Destiny Logistics & Infra IPO will be Open Date is 30 September 2021 and close on 5 October 2021. The company has fixed the price of this IPO at ₹20 according to the face value of ₹10. The company will raise ₹5.39 Crores through this IPO under the 26,94,000 Equity Shares public issue. And the offer is a 100% Fixed Price Issue.
Destiny Logistic & Infra Ltd. (Formerly Destiny Logistic Limited) is founded in 2011 by a team of young, energetic & self-motivated persons with extensive experience in Transportation & Logistic Solutions & this Dynamic team with their deep understanding of the business and experience with strong commitment is leveraging the tremendous opportunity in the private & Govt. sectors dominated by unorganized and fragmented players. While the target customers are Reputed Govt. Organization & Corporates. Destiny Logistic & Infra Ltd.’s focus is on reputed Govt. Organization & Corporates.
| Read also: Upcoming IPO List 2021 |
Destiny Logistic & Infra Ltd.’s focus is on offering end-to-end Supply Chain Management and Corporate People Movement management-related professional service. We have a pool of young, dynamic & highly motivated teams with a focus on operating models that integrate functions of customers, suppliers, and end-users,. Our portfolio reflects our commitment, skill, passion & excellent service. Destiny Logistic Ltd has incorporated outsourcing work, supply chain consulting.
Destiny Logistics & Infra IPO Review :
■ Apply Long Term Or Avoid
Destiny Logistics & Infra IPO Date & Price Band & Details :
| Issue Offer : | Fixed-Price Issue |
| IPO Open : | 30 September 2021 |
| IPO Close : | 5 October 2021 |
| IPO Size : | ₹5.39. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹20 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹5.39Cr |
| Fresh Issue : | ₹5.39. Cr |
| Offer For Sale : | ₹0. Cr |
Destiny Logistics & Infra IPO Market Lot :
Destiny Logistics & Infra IPO Minimum Market lot is 1 Lot with 6000 shares with ₹120,000 Application amount. The retail investors can apply up to 1 lot with 6000 Shares or ₹120,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 6000 |
| Minimum Amount : | ₹120,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 6000 |
| Maximum Amount : | ₹120,000 |
Destiny Logistics & Infra IPO Shares Offer :
A total of 26,94,000 shares are to be bid for the public issue by Destiny Logistics & Infra IPO with 26,94,000 for Fresh issue and – for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 26,94,000 | ₹5.39 Cr |
| Offer For Sale : | – | ₹0 |
| Total : | 26,94,000 Eq Shares | ₹5.39 Cr |
Destiny Logistics & Infra IPO Reservation :
Destiny Logistics & Infra IPO Total Reservation of 26,94,000 shares are to be bid for the public issue by Destiny Logistics & Infra IPO with – for QIB and 12,78,000 for NII 12,78,000 For RII & 127,000 Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹5.39 |
| NII : | 50% | 12,78,000 | ₹2.55 Cr |
| RII : | 50% | 12,78,000 | ₹2.55 Cr |
| MMRP : | – % | 127,000 | ₹27.60 L |
| Total : | 100% | 26,94,000 | ₹5.39 Cr |
Destiny Logistics & Infra IPO Dates :
Destiny Logistics & Infra IPO Date is 30 September 2021 and closes on 5 October 2021. The allotment will be finalized on 8 October 2021 and the IPO may list on 13 October 2021.
| Issue Open Date : | 30 September 2021 |
| Issue Close Date : | 5 October 2021 |
| Allotment Date : | 8 October 2021 |
| Refund Date : | 11 October 2021 |
| Share Credit Date : | 12 October 2021 |
| Listing Date : | 13 October 2021 |
Destiny Logistics & Infra IPO Form :
There are two ways to apply in Destiny Logistics & Infra IPO. You can apply for Destiny Logistics & Infra IPO through ASBA available in your bank account. You have to go to your online bank login and select Destiny Logistics & Infra IPO in the Invest section and apply through your bank account. Another option is you can apply Destiny Logistics & Infra IPO through IPO form download through NSE and BSE. See the Destiny Logistics & Infra IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Destiny Logistics & Infra Company Financial Report (Lakh) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹1005.79 | ₹949.85 | ₹30.30 |
| 2020 | ₹674.97 | ₹657.90 | ₹5.11 |
| 2019 | ₹672.97 | ₹656.40 | ₹4.78 |
About Destiny Logistics & Infra Company
Our company is founded and promoted by Mr. Jugal Kishore Bhagat and Mrs. Rekha Bhagat and since then our Company is in the business of Logistics involving land-based transportation through a third-party service provider. Presently our services are mainly in the domestic market, more specifically in the state of West Bengal. We procure third-party fleets both contractually and in the spot market.
