Mahindra Logistics Limited – Completes Anchor Allocation

Mahindra Logistics Limited which is tapping the capital markets with its fresh issue for 1,93,32,346 equity shares completed allocation to anchor investors. The issue is in a price band of Rs 425-429 and has opened on Tuesday the 31st of October.
The issue would close on Thursday the 2nd of November. The company allotted 57,62,203 shares to 15 anchor investors comprising of 19 entities. The highest allocation of 5,36,112 shares or 9.30% has been made to four investors which include 2 FPI’s and 2 domestic funds.

The full list of anchor investors and their allocation is given below:-

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