Destiny Logistics & Infra IPO vs Jainam Ferro Alloys IPO

Comparision between Destiny Logistics & Infra IPO and Jainam Ferro Alloys IPO.

IPO Details

Destiny Logistics & Infra IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Jainam Ferro Alloys IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Destiny Logistics & Infra IPO	Jainam Ferro Alloys IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Finshore Management Services Limited	Hem Securities Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Destiny Logistics & Infra IPO is up to ₹5.39 Cr whereas the issue size of the Jainam Ferro Alloys IPO is up to ₹19.61 Cr. The final issue price of Destiny Logistics & Infra IPO is ₹20.00 per share and of Jainam Ferro Alloys IPO is ₹70.00 per share.

	Destiny Logistics & Infra IPO	Jainam Ferro Alloys IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹20.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	6000 shares	2000 shares
Fresh Issue Size		13,02,000 shares
Fresh Issue Size (Amount)		up to ₹9.11 Cr
OFS Issue Size		15,00,000 shares
OFS Issue Size (Amount)		up to ₹10.50 Cr
Issue Size Total	26,94,000 shares	28,02,000 shares
Issue Size Total (Amount)	up to ₹5.39 Cr	up to ₹19.61 Cr

IPO Timetable

Destiny Logistics & Infra IPO opens on Sep 30, 2021, while Jainam Ferro Alloys IPO opens on Sep 28, 2021. The closing date of Destiny Logistics & Infra IPO and Jainam Ferro Alloys IPO is Oct 05, 2021, and Sep 30, 2021, respectively.

	Destiny Logistics & Infra IPO	Jainam Ferro Alloys IPO
Anchor Bid Date
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
Anchor Lockin End date 1	Nov 07, 2021	Nov 04, 2021
Anchor Lockin End date 2	Jan 06, 2022	Jan 03, 2022

Financials

Destiny Logistics & Infra IPO P/E ratio is , as compared to Jainam Ferro Alloys IPO P/E ratio of .

Destiny Logistics & Infra IPO

Jainam Ferro Alloys IPO

Financial

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 Standalone)
Particulars	For the year/period ended (₹ in millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	524.18	391.94	402.28
Total Revenue	1025.17	1223.36	1323.97
Profit After Tax	31.17	8.64	28.85

Promoter Shareholding (Pre-Issue)

99.72%

100%

Promoter Shareholding (Post-Issue)

64.79%

73.47%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Destiny Logistics & Infra IPO retail 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 & Infra IPO and in Jainam Ferro Alloys IPO.

	Destiny Logistics & Infra IPO	Jainam Ferro Alloys IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,38,000 shares	1,50,000 shares
QIB
NII	12,78,000 shares	13,26,000 shares
RII	12,78,000 shares	13,26,000 shares
Employee
Others
Total	25,56,000 shares	26,52,000 shares

Bids Received (Subscription)

Destiny Logistics & Infra IPO subscribed 4.78x in total, whereas Jainam Ferro Alloys IPO subscribed 6.65x.

	Destiny Logistics & Infra IPO	Jainam Ferro Alloys IPO
QIB (times)
NII (times)	2.13x	6.23x
Big NII (times)
Small NII (times)
RII (times)	7.43x	7.07x
Employee (times)
Other (times)
Total (times)	4.78x	6.65x

Compare with others

Destiny Logistics & Infra IPO	Jainam Ferro Alloys IPO
Adishakti Loha and Ispat IPO	Samor Reality Limited IPO
Bombay Metrics Supply Chain IPO	Promax Power Limited IPO
Samor Reality Limited IPO	Dynamic Services & Security IPO
Promax Power Limited IPO	Destiny Logistics & Infra IPO
Dynamic Services & Security IPO	Shri Venkatesh Refineries IPO
Shri Venkatesh Refineries IPO	Getalong Enterprise Limited IPO
Jainam Ferro Alloys IPO	Quadpro ITES IPO
Getalong Enterprise Limited IPO	Markolines Traffic Controls IPO
Quadpro ITES IPO	Prevest Denpro IPO
Markolines Traffic Controls IPO	Platinumone Business Services IPO

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