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Offer Date | Sep 13 - Sep 19, 2024 |
Offer Price | ₹ 102-108 |
Lot Size | 1200 |
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Deccan Transcon Leasing Limited IPO
NSE SME LiveOffer Date: Sep 13, 2024 - Sep 19, 2024
Exp. Premium: 50-55 (46.3%)
₹ 129600 /1200 Shares
Apply*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
IPO Closing date has been revised to 19th Sep,2024 due to Bank Holiday on 18th Sep, 2024
Deccan Transcon Leasing IPO Live Subscription Details
Date
:18-Sep-2024 17:01:20 hrs
QIBs
:2.97
NII
:35.64
Retail
:76.40x
Total
:43.56 times
Deccan Transcon Leasing IPO Details
13 Sep, 2024
Open Date19 Sep, 2024
Close Date20 Sep, 2024
Allotment Date24 Sep, 2024
Listing DateIssue Price
₹102-108 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdMarket Lot
1200 Shares (₹129,600/-)Lead Manager
Unistone Capital Pvt LtdIssue Size
6,024,000 shares(aggregating up to ₹65.06 Cr)Retail Portion
35%Subscription
43.56 timesDeccan Transcon Leasing Valuations
EPS Pre IPO
₹6.87/-EPS Post IPO
₹5.2/-P/E Pre IPO
15.72P/E Post IPO
20.76RoNW
36.69%Deccan Transcon Leasing Company Financials All values are in ₹ Lakh
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 7,721.58 | 5,407.72 | 3,924.64 |
| Revenue | 15,363.76 | 18,061.76 | 15,319.4 |
| Profit After Tax | 1,181.89 | 855.7 | 519.1 |
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.
Deccan Transcon Leasing - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Company Promoter(s)
- Jaidev Menon Parath
- Karthika Menon
- Miriyala Shekhar
- Pranav Jaidev
- Navaneeth Jaidev
Deccan Transcon Leasing IPO - Issue Objectives
- Funding capital expenditure requirements towards procurement of Tank Containers.
- Funding working capital requirements of the Company
- 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.
