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Mahindra & Mahindra seeks IPO of logistics arm

Indian multinational automobile conglomerate Mahindra & Mahindra is planning to sell a chunk of its logistics subsidiary in an IPO, according to a filing on Thursday.

  • By Jonathan Breen
  • 04 Aug 2017
Mahindra Logistics will be listed through an offer for sale of 19.3m secondary shares, or 27.5% of its share capital. The parent will provide 9.6m shares for the offer, while 9.3m will come from Normandy Holdings, and private equity firm Kedaara Capital will put up the remaining 394,993 ...

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Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
Excludes PPs. Click for full table
1 China Merchants Securities Co 26.40
2 Industrial and Commercial Bank of China (ICBC) 20.00
3 China Securities 13.33
4 Agricultural Bank of China (ABC) 12.00
5 Bank of China (BOC) 11.33

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 CITIC Securities 6,126.98 28 9.14%
2 Goldman Sachs 5,830.12 20 8.69%
3 Morgan Stanley 4,333.56 27 6.46%
4 China International Capital Corp Ltd 3,925.11 17 5.85%
5 UBS 3,727.37 21 5.56%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 HSBC 12,570.23 112 8.45%
2 JPMorgan 9,000.86 54 6.05%
3 Citi 8,900.47 66 5.98%
4 Credit Suisse 5,860.46 43 3.94%
5 Standard Chartered Bank 5,747.27 53 3.86%

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