Kaushalya Logistics Limited IPO

Price
₹71 - ₹75
Lot
1600
Subs.
390.88
Expected Listing Earning

Exp. Premium(GMP):
45.98(61.30%)
IPO Details

Open Date: 29-Dec-2023
Close Date: 03-Jan-2024
Allotment Date: 04-Jan-2024
Listing Date: 08-Jan-2024
Listing Price: ₹110.25/-
Face Value: ₹10 Per Equity Share
Issue Price: ₹71-75 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹120,000 : HNI - ₹240,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved982,400696,0001,624,4003,302,800
Day 1 - 29-12-23 
05:00 PM
2.01x9.26x15.40x10.12x
Day 2 - 01-01-24 
05:00 PM
2.74x44.56x71.69x45.46x
Day 3 - 02-01-24 
05:00 PM
4.55x209.79x195.71x141.82x
Day 4 - 03-01-24 
05:00 PM
92.62x847.88x375.44x390.88x
Total No. of Application:381,170 (Approx.)
Retail Subscription on the basis of Apps:375.54x
Valuations

Earning Per Share(EPS)470.58/-
P/E Ratio16.2
RoNW36.50%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Jun,202316,842.3557,053.16214.65
31 Mar,202314,069.8663,216.41705.87
31 Mar,20226,493.876,358.92376.61
31 Mar,20213,276.493,328.40299.69
Promoter(s)

Pre Issue Share Holding99.99%
Post Issue Share Holding72.98%
Company Promoter(s)
1. Uddhav Poddar
Issue Objective(s)

The company proposes to utilise the Net Proceeds for the following:

  • Repayment of Unsecured Loan
  • Funding of working capital requirements of the company;
  • General Corporate Purposes.
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

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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