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.
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.
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 IPO | Destiny Logistics IPO |
|---|
| Issue Open | Sep 30, 2021 | Sep 30, 2021 |
| Issue Close | Oct 05, 2021 | Oct 05, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | 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 |
Financials & KPIs
Adishakti Loha IPO P/E ratio is , as compared to Destiny Logistics IPO P/E ratio of .
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 IPO | Destiny Logistics IPO |
|---|
| Market Maker Reservation | 1,00,000 shares | 1,38,000 shares |
| NII | 8,60,000 shares | 12,78,000 shares |
| RII | 8,60,000 shares | 12,78,000 shares |
| Total | 17,20,000 shares | 25,56,000 shares |
Bids Received (Subscription)
Adishakti Loha IPO subscribed 1.84x in total, whereas Destiny Logistics IPO subscribed 4.78x.
