₹7.69 Crores | Listing at NSE | Wed, Feb 8, 2023 - Fri, Feb 17, 2023
Destiny Logistic & Infra Limited Rights Issue comprises 0.7694 Cr equity shares aggregating to ₹7.69 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.
The record date for determining eligible shareholders is Jan 27, 2023.
As per the terms of payment, ₹10 per share payable in full at the time of application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Feb 7, 2023.
The Rights Issue opens on Feb 8, 2023 and closes on Feb 17, 2023.
The deemed date of allotment is Feb 25, 2023, following which the equity shares are expected to be credited to demat accounts on Mar 1, 2023 and listed on the NSE on Mar 3, 2023.
Finshore Management Services Ltd. is the Lead Manager to the issue and Cameo Corporate Services Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Destiny Logistic & Infra Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Jan 27, 2023
Entitlement Ratio
:
Open Date
Wed, Feb 8, 2023
Close Date
Fri, Feb 17, 2023
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 26.78 | 34.75 | 1.3 |
| Amount in ₹ Crore | |||
Incorporated in 2011, Destiny Logistic & Infra Limited is engaged in the Transportation & Logistic Solutions. The company offers end-to-end Supply Chain management and corporate people movement-related professional services. Destiny Logistic Ltd has incorporated outsourcing work and supply chain consulting.
The company intends to utilize the issue proceeds for the following objects:
[Dilip Davda] Though this RI is at par, its financial performance is listless. The company has failed to live up to the confidence of investors in its maiden IPO. There is no harm in skipping this at-par bet as it’s a high-risk/low-return bet. Read detail review...
Destiny Logistic & Infra Limited
375, Dakshindari Road,
Parganas North, Kolkata,
West Bengal -700 048
The Destiny Logistic & Infra Rights Issue 2022 opens on Wed, Feb 8, 2023, and closes on Fri, Feb 17, 2023.
Destiny Logistic & Infra Rights Issue 2022 Schedule
| Last Date for credit of Rights Entitlements | Tue, Feb 7, 2023 |
| Last Date for renunciation of Rights Entitlements | Mon, Feb 13, 2023 |
| Issue Opening Date | Wed, Feb 8, 2023 |
| Issue Closing Date | Fri, Feb 17, 2023 |
| Date of Allotment (on or about) | Sat, Feb 25, 2023 |
| Date of Credit (on or about) | Wed, Mar 1, 2023 |
| Date of Listing (on or about) | Fri, Mar 3, 2023 |
You can apply for Destiny Logistic & Infra Rights Issue 2022 in two ways:
Steps to apply for Destiny Logistic & Infra Rights Issue 2022 using Net Banking (ASBA)
Steps to apply for Destiny Logistic & Infra Rights Issue 2022 using Registrar's website (R-WAP)
