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Destiny Logistics & Infra IPO vs Jainam Ferro Alloys IPO

Comparision between Destiny Logistics & Infra IPO and Jainam Ferro Alloys IPO.

IPO Details

Destiny Logistics & Infra IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Jainam Ferro Alloys IPO is a SME Fixed Price Issue proposed to list at NSE SME.

  Destiny Logistics & Infra IPO Jainam Ferro Alloys IPO
Logo Destiny Logistics & Infra IPO Logo Jainam Ferro Alloys IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Fixed Price Issue Fixed Price Issue
Listing At NSE SME NSE SME
Lead Managers Finshore Management Services Limited Hem Securities Limited
Registrar Cameo Corporate Services Limited Bigshare Services Pvt Ltd
Market Maker
DRHP DRHP DRHP
RHP RHP RHP
Anchor Investor
IPO Allotment URL IPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Destiny Logistics & Infra IPO is up to ₹5.39 Cr whereas the issue size of the Jainam Ferro Alloys IPO is up to ₹19.61 Cr. The final issue price of Destiny Logistics & Infra IPO is ₹20.00 per share and of Jainam Ferro Alloys IPO is ₹70.00 per share.

  Destiny Logistics & Infra IPO Jainam Ferro Alloys IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final) ₹20.00 per share ₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 6000 shares 2000 shares
Fresh Issue Size 13,02,000 shares
Fresh Issue Size (Amount) up to ₹9.11 Cr
OFS Issue Size 15,00,000 shares
OFS Issue Size (Amount) up to ₹10.50 Cr
Issue Size Total 26,94,000 shares 28,02,000 shares
Issue Size Total (Amount) up to ₹5.39 Cr up to ₹19.61 Cr

IPO Timetable

Destiny Logistics & Infra IPO opens on Sep 30, 2021, while Jainam Ferro Alloys IPO opens on Sep 28, 2021. The closing date of Destiny Logistics & Infra IPO and Jainam Ferro Alloys IPO is Oct 05, 2021, and Sep 30, 2021, respectively.

  Destiny Logistics & Infra IPO Jainam Ferro Alloys IPO
Anchor Bid Date
Issue Open Sep 30, 2021 Sep 28, 2021
Issue Close Oct 05, 2021 Sep 30, 2021
Basis Of Allotment (Tentative) Oct 08, 2021 Oct 05, 2021
Initiation of Refunds (Tentative) Oct 11, 2021 Oct 06, 2021
Credit of Share (Tentative) Oct 12, 2021 Oct 07, 2021
Listing date (Tentative) Oct 13, 2021 Oct 08, 2021
Anchor Lockin End date 1 Nov 07, 2021 Nov 04, 2021
Anchor Lockin End date 2 Jan 06, 2022 Jan 03, 2022

Financials

Destiny Logistics & Infra IPO P/E ratio is , as compared to Jainam Ferro Alloys IPO P/E ratio of .

  Destiny Logistics & Infra IPO Jainam Ferro Alloys IPO
Financial
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 660.77 180.11 179.83
Total Revenue 1005.79 674.97 672.97
Profit After Tax 30.30 5.11 4.78
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 524.18 391.94 402.28
Total Revenue 1025.17 1223.36 1323.97
Profit After Tax 31.17 8.64 28.85
Promoter Shareholding (Pre-Issue) 99.72% 100%
Promoter Shareholding (Post-Issue) 64.79% 73.47%
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Destiny Logistics & Infra IPO retail investors (RII) are offered 12,78,000 shares while in Jainam Ferro Alloys IPO retail investors are offered 12,78,000 shares. Qualified institutional buyers (QIB) are offered in Destiny Logistics & Infra IPO and in Jainam Ferro Alloys IPO.

  Destiny Logistics & Infra IPO Jainam Ferro Alloys IPO
Anchor Investor Reserveration
Market Maker Reserveration 1,38,000 shares 1,50,000 shares
QIB
NII 12,78,000 shares 13,26,000 shares
RII 12,78,000 shares 13,26,000 shares
Employee
Others
Total 25,56,000 shares 26,52,000 shares

Bids Received (Subscription)

Destiny Logistics & Infra IPO subscribed 4.78x in total, whereas Jainam Ferro Alloys IPO subscribed 6.65x.

  Destiny Logistics & Infra IPO Jainam Ferro Alloys IPO
QIB (times)
NII (times) 2.13x 6.23x
Big NII (times)
Small NII (times)
RII (times) 7.43x 7.07x
Employee (times)
Other (times)
Total (times) 4.78x 6.65x

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