We offer our customers, transport management services and arrange for third-party operators to handle freight-related services. We provide a complete range of services like packaging, loading, transportation, unloading, and unpacking items to facilitate our customers with end-to-end solutions. This asset-light business model allows for the scalability of services as well as the flexibility to develop and offer customized logistic solutions across diverse sectors. We provide end-to-end safe mobility and delivery of items. Our company has also diversified into infrastructure development activity as a new addition in our line of business activity.
| Read also: All SME IPO List 2021 |
Our Company presently is in the business of Logistics involving land-based transportation. The vehicles are mostly procured from third-party service providers. Our Company acts as an aggregator for providing Logistics services which mainly includes transportation and other allied services to facilitate the client like providing Loading, unloading, packing and unpacking of items.
Our services are mainly in the domestic market, more specifically in the state of West Bengal. This asset-light business model allows for the scalability of services as well as the flexibility to develop and offer customized logistic solutions across diverse sectors. We provide end-to-end safe mobility and delivery of items.
| Read also:- Share Buyback List 2021 |
Company Strengths
- Organizational stability along with management expertise
- Smooth flow of operations
- Well-defined organizational structure
- Comprehensive solution for transportation requirement
| Read also:- Rights issue 2021 |
Company Promoters :
■ Mrs. Rekha Bhagat
Destiny Logistics & Infra Board of Directors
| Name | Designation |
| Mrs. Rekha Bhagat | Managing Director |
| Mr. Mithilesh Kumar Jha | Executive Director |
| Mr. Jugal Kishore Bhagat | Non-Executive Director |
| Mr. Shir Sagar Pandey | Independent Director |
| Ms. Sweta Chaurasia | Independent Director |
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Destiny Logistics & Infra IPO Lead Managers :
■ FINSHORE MANAGEMENT SERVICES LIMITED
Destiny Logistics & Infra IPO Registrar :
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Telephone: +91-44-40020700, 28460390
Facsimile: +91-44-28460129
Email: [email protected]
Contact Person: Mr. R.D. Ramasamy, Director
Website: www.cameoindia.com
Note: Check Destiny Logistics & Infra IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Destiny Logistics & Infra Limited
(Erstwhile known as Destiny Logistic Limited)
375, Dakshindari Road, Kolkata – 700048
Contact No: 033-40087463
Contact Person: Mr. Mustafa Rangwala
Email ID: [email protected]
Website: www.destinyinfra.in
Destiny Logistics & Infra IPO FAQs :
What is Destiny Logistics & Infra IPO?
Destiny Logistics & Infra IPO is SME IPO. They are going to raise ₹5.39. Crores via IPO. The issue is priced at ₹20 per equity share. The IPO is to be listed on NSE, SME.
When Destiny Logistics & Infra IPO will open?
The IPO is to open on 30 Sep – 5 Oct 2021 for QIB, NII & RII.
What is Destiny Logistics & Infra IPO Size?
Destiny Logistics & Infra IPO size is ₹5.39 Crores.
What is the Fresh issue size of Destiny Logistics & Infra IPO?
The Fresh issue size of Destiny Logistics & Infra IPO ₹5.39 Cr.
What is the Offer For Sale size of Destiny Logistics & Infra IPO?
The Offer For Sale size of Destiny Logistics & Infra IPO ₹0 Cr.
What is Destiny Logistics & Infra IPO Price Band?
Destiny Logistics & Infra IPO Price Band is ₹20 Per share.
What is Destiny Logistics & Infra IPO Minimum and Maximum Lot Size?
The minimum bid is 6000 Shares with ₹120,000 amount while the maximum bid is 6000 shares with ₹120,000.
What is Destiny Logistics & Infra IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Destiny Logistics & Infra IPO Allotment Date?
Destiny Logistics & Infra IPO allotment date is 8 October 2021.
What is Destiny Logistics & Infra IPO Listing Date?
Destiny Logistics & Infra IPO listing date is 13 October 2021. The IPO to list on NSE, SME.
How to Apply the Destiny Logistics & Infra IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Destiny Logistics & Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Destiny Logistics & Infra IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Destiny Logistics & Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Destiny Logistics & Infra IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Destiny Logistics & Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Destiny Logistics & Infra IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Destiny Logistics & Infra IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Destiny Logistics & Infra GMP: Click Here Destiny Logistics & Infra Subscription: Click Here Destiny Logistics & Infra Allotment: Click Here Destiny Logistics & Infra Listing: Click Here |
All Destiny Logistics & Infra IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.