Deccan Transcon Leasing Ltd., established in 2024, operates in the Logistics - Warehousing/Supply Chain/Others sector. The company's IPO opened on September 13, 2024 and closed on September 18, 2024, ... Read more
We provide end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services. We are primarily engaged in providing ... Read more
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 17,08,200 (28.36%) |
| Market Makers | 3,30,000 (5.48%) |
| Non Institutional Investors | 8,54,100 (14.18%) |
| Qualified Institutional Buyers (QIBs) | 11,38,800 (18.9%) |
| Retail Individual Investors (RIIs) | 19,92,900 (33.08%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 77.88 Cr | 5.56 Cr | 6.10 Cr |
| 31 Mar 2023 | 99.59 Cr | 4.35 Cr | 13.48 Cr |
| 31 Mar 2022 | 79.96 Cr | 4.16 Cr | 9.12 Cr |
1. Funding capitalexpenditurerequirementstowardsprocurement ofTank Containers
2. Funding forworking capitalrequirements of theCompany
3. General corporatepurposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 108.00 |
| Open | - | ₹ 116.00 |
| Low | - | ₹ 110.20 |
| High | - | ₹ 117.90 |
| Last Trade | - | ₹ 110.25 |
1. Menon Parath
2. Karthika Menon
3. Miriyala Shekhar
4. Pranav Jaidev
5. Navaneeth Jaidev
The global freight & logistics market is forecast to grow to $18.69 billion by 2026 at a compound annual growth rate (CAGR) of 4.4%. Looking solely at logistics, the global logistics market is expected to reach $6.55 trillion by 2027, growing at a CAGR of 4.7% between 2022 and 2027. The ... Read more
When does Deccan Transcon Leasing Ltd. IPO opens and closes?
What is the size of Deccan Transcon Leasing Ltd. IPO?
What is the price range of Deccan Transcon Leasing Ltd. IPO?
What is the minimum investment and lot size required for the Deccan Transcon Leasing Ltd. IPO?
When is Deccan Transcon Leasing Ltd. IPO listing date?
What is the objective of Deccan Transcon Leasing Ltd. IPO?
The IPO for Deccan Transcon Leasing has concluded, successfully raising a total of Rs 65.06 crores. The issue comprised a combination of fresh equity shares and an offer for sale. The IPO opened for subscription on September 13 and closed on September 19, receiving strong interest from investors, particularly non-institutional buyers. Allotment results were announced on September 20, and the shares are scheduled to list on the NSE SME platform on September 24.
The Deccan Transcon Leasing IPO was heavily oversubscribed, receiving bids for approximately 10 times the number of shares on offer. The retail investor category had the strongest demand, with subscriptions reaching 127.18 times. Non-Institutional Investors (NIIs) also showed strong interest, with a subscription rate of 147.76 times. Qualified Institutional Buyers (QIBs) subscribed 42.07 times. In terms of allocation, 24.01% of the shares were allotted to QIBs, 14.18% to NIIs, 33.08% to Retail Investors, and 23.25% to Anchor Investors.
The IPO price band was set at Rs 102-108 per share. Retail investors could invest a minimum of Rs 129,600, while High Net-Worth Individuals (HNIs) were required to invest at least Rs 259,200. Established in 2007, Deccan Transcon Leasing is a leading provider of tank container leasing services and comprehensive supply chain solutions, catering to clients across a variety of industries, offering tailored solutions to meet their specific needs.
21 September 2024
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