Kaushalya Logistics Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Kaushalya Logistics Ltd IPO

Kaushalya Logistics Limited is into business of providing Clearing and Forwarding services to one of the leading cement company in India and is also engaged in the selling of electronic and white good products on online e-commerce platform. The Company has also ventured into the business of renting of commercial properties during the FY 2022-23.

Kaushalya Logistics Ltd IPO Details

Total Shares Offered

₹ 48,80,000

Offer to Public

15,00,000

Retail Max (Shares)

₹ 16,22,320

Pre Issue Promoters Holding

₹ 93,07,150

Exchange

NSE

Issue size

₹ 36.6 Cr

IPO Open Date

Dec 29, 2023

Close Date

Jan 3, 2024

Lot Size

1600

Min Investment

₹ 1,13,600

Issue Type

Book Building - SME

Listing Date

Jan 8, 2024

Kaushalya Logistics Ltd IPO Dates

Dec 29, 2023

Opening date

Jan 3, 2024

Closing date

Jan 4, 2024

Basis of Allotment

Jan 5, 2024

Initiation of Refunds

Jan 5, 2024

Credit of Shares

Jan 8, 2024

Listing date

Details

Sector	Type
Sector	Trading
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	2317600
NII	0x	695280
Retail	0x	1622320
Employee	0x	0
Total	0x	4880000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

2317600

695280

1622320

4880000

Kaushalya Logistics Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	1,226.60	1,465.95	624.62
EBITDA	17.75	13.69	9.86
PAT	11.85	9.10	7.06
Total Assets	217.96	138.45	109.90
Share Capital	18.53	18.53	0.15
Total Borrowings	195.09	148.41	99.77
Operating Activities (Net Cash)	12.70	9.82	7.31
Investing Activities (Net Cash)	1.23	1.01	1.22
Financing Activities (Net Cash)	195.09	148.41	99.77
Net Cashflow	0.74	10.63	0.35

About Kaushalya Logistics Ltd

Kaushalya Logistics Limited was originally formed and registered on August 24, 2007 as a private limited Company in the name and style of M/s Kaushalya Buildcon Private Limited. Further, the name of the Company was changed from M/s Kaushalya Buildcon Private Limited to M/s Kaushalya Logistics Private Limited with effect from August 16, 2016 and a new CIN in the new name was received from the ROC. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on March 15, 2023, the Company was converted into a Public Limited Company and consequently the name of the Company was changed from M/s Kaushalya Logistics Private Limited to M/s Kaushalya Logistics Limited vide a fresh certificate of incorporation dated May 01, 2023 issued by the Registrar of Companies, Delhi, bearing CIN U45400DL2007PLC167397.

India has emerged as fastest-growing major economy in the world and is expected to be one of the top three economic powers over the next 10-15 years. The Logistic sector in India is valued at USD 250 Billion in 2021 and it is expected to increase USD 380 Billion by 2025. The overall e-commerce market is also expected to reach USD 350 Billion by 2030 and will experience 21.5% growth. By 2040 Real Estate market will grow to INR 65,00,000 lakh from INR 12,00,000 lakh in 2019.

Peer Comparison:

No Listed Industry Peers

Kaushalya Logistics Ltd Key Points

Strengths

Integrated, end-to-end logistics services and solutions.

Its existing Network and Storage Capabilities.

Strong knowledge and expertise of its promotors.

Industry experience with strong execution capabilities.

Strong Financial Performance.

Risk

Substantial portion of its revenue has been dependent upon e-commerce business which is through only one major e-commerce platform. The loss of its major e-commerce platform would have a material adverse effect on itd business, cash flows, results of operations and financial condition.

Substantial portion of its profits has been dependent upon logistics business which has only one major customer. The loss of the company's major customer would have a material adverse effect on its business, cash flows, results of operations and financial condition.

There are outstanding litigation proceedings involving the Company and Group Companies, an adverse outcome in which, may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.

Strategy

Focus on existing large revenue clients by providing integrated, end-to-end solutions and continue to provide additional services to existing clients.

Identifying new customers and continue to diversify its revenues from different industry verticals.

Continue to focus on upgradation of existing systems.

Focus on new warehouses.

Industries served.

How To Apply for Kaushalya Logistics Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Kaushalya Logistics Ltd IPO?

Kaushalya Logistics Ltd's IPO offers shares for up to 25.35 It begins on Dec 29, 2023 and ends on Jan 3, 2024.

What is the price of the Kaushalya Logistics Ltd IPO?

The price of Kaushalya Logistics Ltd IPO ranges between ₹71 to ₹75 per share.

What are the open and close dates for the Kaushalya Logistics Ltd IPO?

The Kaushalya Logistics Ltd IPO opens on Dec 29, 2023 and closes on Jan 3, 2024.

When will the Kaushalya Logistics Ltd IPO be allotted?

The allotment for the Kaushalya Logistics Ltd IPO will be finalised on Jan 4, 2024. The shares will be listed on BSE and NSE on Jan 8, 2024.

What is the minimum lot size required for Kaushalya Logistics Ltd IPO?

The minimum lot size for Kaushalya Logistics Ltd IPO is 1600 shares, priced between ₹71 to ₹75 per share.

What is the GMP of Kaushalya Logistics Ltd IPO?

The GMP (Grey Market Premium) of Kaushalya Logistics Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Kaushalya Logistics Ltd IPO?

To check the allotment status of Kaushalya Logistics Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Kaushalya Logistics Ltd IPO getting listed?

The Kaushalya Logistics Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Dec 29, 2023, and closes on Jan 3, 2024. The allotment is finalised on Jan 4, 2024.

How do you apply for the Kaushalya Logistics Ltd IPO?

To apply for the Kaushalya Logistics Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.