Mahindra Logistics IPO Subscription Status
Mahindra Logistics IPO was subscribed 7.9 times when bidding closed on 2 Nov 2017: QIB 15.6x, NII 2.07x, Retail 6.1x.
The Mahindra Logistics IPO has been subscribed 7.9x times overall. Retail investors have shown interest with bids for 6.1x the shares available. The Non-Institutional Investor (NII) category has been subscribed 2.07x. Qualified Institutional Buyers (QIBs) have subscribed 15.6x. Data last updated on 12 Nov, 03:11 PM.
The IPO subscription period has ended. The issue opened on 31 Oct, 2017 and closes on 02 Nov, 2017. The shares are expected to list on stock exchanges on 10 Nov, 2017.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 15.6x |
| NII | - of - - | 2.07x |
| Retail | - of - - | 6.1x |
| Employee | - of - - | 1.94x |
| TOTAL | - - | 7.9x |
Mahindra Logistics IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 16.4% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 15.6x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
02 Nov 2017
Day 3 |
7.9x | ▼ | |
|
QIB15.6x
BHNI-
SHNI-
Retail6.1x
Employee1.94x
|
|||
|
01 Nov 2017
Day 2 |
1.32x | ▼ | |
|
QIB0.76x
BHNI-
SHNI-
Retail2.18x
|
|||
|
31 Oct 2017
Day 1 |
0.48x | ▼ | |
|
QIB0.35x
BHNI-
SHNI-
Retail0.76x
|
|||
Mahindra Logistics IPO dates
From the bidding window 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
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Mahindra Logistics IPO?
As of IPO close date (02 Nov, 2017), the Mahindra Logistics IPO is subscribed 7.9x times. Retail category is 6.1x, and NII is 2.07x subscribed.
When is the allotment date for Mahindra Logistics IPO?
The allotment for Mahindra Logistics IPO is expected to be finalized on 08 November, 2017.
What is the GMP of Mahindra Logistics?
The Grey Market Premium (GMP) for Mahindra Logistics is currently ₹32.5, indicating a potential listing gain of 8%.
When will Mahindra Logistics IPO list on the stock market?
Mahindra Logistics is scheduled to list on BSE and NSE on 10 November, 2017.
What are the chances of getting allotment in Mahindra Logistics IPO?
The retail category is oversubscribed at 6.1x, meaning allotment is by lottery. Statistically, approximately 1 in 7 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 15.6x mean for Mahindra Logistics IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 15.6x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Mahindra Logistics IPO allotment status?
After the allotment date (08 Nov, 2017), you can check your Mahindra Logistics IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Mahindra Logistics IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
