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Kaushalya Logistics Limited IPO

Kaushalya Logistics Limited was a SME IPO in the E-Retail/ E-Commerce sector, offered at ₹71–₹75 per share to raise ₹25 crore. It listed on 8 Jan 2024 at ₹100 and closed its first day at ₹105, a listing gain of +40.0% versus the ₹75 issue price. It now trades around ₹39 (-48.4% versus the issue price).

Frequently asked questions

What were the Kaushalya Logistics Limited IPO listing gains?
Kaushalya Logistics Limited listed on 8 Jan 2024 at ₹100, closing its first day at ₹105 — a listing gain of +40.0% versus the ₹75 issue price.
What was the price band and lot size of the Kaushalya Logistics Limited IPO?
The price band was ₹71–₹75 per share, with a minimum lot of 1,600 shares (₹1,20,000 at the upper band).
Who were the registrar and lead manager for the Kaushalya Logistics Limited IPO?
Skyline Financial Services Private Limited was the registrar, and Khandwala Securities was the book-running lead manager.