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Destiny Logistics IPO vs Shri Venkatesh Refineries IPO

Comparison between Destiny Logistics IPO and Shri Venkatesh Refineries IPO.

IPO Details

Destiny Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Shri Venkatesh Refineries IPO is a SME Fixed Price proposed to list at BSE SME.

 Destiny Logistics IPOShri Venkatesh Refineries IPO
LogoDestiny Logistics IPO LogoShri Venkatesh Refineries IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.Hem Securities Ltd.
RegistrarCameo Corporate Services Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Hem Finlease Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Destiny Logistics IPO is up to ₹5.11 Cr whereas the issue size of the Shri Venkatesh Refineries IPO is up to ₹11.12 Cr. The final issue price of Destiny Logistics IPO is ₹20.00 per share and of Shri Venkatesh Refineries IPO is ₹40.00 per share.

 Destiny Logistics IPOShri Venkatesh Refineries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares3000 shares
Fresh Issue Size25,56,000 shares27,81,000 shares
Fresh Issue Size (Amount)up to ₹5.11 Crup to ₹11.12 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,56,000 shares27,81,000 shares
Issue Size Total (Amount)up to ₹5.11 Crup to ₹11.12 Cr

IPO Timetable

Destiny Logistics IPO opens on Sep 30, 2021, while Shri Venkatesh Refineries IPO opens on Sep 29, 2021. The closing date of Destiny Logistics IPO and Shri Venkatesh Refineries IPO is Oct 05, 2021, and Oct 01, 2021, respectively.

 Destiny Logistics IPOShri Venkatesh Refineries IPO
Anchor Bid Date
Issue OpenSep 30, 2021Sep 29, 2021
Issue CloseOct 05, 2021Oct 01, 2021
Basis Of Allotment (Tentative)Oct 08, 2021Oct 06, 2021
Initiation of Refunds (Tentative)Oct 11, 2021Oct 08, 2021
Credit of Share (Tentative)Oct 12, 2021Oct 08, 2021
Listing date (Tentative)Oct 13, 2021Oct 11, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Destiny Logistics IPO P/E ratio is , as compared to Shri Venkatesh Refineries IPO P/E ratio of .

 Destiny Logistics IPOShri Venkatesh Refineries IPO
Financials
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
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 934.06 672.55 491.11
Total Revenue 3,369.93 2,355.17 2,269.88
Profit After Tax 35.08 22.07 12.60
Promoter Shareholding (Pre-Issue)99.72100
Promoter Shareholding (Post-Issue)64.7973.53
P/E Ratio
Market Cap
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Destiny Logistics IPO Retail Individual Investors (RII) are offered 12,78,000 shares while in Shri Venkatesh Refineries IPO retail investors are offered 12,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Destiny Logistics IPO and in Shri Venkatesh Refineries IPO.

 Destiny Logistics IPOShri Venkatesh Refineries IPO
Anchor Investor Reserveration
Market Maker Reserveration1,38,000 shares1,47,000 shares
QIB
NII12,78,000 shares13,89,000 shares
RII12,78,000 shares13,92,000 shares
Employee
Others
Total25,56,000 shares27,81,000 shares

Bids Received (Subscription)

Destiny Logistics IPO subscribed 4.78x in total, whereas Shri Venkatesh Refineries IPO subscribed 3.12x.

 Destiny Logistics IPOShri Venkatesh Refineries IPO
QIB (times)
NII (times)2.13x2.43x
Big NII (times)
Small NII (times)
RII (times)7.43x3.81x
Employee (times)
Other (times)
Total (times)4.78x3.12x