About Kaushalya Logistics Limited
Kaushalya Logistics Limited is launching its IPO. The IPO opens for subscription on 29th December 2023 and will close on 3rd January 2024.
Disclaimer: This stock will trade with a lot size of 1600 shares in the SME segment on listing.
What does Kaushalya Logistics Limited do?
Founded in 2007, Kaushalya Logistics Limited is an integrated Logistics and Clearing and Forwarding (C&F) services provider.
At present the Company operates in three major verticals, one of which vertical is providing logistic support for handling and dealing in the cement for dealers and customers of Dalmia Cement Bharat Limited. The other vertical is the retail /e-commerce business wherein they are sellers of Electronics and White Goods items such as Televisions, Refrigerators, Washing Machines, etc. on a major online e-commerce platform, covering locations all across India with registration under GST in 17 Locations. They have also ventured out into the commercial real estate sector by owning and renting out commercial shops in Udaipur, which constitutes the third vertical of their business operations.
The Company operates in Tamil Nadu, Kerala, Karnataka, Bihar, and Rajasthan, with the head office in New Delhi and a Regional Office in Chennai.
Schedule of Kaushalya Logistics Limited IPO
| Issue Period | 29th December to 3rd January 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | January 04, 2024 |
| Initiation of Refunds | January 05, 2024 |
| Credit of Shares | January 05, 2024 |
| Date of Listing | January 08, 2024 |
| Mandate end date | January 18, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | February 04, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | April 04, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Kay Cee Kaushalya Logistics Limited IPO?
You can apply for the Kaushalya Logistics Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Kaushalya Logistics Limited IPO?
You can check the allotment status for the Kaushalya Logistics Limited IPO on the website of the Registrar and Transfer agent.