Deccan Transcon Leasing IPO Logo

Deccan Transcon Leasing IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Sep 13 to Sep 19 2024
Price Band ₹102 - 108
Current GMP ₹116(7.41%)
Subscription 101.98 times

IPO Details

IPO Date
September 13, 2024 to September 19, 2024
Listing Date
Tuesday, September 24, 2024
Face Value
₹10 per share
Price Band
₹102 to ₹108 per share
Lot Size
1200 Shares
Total Issue Size
6,024,000 shares (aggregating up to ₹65.06 Cr)
Fresh Issue
5,524,000 shares (aggregating up to ₹59.66 Cr)
Offer for Sale
500,000 shares of ₹10 (aggregating up to ₹5.40 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
17,199,448
Share holding post issue
22,723,448
Market Maker portion
330,000 shares Giriraj Stock Broking

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
42.07
Non-Institutional Buyers***
147.56
Retail Investors
125.94
Total **
101.98

Day Wise Sub

DayDay 1 Sep 13, 2024
QIB2.97
NII*3.88
Retail4.74
Total3.97
DayDay 2 Sep 16, 2024
QIB2.97
NII*7.88
Retail19.26
Total11.51
DayDay 3 Sep 17, 2024
QIB2.97
NII*21.83
Retail49.36
Total28.26
DayDay 4 Sep 18, 2024
QIB2.97
NII*31.93
Retail69.19
Total39.47
DayDay 5 Sep 19, 2024
QIB42.07
NII*147.56
Retail125.94
Total101.98

Day Wise GMP

Date24-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date23-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date22-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date21-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date20-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date19-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date18-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date17-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date16-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date15-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date14-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date13-09-2024
Price108.00
GMP55(50.93%)
Estimate List Price163
Date12-09-2024
Price108.00
GMP45(41.67%)
Estimate List Price153
Date11-09-2024
Price108.00
GMP30(27.78%)
Estimate List Price138
Date10-09-2024
Price108.00
GMP10(9.26%)
Estimate List Price118

IPO Important Dates

IPO Open Date
Friday, September 13, 2024
IPO Close Date
Thursday, September 19, 2024
Basis of Allotment
Friday, September 20, 2024
Initiation of Refunds
Monday, September 23, 2024
Credit of Shares to Demat
Monday, September 23, 2024
Listing Date
Tuesday, September 24, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 19, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1200
Amount₹129,600
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹129,600
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹259,200

Financial Information

Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20247,721.58
31 Mar 20235,407.72
31 Mar 20223,924.64
Period EndedRevenue
31 Mar 202415,363.76
31 Mar 202318,061.76
31 Mar 202215,319.4
Period EndedProfit After Tax
31 Mar 20241,181.89
31 Mar 2023855.7
31 Mar 2022519.1
Period EndedNet Worth
31 Mar 20243,221.32
31 Mar 20232,028.26
31 Mar 20221,207.59
Period EndedReserves and Surplus
31 Mar 20241,501.37
31 Mar 20231,808.26
31 Mar 2022987.59
Period EndedTotal Borrowing
31 Mar 20242,309.55
31 Mar 20231,775.49
31 Mar 2022989.82

Key Performance Indicator

ROE
45.03%
ROCE
41.43%
Debt/Equity
0.72
RoNW
36.69%
P/BV
5.77
PAT Margin (%)
7.75
EPS (Rs)
6.87

IPO Reservation

Anchor Investor Shares Offered
14,00,400 (23.25%)
Market Maker Shares Offered
3,30,000 (5.48%)
QIB Shares Offered
14,46,600 (24.01%)
NII (HNI) Shares Offered
8,54,100 (14.18%)
Retail Shares Offered
19,92,900 (33.08%)
Total Shares Offered
60,24,000 (100%)

Information about company

Incorporated in February 2007 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. Competitive Strengths: With a global footprint, the company can offer its 129 services to clients across various continents and economic regions. Large Customer base with long-term relationship Latest solutions in logistics technology, such as advanced tracking systems, placing service orders, digital platforms for customer interaction and transaction processing. Providing end-to-end logistics services. As of July 31, 2024,the company had 84 employees.

Objectives of IPO

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

Disclaimer

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