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Open
30 Sep to 5 Oct, 2021
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Close
30 Sep to 5 Oct, 2021
3
Allotment
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Listing
Wed, Oct 13, 2021
Price Band
₹20 per share
Issue Size
26,94,000 shares (agg. up to ₹5 Cr)
Lot Size
6,000 Shares
Listing Date
Wed, Oct 13, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.81x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 6.61 | 1.80 | 1.80 |
| Total Income | 10.06 | 6.75 | 6.73 |
| Profit After Tax | 0.30 | 0.05 | 0.05 |
| EBITDA | 0.44 | 0.07 | 0.06 |
| NET Worth | 1.00 | 0.70 | 0.65 |
| Reserves and Surplus | 2.20 | 1.16 | 0.00 |
| Total Borrowing | 3.75 | 0.90 | 0.91 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Promax Power Ltd. | SME | ₹1.60 Cr | ₹10 | null | ₹11.55 | +15.50% | ₹12.20 (+0.00%) |
| Markolines Traffic Controls Ltd. | SME | ₹40.00 Cr | ₹78 | null | ₹65.30 | -16.28% | ₹173.09 (+3.12%) |
| Abhishek Integrations Ltd. | SME | ₹4.95 Cr | ₹50 | null | ₹38.00 | -24.00% | ₹36.10 (-5.00%) |
| G R Infraprojects Ltd. | Mainboard | ₹962.37 Cr | ₹837 | null | ₹1,747.10 | +108.73% | ₹900.55 (+0.18%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital requirement | 4.40 |
| 2 | General Corporate Expenses | 0.60 |
| 3 | Public Issue Expenses | 0.39 |
About Destiny Logistics IPO
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. Competitive Strengths A comprehensive range of transportation services and diversification in infrastructure development. Well-defined organizational structure. Managerial expertise and smooth operational flow. + Read More
Contact Details
Destiny Logistics & Infra Ltd. Address375, Dakshindari RoadKolkata, West Bengal, 700048033-40087463cs@destinyinfra.inVisit Website