Kaushalya Logistics Ltd - IPO

Kaushalya Logistics Ltd IPO Details

Initial public offer of upto 48,80,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Kaushalya Logistics Limited (The Company or The Issuer) at an offer price of Rs. 75 per equity share for cash, aggregating up to Rs. 36.60 crores (Public Offer) comprising of a fresh issue of 33,80,000 equity shares aggregating to Rs. 25.35 crores (the Fresh Issue) and an offer for sale of 15,00,000 equity shares by the selling shareholders (Offer for Sale) aggregating to Rs. 11.25 crores out of which 2,44,800 equity shares of face value of Rs. 10 each, at an offer price of Rs. 75 per equity share for cash, aggregating Rs. 1.84 crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. offer of upto 46,35,200 equity shares of face value of Rs. 10 each, at an offer price of Rs. 75 per equity share for cash, aggregating upto Rs. 34.76 crores is here in after referred to as the Net Offer. The public offer and net offer will constitute 26.34% and 25.01% respectively of the post-offer paid-up equity share capital of the company.

Objective of issue

Repayment of unsecured loan. Funding of working capital requirements of the company. General corporate purposes.

Kaushalya Logistics Ltd Contact Details

Kaushalya Logistics Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - info@kaushalya.co.in

Website - www.kaushalya.co.in