Kaushalya Logistics Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,316,800 (47%) | — | ₹1,738 Cr |
| NII (HNI) | — | 696,000 (14%) | — | ₹522 Cr |
| Retail | — | 1,622,400 (33%) | — | ₹1,217 Cr |
| Market Maker | — | 244,800 (5%) | — | ₹18 Cr |
| Σ Total | — | 4,880,000 (100%) | — | ₹36,600 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 57,053 | 63,216 | 6,359 |
| Profit After Tax | 215 | 706 | 377 |
| Net Worth | 2,148 | 1,934 | 1,227 |
| Total Assets | 16,842 | 14,070 | 6,494 |
| Reserves & Surplus | 2,133 | 1,919 | 1,212 |
| Total Borrowing | 5,489 | 3,213 | 2,477 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment of Unsecured Loan –
- Funding of working capital requirements of the company; –
- General Corporate Purposes. –
Company Overview
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.