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.
Kaushalya Logistics IPO – Details
| IPO Opening Date | 29 December 2023 |
| IPO Closing Date | 03 January 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 48,80,000 Shares Worth ₹36.60 Crore Fresh Issue: 33,80,000 Shares Worth ₹25.35 Crore Offer For Sale: 15,00,000 Shares Worth ₹11.25 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹71 – ₹75 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Kaushalya Logistics IPO – Date Schedule
| IPO Open Date | 29 December 2023 |
| IPO Close Date | 03 January 2024 |
| Basis of Allotment | 04 January 2024 |
| Initiation of Refund | 05 January 2024 |
| Credit of Shares to Demat Account | 05 January 2024 |
| IPO Listing Date | 08 January 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jan 03, 2023 |
Kaushalya Logistics IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | 1,20,000 |
| Retail (Maximum) | 1 | 1600 | 1,20,000 |
| HNI (Minimum) | 2 | 3200 | 2,40,000 |
Competitive Strengths
- Integrated, end-to-end logistics services and solutions.
- Company’s existing Network and Storage Capabilities.
- Strong knowledge and expertise of the company’s promotors.
- Industry experience with strong execution capabilities.
- Strong Financial Performance.
Company Promoters
- Uddhav Poddar
Object Of The Issue
- Repayment of Unsecured Loan;
- Funding of working capital requirements of the company;
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 33.28 | 27.85 | 3.00 | 10.70 |
| 31 March 2022 | 63.58 | 55.26 | 3.77 | 24.76 |
| 31 March 2023 | 632.16 | 618.28 | 7.07 | 32.13 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 16.2 |
| Market Cap (₹ Cr.) | 138.98 |
| ROE | 4713.49% |
| ROCE | 70.48% |
| EPS (Rs) | 470.58 |
| RoNW | 36.50% |
Kaushalya Logistics IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.98% |
Kaushalya Logistics IPO Prospectus
Company Contact Information
| Kaushalya Logistics Limited 19, Community Centre First and Second Floor, East of Kailash, New Delhi-110065 Phone: +91-011-4132-6013 Email: info@kaushalya.co.in Website: https://www.kaushalya.co.in/ |
Kaushalya Logistics IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: compliances@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Kaushalya Logistics IPO Lead Manager(s)
| 1. Khandwala Securities Limited |
Kaushalya Logistics IPO FAQs
| What is Kaushalya Logistics IPO? Kaushalya Logistics IPO is a SME IPO. The issue is priced at ₹71 – ₹75 per equity share. The IPO is to be listed on NSE SME. |
| When Kaushalya Logistics IPO will open? The IPO is to open on 29 December 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Kaushalya Logistics IPO? You can apply Kaushalya Logistics IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Kaushalya Logistics IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kaushalya Logistics”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Kaushalya Logistics IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kaushalya Logistics”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Kaushalya Logistics IPO Size? Kaushalya Logistics IPO size is ₹36.60 crores. |
| What is Kaushalya Logistics IPO Price Band? Kaushalya Logistics IPO Price Band is ₹71 – ₹75. |
| What is Kaushalya Logistics IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,20,000 amount while the maximum bid is 1600 shares with ₹1,20,000. |
| What is the Kaushalya Logistics IPO Allotment Date? Kaushalya Logistics IPO allotment date is 04 January 2023. |
| What is the Kaushalya Logistics IPO Listing Date? Kaushalya Logistics IPO listing date is 08 January 2023. The IPO is to list on NSE SME. |
