Destiny Logistics & Infra Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Sep 2021

Close Date

05 Oct 2021

Allotment

08 Oct 2021

Listing Date

13 Oct 2021

Exchange

NSE SME

Price Band

₹20

Listing Price

See chart

Allotment Status

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Price Band

₹20

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

26,94,000 shares (aggregating up to ₹5.39 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

50,00,000 shares

Promoters

Post-IPO Holding

76,94,000 shares

Promoters

UPI Deadline

2021-10-05

Mandate

Anchor AllotmentWed, 29 Sep 2021

Basis of AllotmentFri, 08 Oct 2021

Refund InitiationMon, 11 Oct 2021

Demat CreditTue, 12 Oct 2021

Listing DayWed, 13 Oct 2021

UPI Mandate Deadline2021-10-05

Sale TypeFresh Capital

Net Offer to Public25,56,000 shares (aggregating up to ₹5.11 Cr)

Market Maker Quota1,38,000 shares (aggregating up to ₹0.2760 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Destiny Logistics & Infra Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	138,000	—	₹0.28
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,694,000	100%	₹5.39

IPO Shares Offered

Destiny Logistics & Infra Ltd. IPO total issue size: ₹5.39 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	138,000	₹0.28	5.12%
Total	2,694,000	₹5.39	100.00%

* Based on upper price band ₹20 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹20.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹240,000
Retail (Max — 13 Lots)	13	78,000	₹1,560,000
S-HNI (Min — 14 Lots)	14	84,000	₹1,680,000
B-HNI (Min — 68 Lots)	68	408,000	₹8,160,000

* Issue Price ₹20 × Lot Size 6,000 shares

IPO Schedule

Anchor

29 Sep 2021

✓ Done

IPO Open

30 Sep 2021

✓ Done

IPO Close

05 Oct 2021

✓ Done

Allotment

08 Oct 2021

✓ Done

Refunds

11 Oct 2021

✓ Done

Demat Credit

12 Oct 2021

✓ Done

Listing Day

13 Oct 2021

✓ Done

₹20.00

INR · NSE

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Issue ₹20.00 Live Price

About Destiny Logistics & Infra Ltd.

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

Objects of the Issue

1 To meet Working Capital requirement

2 General Corporate Expenses

3 Public Issue Expenses

Destiny Logistics & Infra Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹673.0

31-Mar-19

₹675.0

31-Mar-20

₹1,005.8

31-Mar-21

Profit After Tax (PAT)

₹4.8

31-Mar-19

₹5.1

31-Mar-20

₹30.3

31-Mar-21

Particulars	31-Mar-21	31-Mar-20	31-Mar-19
Revenue from Operations	1005.79	674.97	672.97
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	30.30	5.11	4.78
Net Worth	N/A	N/A	N/A
Total Assets	660.77	180.11	179.83
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered26,94,000 (100.00%)

Net Offer to Public25,56,000 shares (aggregating up to ₹5.11 Cr)

Reserved for Market Maker1,38,000 shares (aggregating up to ₹0.2760 Cr)

Pre-Issue Promoter Holding50,00,000 shares

Post-Issue Promoter Holding76,94,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Cameo Corporate Services Ltd.

+91-44-28460390

investor@cameoindia.com

https://ipo.cameoindia.com/

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Book Running Lead Managers

Finshore Management Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Destiny Logistics & Infra Ltd. IPO subscribed? ▲

Destiny Logistics & Infra Ltd. IPO is subscribed 1.00 times by Oct 05, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Destiny Logistics & Infra Ltd. IPO retail subscription status? ▼

The Destiny Logistics & Infra Ltd. IPO retail category is subscribed 1.00 times as of 05 Oct 2021. The retail portion is oversubscribed.

How to subscribe Destiny Logistics & Infra Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2021 and closes 05 Oct 2021. Min investment: ₹120,000 (1 lot = 6,000 shares). UPI mandate: 2021-10-05.

How many times Destiny Logistics & Infra Ltd. IPO subscribed? ▼

The Destiny Logistics & Infra Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Destiny Logistics & Infra Ltd. IPO allotment? ▼

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Oct 2021. Refunds: on 11 Oct 2021.

When Destiny Logistics & Infra Ltd. IPO will be listed? ▼

The Destiny Logistics & Infra Ltd. IPO listing date is 13 Oct 2021, Wednesday. Listed on: NSE SME. Issue price: ₹20. Estimated listing: ₹20. GMP: NIL.

When Destiny Logistics & Infra Ltd. IPO close? ▼

The Destiny Logistics & Infra Ltd. IPO closes on 05 Oct 2021, Tuesday. UPI mandate: 2021-10-05. Allotment: 08 Oct 2021. Listing: 13 Oct 2021.

Quick Actions

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Live Price LIVE

Last Price₹20.00

Change—

Issue Price₹20.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹20

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹20

Subscribed1.00x

Open Date30 Sep 2021

Close Date05 Oct 2021

Allotment08 Oct 2021

Listing Date13 Oct 2021

ExchangeNSE SME

UPI Deadline2021-10-05