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IPO Synopsis IPO   > IPO Synopsis
As on : Nov 28,2021 05:28 AM
Destiny Logistics & Infra Ltd
Registered Office: 375 Dakshindari Road,, Kolkata - 700048, West Bengal, India.
Phone : 91-033-40087463   Fax:
Email :    
Website :  
Initial Public Offer of 26,94,000 equity shares of face value of Rs. 10/- each ("equity shares") of Destiny Logistics & Infra Limited (The "Company" or The "Issuer") for cash at a price of Rs. 20/- per equity share, including a share premium of Rs. 10/- per equity share (The "Issue Price"), aggregating to Rs. 5.39 crores ("The Issue"), of which 1,38,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 20/- per equity share, aggregating to Rs. 0.28 crores will be reserved for subscriptions by the market maker to the issue (The "Market Maker Reservation Portion"). the issue less market maker reservation portion i.e. issue of 25,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 20/- per equity share, aggregating to Rs. 5.11 crores is here in after referred to as the "Net issue". The issue and the net issue will constitute 35.01% and 33.22% respectively of the post issue paidup equity share capital of the company. The Face value of the equity share is Rs. 10/- each.
Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-21 05-Oct-21 (Rs) 20.00 (Rs) 0.00
Minimum Application for shares in Nos : 6000   Further Multiples of : 6000
  Lead Managers to the Issue
Project Cost (Rs.Cr) 5.00 Finshore Management Sevices Ltd
Project Financed through Current Offer (Rs.Cr) 5.39  
Post Issue Equity Share Capital (Rs.Cr) 7.69  
Issue Price (Rs) 20.00  
Projects
To meet the working capital requirements of the compay General Corporate Purpose
Promoted By
Jugal Kishore Bhagat
Rekha Bhagat
Listing At
NSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd