Kaushalya Logistics IPO Review

 
Kaushalya Logistics IPO Review

IPO Open Date: December 29, 2023

IPO Close Date: January 3, 2024

IPO Price: ₹71 to ₹75 per share

Lot Size: 1600 Shares

Listing: January 8, 2024

Kaushalya Logistics is scheduled to hit the market on December 29, 2023 and close on January 03, 2024. Kaushalya Logistics plans to raise around ₹36.60 Cr through an IPO with a sale of up to 4,880,000 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.

Established in August 2007, Kaushalya Logistics Limited initially carved a niche by offering clearing and forwarding services to a prominent cement enterprise in India. Over time, the company diversified its operations to encompass the distribution of electronics and household appliances via an online e-commerce platform. By the fiscal year 2022-23, the firm expanded its horizons by venturing into commercial real estate leasing.

The core services of Kaushalya Logistics span logistics and transportation, inclusive of land transport, warehousing, and distribution. While its operational footprint covers regions such as Tamil Nadu, Kerala, Karnataka, Bihar, and Rajasthan, the company's corporate headquarters is situated in New Delhi, complemented by a regional office in Chennai. With a committed team of 142 professionals, Kaushalya Logistics continues to grow and adapt to evolving market demands.

Kaushalya Logistics IPO Review


Kaushalya Logistics IPO Details

Kaushalya Logistics opens on Dec 29, 2023, and closes on Jan 03, 2024. The Listing date for Kaushalya Logistics IPO is on Jan 08, 2024. The price band for IPO is ₹71 to ₹75 per share and lot size of 1600 Shares.

IPO DateDec 29 , 2023 to Jan 03, 2024
Listing DateJan 08, 2024
Price₹71 to ₹75 per share
Lot Size1600 Shares
Issue Size₹36.60 Cr
Face Value₹10 per share

Kaushalya Logistics IPO Tentative Timetable

Kaushalya Logistics opening date is December 29, 2023 and close date is January 03, 2024. The IPO allotment date is January 04, 2024. The refund initiation of IPO is on January 05, 2024. The credit of shares in demat account is on January 05, 2024. The listing date is on January 08, 2024.

EventDate
IPO OpeningDec 29, 2023
IPO ClosingJan 03, 2024
IPO Allotment DateJan 04, 2023
Refund InitiationJan 05, 2024
Shares Credit to DematJan 05, 2024
Lisiting DateJan 08, 2024

Kaushalya Logistics IPO Lot Size

Lot Size of this IPO is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹120,000).

CategoryLotsSharesAmount
Retail(Minimum)11600₹120,000
Retail(Maximum)11600₹120,000
HNI (Minimum)23200₹216,000

Kaushalya Logistics IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding72.98%

Kaushalya Logistics IPO Review

Kaushalya Logistics Limited has demonstrated an impressive growth trajectory, evident from its financial performance metrics. With a staggering 894.14% increase in revenue and a substantial 87.43% rise in profit after tax from FY 2022 to FY 2023, the company's operational and financial prowess in the logistics domain is noteworthy. The financial statements portray Kaushalya Logistics Limited as a company that has experienced exponential growth over the past year. Assets surged to ₹16,842.35 lakhs by June 30, 2023, from ₹6,493.87 lakhs in March 31, 2022, underlining its expansion. Furthermore, the company's profitability metrics, including an ROE of 4713.49%, ROCE of 70.48%, and an EPS of ₹470.58, showcase robust financial health and efficiency in operations. These figures provide potential investors with confidence in the company's profitability and return potential.

Kaushalya Logistics Limited's intention to use the IPO proceeds for loan repayment, working capital enhancement, and general corporate purposes provides insights into its strategic financial planning. The focus on debt reduction and bolstering working capital indicates a prudent approach towards optimizing capital structure and ensuring liquidity for future growth initiatives.

While the financial performance of Kaushalya Logistics Limited is impressive, prospective investors should delve deeper into the company's operational strategies, market positioning, competitive landscape, and growth prospects within the logistics industry. Understanding the company's business model, client relationships, expansion plans, and risk mitigation strategies will be crucial for making informed investment decisions. Conducting a comprehensive assessment encompassing industry dynamics, operational efficiencies, regulatory landscape, and the company's strategic imperatives will enable potential investors to evaluate the IPO's attractiveness effectively.

Kaushalya Logistics IPO Subscription Status (Bidding Details)

Table not found

Kaushalya Logistics IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Kaushalya Logistics IPO FAQs

What is Kaushalya Logistics & Infra IPO?

Kaushalya Logistics is issuing 4,880,000 equity shares with a face value of ₹10 each, totaling up to ₹36.60 Cr. The shares are being offered at a price of ₹71 to ₹75 each, with a minimum order quantity of 1600 shares.

Skyline Financial Services Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Kaushalya Logistics IPO will open?

Kaushalya Logistics will open on December 29, 2023 for QIB, NII, and Retail Investors.

When Kaushalya Logistics IPO will end?

Kaushalya Logistics will end on January 03, 2024.

What is Kaushalya Logistics IPO Size?

Kaushalya Logistics IPO size is ₹36.60 Cr.

What is Kaushalya Logistics IPO Price Band?

Kaushalya Logistics price band is ₹71 to ₹75 per share.

What is the Kaushalya Logistics IPO Allotment Date?

Kaushalya Logistics allotment date is January 04, 2024.

What is the Kaushalya Logistics IPO Listing Date?

Kaushalya Logistics listing date is January 08, 2024. The IPO is to be listed on BSE and NSE.

How to Apply Kaushalya Logistics IPO through Zerodha?

To apply for the IPO “Kaushalya Logistics” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Kaushalya Logistics IPO through Upstox?

To apply for the IPO “Kaushalya Logistics” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Kaushalya Logistics IPO Allotment Status?

For Kaushalya Logistics IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Kaushalya Logistics IPO GMP?

You can check out here: Kaushalya Logistics IPO GMP

Sharing Is Caring:
Avatar of Manish Sharma
About Manish Sharma

I'm tech-savvy, loves to write about saving, investing and proper financial planning. Also, I am a blogger, share everything with 100% transparency and the best of my knowledge.

Leave a Comment