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Right Issue Status: Closed [8th Feb 2023 to 17th Feb 2023]
Destiny Logistics & Infra Limited offers Right Issue size of Rs 7.69 Cr. Which subscription is opening from 08 Feb 2023 to 17 Feb 2023. The company issues 01 right equity shares for every 01 equity shares held on the record date of 27 Jan 2023. The face value of a share is Rs.10 per share and the right issue price is fixed at Rs. 10 per share.
Stay updated with us to know more about the Destiny Logistics & Infra Limited Right Issue Details 2023 including issue size, right issue entitlement, terms of payment, and more.
The company intends to utilize the issue proceeds for the following objects:
Destiny Logistic & Infra Issue Details | Values |
---|---|
Category | RightIssue |
Right Issue Issue Size (Shares) | 0.77 Cr Shares |
Right Issue Issue Size (Amount) | ₹7.69 Cr |
Face Value | ₹10 Per Equity Share |
Right Issue - Issue Price | ₹10 per share |
Right Issue Record Date | 27th Jan 2023 |
Right Issue Entitlement | 1 Equity Shares for every 1 Equity Shares held on the Record Date |
Right Issue Terms of payment | The entire amount is payable on application. |
Listing At | NSE |
BSE Code | |
NSE Code | DESTINY |
In this section we have covered all important dates related to Destiny Logistic & Infra Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
Right Issue Activity | Date |
---|---|
Right Issue Issue Open Date | 8th Feb 2023 |
Right Issue Issue Close Date | 17th Feb 2023 |
Basis of Allotment Finalisation Date* | 25th Feb 2023 |
Refunds Initiation* | 13th Feb 2023 |
Credit of Shares to Demat Account* | 1st Mar 2023 |
Right Issue Listing Date* | 3rd Mar 2023 |
* - Tentative Dates
Zerodha Trade@20
Destiny Logistics and Infra Ltd. (Formerly Destiny Logistic Limited) is founded in 2011 and they are procuring third party vehicles both contractually and in the spot market. Destiny Logistics offers its customers, transport management services and arrange for third partyoperator to handle freight related services. The company provides complete range of services like packaging, loading, transportation, unloading and unpacking of items to facilitate its customers with end-to-end solutions
Destiny Logistics is also currently engaged in the infrastructure project- Construction of Storm Water Drainage Scheme for Municipal Town of Tarakeswar, Hooghly, West Bengal under Tarakeswar Development Authority, West Bengal and the work is under progress. Further, they are doing trading activities, mainly into building materials like cement, etc.
The contract with the clients is short term and arrangements with the transporters are on per consignment basis. This company's promoters are the guiding force to propel the sales and marketing who are assisted by its Sales & Marketing team of 4 employees. The team sources clients through known contacts, middlemen and through cross selling through its group companies. Its dedicated and timely service ensures further clients through word of mouth, they cater to all the business segments particularly the supply of fruits, vegetables, dry fruits, groceries, electronic goods etc. This company has also entered into contracts ranging from two to three years for the logistics services.
Past performance and financial results of Destiny Logistic & Infra .
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-22 | 26.78 | 34.75 | 1.3 |
Amount in ₹ Crore |
The table below is live update of Right Issue bidding details from NSE and BSE.
Destiny Logistic & Infra Right Issue Offer Document (Letter of Offer) >>Document
Destiny Logistic & Infra Right Issue Offer Document (Letter of Offer) >>Destiny Logistic & Infra Right Issue Red Herring Prospectus is not yet available.
Destiny Logistic & Infra Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Destiny Logistic & Infra Right Issue Online Application (Registrar & Transfer Agent) >>Destiny Logistic & Infra Right Issue RTA information is not yet available.
Last Updated on 2023-02-20T02:30:50+00:00