Listless market debut for Mahindra Logistics; stock trades at Rs 432 on BSE

Mahindra Logistics on Friday made a listless market debut, as the scrip got listed at Rs 432 on BSE, a premium of 0.70 per cent over its issue price of Rs 429. The Rs 829-crore IPO, which was sold in Rs 425-429 price band from October 31 to November 2, was subscribed 7.90 times, with quota for qualified institutional buyers