Comparison between Adishakti Loha IPO and Destiny Logistics IPO.
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 IPO | Destiny Logistics IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Turnaround Corporate Advisors Pvt.Ltd. | Finshore Management Services Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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 IPO | Destiny 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 Size | 10000 shares | 6000 shares |
| Fresh Issue Size | 17,20,000 shares | 25,56,000 shares |
| Fresh Issue Size (Amount) | up to ₹1.89 Cr | up to ₹5.11 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 17,20,000 shares | 25,56,000 shares |
| Issue Size Total (Amount) | up to ₹1.89 Cr | up to ₹5.11 Cr |
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 IPO | Destiny Logistics IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 30, 2021 | Sep 30, 2021 |
| Issue Close | Oct 05, 2021 | Oct 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, 2021 | Oct 13, 2021 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Adishakti Loha IPO P/E ratio is , as compared to Destiny Logistics IPO P/E ratio of .
| Adishakti Loha IPO | Destiny Logistics IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 99.72 | ||||
| Promoter Shareholding (Post-Issue) | 60.07 | 64.79 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹5.01 Cr. | ₹15.39 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
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 IPO | Destiny Logistics IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,00,000 shares | 1,38,000 shares |
| QIB | ||
| NII | 8,60,000 shares | 12,78,000 shares |
| RII | 8,60,000 shares | 12,78,000 shares |
| Employee | ||
| Others | ||
| Total | 17,20,000 shares | 25,56,000 shares |
Adishakti Loha IPO subscribed 1.84x in total, whereas Destiny Logistics IPO subscribed 4.78x.
| Adishakti Loha IPO | Destiny Logistics IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.81x | 2.13x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2.87x | 7.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.84x | 4.78x |
