Destiny Logistic & Infra Rights Issue

Destiny Logistic & Infra Rights Issue will open for subscription from 08 February 2023. The company aims for an issue size of ₹7.69 Crores through this rights issue.

Destiny Logistic & Infra Limited

Incorporated in 2011, Destiny Logistic & Infra Limited is engaged in 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.

Objects of the Issue

  • To meet the working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purposesposes.

Destiny Logistic & Infra Rights Issue Timetable

Record Date27 January 2023
Credit of Rights Entitlements07 February 2023
Bid/Offer Opens On08 February 2023
Renunciation of Rights Entitlements13 February 2023
Bid/Offer Closes On17 February 2023
Deemed Date of Allotment25 February 2023
Credit Date01 March 2023
Listing Date03 March 2023

Destiny Logistic & Infra Rights Issue Details

Issue OpenFeb 8, 2023 – Feb 17, 2023
Security NameDestiny Logistic & Infra Limited
Issue Size (Shares)7,694,000
Issue Size (Amount)₹7.69 Crores
Issue Price₹10 per share
Face Value₹10 per share
Listing AtNSE
Terms of PaymentThe entire amount is payable on application.
Entitlement1 Equity Share for every 1 Equity Share held on the Record Date

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After Tax
(Amount in ₹ Crore)

Lead Manager(s)

  • Finshore Management Services Limited

Rights Issue Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390

Company Contact Information

Destiny Logistic & Infra Limited
375, Dakshindari Road,
Parganas North, Kolkata,
West Bengal -700 048

Phone: 033 — 4008 7463

Final thoughts

Destiny Logistic & Infra Rights Issue is going to open for subscription soon. applying for rights Issue is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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