Mahindra Logistics Limited Rs 829 cr IPO open On 31St Oct and closed 2nd Nov 2017
- Moderate Return
- Valuation Risk
- Good Long term play
- Considering upper price band Rs 429 market cap close to 3000 Cr which is 8 tines of book value
- More room for growth
- Offloading of 99,66,173 Share -13.74% stake by M&M ( Parent company )
Anchor Book *(₹247 cr)* for the
*IPO of Mahindra Logistics Limited* had participation from all from Marquee Foreign and Domestic Institutional Investors.
Anchor allocations are as below:
*₹23 cr* each to : Stewart Investors, HDFC MF, Goldman Sachs, Reliance MF and Birla MF
*₹15 cr* each to : Amundi, Eastbridge, DSP Blackrock MF, Sundaram MF, UTI MF and Premji
*₹10 cr* each to : Pictet, Alberta (Wellington) and Birla Life Insurance
*₹12 cr* : Copthall Mauritius
Also View IPO Calendar
Happy Investing
Mahindra Logistics Limited IPO | Investallign