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

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

RoNW

36.69%

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

About The Company

Deccan Transcon Leasing Limited offers tank containers on lease and logistic and supply chain solutions to clients in various sectors.The company offers comprehensive freight and shipping solutions, including domestic tank container logistics, tank fleet management, customs clearance and transportation, and Non-Vessel Operating Common Carriers (NVOCC) services.

As of July 31, 2024, the company had more than 100 customers who had been associated with it for over 3 years. Additionally, the company has served more than 884 customers in the last year.The company has successfully built a track record of serving over 5,000 customers.

The company's services can be divided into two categories:
Leasing of Containers
Shipping & Freight forwarding

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

The company has agencies located in regions such as Europe, Asia, Oceania, South America, Africa, and the USA. These agencies handle logistics operations under an agency relationship for both inbound and outbound cargo movement. They are responsible for performing all necessary operations and documentation work for cargo movement between the mentioned regions.

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Deccan Transcon Leasing - Promoter(s)

Pre Issue Share Holding: %

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

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.