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Mahindra Logistics IPO Prospectus
What Are Analysts Saying?
Subscribe to Mahindra Logistics IPO
Hem Securities, 31 Oct 2017
Co is bringing the issue at price band of Rs 425-429/share on post issue annualized Q1FY18 eps at p/e multiple of 50.Co being the Mahindra brand, operates an “asset-light” business model has presence across diverse industry verticals with long-standing client relationships.
Mahindra Logistics : Non Mahindra clients growing higher than Mahindra; Subscribe
Nirmal Bang, 31 Oct 2017
Over, FY15- FY17 the company sales has grown at a CAGR of 17.5% wheras the Non Mahindra revenue has grown at a CAGR of 45.9% during the same period and form 44.5% of revenue in FY17. We recommend subscribing to the issue.
Mahindra Logistics IPO: Investors with long term investment horizon may opt the issue
SMC, 31 Oct 2017
Considering at an upper price band of Rs.429 , the stock is trading at P/E of 66.25 multiple on EPS of Rs. 6.48 and at a lower price band of Rs. 425 P/E multiple is 65.63.
Mahindra Logistics IPO: Subscribe for medium to long term perspective
AUM CAPITAL, 27 Oct 2017
The Indian logistics industry is expected to grow and Mahindra Logistics Ltd, an arm of automobile giant Mahindra and Mahindra Ltd will be benefited from these rising opportunities.
Issue Details
Open Date: 31 Oct 17
Close Date: 02 Nov 17
Offer Price: Rs. 425
Issue Size: Rs. 829.36 Cr
Min Application Amount:
Rs. 14450
Min bid (No. of shares): 34
Listing Exchanges: BSE, NSE
About the Company
"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."
Objective of the Issue
"Objects of the Issue:

The objects of the Offer are:
1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and
2. 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."
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -