A new investment opportunity is available for Kaushalya Logistics. You can buy shares from December 29 to January 3, 2024.
The cost is between Rs 71 and Rs 75 per share. People are excited about it, and the shares are selling for a higher price in the gray market—around 47% more!
The total value of the company’s shares for the public is Rs 36.60 crore. The expected listing price is about Rs 110 per share.
If you invest in the IPO, you might make a profit of around 47% when the shares start trading on January 8.
If you’re a regular investor, you can buy up to 1600 shares. One set of 1600 shares costs Rs 120,000.
Kaushalya Logistics started in August 2007, offering services to a big cement company and selling electronics and home appliances online.
Before the IPO, the founders owned 99.99% of the company, but after the IPO, they will own 72.98%.
