Destiny Logistics & Infra Limited IPO
NSE SMEListed On: Oct 13, 2021 at ₹ 20.70
₹ 240000 /12000 Shares
*Min Investment
30 Sep, 2021
Open Date05 Oct, 2021
Close Date08 Oct, 2021
Allotment Date13 Oct, 2021
Listing DateIPO Issue Details
- Issue Price ₹20 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr)
- Listing at NSE SME
- List Price 20.70
- Listing Date 2021-10-13
- Lead Manager Finshore Management Services Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Destiny Logistics & Infra Limited IPO is an SME IPO, priced at ₹20 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 30, 2021 to Oct 5, 2021. The allotment is expected to be finalized on Oct 8, 2021, and the tentative listing date is Oct 13, 2021.
The registrar of the IPO is Cameo Corporate Services Limited, and
IPO Subscription Analysis And Details
| 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 |
Valuations
Company Financials
| 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 |
About Company
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.
- Promoter(s)
Mr. Jugal Kishore Bhagat
Mrs. Rekha Bhagat
Pre Issue Share Holding : 99.72%
Post Issue Share Holding : 64.79%
IPO - Issue Objectives
Meet working capital requirements.
To meet issue expenditures.
Meet general corporate purposes.
IPO - FAQs
Ans. Destiny Logistics & Infra Limited IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Sep 30, 2021, and closes on Oct 5, 2021. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Destiny Logistics & Infra Limited IPO opens on Sep 30, 2021 and closes on Oct 5, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Destiny Logistics & Infra Limited IPO is 2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr).
Ans. The Destiny Logistics & Infra Limited IPO price band is set between ₹20 per equity share.
Ans. To apply for Destiny Logistics & Infra Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Destiny Logistics & Infra Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Destiny Logistics & Infra Limited IPO is Oct 8, 2021.
Ans. The Destiny Logistics & Infra Limited IPO will be listed on Oct 13, 2021.
Ans. Follow the steps to check the Destiny Logistics & Infra Limited IPO allotment status online.
