Open Date
29 Dec 23
03 Jan 23
1600 shares
₹36.60 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹71 to ₹75
Close Date
Allotment Date
04 Jan 24
08 Jan 24
Incorporated in 2007, Kaushalya Logistics Limited was initially involved in the construction business. Later in 2010, it expanded into the logistics business providing services to cement players in India. From 4 warehouses to 70 warehouses, the company has progressed over the years. Currently, the 70 warehouses managed by Kaushalya Logistics belong to Dalmia Cement Bharat Limited and are based in Bihar, Tamil Nadu, Kerala, etc. In 2011, the company came under the wings of Poddar Group. The company operates as a Clearing and Forwarding agent for cement companies like Dalmia Cement.
Kaushalya Logistics Limited plans to utilize the raised capital from the IPO to: ● To fund the working capital requirements. ● To pay off unsecured loans. ● General corporate purposes.
The book-running lead managers to the offer are: Khandwala Securities Ltd
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