The Kaushalya Logistics IPO commenced on December 29, 2023, and concluded on January 3, 2024. The allotment of shares took place on January 4, 2024, and the initiation of refunds began on January 5, 2024. The shares were credited to the demat accounts of investors on January 5, 2024. Finally, the listing of Kaushalya Logistics on the stock exchange occurred on January 8, 2024.
The Kaushalya Logistics IPO was priced at ₹71 to ₹75 per share, with a lot size of 1600 shares. The total issue size was ₹36.60 crores, comprising a fresh issue of ₹25.35 crores and an offer for sale of ₹11.25 crores. The IPO was listed on the NSE SME.
Kaushalya Logistics IPO Basic Details
| Company Name | Kaushalya Logistics Limited |
| Domain of Company | Logistics Company |
| Kaushalya Logistics IPO GMP Today | ₹60 |
| Kaushalya Logistics IPO Listing Gain | 80.00% |
| Kaushalya Logistics IPO Open Date | December 29, 2023 |
| Kaushalya Logistics IPO Close Date | January 3, 2024 |
| Kaushalya Logistics IPO Allotment Date | January 4, 2024 |
| Kaushalya Logistics IPO Listing Date | January 8, 2024 |
| Face Value | ₹10 per share |
| Price | ₹71 to ₹75 per share |
| Lot Size | 1600 Shares |
| Issue Size | 4,880,000 shares of ₹10 (aggregating up to ₹36.60 Cr) |
| Fresh Issue | 3,380,000 shares of ₹10 (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 |
| Company Promoters | Uddhav Poddar |
Kaushalya Logistics IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹60 | 80.00% | – | – |
| 1 January 2024 | ₹60 | 80.00% | – | – |
| 31 December 2023 | ₹60 | 80.00% | – | – |
Kaushalya Logistics IPO Details:
Kaushalya Logistics Limited started in August 2007, and it does a few important things. First, it helps a big cement company in India with moving and delivering their stuff. But that’s not all! They also sell electronics and home appliances online. And guess what? In the year 2022-23, they got into the business of renting out commercial spaces.
Now, let’s talk about the services they provide:
- Logistics & Transportation: They give special services to cement companies. This includes moving things in different ways, like by truck, packing stuff up, delivering it, and doing all the paperwork.
- Land Transportation: This is about moving things on the road. They get goods that come by train from the cement companies and then use trucks to take them to the warehouses.
- Warehousing and Distribution: They use warehouses that either belong to the customers or are rented by them. Kaushalya Logistics takes care of everything related to warehousing. They create invoices, manage delivery bills using the customer’s system, and even arrange for transportation. They handle the whole process from picking up the goods to delivering them to the customers.
They work in places like Tamil Nadu, Kerala, Karnataka, Bihar, and Rajasthan. Their main office is in New Delhi, and they also have a regional office in Chennai.
The company is run by 142 people. They’re pretty good at what they do!
Kaushalya Logistics IPO More Details Click Here
Kaushalya Logistics IPO FAQs
When is Kaushalya Logistics IPO open?
Kaushalya Logistics IPO will open on 29 December 2023.
When is Kaushalya Logistics IPO Close?
Kaushalya Logistics IPO will be closed on 3 January 2024.
What is Kaushalya Logistics IPO GMP Today?
The Kaushalya Logistics IPO GMP aka Grey Market Premium is ₹60.
What is Kaushalya Logistics IPO Kostak Rates Today?
The Kaushalya Logistics IPO Kostak Rate is ₹000.
What is Kaushalya Logistics IPO Subject to Sauda Price Today?
The Kaushalya Logistics IPO subject to sauda rates is ₹000.
Kaushalya Logistics IPO Expected Returns?
The Kaushalya Logistics expected return is 80.00%.
How much will be the listing gain in Kaushalya Logistics IPO?
Kaushalya Logistics IPO will get listing gain of 80.00%. (Approx.)
