Deccan Transcon Leasing Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 13, 2024 to September 18, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price | ₹ 102 to ₹ 108 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 60,24,000 shares (aggregating up to ₹ 65.06 Cr) |
| Fresh Issue | 55,24,000 shares (aggregating up to ₹ 59.66 Cr) |
| Offer for Sale | 5,00,000 shares of ₹10 (aggregating up to ₹ 5.40 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 1,71,99,448 |
| Shareholding post issue | 2,27,23,448 |
| Market Maker portion | 3,30,000 shares Giriraj Stock Broking |
About Deccan Transcon Leasing Limited IPO
Deccan Transcon Leasing Limited provides end-to-end solutions for freight & shipping services which include domestic logistics of tank containers, Tank fleet management solutions, custom clearance and transportation and Non-Vessel Operating Common Carriers (“NVOCC”) services. They are primarily engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors.
The company specializes in the transportation of bulk liquids and hazardous chemicals, primarily utilizing tank containers as a mode of transport. One of their key strengths lies in their extensive agency network, built over years of experience in the industry. This network provides them with access to shippers worldwide, enabling them to cater to the logistics needs of clients across the globe. Additionally, they have established a strong network of partners with global coverage, apart from their own subsidiary and associate company, which allows them to provide complete, end-to-end logistics solutions.
Deccan Transcon Leasing IPO Summary:
• Issue Type: Book Built
• Total Issue Size: ₹65.06 crores
· Fresh Issue: ₹59.66 crores (55.24 lakh shares)
· Offer for Sale: ₹5.40 crores (5 lakh shares)
• Price Band: ₹102 to ₹108 per share
• Minimum Lot Size 1200 shares
• IPO Opening Date: September 13, 2024
• IPO Closing Date: September 18, 2024
Key Details:
• Book Running Lead Manager: Unistone Capital Pvt Ltd
• Registrar: Link Intime India Private Ltd
• Market Maker: Giriraj Stock Broking
Deccan Transcon Leasing Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Company & Financials
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:
1. Leasing of Containers
2. Shipping & Freight forwarding
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 Limited IPO Financial Information
Latest Revenue
15,363.76
₹ Crore
Profit After Tax
1,181.89
₹ Crore
Net Worth
3,221.32
₹ Crore
Total Borrowing
2,309.55
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 7,721.58 | 15,363.76 | 1,181.89 | 3,221.32 | 2,309.55 | ||||
| 31 Mar 2023 | 5,407.72 | 18,061.76 | 855.7 | 2,028.26 | 1,775.49 | ||||
| 31 Mar 2022 | 3,924.64 | 15,319.4 | 519.1 | 1,207.59 | 989.82 | ||||
| Amount in ₹ Crore | |||||||||
IPO Estimated Listing Return
Based on the IPO Price of ₹108 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹55 and a lot size of 1200 shares.
Deccan Transcon Leasing Limited GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-09-24 | ₹108 | ₹55.0 (50.93%) | - |
Deccan Transcon Leasing Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 45.03% |
| ROCE | 41.43% |
| Debt/Equity | 0.72 |
| RoNW | 36.69% |
| P/BV | 5.77 |
| PAT Margin (%) | 7.75 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.87 | 5.2 |
| P/E (x) | 15.72 | 20.76 |
Frequently Asked Questions
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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.
Download regulatory filings
Deccan Transcon Leasing Limited IPO Timeline
| IPO Open Date | Friday, September 13, 2024 |
| IPO Close Date | Wednesday, September 18, 2024 |
| Basis of Allotment | Thursday, September 19, 2024 |
| Initiation of Refunds | Friday, September 20, 2024 |
| Credit of Shares to Demat | Friday, September 20, 2024 |
| Listing Date | Monday, September 23, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 18, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹129,600 |
| Retail (Max) | 1 | 1200 | ₹129,600 |
| HNI (Min) | 2 | 2,400 | ₹259,200 |