Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Adishakti Loha IPO vs Destiny Logistics IPO

Comparison between Adishakti Loha IPO and Destiny Logistics IPO.

IPO Details

Adishakti Loha IPO is a SME Fixed Price IPO proposed to list at BSE SME while Destiny Logistics IPO is a SME Fixed Price proposed to list at NSE SME.

 Adishakti Loha IPODestiny Logistics IPO
LogoAdishakti Loha IPO LogoDestiny Logistics IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersTurnaround Corporate Advisors Pvt.Ltd.Finshore Management Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerNNM Securities Pvt.Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Adishakti Loha IPO is up to ₹1.89 Cr whereas the issue size of the Destiny Logistics IPO is up to ₹5.11 Cr. The final issue price of Adishakti Loha IPO is ₹11.00 per share and of Destiny Logistics IPO is ₹20.00 per share.

 Adishakti Loha IPODestiny Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹11.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares6000 shares
Fresh Issue Size17,20,000 shares25,56,000 shares
Fresh Issue Size (Amount)up to ₹1.89 Crup to ₹5.11 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total17,20,000 shares25,56,000 shares
Issue Size Total (Amount)up to ₹1.89 Crup to ₹5.11 Cr

IPO Timetable

Adishakti Loha IPO opens on Sep 30, 2021, while Destiny Logistics IPO opens on Sep 30, 2021. The closing date of Adishakti Loha IPO and Destiny Logistics IPO is Oct 05, 2021, and Oct 05, 2021, respectively.

 Adishakti Loha IPODestiny Logistics IPO
Anchor Bid Date
Issue OpenSep 30, 2021Sep 30, 2021
Issue CloseOct 05, 2021Oct 05, 2021
Basis Of Allotment (Tentative)Oct 08, 2021
Initiation of Refunds (Tentative)Oct 11, 2021
Credit of Share (Tentative)Oct 12, 2021
Listing date (Tentative)Oct 13, 2021Oct 13, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Adishakti Loha IPO P/E ratio is , as compared to Destiny Logistics IPO P/E ratio of .

 Adishakti Loha IPODestiny Logistics IPO
Financials
Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 93.57 0.46 0.21
Total Revenue 109.49 0.27 NA
Profit After Tax (0.21) 0.19 0.04
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakhs)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 660.77 180.11 179.83
Total Revenue 1005.79 674.97 672.97
Profit After Tax 30.30 5.11 4.78
Promoter Shareholding (Pre-Issue)100.0099.72
Promoter Shareholding (Post-Issue)60.0764.79
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Adishakti Loha IPO Retail Individual Investors (RII) are offered 8,60,000 shares while in Destiny Logistics IPO retail investors are offered 8,60,000 shares. Qualified Institutional Buyers (QIB) are offered in Adishakti Loha IPO and in Destiny Logistics IPO.

 Adishakti Loha IPODestiny Logistics IPO
Anchor Investor Reserveration
Market Maker Reserveration1,00,000 shares1,38,000 shares
QIB
NII8,60,000 shares12,78,000 shares
RII8,60,000 shares12,78,000 shares
Employee
Others
Total17,20,000 shares25,56,000 shares

Bids Received (Subscription)

Adishakti Loha IPO subscribed 1.84x in total, whereas Destiny Logistics IPO subscribed 4.78x.

 Adishakti Loha IPODestiny Logistics IPO
QIB (times)
NII (times)0.81x2.13x
Big NII (times)
Small NII (times)
RII (times)2.87x7.43x
Employee (times)
Other (times)
Total (times)1.84x4.78x