Kaushalya Logistics Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 29,2023 - Jan 3,2024
Price Band
₹71 - 75
Current GMP
₹100 (33.33%)
Subscription
390.88 times
IPO Details
| IPO Date | December 29, 2023 to January 3, 2024 |
| Listing Date | Monday, January 8, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 4,880,000 shares (aggregating up to ₹36.60 Cr) |
| Fresh Issue | 3,380,000 shares (aggregating up to ₹25.35 Cr) |
| Offer for Sale | 1,500,000 shares of ₹10 (aggregating up to ₹11.25 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 15,100,000 |
| Share holding post issue | 18,480,000 |
| Market Maker portion | 244,800 shares Nikunj Stock Brokers |
IPO Date
December 29, 2023 to January 3, 2024
Listing Date
Monday, January 8, 2024
Face Value
₹10 per share
Price Band
₹71 to ₹75 per share
Lot Size
1600 Shares
Total Issue Size
4,880,000 shares (aggregating up to ₹36.60 Cr)
Fresh Issue
3,380,000 shares (aggregating up to ₹25.35 Cr)
Offer for Sale
1,500,000 shares of ₹10 (aggregating up to ₹11.25 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
15,100,000
Share holding post issue
18,480,000
Market Maker portion
244,800 shares Nikunj Stock Brokers
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 92.62 |
| Non-Institutional Buyers* | 847.88 |
| Retail Investors | 375.44 |
| Total ** | 390.88 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
92.62
Non-Institutional Buyers*
847.88
Retail Investors
375.44
Total **
390.88
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Dec 29, 2023 | 2.01 | 9.26 | 15.40 | 10.12 |
| Day 2 Jan 1, 2024 | 2.74 | 44.56 | 71.69 | 45.46 |
| Day 3 Jan 2, 2024 | 4.55 | 209.79 | 195.71 | 141.82 |
| Day 4 Jan 3, 2024 | 92.62 | 847.88 | 375.44 | 390.88 |
DayDay 1
Dec 29, 2023
QIB2.01
NII*9.26
Retail15.40
Total10.12
DayDay 2
Jan 1, 2024
QIB2.74
NII*44.56
Retail71.69
Total45.46
DayDay 3
Jan 2, 2024
QIB4.55
NII*209.79
Retail195.71
Total141.82
DayDay 4
Jan 3, 2024
QIB92.62
NII*847.88
Retail375.44
Total390.88
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 07-01-2024 | 75.00 | 39 (52%) | 114 |
| 06-01-2024 | 75.00 | 39 (52%) | 114 |
| 05-01-2024 | 75.00 | 35 (46.67%) | 110 |
| 04-01-2024 | 75.00 | 45 (60%) | 120 |
| 03-01-2024 | 75.00 | 45 (60%) | 120 |
| 02-01-2024 | 75.00 | 60 (80%) | 135 |
| 01-01-2024 | 75.00 | 60 (80%) | 135 |
| 31-12-2023 | 75.00 | 55 (73.33%) | 130 |
| 30-12-2023 | 75.00 | 55 (73.33%) | 130 |
| 29-12-2023 | 75.00 | 50 (66.67%) | 125 |
| 28-12-2023 | 75.00 | 35 (46.67%) | 110 |
| 27-12-2023 | 75.00 | 30 (40%) | 105 |
| 26-12-2023 | 75.00 | 30 (40%) | 105 |
Date07-01-2024
Price75.00
GMP39 (52%)
Estimate List Price114
Date06-01-2024
Price75.00
GMP39 (52%)
Estimate List Price114
Date05-01-2024
Price75.00
GMP35 (46.67%)
Estimate List Price110
Date04-01-2024
Price75.00
GMP45 (60%)
Estimate List Price120
Date03-01-2024
Price75.00
GMP45 (60%)
Estimate List Price120
Date02-01-2024
Price75.00
GMP60 (80%)
Estimate List Price135
Date01-01-2024
Price75.00
GMP60 (80%)
Estimate List Price135
Date31-12-2023
Price75.00
GMP55 (73.33%)
Estimate List Price130
Date30-12-2023
Price75.00
GMP55 (73.33%)
Estimate List Price130
Date29-12-2023
Price75.00
GMP50 (66.67%)
Estimate List Price125
Date28-12-2023
Price75.00
GMP35 (46.67%)
Estimate List Price110
Date27-12-2023
Price75.00
GMP30 (40%)
Estimate List Price105
Date26-12-2023
Price75.00
GMP30 (40%)
Estimate List Price105
IPO Important Dates
| IPO Open Date | Friday, December 29, 2023 |
| IPO Close Date | Wednesday, January 3, 2024 |
| Basis of Allotment | Thursday, January 4, 2024 |
| Initiation of Refunds | Friday, January 5, 2024 |
| Credit of Shares to Demat | Friday, January 5, 2024 |
| Listing Date | Monday, January 8, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 3, 2024 |
IPO Open Date
Friday, December 29, 2023
IPO Close Date
Wednesday, January 3, 2024
