Mahindra Logistics Limited

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

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Happy Investing

Mahindra Logistics Limited IPO | Investallign