Dhillon Freight Carrier IPO
Open SmeCurrent GMP
₹12 (+16.67%)
Price Band
₹ 72 – 72
Lot Size
1600
Issue Size
₹10.08 Cr
Minimum Investment
₹230400 (3200 Shares)
Listing Date
07 October 2025
Subscription
2.97x
About the Company
M/s Dhillon Freight Carrier is a logistics solutions provider specializing in road transportation services. As a goods transport agency, the company offers a wide range of services including parcel/less than truck-load (LTL) transportation, contract logistics, and fleet rental/fleet leasing solutions, catering to diverse industry needs.
Products & Services
- Parcel / Less than Truck-Load (LTL): Efficient and cost-effective solutions for transporting smaller consignments.
- Contract Logistics: End-to-end customized logistics support, from storage to last-mile delivery.
- Fleet Rental / Fleet Leasing Services: Flexible vehicle rental and leasing options to support businesses with transportation needs.
Operations & Presence
- Serves both B2B and B2C customers across West Bengal, Bihar, Delhi, and Uttar Pradesh.
- Operates an in-house fleet of 62 vehicles, ensuring reliable and timely service.
- Maintains a strong infrastructure through 22 booking offices, pickup facilities, warehouses, delivery offices, and agency networks to streamline operations.
M/s Dhillon Freight Carrier combines experience, operational efficiency, and customer-centric solutions to deliver safe, reliable, and scalable logistics services.
Promoters
- Mr. Karan Singh Dhillon
- Mr. Karamveer Singh Dhillon
- Mrs. Joyce Singh Dhillon
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
64.29%
Objects of the Issue
The Company Dhillon Freight Carrier IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Purchase of Goods Transportation Vehicles and its Fabrication
- General Corporate Expenses
- Issue Related Expenses
Address / Contact Info
Dhillon Freight Carrier Ltd.
Chatterjee International Building,
33A Jawaharlal Nehru Road
20th Floor, Suite No. A03, Middleton Row,
Kolkata, West Bengal, 700071
Phone: +91 99031 30247
Email: cs@dfclogistics.in
Website: http://www.dfclogistics.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 29 September 2025
IPO Close Date
Wednesday, 01 October 2025
Basis of Allotment
Friday, 03 October 2025
Initiation of Refunds
Monday, 06 October 2025
Credit of Shares to Demat
Monday, 06 October 2025
Listing Date
Tuesday, 07 October 2025 — NSE & BSE
Important Dates
Open Date
29 September 2025
Close Date
01 October 2025
Basis Of Allotment
03 October 2025
Listing Date
07 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 9.71 | 9.16 | 6.78 |
| Revenue | 25.22 | 24.73 | 29.91 |
| Profit After Tax | 1.73 | 1.09 | 0.36 |
| Net Worth | 5.23 | 3.5 | 1.5 |
| Reserve & Surplus | 2.71 | 0.98 | 1.33 |
| Total Borrowings | 3.34 | 4.8 | 4.39 |
EPS Pre
6.86%
EPS Post
4.41%
P/E Pre
10.49
P/E (Post Issue)
16.32x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 39.65 | 43.78 | 27.13 |
| ROCE % | 31.77 | 23.48 | 15.34 |
| Debt / Equity | 0.64 | 1.37 | 2.94 |
| RoNW % | 33.09 | 31.25 | 23.89 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 6.99 | 4.55 | 1.21 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 665600 | 50.06 | 0 |
| Retail Investors | 664000 | 49.94 | 0 |
| Total | 1329600 | 100 | 0 |
Subscription Status ( Wed, 01 Oct 25 01:54 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 665600 | 708800 | 1.06x |
| Retail Investors | 664000 | 3238400 | 4.88x |
| Total | 1329600 | 3947200 | 2.97x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Dhillon Freight Carrier Ltd | 10 | 10.49 | 6.86 | 6.86 | 33.09 | 20.75 |
| GB Logistics Commerce Ltd | 10 | 8.36 | 5.87 | 5.87 | 8.24 | 53.39 |
| Orissa Bengal Carrier Ltd | 10 | 110.86 | 0.51 | 0.51 | 1.19 | 42.95 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 230,400.00 |
| Retail (Max) | 2 | 3,200 | 230,400.00 |
| S-HNI (Min) | 3 | 4,800 | 345,600.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Finshore Management Services Limited
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.
Dhillon Freight Carrier IPO is a Fixed price IPO worth ₹10.08 crores. The price band is ₹72 to 72 per share. The IPO opens on Mon, Sep 29, 2025 and closes on Wed, Oct 1, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Dhillon Freight Carrier IPO opens on Mon, Sep 29, 2025 and closes on Wed, Oct 1, 2025
Dhillon Freight Carrier IPO Price Band is ₹72 to 72.
Dhillon Freight Carrier IPO lot size is 1600, and the minimum amount required for application is ₹230400.
The minimum investment for Dhillon Freight Carrier IPO is approximately ₹230400 based on the upper price band.
To apply for the Dhillon Freight Carrier 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 Wed, Oct 1, 2025. After submission, funds are blocked until the basis of allotment of Dhillon Freight Carrier IPO is finalised.
Dhillon Freight Carrier IPO issue size is ₹10.08 crores.
Dhillon Freight Carrier IPO allotment date is Sat, Jun 27, 2026.
The registrar for Dhillon Freight Carrier IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Dhillon Freight Carrier IPO through their official website or helpline.
The Dhillon Freight Carrier IPO GMP (Grey Market Premium) is ₹12 as of Tue, Sep 30, 2025. Based on the upper price band of ₹72 per share, the estimated Dhillon Freight Carrier IPO listing price is ₹84, indicating a potential listing gain of approximately 31% over the issue price.