Mahindra Logistics Rights Issue dates 31 July – 14 August 2025.
Mahindra Logistics, a subsidiary of Mahindra & Mahindra, is a leading integrated logistics and mobility solutions provider in India. With a diversified portfolio, MLL serves key sectors including Automotive, Engineering, FMCG, Pharmaceuticals, E-commerce, and Telecommunications. The company manages over 22.1 million sq. ft. of warehousing under its Contract Logistics arm, operating 15,000+ trucks/month in an asset-light model, contributing 77.43% to revenue in 9MFY25.
Its B2B Express segment covers 19,000+ pin codes with 1,100+ trucks and 400+ logistics partners, catering to MSMEs and Tier 2/3 expansion, accounting for 5.87% of revenues. The Cross-Border Logistics vertical operates across 50+ trade lanes, offering FCL, LCL, and air freight services in sectors like oil & gas and engineering, contributing 5.05%.
In Last-Mile Delivery, MLL handles 350,000+ orders/day using 6,000+ vehicles, integrating EVs and micro-fulfillment solutions (6.46% of revenue). Its Mobility Solutions run 5,000+ vehicles, making 12,000+ trips daily, with growing EV deployment (5.23% revenue share). The digital platform LogiOne—featuring LogiFreight, LogiPick, and LogiOpt—is under rollout to enhance operational efficiency.
Promoters of Mahindra Logistics – Mahindra & Mahindra Limited
Table of Contents
Mahindra Logistics Rights Issue Details
| Mahindra Logistics Rights Issue Date | 31 July – 14 August 2025 |
| Mahindra Logistics Rights Issue Price | INR 277 per share |
| Issue Size (in Shares) | 2,70,49,301 shares |
| Issue Size (in INR) | INR 749.27 crore |
| Issue Entitlement | 3 equity shares for every 8 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Mahindra Logistics Rights Issue Record Date | 23 July 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
Mahindra Logistics Rights Issue Calculation
| Mahindra Logistics Rights Issue Price | INR 277 per share |
| Market Price on Rights Issue Approval | INR 410.05 per share |
| Dilution Factor (X) | 1.4 |
| Fair Value After Dilution at Prevailing Price | INR 373.76 per share |
Mahindra Logistics Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 5,128 | 5,506 | 6,105 |
| Expenses | 4,868 | 5,275 | 5,820 |
| OPM (%) | 5.0 | 4.0 | 5.0 |
| Net Income | 25.0 | (53.0) | (30.0) |
| ROCE (%) | 7.0 | 3.0 | 6.0 |
Mahindra Logistics Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment and/or prepayment, in full or part, of all or a portion of certain borrowings availed by the company and certain subsidiaries – INR 556.3 crore
- General corporate purposes
Mahindra Logistics Rights Offer Documents
- Mahindra Logistics Rights Issue Application Form
- Mahindra Logistics Letter of Offer
- Board Meeting Outcome
- Mahindra Logistics Draft Letter of Offer
- Rights Issue in 2024
Mahindra Logistics Rights Issue Dates
| Rights Issue Approval Date | 17 July 2025 |
| Rights Issue Record Date | 23 July 2025 |
| Credit of Rights Entitlement | 24 July 2025 |
| Rights Issue Opening Date | 31 July 2025 |
| Last Date for Market Renunciation | 11 August 2025 |
| Rights Issue Closing Date | 14 August 2025 |
| Finalization of Basis of Allotment | 18 August 2025 |
| Rights Allotment Date | 18 August 2025 |
| Credit Date | 19 August 2025 |
| Listing Date | 20 August 2025 |
Mahindra Logistics Rights Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Mahindra Logistics Contact Details
MAHINDRA LOGISTICS LIMITED
Arena Space, 10th & 11th Floor, Plot No. 20,
Jogeshwari Vikhroli Link Road, Near Majas Bus Depot,
Jogeshwari (East), Mumbai – 400060
Phone: + 91 22-2490 1441/ + 91 22 6836 7900
Email: [email protected]
Website: www.mahindralogistics.com
Mahindra Logistics Rights Offer FAQs
What is the Mahindra Logistics Rights Issue Price?
The issue price is INR 277 per share.
What is the Mahindra Logistics Rights Issue entitlement ratio?
The eligible shareholders are offered 3 equity shares for every 8 equity shares held on the record date.
What is the Mahindra Logistics Rights Issue Record Date?
The Record date is 23 July 2025.
How to Apply in the Mahindra Logistics Rights Offer?
The best way to apply in the Mahindra Logistics Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit it with your broker.