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Destiny Logistics & Infra Limited IPO

Destiny Logistics & Infra Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
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Subscription:
Listed Price: ₹ 20.70 (+3.50%)

Destiny Logistics & Infra Limited's achieved publicly listed status following its IPO debut on 13-10-2021 at the NSE platform. The offering successfully mobilized 26,94,000 Shares, with TBD allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹20 to ₹20, starting from minimum lots of 6000 shares. The subscription window from 30-09-2021 through 05-10-2021 enabled investor participation across market segments.

Share allocation was completed on 08-10-2021, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Destiny Logistics IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Destiny Logistics IPO Key Performance Indicator
Company Financials ( In Lakhs )

Destiny Logistics IPO About Company

Incorporated in 2011, Destiny Logistics and Infra Limited provides end-to-end logistics services, including packaging, loading, transportation, unloading, and unpacking, primarily through third-party service providers, with operations focused in West Bengal. The company has also diversified into infrastructure development and is executing a Storm Water Drainage Scheme Project in West Bengal with a total contract value of Rs. 58.27 crores.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Destiny Logistics IPO Strength Factors

  1. Offers a complete range of transport services and has also expanded into infrastructure projects
  2. Runs with a clear and organized structure
  3. Backed by experienced leadership and efficient day-to-day operations

Destiny Logistics IPO Risk Factors

NA


Destiny Logistics IPO Lead Manager(s)

  • Finshore Management Services Limited

Destiny Logistics IPO Promoter(s)

  1. Mr. Jugal Kishore Bhagat
  2. Mrs. Rekha Bhagat

Destiny Logistics IPO Company Details

Destiny Logistics & Infra Limited
Phone:
address:

Destiny Logistics IPO Registrar

Cameo Corporate Services Limited
Name:
Phone:

Destiny Logistics IPO FAQs