Comparison between Destiny Logistics IPO and Jainam Ferro Alloys IPO.
IPO Details
Destiny Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Jainam Ferro Alloys IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Destiny Logistics IPO is up to ₹5.11 Cr whereas the issue size of the Jainam Ferro Alloys IPO is up to ₹18.56 Cr. The final issue price of Destiny Logistics IPO is ₹20.00 per share and of Jainam Ferro Alloys IPO is ₹70.00 per share.
| | Destiny Logistics IPO | Jainam Ferro Alloys IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹20.00 per share | ₹70.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 6000 shares | 2000 shares |
| Fresh Issue Size | 25,56,000 shares | 11,52,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.11 Cr | up to ₹8.06 Cr |
| OFS Issue Size | 0 shares | 15,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹10.50 Cr |
| Issue Size Total | 25,56,000 shares | 26,52,000 shares |
| Issue Size Total (Amount) | up to ₹5.11 Cr | up to ₹18.56 Cr |
IPO Timetable
Destiny Logistics IPO opens on Sep 30, 2021, while Jainam Ferro Alloys IPO opens on Sep 28, 2021. The closing date of Destiny Logistics IPO and Jainam Ferro Alloys IPO is Oct 05, 2021, and Sep 30, 2021, respectively.
| | Destiny Logistics IPO | Jainam Ferro Alloys IPO |
|---|
| Issue Open | Sep 30, 2021 | Sep 28, 2021 |
| Issue Close | Oct 05, 2021 | Sep 30, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | Oct 05, 2021 |
| Initiation of Refunds (Tentative) | Oct 11, 2021 | Oct 06, 2021 |
| Credit of Share (Tentative) | Oct 12, 2021 | Oct 07, 2021 |
| Listing date (Tentative) | Oct 13, 2021 | Oct 08, 2021 |
Financials & KPIs
Destiny Logistics IPO P/E ratio is , as compared to Jainam Ferro Alloys IPO P/E ratio of .
Shares Offered
In the Destiny Logistics IPO Retail Individual Investors (RII) are offered 12,78,000 shares while in Jainam Ferro Alloys IPO retail investors are offered 12,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Destiny Logistics IPO and in Jainam Ferro Alloys IPO.
| | Destiny Logistics IPO | Jainam Ferro Alloys IPO |
|---|
| Market Maker Reservation | 1,38,000 shares | 1,50,000 shares |
| NII | 12,78,000 shares | 13,26,000 shares |
| RII | 12,78,000 shares | 13,26,000 shares |
| Total | 25,56,000 shares | 26,52,000 shares |
Bids Received (Subscription)
Destiny Logistics IPO subscribed 4.78x in total, whereas Jainam Ferro Alloys IPO subscribed 6.65x.
