listing of the issue.
  • We are not involve in buying and selling of IPO forms in IPO Grey market.
  • Study the fundamentals of the company before applying for the IPO.