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SME IPO Status: Open [13th Sep 2024 to 19th Sep 2024]
Deccan Transcon Leasing IPO, a SME IPO of ₹65.06 Cr opens for subscription from 13-09-2024 to 19-09-2024. The IPO consists of ₹59.66 Cr fresh issue and ₹5.40 Cr offer for sale.
The face value is Rs 10 and the price band is fixed at 102.00-108.00 per share. You can apply to the Deccan Transcon Leasing SME IPO for a minimum lot of 1200 shares amounting of Rs 129600.
The tentative listing date on the exchange (NSE SME) is 24-09-2024.Stay tuned with us to get more details about Deccan Transcon Leasing SME IPO including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
| SME IPO Issue Opening Date: | 13th Sep 2024 |
| SME IPO Issue Closing Date: | 19th Sep 2024 |
| SME IPO Issue Price: | ₹102.00-108.00 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | NSE SME |
| Retail Quota: | Not less than 35.00% of the Net Issue |
| SME IPO Issue Type: | Book Build Issue |
| SME IPO Issue Size: | ₹65.06 Cr |
| Offer for Sale: | ₹5.40 Cr |
| Fresh Issue: | ₹59.66 Cr |
| Face Value: | ₹10 Per Equity Share |
| SME IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 87.17% |
| Promoter Holding Post IPO: |
Get important updates regarding Deccan Transcon Leasing SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| SME IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 20th Sep 2024 |
| Refunds Initiation* | 23rd Sep 2024 |
| Credit of Shares to Demat* | 23rd Sep 2024 |
| SME IPO Listing Date* | 24th Sep 2024 |
* - Tentative Dates
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹102.00-108.00 |
| Market Lot: | 1200 Shares |
| 1 Lot Amount: | ₹129600 |
| Min HNI Lots: | 2400 shares (2 lots)- ₹259200 |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 19-09-2024 | 108.00 | 55 | 50200 | ₹163 (50.93%) | 19-Sep-2024 13:23 |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Deccan Transcon Leasing Limited was founded in February 2007. The company provides end-to-end solutions for freight and shipping services which include domestic logistics of tank containers, tank fleet management solutions, customs brokerage and transportation, and Non-Vessel Operating Common Carriers (“NVOCC”) services. The company is mainly engaged in tank container rental, logistics and supply chain solutions for customers in various sectors. The company specializes in transporting bulk liquids and hazardous chemicals, primarily using tank containers as a means of transport.
One of the company's key strengths is its extensive agency network, which is based on years of experience in the industry. This network gives us access to shippers worldwide and enables us to meet the logistical requirements of customers worldwide. Furthermore, in addition to their subsidiaries and affiliates, they have built a strong network of partners with global coverage, which enables us to offer complete end-to-end logistics solutions.
This Company has a subsidiary namely Deccan Shipping & Logistics SND. BHD (“DSLSB” or “Subsidiary”). DSLSB provides shipping and logistics services through leased tanks (including those leased by us). In addition, King Star Freight Private Limited (“KSFPL” or “Associate”) was established in 2016, in which the Company holds 47.50 % of the shares. The company is active in the provision of transportation and logistics services.
| Incorporation | Sector | IPO Issue Size | Website |
| 2007 | Logistics Solution Provider | ₹65.06 Cr | https://www.deccantrans.com/ |
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:
Our experts can help you prepare for SME IPO
The table below is live update of SME IPO bidding details from NSE SME.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 1,446,600 (33.69%) | 854,100 (19.89%) | 1,992,900 (46.42%) | 4,293,600 | |
| 1 | 13th Sep 2024 19:32 | 2.97x | 3.88x | 4.74x | 3.97x |
| 2 | 16th Sep 2024 15:00 | 2.97x | 7.88x | 19.26x | 11.51x |
| 3 | 17th Sep 2024 19:31 | 2.97x | 21.83x | 49.36x | 28.26x |
| 4 | 18th Sep 2024 16:22 | 2.97x | 31.93x | 69.19x | 39.47x |
| 5 | 19th Sep 2024 12:34 | 10.78x | 54.42x | 97.04x | 59.50x |
Deccan Transcon Leasing Limited's revenue decreased by -15% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 7,721.58 | 5,407.72 | 3,924.64 | |||||||||||||||||||||||||||
| Revenue | 15,363.76 | 18,061.76 | 15,319.4 | |||||||||||||||||||||||||||
| Profit After Tax | 1,181.89 | 855.7 | 519.1 | |||||||||||||||||||||||||||
| Net Worth | 3,221.32 | 2,028.26 | 1,207.59 | |||||||||||||||||||||||||||
| Reserves and Surplus | 1,501.37 | 1,808.26 | 987.59 | |||||||||||||||||||||||||||
| Total Borrowing | 2,309.55 | 1,775.49 | 989.82 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
The table below show peer comparison from DRHP/RHP.
| Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
|---|---|---|---|---|---|---|
| Deccan Transcon Leasing Limited | 6.87 | 6.87 | 18.73 | 36.69 | Consolidated | |
| Lancer Container Lines Ltd | 2.65 | 2.7 | 21.13 | 17.66 | 14.58 | Consolidated |
| S J Logistics (india) Limited | 20.03 | 20.03 | 29.01 | 105.27 | 20.18 | Consolidated |
Last Updated on 19-Sep-2024 13:32:54
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Deccan Transcon Leasing SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Deccan Transcon Leasing SME IPO with Zerodha.
Alternate approch to apply in Deccan Transcon Leasing SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Deccan Transcon Leasing SME IPO Review and Important Updates
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To subscribe or apply in Deccan Transcon Leasing SME IPO, you can use the following methods:
| Deccan Transcon Leasing SME IPO Applying Mode | ||
| Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Deccan Transcon Leasing SME IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
| Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Deccan Transcon Leasing SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
| Online Application | ASBA | This is one of the most popular mode of applying in Deccan Transcon Leasing SME IPO. Most of the Syndicate Banks provide access to apply in Deccan Transcon Leasing IPO via ASBA process. You must have your net banking access, DP ID information to apply in Deccan Transcon Leasing SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
| Offline Application | Physical Form | You can apply in Deccan Transcon Leasing SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Deccan Transcon Leasing SME IPO Review and Important Updates
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Deccan Transcon Leasing SME IPO is going to be list on 24-09-2024.
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Deccan Transcon Leasing SME IPO Allotment Date is 20-09-2024.
Other relevant questions:
Deccan Transcon Leasing SME IPO share allotment date?Deccan Transcon Leasing SME IPO allotment date?
