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SME IPO Status: Listed [29th Dec 2023 to 3rd Jan 2024]
Kaushalya Logistics IPO, a SME IPO of ₹36.60 Cr was launced on 29-12-2023 to 03-01-2024 and the shares got listed on NSE SME on 08-01-2024.
The public issue of Kaushalya Logistics IPO (KLL) was offered at ₹75.00 per share and the ipo was listed at ₹100. It has delivered listing gain of 33.33%.
As the minimum lot size was 1600 shares, the IPO has offered Rs 40000 per lot return on listing.
| SME IPO Issue Opening Date: | 29th Dec 2023 |
| SME IPO Issue Closing Date: | 3rd Jan 2024 |
| SME IPO Issue Price: | ₹71.00-75.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35% of the Net Issue |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹36.60 Cr |
| Offer for Sale: | ₹11.25 Cr |
| Fresh Issue: | ₹25.35 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 99.99% |
| Promoter Holding Post IPO: | 72.98% |
| Allotment Status: | Allotment Status |
| NSE Code: | KLL |
Get important updates regarding Kaushalya Logistics SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 4th Jan 2024 |
| Refunds Initiation* | 5th Jan 2024 |
| Credit of Shares to Demat* | 5th Jan 2024 |
| SME IPO Listing Date* | 8th Jan 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹71.00-75.00 |
| Market Lot: | 1600 Shares |
| 1 Lot Amount: | ₹120000 |
| Min HNI Lots: | 3200 shares (2 lots) |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 08-01-2024 | 75.00 | 45 | 54700 | ₹120 (60%) | 8-Jan-2024 9:27 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
In 2007, Kaushalya Logistics Limited was established with the primary objective of undertaking construction projects for commercial, residential, and factory buildings. Over time, the company diversified and provided logistic support to the cement industry. Its initial foray into logistics support began with four warehouses in 2010, and it has since expanded to manage 70 warehouses of Dalmia Cement Bharat Limited in multiple Indian states, including Bihar, Tamil Nadu, and Kerala. Kaushalya Logistics Limited has evolved into a comprehensive provider of logistics, clearing, and forwarding services.
The company operates in two main verticals. The first is logistics support for handling and trading cement for traders and customers of Dalmia Cement Bharat Limited. The second vertical is the retail business, where the company partners with a prominent online e-commerce platform to sell electronics and home appliances such as TVs, refrigerators, and washing machines. The retail business covers multiple locations across India and is registered for Goods and Services Tax (GST) in 17 locations. The company acts as a clearing and forwarding agent for large cement firms such as Dalmia Cement Bharat Limited.
The business model includes end-to-end services such as rail clearance, material transportation to the warehouse, loading and unloading, dispatch to traders, invoicing, inventory management (including warehousing), handling insurance matters, depot audit, compliance with relevant statutory regulations, and more. Since January 2022, the company has also been connected to a major e-commerce platform as a preferred supplier for the online sale of white goods and electronics. The company only sells products from leading brands in the online business. In conclusion, Kaushalya Logistics Limited has become a reputable and reliable provider of logistics, clearing, and forwarding services. Its business model is comprehensive, and it has built a strong reputation in the cement industry. The company's online business is also growing rapidly, and it has partnered with a significant e-commerce platform to sell a variety of products.
| Incorporation | Sector | IPO Issue Size | Website |
| 2007 | Construction Industry & Retail Sector | ₹36.60 Cr | https://www.kaushalya.co.in/ |
The company proposes to utilise the Net Proceeds for the following:
The table below is live update of SME IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 982,400 (29.74%) | 696,000 (21.07%) | 1,624,400 (49.18%) | 3,302,800 | |
| 1 | 29th Dec 2023 19:32 | 2.01x | 9.26x | 15.40x | 10.12x |
| 2 | 1st Jan 2024 19:32 | 2.74x | 44.56x | 71.69x | 45.46x |
| 3 | 2nd Jan 2024 19:31 | 4.55x | 209.79x | 195.71x | 141.82x |
| 4 | 3rd Jan 2024 19:32 | 92.62x | 847.88x | 375.44x | 390.88x |
Kaushalya Logistics Limited's revenue increased by 894.14% and profit after tax (PAT) rose by 87.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 16,842.35 | 14,069.86 | 6,493.87 | 3,276.49 |
| Revenue | 57,053.16 | 63,216.41 | 6,358.92 | 3,328.40 |
| Profit After Tax | 214.65 | 705.87 | 376.61 | 299.69 |
| Net Worth | 2,148.29 | 1,933.64 | 1,226.62 | 849.60 |
| Reserves and Surplus | 2,133.29 | 1,918.64 | 1,211.62 | 834.60 |
| Total Borrowing | 5,488.50 | 3,213.34 | 2,476.88 | 1,070.36 |
| Amount in ₹ Lakhs | ||||
Last Updated on 12-Jan-2024 06:02:44
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Kaushalya Logistics SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Kaushalya Logistics SME IPO with Zerodha.
Alternate approch to apply in Kaushalya Logistics SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Kaushalya Logistics SME IPO Review and Important Updates
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To subscribe or apply in Kaushalya Logistics SME IPO, you can use the following methods:
| Kaushalya Logistics SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Kaushalya Logistics SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Kaushalya Logistics SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Kaushalya Logistics SME IPO. Most of the Syndicate Banks provide access to apply in Kaushalya Logistics IPO via ASBA process. You must have your net banking access, DP ID information to apply in Kaushalya Logistics SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Kaushalya Logistics SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Kaushalya Logistics SME IPO Review and Important Updates
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Kaushalya Logistics SME IPO is going to be list on 08-01-2024. NSE Code for Kaushalya Logistics is KLL.
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Kaushalya Logistics SME IPO Allotment Date is 04-01-2024.
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