Destiny Logistics & Infra Limited IPO (Destiny Logistics & Infra IPO)

Destiny Logistics & Infra IPO
Upcoming Destiny Logistics & Infra IPO | New Destiny Logistics & Infra IPO

Compiled in 2011, Destiny Logistics and Infra Limited offer asset management services which means the world-class transport services by third-party service providers. It offers a variety of services, namely installation, uploading, shipping, downloading, and unlocking items to provide end-to-end solutions. The company’s operations are focused on domestic markets, particularly in the West Bengal province.

The business has once again merged with infrastructure development projects and launched the “Storm Water Supply Scheme” Project in West Bengal. Total contract amount awarded Rs. 58.27 characters.

Destiny Logistics & Infra IPO

Competitive Strengths

  • A comprehensive range of transportation services and diversification in infrastructure development.
  • Well-defined organizational structure.
  • Managerial expertise and smooth operational flow.

Company Promoters

Mr. Jugal Kishore Bhagat and Mrs. Rekha Bhagat are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in Lakhs)
31-Mar-2131-Mar-2031-Mar-19
Total Assets660.77180.11179.83
Total Revenue1005.79674.97672.97
Profit After Tax30.305.114.78

Objects Of The Issue:

The net proceeds from the IPO will be utilized towards the following purposes;

  • Meet working capital requirements.
  • To meet issue expenditures.
  • Meet general corporate purposes.
Destiny Logistics & Infra IPO
Object Of The issue

Destiny Logistics & Infra IPO Details

IPO Opening DateSep 30, 2021
IPO Closing DateOct 05, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹20 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtNSE SME
Issue Size2,694,000 Eq Shares of ₹10
(aggregating up to ₹5.39 Cr)

Destiny Logistics & Infra IPO Tentative Timetable

IPO Open DateSep 30, 2021
IPO Close DateOct 05, 2021
Basis of Allotment DateOct 08, 2021
Initiation of RefundsOct 11, 2021
Credit of Shares to Demat AccountOct 12, 2021
IPO Listing DateOct 13, 2021

Destiny Logistics & Infra IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹120,000
Maximum16000₹120,000

Destiny Logistics & Infra IPO Promoter Holding

Pre Issue Share Holding99.72%
Post Issue Share Holding64.79%

Company Contact Information

Destiny Logistics & Infra Limited

375, Dakshindari Road,
Kolkata – 700 048

Phone: 033-40087463
Email: cs@destinyinfra.in
Websitehttp://www.destinyinfra.in/

Destiny Logistics & Infra IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Websitehttps://online.cameoindia.com/

Destiny Logistics & Infra IPO Lead Manager(s)

1. Finshore Management Services Limited

Destiny Logistics & Infra IPO FAQs

When Destiny Logistics & Infra IPO will open?

The Destiny Logistics & Infra IPO dates are 30 Sep 2021 To 05 Oct 2021.
What is the lot size of Destiny Logistics & Infra IPO?

Destiny Logistics & Infra IPO lot size and the minimum order quantity is 6000 Shares.
How to apply for Destiny Logistics & Infra IPO?

You can apply in Destiny Logistics & Infra IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Destiny Logistics & Infra IPO listing date?

The Destiny Logistics & Infra IPO listing date is announced. The date of Destiny Logistics & Infra IPO listing is [13 Oct 2021].