Mahindra Logistics to debut on bourses

Mahindra Logistics to debut on bourses

Mahindra Logistics, which saw good response to its initial public offer last week, will make its stock market debut today.

The Rs 829-crore IPO was subscribed 7.90 times during October 31-November 2, according to data available with the NSE.

The portion meant for qualified institutional buyers (QIBs) was oversubscribed 15.60 times, non institutional investors 2.07 times and retail investors 6.10 times.

Kotak Mahindra Capital Company and Axis Capital managed the company's IPO.  

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry