
Kaushalya Logistics Limited IPO
NSE SMEListed On: Jan 8, 2024 at ₹ 100.0
₹ 240000 /3200 Shares
*Min Investment
29 Dec, 2023
Open Date03 Jan, 2024
Close Date04 Jan, 2024
Allotment Date08 Jan, 2024
Listing DateKaushalya Logistics Limited IPO Issue Details
- Issue Price ₹71-75 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 4,880,000 shares(aggregating up to ₹36.60 Cr)
- Listing at NSE SME
- List Price 100.0
- Listing Date 2024-01-08
- Lead Manager Khandwala Securities Limited
- Registrar Skyline Financial Services Private Ltd
Kaushalya Logistics Limited IPO Details
- Retail Portion 35%
Kaushalya Logistics Limited IPO Documents
Kaushalya Logistics Limited IPO Details
Kaushalya Logistics Limited IPO is an SME IPO, priced at ₹71-75 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 29, 2023 to Jan 3, 2024. The allotment is expected to be finalized on Jan 4, 2024, and the tentative listing date is Jan 8, 2024.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Kaushalya Logistics Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 982,400 / 696,000 | 1,624,400 | 3,302,800 |
Day 1 29-12-23 06:00 PM | 2.01 / 9.26 x | 15.40 x | 10.12 x |
Day 2 01-01-24 06:00 PM | 2.74 / 44.56 x | 71.69 x | 45.46 x |
Day 3 02-01-24 06:00 PM | 4.55 / 209.79 x | 195.71 x | 141.82 x |
Day 4 03-01-24 06:00 PM | 92.62 / 848.23 x | 375.44 x | 390.34 x |
Kaushalya Logistics Limited Valuations
Kaushalya Logistics Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|
About Kaushalya Logistics Limited Company
Kaushalya Logistics Limited provides clearing and forwarding services to a leading cement company in India. The company also distributes electronics and home appliances through an online e-commerce platform. In FY 2022-23, the company entered into the commercial real estate leasing business. The company offers the following services:
Logistics & Transportation - The company provides customised services to cement companies including multimodal transportation, pick-up, packing, delivery, distribution and full documentation.
Land transportation - This service includes the transportation of the customer's goods by land. The company receives the goods shipped by rail from the cement companies and organises the local transport to the warehouses.
Warehousing and distribution - The warehouses used by Kaushalya Logistics are owned or rented by the customers. The company offers complete warehousing solutions, from creating invoices and delivery bills via the customer's ERP system to organising transportation for delivery to distributors through third-party providers. The company takes full responsibility for door-to-door delivery, i.e. it collects the consignment from the shipper and delivers it to the consignee.
The company offers its services in Tamil Nadu, Kerala, Karnataka, Bihar and Rajasthan and has its head office in New Delhi and a regional office in Chennai.
The company has a total of 142 employees.
Kaushalya Logistics Limited - Promoter(s)
Uddhav Poddar
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 72.98%
Kaushalya Logistics Limited IPO - Issue Objectives
Repayment of Unsecured Loan
Funding of working capital requirements of the company
General Corporate Purposes.
Kaushalya Logistics Limited IPO - FAQs
Ans. Kaushalya Logistics Limited IPO is a SME IPO. The issue is priced at ₹71-75 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Dec 29, 2023, and closes on Jan 3, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Kaushalya Logistics Limited IPO opens on Dec 29, 2023 and closes on Jan 3, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Kaushalya Logistics Limited IPO is 4,880,000 shares(aggregating up to ₹36.60 Cr).
Ans. The Kaushalya Logistics Limited IPO price band is set between ₹71-75 per equity share.
Ans. To apply for Kaushalya Logistics Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kaushalya Logistics Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Kaushalya Logistics Limited IPO is Jan 4, 2024.
Ans. The Kaushalya Logistics Limited IPO will be listed on Jan 8, 2024.
Ans. Follow the steps to check the Kaushalya Logistics Limited IPO allotment status online.