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Deccan Transcon Leasing Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹108
Per Share
GMP
NIL
Grey Market
Est. Listing
₹108
Expected Price
Min. Application
₹259,200
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹108 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size60,24,000 shares (aggregating up to ₹65.06 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 13 Sep 2024
Subscription CloseThu, 19 Sep 2024
Anchor AllotmentThu, 12 Sep 2024
Basis of AllotmentFri, 20 Sep 2024
Initiation of RefundsMon, 23 Sep 2024
Credit of Shares to DematMon, 23 Sep 2024
Listing DateTue, 24 Sep 2024
UPI Mandate Deadline2024-09-19
Application & Investment Details
Retail — Min (1 Lots)₹1,29,600 — 1,200 shares
Retail — Max (13 Lots)₹1,684,800 (13 Lots)
HNI — Min (2 Lots)₹2,59,200 — 2,400 shares
EPS (Pre-IPO)₹6.87
EPS (Post-IPO)₹5.20
P/E Ratio (Pre-IPO)15.72x
P/E Ratio (Post-IPO)20.76x
Net Offer to Public56,94,000 shares (aggregating up to ₹61.50 Cr)
Reserved for Market Maker3,30,000 shares (aggregating up to ₹3.56 Cr)
Pre-IPO Promoter Holding1,71,99,448 shares
Post-IPO Promoter Holding2,27,23,448 shares
Fresh Issue Shares51,94,000 shares (aggregating up to ₹56.10 Cr)
Offer for Sale Shares5,00,000 shares of ₹10 (aggregating up to ₹5.40 Cr)
About Deccan Transcon Leasing Ltd

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 categoriesLeasing of ContainersShipping & Freight forwardingThe 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 relationshipLatest 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.

Objects of the Issue

Deccan Transcon Leasing Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding capital expenditure requirements towards procurement of Tank Containers.
2
Funding working capital requirements of the Company; and
3
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,71,99,448 shares
Post-IPO Promoter Holding 2,27,23,448 shares
Check AllotmentCheck Status →
Deccan Transcon Leasing Ltd — Live Price LIVE
₹108.00
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Issue ₹108.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹108
GMPNIL
Est. Listing₹108
Lot Size1,200 shares
Min Amount₹259,200
Listing Date24 Sep 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹108
Listing Date24 Sep 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 330,000 ₹3.56 Cr
TOTAL 6,024,000 100.00% ₹65.06 Cr
* Based on ₹108.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹108.00
Per Share
Min Investment
₹129,600
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹129,600
Retail (Max) 13 15,600 ₹1,684,800
sNII (Min) 14 16,800 ₹1,814,400
bNII (Min) 68 81,600 ₹8,812,800
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars31 Mar 2024 31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 15363.76 18061.76 15319.40
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1181.89 855.70 519.10
Net Worth 3221.32 2028.26 1207.59
Total Assets 7721.58 5407.72 3924.64
Reserves & Surplus 1501.37 1808.26 987.59
Total Borrowings 2309.55 1775.49 989.82
Key Ratios & Valuation
Issue Price ₹108
Face Value ₹10 Per Share
P/BV 5.77
RoE 45.03%
RoCE 41.43%
RoNW 36.69%
PAT Margin (%) 7.75%
EBITDA Margin (%) N/A
Debt / Equity 0.72
Company Details
Company
Deccan Transcon Leasing Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
Suite No 507, 5th floor Image Capital Park, Image Garden Road Madhapur, Shaikpet, Hyderabad- 500081 Hyderabad, Telangana
Book Running Lead Managers
Unistone Capital Pvt.Ltd.
Book Running Lead Manager (BRLM)