Destiny Logistics & Infra Limited IPO

Destiny Logistics & Infra Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹20 per share. The stock debuted at ₹20.7, delivering a listing gain of 3.5%. The IPO had a lot size of ₹6000 shares and a minimum investment of ₹1,20,000.

Destiny Logistics & Infra Limited IPO

NSE SME Listed
₹1,20,000 (6000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 30, 2021 – Oct 5, 2021
Price band
₹20 per equity share
Minimum Investment
₹1,20,000
Issue size
2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr)
Lot size
6000
Allotment Date
Oct 8, 2021
Listing
Oct 13, 2021
Listing At
NSE SME

IPO timeline

  1. Sep 30, 2021

    Open Date

    Completed

  2. Oct 5, 2021

    Close Date

    Completed

  3. Oct 8, 2021

    Allotment Date

    Completed

  4. Oct 13, 2021

    Listing Date

    Completed

Destiny Logistics & Infra Limited IPO Essentials

Destiny Logistics & Infra Limited IPO Details

Destiny Logistics & Infra Limited IPO is priced at ₹20 per share with a total issue size of 2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr). The IPO has a lot size of 6000 shares and is listed on NSE SME.

Issue price
₹20 per equity share
Lot size
6000 shares
Face value
₹10 Per Equity Share 
Issue size
2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr)
Listing at
NSE SME
List price
20.70
Listing date
Registrar
Cameo Corporate Services Limited
Lead manager
Finshore Management Services Limited

Destiny Logistics & Infra Limited IPO Details

  • Retail Portion N/A

Destiny Logistics & Infra Limited IPO Documents

Destiny Logistics & Infra Limited IPO Analytics

Destiny Logistics & Infra Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Destiny Logistics & Infra Limited IPO Subscription Status

Destiny Logistics & Infra Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 12,78,000 12,78,000 25,56,000
Day 1 30-09-21 06:00 PM
(2.00) x 0.24 x 1.12 x
Day 2 01-10-21 06:00 PM
(2.06) x 2.50 x 2.28 x
Day 3 04-10-21 06:00 PM
(2.06) x 4.51 x 3.29 x
Day 4 05-10-21 06:00 PM
(2.13) x 7.43 x 4.78 x

Destiny Logistics & Infra Limited Valuations

Earnings

EPS (Post IPO)
₹0.39/-
P/E Ratio
50.74

Returns

RoNW
30.25%

Data sourced from DRHP / RHP • For educational purposes only

Destiny Logistics & Infra Limited Financials( In Crs.)

31-Mar-21 31-Mar-20 31-Mar-19
Assets 6.60 1.80 1,79
Revenue 10.05 6.74 6.72
Profit After Tax 0.30 0.05 0.04

Destiny Logistics & Infra Limited Company & Offer Insights

About Destiny Logistics & Infra Limited

Incorporated in 2011, Destiny Logistics and Infra Limited provide logistics services i.e. land-based transportation via 3rd party service providers. It offers a wide range of services i.e. packaging, loading, transportation, unloading, and unpacking of items to offer end-to-end solutions. The company's operations are concentrated in the domestic market, more particularly, in the state of West Bengal.
The business has further diversified into the infrastructure development activity and started the Construction of Storm Water Drainage Scheme Project in West Bengal. The total contract value awarded is Rs. 58.27 crores.

Destiny Logistics & Infra Limited Promoter(s)

Mr. Jugal Kishore Bhagat, Mrs. Rekha Bhagat are the company's promoters of Destiny Logistics & Infra Limited.

Destiny Logistics & Infra Limited IPO Issue Objectives

Meet working capital requirements.
To meet issue expenditures.
Meet general corporate purposes.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Destiny Logistics & Infra Limited IPO is a Fixed Priced IPO worth ₹2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr). The issue price is ₹20 per share (fixed price). The IPO opens on Sep 30, 2021 and closes on Oct 5, 2021. It will be listed on NSE SME Platform. Cameo Corporate Services Limited is the registrar.

The issue price of Destiny Logistics & Infra Limited IPO is ₹20 per share (fixed price).

The lot size of Destiny Logistics & Infra Limited IPO is 6000 shares.

The minimum investment for Destiny Logistics & Infra Limited IPO is approximately ₹1,20,000 based on the issue price .

Destiny Logistics & Infra Limited IPO opens on Sep 30, 2021 and closes on Oct 5, 2021.

The allotment date of Destiny Logistics & Infra Limited IPO is Oct 8, 2021.

Destiny Logistics & Infra Limited IPO is expected to be listed on Oct 13, 2021, on NSE SME Platform.

Destiny Logistics & Infra Limited IPO valuation snapshot: P/E 50.74, EPS ₹0.39/-, P/B N/A, RoNW 30.25%, and market cap N/A.

To apply for Destiny Logistics & Infra Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Destiny Logistics & Infra Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Destiny Logistics & Infra Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Destiny Logistics & Infra Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Destiny Logistics & Infra Limited IPO allotment status on IPO Ji for quick and easy access.