
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
+61.3%
Est. Listing
₹121
at current GMP
Subscribed
391.19x
overall
Open
29 Dec 2023
Close
3 Jan 2024
Allotment
4 Jan 2024
Refund
5 Jan 2024
Demat Credit
6 Jan 2024
Listing
8 Jan 2024
Overall Subscription
391.19x
Total Demand
QIB Multiplier
92.62x
Institutions & Funds
NII / HNI
848.23x
High Net-Worth
Retail (RII)
375.91x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 982,400 | 90,992,000 | 92.62x |
| NIB | 696,000 | 590,369,600 | 848.23x |
| RETAIL | 1,622,400 | 609,872,000 | 375.91x |
| Total | 3,300,800 | 1,291,233,600 | 391.19x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,068 | 401,472 | 375.91x |
| HNIs (10L +) | 7 | 5,938 | 848.23x |
| HNIs (2-10L) | 33 | 27,992 | 848.23x |
| Total Applications | 1,108 | 435,402 | 392.96x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Kaushalya Logistics Limited IPO is ₹46 per equity share. Based on the upper price band of ₹71 to ₹75 per equity share, the estimated listing price is ₹121 (+61.3% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹46, the expected profit per application lot is approx ₹73,600 (+61.3% gain). Minimum application cost is approx ₹1,20,000.
The Kaushalya Logistics Limited IPO aggregate issue size is ₹36.6 Crores with an equity price band set at ₹71 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 391.19x (Retail: 375.91x, QIB: 92.62x, NII: 848.23x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Ltd) and the BSE status verification website on or around 2024-01-04. Investors can verify status using PAN card or application number.
Kaushalya Logistics Limited shares are scheduled to list on NSE on 2024-01-08.