Kaushalya Logistics IPO
The initial public offering (IPO) of Kaushalya Logistics will open for subscription on December 29 and close on January 03, it comprises a fresh issue and an offer for sale (OFS) of Rs. 36.60 Crores. An investor can apply for the issue for a minimum of 1600 shares and the listing will happen on January 08, 2024.
#1. Quick Intro of Kaushalya Logistics
Kaushalya Logistics Limited (2007) is engaged in the business of providing clearing and forwarding services to a leading cement company in India, along with a logistics company also engaged in the business of distribution electronics appliances and commercial real estate business.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Kaushalya Logistics
The company intends to use the IPO Funds for the below-mentioned purposes:
- Meet the working capital requirement of the company
- Repayment of certain unsecured loans
- General corporate-related expenses.
#3. Kaushalya Logistics Core Strengths
- Integrated, end-to-end logistics services and solutions
- Strong financial performance
- Industry experience with strong execution capabilities
- Strong Network and storage capabilities
- Experienced promoters and management team
#4. Kaushalya Logistics IPO Review & Rating
| Issue Size | Rs.36.60 Crore |
| Issue Price | Rs.71-75 per share |
| Minimum Lot Size | 1600 Shares |
| Total Profit (March 2023) | Rs.705.87 (lakhs) |
| P/E (x) | – |
| ROCE | 70.48% |
| Listing on | NSE SME |
| IPO Deliver Rating | One |
#5. Kaushalya Logistics IPO Dates, Price Band & Details
Kaushalya Logistics IPO will open on December 29, 2023, and close on January 03, 2024. The IPO is to be listed on January 08, 2024.
| Type of issue | Book Built Issue IPO |
| Issue Size | Rs. 36.60 Crore |
| Price Brand | Rs.71-75 per share |
| Face Value | Rs. 10/- per share |
| IPO Open Date | December 29, 2023 |
| IPO Close Date | January 03, 2024 |
| IPO Allotment Date | January 04, 2024 |
| Refund Date | January 05, 2024 |
| Share Credit Date | January 05, 2024 |
| Listing Date | January 08, 2024 |
#6. Kaushalya Logistics IPO Offer Details
Kaushalya Logistics IPO’s total issue size is 48,88,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 33,80,000 | 25.35 |
| Offer for Sale (OFS) | 15,00,000 | 11.25 |
#7. Kaushalya Logistics Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 63216.41 | 6358.92 | 3328.40 |
| Net Worth | 1933.64 | 1226.62 | 849.60 |
| Profit | 705.87 | 376.61 | 299.69 |
| Total Borrowings | 3213.34 | 2476.88 | 1070.36 |
#8. Kaushalya Logistics Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 470.58 | 250.87 | 199.79 |
| RoNW (%) | 36.50 | 30.68 | 35.27 |
| NAV (Rs.) | 1289.09 | 817.75 | 566.40 |
#9. Kaushalya Logistics Comparison with Other Peer Companies
No listed companies in India are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Crore)) |
RoNW (%) | NAV (Rs.) |
| – | – | – | – |
| – | – | – | – |
#10. Kaushalya Logistics Company Promoters
The company has Three promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Uddhav Poddar |
| 02. | Uddhav Poddar (HUF) |
| 03. | Bhumika Realty Private Limited |
#11. Kaushalya Logistics Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 99.99 |
| Post-issue | 72.98 |
#12. Kaushalya Logistics IPO Reservation Details
Kaushalya Logistics IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| Retail Individual Investor (RII) | Not less than 35% of the issue size |
| QIB | Not more than 50% of the issue size |
| NII (HNI) | Not more than 15% of the issue size |
#13. Kaushalya Logistics IPO – Lot Size
An investor can apply for a minimum of 1600 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 1600 | 1,20,000 |
| Retail (Max.) | 1 | 1600 | 1,20,000 |
| HNI (Min.) | 2 | 3200 | 2,40,000 |
| HNI (Max.) | – | – | – |
#14. Kaushalya Logistics IPO – Prospectus Copy
An investor can download/view the Kaushalya Logistics prospectus copy, which the company filed to SEBI, details are as follows.
| Kaushalya Logistics IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Kaushalya Logistics IPO Registrar
Skyline Financial Services Private Limited
Phone No.: +91-011-40450193
E-Mail: ipo@skylinerta.com
Website: www.skylinerta.com
#16. Kaushalya Logistics IPO Lead Manager
Khandwala Securities Limited
Phone No.: +91-22-40767373
E-Mail: rinav@kslindia.com
Website: www.kslindia.com
#17. Kaushalya Logistics IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Kaushalya Logistics IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Kaushalya Logistics Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Kaushalya Logistics Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you.
#18. Kaushalya Logistics Company Details
Kaushalya Logistics Limited
Registered Office: 19 Community Centre, Ist and IInd Floor, East of Kailash, New Delhi-110065, INDIA
Phone No: +91-011-41326013
Email: info@kaushalya.co.in
Website: www.kaushalya.co.in
Investor Grievances/Compliance Officer: Prateek Sharma
#19. Kaushalya Logistics Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies |
| 01. | – |
| 02. | – |
#20. Kaushalya Logistics Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Uddhav Poddar |
| 02. | Ram Gopal Choudhary |
Kaushalya Logistics IPO – Frequently Asked Questions (FAQs)
| #1. What is Kaushalya Logistics IPO?
Kaushalya Logistics brings its IPO of Rs. 36.60 Crores, on December 29, 2023, with a price band of Rs71-75 per share. |
| #2. What is the Kaushalya Logistics IPO Open date?
Kaushalya Logistics IPO’s opening date is December 29, 2023. |
| #3. What is the Kaushalya Logistics IPO Close Date?
Kaushalya Logistics IPO’s closing date is January 03, 2024. |
| #4. What is the Kaushalya Logistics IPO Listing date?
Kaushalya Logistics’s IPO listing date is January 08, 2024.. |
| #5. What is the Kaushalya Logistics IPO Minimum investment amount?
Kaushalya Logistics IPO’s minimum investment amount is Rs. 120,000. |
| #6. What is the Kaushalya Logistics IPO offer issue Size?
Kaushalya Logistics offers an issue size of Rs. 36.60 Crores. |
| #7. What is the Kaushalya Logistics IPO Price Band?
Kaushalya Logistics’s IPO price band is Rs.71-75 per share. |
| #8. Is Kaushalya Logistics IPO mainboard IPO or SME IPO?
Kaushalya Logistics IPO is an SME IPO. |
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