Destiny Logistics & Infra Limited IPO

NSE SME

Listed On: Oct 13, 2021 at ₹ 20.70

₹ 120000 /6000 Shares

Check Allotment

IPO Details

30 Sep, 2021

Open Date

05 Oct, 2021

Close Date

08 Oct, 2021

Allotment Date

13 Oct, 2021

Listing Date

Issue Price

₹20 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

20.70

Listing Date

2021-10-13

Market Lot

6000 Shares (₹120,000/-)

Lead Manager

Finshore Management Services Limited

Issue Size

2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr)

Retail Portion

N/A

Subscription

4.78 times

IPO Docs

IPO Subscription 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

Earnings Per Share (EPS)

₹0.39/-

P/E Ratio

50.74

RoNW

30.25%

Net Asset Value (NAV) - Post Issue

₹20/-

Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: 99.72%

Post Issue Share Holding: 64.79%

Company Promoter(s)

Mr. Jugal Kishore Bhagat
Mrs. Rekha Bhagat

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. The size of Destiny Logistics & Infra Limited IPO is 2,694,000 Eq Shares of ₹10(aggregating up to ₹5.39 Cr).

Ans. The IPO price band is set between ₹20 per equity share.

Ans. To apply for Destiny Logistics & Infra Limited IPO 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 allotment status for Destiny Logistics & Infra Limited IPO here.