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.
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.
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 IPO | Shri Venkatesh Refineries IPO |
|---|
| Issue Open | Sep 30, 2021 | Sep 29, 2021 |
| Issue Close | Oct 05, 2021 | Oct 01, 2021 |
| Basis Of Allotment (Tentative) | Oct 08, 2021 | Oct 06, 2021 |
| Initiation of Refunds (Tentative) | Oct 11, 2021 | Oct 08, 2021 |
| Credit of Share (Tentative) | Oct 12, 2021 | Oct 08, 2021 |
| Listing date (Tentative) | Oct 13, 2021 | Oct 11, 2021 |
Financials & KPIs
Destiny Logistics IPO P/E ratio is , as compared to Shri Venkatesh Refineries IPO P/E ratio of .
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 IPO | Shri Venkatesh Refineries IPO |
|---|
| Market Maker Reservation | 1,38,000 shares | 1,47,000 shares |
| NII | 12,78,000 shares | 13,89,000 shares |
| RII | 12,78,000 shares | 13,92,000 shares |
| Total | 25,56,000 shares | 27,81,000 shares |
Bids Received (Subscription)
Destiny Logistics IPO subscribed 4.78x in total, whereas Shri Venkatesh Refineries IPO subscribed 3.12x.
