The Kaushalya Logistics IPO started on December 29, 2023, and ended on January 3, 2024. Shares were allocated on January 4, 2024, and refund processes began on January 5, 2024. On January 5, 2024, the shares were credited to investors demat accounts. Kaushalya Logistics was officially listed on the stock exchange on January 8, 2024.
During the IPO, Kaushalya Logistics offered shares at a price range of ₹71 to ₹75 per share, and the lot size was 1600 shares. The total issue size was ₹36.60 crores, with ₹25.35 crores from new shares and ₹11.25 crores from shares for sale. The IPO was listed on the NSE SME.
Kaushalya Logistics IPO Subscription Update Video
Kaushalya Logistics IPO Subscription Status
The Kaushalya Logistics IPO on January 2, 2024 was subscribed 45.46 times, with the retail category being subscribed 71.69 times, the NII (Non-Institutional Investor) category being subscribed 44.56 times, the QIB (Qualified-Institutional Buyers) category being subscribed 2.74 times.
| Category | Subscription |
| QIB | 2.74x |
| NII | 44.56x |
| Retail | 71.69x |
| Total | 45.46x |
Kaushalya Logistics IPO Basic Details
| Company Name | Kaushalya Logistics Limited |
| Domain of Company | Logistics Company |
| 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 |
About Kaushalya Logistics Limited
Kaushalya Logistics Limited started in August 2007 and helps a big cement company in India by taking care of their shipping needs. They also sell electronics and home appliances online. In the financial year 2022-23, they began leasing commercial real estate. They offer the following services:
- Logistics & Transportation: They provide special services to cement companies, like transporting goods using different methods, picking up, packing, delivering, distributing, and handling all the necessary paperwork.
- Land Transportation: This involves moving goods by land. They get the goods that the cement companies send by train and make sure they get transported locally to the warehouses.
- Warehousing and Distribution: Kaushalya Logistics uses warehouses either owned or rented by their customers. They offer complete warehousing solutions, handling everything from creating invoices to delivering the goods to distributors through third-party providers. They take full responsibility for the whole delivery process, picking up the goods and delivering them to the final destination.
They provide these services in 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 has a total of 142 employees.
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Kaushalya Logistics IPO FAQs
What is the start and end date of Kaushalya Logistics IPO Subscription?
The Kaushalya Logistics IPO started on December 29, 2023, and ended on January 3, 2024.
When does Kaushalya Logistics IPO Subscription open?
The Kaushalya Logistics IPO open on December 29, 2023.
When does Kaushalya Logistics IPO Subscription close?
The Kaushalya Logistics IPO Close on January 3, 2024.
What is the allotment date of Kaushalya Logistics IPO?
The allotment date for Kaushalya Logistics IPO is January 4, 2024.
When is the initial refund date of Kaushalya Logistics IPO?
The initial Refund date for Kaushalya Logistics IPO is January 5, 2024.
When were the shares credited to investors demat accounts for the Kaushalya Logistics IPO?
The shares for the Kaushalya Logistics IPO were credited to investors demat accounts on January 5, 2024.
When will Kaushalya Logistics IPO be listed on the stock market?
Kaushalya Logistics IPO stock market will be listed on January 8, 2024 at 10 am.
What was the price range of the Kaushalya Logistics IPO shares?
The Kaushalya Logistics IPO shares were offered at a price range of ₹71 to ₹75 per share.
What was the lot size for the Kaushalya Logistics IPO shares?
The lot size for the Kaushalya Logistics IPO shares was 1600 shares.
What was the total issue size of the Kaushalya Logistics IPO?
The total issue size of the Kaushalya Logistics IPO was ₹36.60 crores.
On which stock exchanges was the Kaushalya Logistics IPO listed?
The Kaushalya Logistics IPO was listed on the NSE SME.
What is the Kaushalya Logistics IPO Subscription Status?
Kaushalya Logistics IPO is subscribed 45.46 Times.
