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Mahindra Logistics IPO subscribed 7.6 times

BS Reporter/ 03 Nov 17 | 12:32 AM

The Rs 830-crore initial public offering of Mahindra Logistics garnered a subscription of 7.6 times on Thursday, the last day of the IPO. 

Mahindra Logistics operates as a third-party logistics services provider. The institutional portion was subscribed 15.6 times, while that of high net worth individual was subscribed 2.1 times.

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