Deccan Transcon Leasing IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 102 – 108
Lot Size
1200
Issue Size
₹65.06 Cr
Minimum Investment
₹259200 (2400 Shares)
Listing Date
24 September 2024
Subscription
103.31x
About the Company
Deccan Transcon Leasing Limited offers comprehensive freight and shipping solutions, including domestic logistics for tank containers, tank fleet management, customs clearance, transportation, and Non-Vessel Operating Common Carrier (NVOCC) services. The company primarily focuses on leasing tank containers and providing logistics and supply chain solutions to clients across various sectors.
Deccan Transcon Leasing Limited specializes in the transportation of bulk liquids and hazardous chemicals, primarily using tank containers. As of 31 July 2024, over 100 customers have been associated with the company for more than three years. In the past year, the company has served more than 884 customers.
As of 31 May 2024, the company’s fleet consists of over 2,500 tank containers and 750 TEUs of box containers. The company is supported by a team of more than 84 skilled professionals.
Promoters
The company's promoters are
- Jaidev Menon Parath
- Karthika Menon
- Miriyala Shekhar
- Pranav Jaidev and
- Navaneeth Jaidev.
Promoters Holding
Holding Pre Issue
87.17%
Holding Post Issue
0.00%
Objects of the Issue
The Company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing on the NSE Emerge platform of the National Stock Exchange of India Limited:
- Funding capital expenditure requirements towards procurement of Tank Containers.
- Funding working capital requirements of the Company; and
- General corporate purposes
Address / Contact Info
Deccan Transcon Leasing Limited
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
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 13 September 2024
IPO Close Date
Thursday, 19 September 2024
Basis of Allotment
Friday, 20 September 2024
Initiation of Refunds
Monday, 23 September 2024
Credit of Shares to Demat
Monday, 23 September 2024
Listing Date
Tuesday, 24 September 2024 — NSE & BSE
Important Dates
Open Date
13 September 2024
Close Date
19 September 2024
Basis Of Allotment
20 September 2024
Listing Date
24 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 7721.58 | 5407.72 | 3924.64 |
| Revenue | 15363.76 | 18061.76 | 15319.4 |
| Profit After Tax | 1181.89 | 855.7 | 519.1 |
| Net Worth | 3221.32 | 2028.26 | 1207.59 |
| Reserve & Surplus | 1501.37 | 1808.26 | 987.59 |
| Total Borrowings | 2309.55 | 1775.49 | 989.82 |
EPS Pre
6.87%
EPS Post
5.20%
P/E Pre
15.72
P/E (Post Issue)
20.76x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 45.03 |
| ROCE % | 41.43 |
| Debt / Equity | 0.72 |
| RoNW % | 36.69 |
| PbW | 5.77 |
| Pat Margin % | 7.75 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1400400 | 23.25 | 0 |
| Market Maker | 330000 | 5.48 | 0 |
| Qualified Institutions | 1446600 | 24.01 | 0 |
| Non-Institutional | 854100 | 14.18 | 0 |
| Retail Investors | 1992900 | 33.08 | 0 |
| Total | 6024000 | 100 | 0 |
Subscription Status ( Thu, 19 Sep 24 01:24 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1446600 | 60853200 | 42.07x |
| Non-Institutional | 854100 | 126728400 | 148.38x |
| Retail Investors | 1992900 | 256006800 | 128.46x |
| Total | 4293600 | 443588400 | 103.31x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 129,600.00 |
| Retail (Max) | 1 | 1,200 | 129,600.00 |
| S-HNI (Min) | 2 | 2,400 | 259,200.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Unistone Capital Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Deccan Transcon Leasing IPO is a Book-building IPO worth ₹65.06 crores. The price band is ₹102 to 108 per share. The IPO opens on Fri, Sep 13, 2024 and closes on Thu, Sep 19, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Deccan Transcon Leasing IPO opens on Fri, Sep 13, 2024 and closes on Thu, Sep 19, 2024
Deccan Transcon Leasing IPO Price Band is ₹102 to 108.
Deccan Transcon Leasing IPO lot size is 1200, and the minimum amount required for application is ₹259200.
The minimum investment for Deccan Transcon Leasing IPO is approximately ₹259200 based on the upper price band.
To apply for the Deccan Transcon Leasing IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Sep 19, 2024. After submission, funds are blocked until the basis of allotment of Deccan Transcon Leasing IPO is finalised.
Deccan Transcon Leasing IPO issue size is ₹65.06 crores.
Deccan Transcon Leasing IPO allotment date is Sat, Jun 27, 2026.
The registrar for Deccan Transcon Leasing IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Deccan Transcon Leasing IPO through their official website or helpline.
The Deccan Transcon Leasing IPO GMP (Grey Market Premium) is ₹0 as of Tue, Sep 24, 2024. Based on the upper price band of ₹108 per share, the estimated Deccan Transcon Leasing IPO listing price is ₹108, indicating a potential listing gain of approximately 31% over the issue price.