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 Date | 27 January 2023 |
| Credit of Rights Entitlements | 07 February 2023 |
| Bid/Offer Opens On | 08 February 2023 |
| Renunciation of Rights Entitlements | 13 February 2023 |
| Bid/Offer Closes On | 17 February 2023 |
| Deemed Date of Allotment | 25 February 2023 |
| Credit Date | 01 March 2023 |
| Listing Date | 03 March 2023 |
Destiny Logistic & Infra Rights Issue Details
| Issue Open | Feb 8, 2023 – Feb 17, 2023 |
| Security Name | Destiny 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 At | NSE |
| Terms of Payment | The entire amount is payable on application. |
| Entitlement | 1 Equity Share for every 1 Equity Share held on the Record Date |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 26.78 | 34.75 | 1.3 |
Lead Manager(s)
- Finshore Management Services Limited
Rights Issue Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
Company Contact Information
Destiny Logistic & Infra Limited
375, Dakshindari Road,
Parganas North, Kolkata,
West Bengal -700 048
Phone: 033 — 4008 7463
Email: info@destinyinfra.in
Website: http://www.destinyinfra.in/
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
