September 30, 2021 - October 5, 2021

Destiny Logistics & Infra IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Destiny Logistics & Infra IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Destiny Logistics & Infra IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Destiny Logistics & Infra IPO Review by Dilip Davda (Avoid)

[Dilip Davda] Though the company is doing asset-light business, it is in a highly competitive and fragmented business. Financial data is not matching the aggressive asking price. Even with the higher earnings of FY21, issue pricing is at a high P/E. There is no harm in giving this issue a MISS. Read detail review...

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