IPO

Deccan Transcon Leasing Limited IPO

NSE SME

Listed On: Sep 24, 2024 at ₹ 116.0

₹ 129600 /1200 Shares

Check Allotment
Deccan Transcon Leasing IPO Details

13 Sep, 2024

Open Date

19 Sep, 2024

Close Date

20 Sep, 2024

Allotment Date

24 Sep, 2024

Listing Date

Issue Price

₹102-108 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

List Price

116.0

Listing Date

2024-09-24

Market Lot

1200 Shares (₹129,600/-)

Lead Manager

Unistone Capital Pvt Ltd

Issue Size

6,024,000 shares(aggregating up to ₹65.06 Cr)

Retail Portion

35%

Subscription

101.91 times

IPO Docs

DRHP RHP


The IPO of Deccan Transcon Leasing is priced at ₹102-108 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Link Intime India Private Ltd is the registrar of the issue.

Deccan Transcon Leasing IPO bid opening date is from Sep 13, 2024 and the bid closing date was Sep 19, 2024.
Deccan Transcon Leasing IPO allotment result will be available on Sep 20, 2024. The tentative listing date for Deccan Transcon Leasing is Sep 24, 2024.

The total issue size is 6,024,000 shares(aggregating up to ₹65.06 Cr).

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Deccan Transcon Leasing IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,446,600 / 854,1001,992,9004,293,600
Day 1 - 13-09-24 06:00 PM2.97 / 3.88 x4.74 x3.97 x
Day 2 - 16-09-24 06:00 PM2.97 / 7.88 x19.26 x11.51 x
Day 3 - 17-09-24 06:00 PM2.97 / 21.83 x49.36 x28.26 x
Day 4 - 18-09-24 06:00 PM2.97 / 31.93 x69.19 x39.47 x
Day 5 - 19-09-24 06:00 PM42.08 / 147.84 x125.61 x101.91 x
Total No. of Applications: 2,08,991 (Approx)

Deccan Transcon Leasing Valuations

EPS Pre IPO

₹6.87/-

EPS Post IPO

₹5.2/-

P/E Pre IPO

15.72

P/E Post IPO

20.76

ROE

45.03%

ROCE

41.43%

Debt/Equity

0.72

RoNW

36.69%

PAT Margin

7.75

Price to Book Value

5.77

Deccan Transcon Leasing Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets7,721.585,407.723,924.64
Revenue15,363.7618,061.7615,319.4
Profit After Tax1,181.89855.7519.1
Net Worth3,221.322,028.261,207.59
Reserves & Surplus1,501.371,808.26987.59
Total Borrowing2,309.551,775.49989.82

About The Company

In February 2007, Deccan Transcon Leasing Limited provided tank containers on lease and logistic and supply chain solutions to clients from diversified sectors.

Comprehensive freight and shipping solutions by the company include domestic tank container logistics, tank fleet management, customs clearance and transportation, and Non-Vessel Operating Common Carriers (NVOCC) services.

By July 31, 2024, the company had more than 100 customers associated with it for over 3 years. More than 884 customers have also been served by the company within the last year.The company has managed to set a track record of serving more than 5,000 customers.

The company offers its services into two categories:
Leasing of Containers
Shipping & Freight forwarding

The company mainly serves customers in the industries of chemicals, pharmaceuticals, FMCG, agriculture, and others with a focus on specialty chemicals and petrochemicals in 40 countries.

The company has agencies spread over regions like Europe, Asia, Oceania, South America, Africa, and the USA. The agencies operate logistics activities on an agency basis for both inward and outward cargo movement. They are liable to perform all the operations and documentation work concerning cargo movement between the regions above.

As of July 31, 2024, the company had 84 employees.

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Deccan Transcon Leasing - Promoter(s)

Pre Issue Share Holding: 87.17%

Post Issue Share Holding: %

Company Promoter(s)
  1. Jaidev Menon Parath
  2. Karthika Menon
  3. Miriyala Shekhar
  4. Pranav Jaidev
  5. Navaneeth Jaidev

Deccan Transcon Leasing IPO - Issue Objectives

  1. Funding capital expenditure requirements towards procurement of Tank Containers.
  2. Funding working capital requirements of the Company
  3. General corporate purposes

Other Details

Company Contact Details

Deccan Transcon Leasing

Suite No 507, 5th floor, Image Capital Park, Image Garden Road, Madhapur, Shaikpet, Hyderabad- 500081

Phone: 040-40146828

Email: compliance@deccantrans.com

Website: https://www.deccantrans.com/

Registrar Contact Details

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Email: deccantranscon.ipo@linkintime.co.in

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

Deccan Transcon Leasing IPO - FAQs

Ans. Deccan Transcon Leasing Limited IPO is a SME IPO. The issue is priced at ₹102-108 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Sep 13, 2024, and closes on Sep 19, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Deccan Transcon Leasing Limited IPO opens on Sep 13, 2024 and closes on Sep 19, 2024.

Ans. The size of Deccan Transcon Leasing Limited IPO is 6,024,000 shares(aggregating up to ₹65.06 Cr).

Ans. The IPO price band is set between ₹102-108 per equity share.

Ans. To apply for Deccan Transcon Leasing Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Deccan Transcon Leasing Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Deccan Transcon Leasing Limited IPO is Sep 20, 2024.

Ans. The Deccan Transcon Leasing Limited IPO will be listed on Sep 24, 2024.

Ans. Follow the steps to check the allotment status for Deccan Transcon Leasing Limited IPO here.