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

Destiny Logistics IPO vs Quadpro ITeS IPO

Comparison between Destiny Logistics IPO and Quadpro ITeS IPO.

IPO Details

Destiny Logistics IPO is a SME Fixed Price IPO proposed to list at NSE SME while Quadpro ITeS IPO is a SME Fixed Price proposed to list at NSE SME.

 Destiny Logistics IPOQuadpro ITeS IPO
LogoDestiny Logistics IPO LogoQuadpro ITeS IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Beeline Broking Ltd.
RegistrarCameo Corporate Services Ltd.Kfin Technologies Ltd.
Market MakerNikunj Stock Brokers Ltd.Beeline Broking 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 Quadpro ITeS IPO is up to ₹13.39 Cr. The final issue price of Destiny Logistics IPO is ₹20.00 per share and of Quadpro ITeS IPO is ₹20.00 per share.

 Destiny Logistics IPOQuadpro ITeS IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹20.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size6000 shares6000 shares
Fresh Issue Size25,56,000 shares59,46,000 shares
Fresh Issue Size (Amount)up to ₹5.11 Crup to ₹11.89 Cr
OFS Issue Size0 shares7,50,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1.50 Cr
Issue Size Total25,56,000 shares66,96,000 shares
Issue Size Total (Amount)up to ₹5.11 Crup to ₹13.39 Cr

IPO Timetable

Destiny Logistics IPO opens on Sep 30, 2021, while Quadpro ITeS IPO opens on Sep 20, 2021. The closing date of Destiny Logistics IPO and Quadpro ITeS IPO is Oct 05, 2021, and Sep 22, 2021, respectively.

 Destiny Logistics IPOQuadpro ITeS IPO
Anchor Bid Date
Issue OpenSep 30, 2021Sep 20, 2021
Issue CloseOct 05, 2021Sep 22, 2021
Basis Of Allotment (Tentative)Oct 08, 2021Sep 27, 2021
Initiation of Refunds (Tentative)Oct 11, 2021Sep 28, 2021
Credit of Share (Tentative)Oct 12, 2021Sep 28, 2021
Listing date (Tentative)Oct 13, 2021Sep 30, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Destiny Logistics IPO P/E ratio is , as compared to Quadpro ITeS IPO P/E ratio of 68.96.

 Destiny Logistics IPOQuadpro ITeS 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 Lakhs)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 549.62 507.33 626.53
Total Revenue 1,034.95 1,291.02 1,507.20
Profit After Tax 72.68 21.17 (66.07)
Promoter Shareholding (Pre-Issue)99.72100
Promoter Shareholding (Post-Issue)64.7972.11
P/E Ratio68.96
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 Quadpro ITeS IPO retail investors are offered 12,78,000 shares. Qualified Institutional Buyers (QIB) are offered in Destiny Logistics IPO and in Quadpro ITeS IPO.

 Destiny Logistics IPOQuadpro ITeS IPO
Anchor Investor Reserveration
Market Maker Reserveration1,38,000 shares3,54,000 shares
QIB
NII12,78,000 shares33,48,000 shares
RII12,78,000 shares33,48,000 shares
Employee
Others
Total25,56,000 shares66,96,000 shares

Bids Received (Subscription)

Destiny Logistics IPO subscribed 4.78x in total, whereas Quadpro ITeS IPO subscribed 16.12x.

 Destiny Logistics IPOQuadpro ITeS IPO
QIB (times)
NII (times)2.13x8.71x
Big NII (times)
Small NII (times)
RII (times)7.43x23.53x
Employee (times)
Other (times)
Total (times)4.78x16.12x