What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Kaushalya Logistics Limited IPO allotment date?

The basis of allotment for Kaushalya Logistics Limited IPO is scheduled to be finalized on 4 Jan 2024.

Where can I check Kaushalya Logistics Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private Ltd) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 5 Jan 2024.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kaushalya Logistics Limited

ListedSME

Emerging SME Services · NSE

Founded in August 2007, Kaushalya Logistics Limited provides clearing, forwarding, warehousing, and distribution services to a leading cement manufacturer in India. The company offers multimodal logistics solutions, including land transportation, pick-up, packing, invoicing, documentation, and door-to-door delivery. It also manages warehousing operations using customer-owned or rented facilities. Apart from logistics, Kaushalya distributes electronics and home appliances through an online platform, and in FY 2022-23, it diversified into commercial real estate leasing.

Price Band

₹71 – ₹75

Issue Size

₹36.60 Cr

Lot Size

1600 shares

GMP

₹46

+61.3%

Est. Listing

₹121

at current GMP

Subscribed

391.19x

overall

Open

29 Dec 2023

3 Jan 2024

Allotment

4 Jan 2024

Refund

5 Jan 2024

Demat Credit

6 Jan 2024

Listing

8 Jan 2024

Last updated 12 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Kaushalya Logistics Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Ltd

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

4 Jan 2024

Basis finalization

Refunds Initiate

5 Jan 2024

Mandate release

Demat Credit

6 Jan 2024

Shares in demat

Listing Debut

8 Jan 2024

Trading begins

About Kaushalya Logistics Limited Public Issue & Market Profile

Kaushalya Logistics Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹36.6 Crores. The shares are offered at a price band of ₹71 to ₹75 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-01-03, the basis of allotment is scheduled to be finalized on 2024-01-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Ltd) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.