Destiny Logistics & Infra Limited
IPO Details
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Destiny Logistics & Infra Limited's achieved publicly listed status following its IPO debut on Oct 13, 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 Sep 30, 2021 through Oct 05, 2021 enabled investor participation across market segments.
Share allocation was completed on Oct 08, 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.
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.
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."
- Offers a complete range of transport services and has also expanded into infrastructure projects
- Runs with a clear and organized structure
- Backed by experienced leadership and efficient day-to-day operations
NA
- Mr. Jugal Kishore Bhagat
- Mrs. Rekha Bhagat
Destiny Logistics & Infra Limited
Cameo Corporate Services Limited