Destiny Logistics & Infra IPO Details

Destiny Logistics & Infra IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Subscription Status

Allotment Status

About Destiny Logistics & Infra

Destiny Logistics & Infra Limited is in the business of Logistics involving land-based transportation through third-party service providers. Presently the services are mainly in the domestic market, more specifically in the state of West Bengal. The company procures third-party fleets both contractually and in the spot market.

The company offer to the customers, transport management services and arrange for third party operator to handle freight-related services. The company also provides a complete range of services like packaging, loading, transportation, unloading and unpacking of items to facilitate our customers with end-to-end solutions. This asset light business model allows for scalability of services as well as flexibility to develop and offer customized logistic solutions across diverse sectors. Destiny Logistics & Infra provide end-to-end safe mobility and delivery of items. The company has also diversified into infrastructure development activity as a new addition in our line of business activity.

Important Details – Destiny Logistics & Infra

DateDetails
July, 28, 2011The company was originally incorporated as “Destiny Logistic Limited” Kolkata
September 07, 2021The name of the company changed to “Destiny Logistics & Infra Limited”

Objects of the Issue

  • To meet the working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purposes

Destiny Logistics & Infra Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 660.77 180.11 179.83
Total income 1,005.79 674.97 672.97
Profit After Tax 30.30 5.11 4.78

Destiny Logistics & Infra IPO Price – Details

DetailsDESTINY IPO Details
Public IssueInitial Public Offer of up to 26,94,000 Equity Shares of ₹ 10 (aggregating up to ₹ 538.80 lakhs)
Issue Open  Date30-Sep-21
Issue Close Date05-Oct-21
Issue TypeFixed Price
IPO Price Band₹ 20
Face Value ₹ 10
Market Lot 6000 Equity Shares and in multiples thereof
Minimum Order Quantity 6000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolDESTINY
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Destiny Logistics & Infra IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum16000₹ 1,20,000
Maximum16000₹ 1,20,000

Destiny Logistics & Infra IPO Lead Managers

  • Finshore Management Services Limited

Destiny Logistics & Infra Registrar

  • Cameo Corporate Services Limited

Company Peers – Comparison of Accounting Ratios

  • The company believe that none of the listed companies in India offer products or services across the various business segments in which the company operate. Hence a strict comparison is not possible

Destiny Logistics & Infra IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Sep-21
Bid / Offer Closes on05-Oct-21
Finalisation of Basis of Allotment08-Oct-21
Initiation of refunds 11-Oct-21
Credit of the Equity Shares12-Oct-21
Commencement of trading – Listing13-Oct-21

Company Registered Office

375, Dakshindari Road,
Kolkata – 700 048,
West Bengal, India
Website: www.destinyinfra.in

Company Promoters

  • Mr. Jugal Kishore Bhagat
  • Mrs. Rekha Bhagat

Destiny Logistics & Infra IPO – FAQS

What is the Destiny Logistics & Infra IPO Price?

The Destiny Logistics & Infra IPO price band is 20 per share

When Destiny Logistics & Infra IPO will open?

The Destiny Logistics & Infra IPO opens on Sep 30, 2021 and closes on Oct 05, 2021

What is the lot size of Destiny Logistics & Infra IPO?

The Destiny Logistics & Infra IPO lot size is 6000 Equity Shares and the minimum order quantity is 6000 Equity Shares

Who is the Registrar for Destiny Logistics & Infra IPO?

The Registrar for Destiny Logistics & Infra IPO is Cameo Corporate Services Limited

How to apply in Destiny Logistics & Infra IPO through UPI?

Check the step by step process here – Click here

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