Basis of Allotment
Thursday, January 4, 2024
Initiation of Refunds
Friday, January 5, 2024
Credit of Shares to Demat
Friday, January 5, 2024
Listing Date
Monday, January 8, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 3, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹120,000 |
| Retail (Max) | 1 | 1600 | ₹120,000 |
| HNI (Min) | 2 | 3,200 | ₹240,000 |
ApplicationRetail (Min)
Lots1
Shares1600
Amount₹120,000
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹120,000
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹240,000
Financial Information
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 16,842.35 | 14,069.86 | 6,493.87 |
| Revenue | 57,053.16 | 63,216.41 | 6,358.92 |
| Profit After Tax | 214.65 | 705.87 | 376.61 |
| Net Worth | 2,148.29 | 1,933.64 | 1,226.62 |
| Reserves and Surplus | 2,133.29 | 1,918.64 | 1,211.62 |
| Total Borrowing | 5,488.50 | 3,213.34 | 2,476.88 |
Period EndedPeriod Ended
30 Jun 202330 Jun 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Jun 202316,842.35
31 Mar 202314,069.86
31 Mar 20226,493.87
Period EndedRevenue
30 Jun 202357,053.16
31 Mar 202363,216.41
31 Mar 20226,358.92
Period EndedProfit After Tax
30 Jun 2023214.65
31 Mar 2023705.87
31 Mar 2022376.61
Period EndedNet Worth
30 Jun 20232,148.29
31 Mar 20231,933.64
31 Mar 20221,226.62
Period EndedReserves and Surplus
30 Jun 20232,133.29
31 Mar 20231,918.64
31 Mar 20221,211.62
Period EndedTotal Borrowing
30 Jun 20235,488.50
31 Mar 20233,213.34
31 Mar 20222,476.88
Key Performance Indicator
| Post P/E (x) | 16.2 |
| Market Cap (₹ Cr.) | 138.98 |
| ROE | 4713.49% |
| ROCE | 70.48% |
| EPS (Rs) | 470.58 |
Post P/E (x)
16.2
Market Cap (₹ Cr.)
138.98
ROE
4713.49%
ROCE
70.48%
EPS (Rs)
470.58
IPO Reservation
| Anchor Investor Shares Offered | 1,334,000 (27.33%) |
| Market Maker Shares Offered | 244,800 (5.01%) |
| QIB Shares Offered | 982,400 (20.12%) |
| NII (HNI) Shares Offered | 696,000 (14.26%) |
| Retail Shares Offered | 1,624,400 (33.28%) |
| Total Shares Offered | 4,881,600 (100%) |
Anchor Investor Shares Offered
1,334,000 (27.33%)
Market Maker Shares Offered
244,800 (5.01%)
QIB Shares Offered
982,400 (20.12%)
NII (HNI) Shares Offered
696,000 (14.26%)
Retail Shares Offered
1,624,400 (33.28%)
Total Shares Offered
4,881,600 (100%)
Information about company
Founded in August 2007, Kaushalya Logistics Limited provides clearing and forwarding services to a leading cement company in India. The company also distributes electronics and home appliances through an online e-commerce platform. In FY 2022-23, the company entered into the commercial real estate leasing business. The company offers the following services:
Logistics & Transportation - The company provides customised services to cement companies including multimodal transportation, pick-up, packing, delivery, distribution and full documentation.Land transportation - This service includes the transportation of the customer's goods by land. The company receives the goods shipped by rail from the cement companies and organises the local transport to the warehouses.Warehousing and distribution - The warehouses used by Kaushalya Logistics are owned or rented by the customers. The company offers complete warehousing solutions, from creating invoices and delivery bills via the customer's ERP system to organising transportation for delivery to distributors through third-party providers. The company takes full responsibility for door-to-door delivery, i.e. it collects the consignment from the shipper and delivers it to the consignee.
The company offers its services in Tamil Nadu, Kerala, Karnataka, Bihar and Rajasthan and has its head office in New Delhi and a regional office in Chennai.
The company has a total of 142 employees.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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