Kaushalya Logistics IPO is going to list on stock exchange on Monday, January 8, 2024. It will list on the NSE and SME stock exchange.
Kaushalya Logistics IPO opens for subscription on December 29, 2023 and closes on January 3, 2024. The IPO Price band is ₹71 to ₹75 per share. The total issue is of Rs. 36.60 crores from which ₹25.35 Crore will be raised through fresh issue of shares and ₹11.25 crores will be raised through offer for sale.
Kaushalya Logistics IPO lot size for an application is of 1,600 shares per lot which comes to ₹1,20,000. Retail Investor can apply only 1 lot of shares and HNIs have to apply minimum of 2 lots, which comes to Rs. 2,40,000.
Kaushalya logistics ipo schedule
| Particulars | Date |
| IPO open for subscription | December 29, 2023 |
| IPO close for subscription | January 3, 2024 |
| Allotment of shares | January 4, 2024 |
| Listing Date | January 8, 2024 |
kaushalya logistics ipo- financial information
Amount in Rs. Lakhs
| Particulars | For the period ended June 30, 2023 | For the year ended March 31, 2023 | For the year ended March 31, 2022 | For the year ended March 31, 2021 |
| Revenue | 57,053.16 | 63,216.41 | 6,358.82 | 3,328.40 |
| Net Profit | 214.65 | 705.87 | 376.61 | 299.69 |
| Total Equity | 2,148.29 | 1,933.64 | 1,226.62 | 849.60 |
| Growth in Revenue YOY | – | 894.15% | 91.04% | – |
| Particulars | For the period ended June 30, 2023 | For the year ended March 31, 2023 | For the year ended March 31, 2022 | For the year ended March 31, 2021 |
| EPS* | 142.91 | 470.58 | 250.87 | 199.79 |
*EPS calculated on the basis of no. of shares as on June 30, 2023.
Number of Equity shares just before the issue was 1,51,50,000. EPS according to these shares comes to Rs. 4.66 for the year ended March 31, 2023. The P/E ratio of the company at the price point of Rs. 75 per share is 16.10 as on March 31, 2023.
The Total Market capitalisation of Kaushalya Logistics Limited at price of Rs. 75 per share is INR 138.98 crores.
about kaushalya logistics limited
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. Later its name changed to M/s Kaushalya Logistics Limited in May 2023.
Kaushalya Logistics Limited is developed as an integrated Logistics and Clearing and Forwarding (C&F) services provider. At present the Company operates in three major verticals, one of which vertical is providing logistic support for handling and dealing in the cement for dealers and customers of Dalmia Cement Bharat Limited. The other vertical is of retail /e-commerce business wherein company is the sellers of Electronics and White Good items such as Televisions, Refrigerator, Washing Machines etc. on a major online e-commerce platform, covering locations all across India with registration under Goods and Services Tax (GST) in 17 Locations. Company have also ventured out in commercial real estate sector by owning and renting out commercial shops in Udaipur, which constitutes the third vertical of our business operations.
objects of the issue
The Offer comprises of 33,80,000 shares. Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Repayment of Unsecured Loan
- Funding of working capital requirements of our Company
- General Corporate Purposes
The Net Proceeds are currently expected to be deployed in accordance with the estimated schedule set forth below:
| Particulars | Amount |
| Repayment of Unsecured Loans | 171.00 |
| Funding of working capital requirements of our Company | 1,726.37 |
| General Corporate expense | Not exceed 25% of the Gross Proceeds of the Offer |
For detailed information regarding offer you can see RHP
Read about Kay Cee Energy IPO
Read about Sameera Agro IPO