Mahindra Logistics IPO GMP History
Mahindra Logistics IPO has been listed on November 10, 2017 at a listing price of ₹429, against the issue price of ₹429 — a gain of ₹0 (+0%). The GMP peaked at ₹127.5 on 23 October 2017 and reached a low of ₹32.5 on 8 November 2017. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Mahindra Logistics IPO raised ₹828.88 Cr. through its IPO at a price band of ₹425 to ₹429 per share, with a lot size of 34 shares. The IPO was open for subscription from 31 Oct 2017 to 02 Nov 2017.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 08 Nov 2017 | ₹ 32.5 | — | 8% | — | — |
| 07 Nov 2017 | ₹ 32.5 | — | 8% | — | — |
| 06 Nov 2017 | ₹ 32.5 | — | 8% | — | — |
| 04 Nov 2017 | ₹ 32.5 | ▼ | 8% | — | — |
| 03 Nov 2017 | ₹ 42.5 | ▼ | 10% | — | — |
| 02 Nov 2017 | ₹ 52.5 | — | 12% | — | — |
| 01 Nov 2017 | ₹ 52.5 | — | 12% | — | — |
| 31 Oct 2017 | ₹ 52.5 | ▼ | 12% | — | — |
| 30 Oct 2017 | ₹ 62.5 | ▼ | 15% | — | — |
| 29 Oct 2017 | ₹ 92.5 | — | 22% | — | — |
| 28 Oct 2017 | ₹ 92.5 | — | 22% | — | — |
| 27 Oct 2017 | ₹ 92.5 | — | 22% | — | — |
| 26 Oct 2017 | ₹ 92.5 | ▼ | 22% | — | — |
| 25 Oct 2017 | ₹ 112.5 | — | 26% | — | — |
| 24 Oct 2017 | ₹ 112.5 | ▼ | 26% | — | — |
| 23 Oct 2017 | ₹ 127.5 | — | 30% | — | — |
| 22 Oct 2017 | ₹ 127.5 | — | 30% | — | — |
| 21 Oct 2017 | ₹ 127.5 | — | 30% | — | — |
| 20 Oct 2017 | ₹ 127.5 | — | 30% | — | — |
Mahindra Logistics IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 31 Oct 2017
- Close 02 Nov 2017
- Allotment 08 Nov 2017
- Refund/credit 09 Nov 2017
- Listing 10 Nov 2017
Mahindra Logistics IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹429 |
|---|---|
| GMP-based estimate (pre-listing) | ₹461 (+7.5%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 10 Nov, 2017 |
| Actual listing price | ₹429 (+0%) |
Is Mahindra Logistics IPO GMP reliable?
Grey market premium for Mahindra Logistics IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Mahindra Logistics IPO full review for a fundamentals-based assessment before making any grey market trades.
Mahindra Logistics IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Mahindra Logistics IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Mahindra Logistics IPO
Mahindra Logistics Limited is an end to end logistics solutions and service provider and part of the Mahindra Group. Its promoter is Mahindra & Mahindra.
Before 2008, the logistics business was run as a division of Mahindra & Mahindra.
Its services include transportation and distribution, warehousing and in factory logistics for many industries.
The IPO was Rs 828.88 crore and was entirely an offer for sale at Rs 429, the top of the Rs 425 to Rs 429 band, so the company received no money.
Frequently asked
What is the GMP of Mahindra Logistics IPO?
The current Grey Market Premium (GMP) of Mahindra Logistics IPO is ₹ 32.5.
What is the Kostak Price of Mahindra Logistics IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Mahindra Logistics IPO is not available.
What is the Subject to Sauda Price of Mahindra Logistics IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Mahindra Logistics IPO?
Mahindra Logistics IPO listed on November 10, 2017 at ₹429, against the issue price of ₹429 — a gain of +0%.
How did the GMP of Mahindra Logistics IPO trend before listing?
The GMP of Mahindra Logistics IPO was stable in its final days before listing. The GMP peaked at ₹127.5 on 23 October 2017. View the day-wise table above for the complete GMP history.
Explore Mahindra Logistics IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
