Kaushalya Logistics Ltd IPO
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Kaushalya Logistics Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 48.8 L | ₹ 15 L | ₹ 16.22 L | ₹ 93.07 L | NSE | ₹ 36.6 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 29 Dec, 23 | 03 Jan, 24 | 1600 | ₹ 1,13,600 | Book Building - SME | 08 Jan, 24 |
Kaushalya Logistics Ltd IPO Dates
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* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 2317600 | 0 |
| NII | 0x | 695280 | 0 |
| Retail | 0x | 1622320 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 4880000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Kaushalya Logistics Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1,465.95 | 624.62 | 60.29 |
| EBITDA | 13.69 | 9.86 | 5.87 |
| PAT | 9.10 | 7.06 | 3.76 |
| Total Assets | 138.45 | 109.90 | 37.13 |
| Share Capital | 18.53 | 0.15 | 0.15 |
| Total Borrowings | 148.40 | 99.77 | 47.69 |
| Operating Activities (Net Cash) | 9.82 | 7.31 | 4.08 |
| Investing Activities (Net Cash) | 1.01 | 1.22 | 1.22 |
| Financing Activities (Net Cash) | 148.40 | 99.77 | 47.69 |
| Net Cashflow | 10.63 | 0.35 | 10.61 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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.
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.
Peer Comparison:
- No Listed Industry Peers
Kaushalya Logistics Ltd IPO 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.
- 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.
How To Apply for Kaushalya Logistics Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
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.
