IPO Issue Details
Issue Price / Price Band₹72 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size14,00,000 shares (aggregating up to ₹10.08 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 29 Sep 2025
Subscription CloseWed, 01 Oct 2025
Anchor AllotmentSun, 28 Sep 2025
Basis of AllotmentMon, 03 Nov 2025
Initiation of RefundsMon, 06 Oct 2025
Credit of Shares to DematThu, 06 Nov 2025
Listing DateTue, 07 Oct 2025
UPI Mandate Deadline2025-10-01
Application & Investment Details
Retail — Min (2 Lots)₹2,30,400 — 3,200 shares
Retail — Max (13 Lots)₹1,497,600 (13 Lots)
HNI — Min (3 Lots)₹3,45,600 — 4,800 shares
EPS (Pre-IPO)₹6.86
EPS (Post-IPO)₹4.41
P/E Ratio (Pre-IPO)10.49x
P/E Ratio (Post-IPO)16.32x
Net Offer to Public13,29,600 shares (aggregating up to ₹9.57 Cr)
Reserved for Market Maker70,400 shares (aggregating up to ₹0.5069 Cr)
Pre-IPO Promoter Holding25,20,000 shares
Post-IPO Promoter Holding39,20,000 shares
About Dhillon Freight Carrier Ltd
M/s Dhillon Freight Carrier offers logistics solution services, particularly road transportation. It is a goods transport agency offering parcel/less than truck-load (LTL), contract logistics, and fleet rental/fleet leasing services to industries.Products/Services:Parcel/Less than Truck-Load (LTL):Contract LogisticsFleet Rental/Fleet Leasing ServicesIt serves both B2B and B2C customers across the states of West Bengal, Bihar, Delhi, and Uttar Pradesh.The company has an in-house fleet of 62 vehicles. It operates through a network of 22 booking offices, pickup facilities, warehouses, delivery offices, and agency networks.StrengthsDiversified range of logistics servicesDiverse customer base across industries, i.e., Apparel, engineering goods, electrical hardware, footwear, paints, etc.Diverse fleet of 62 owned vehiclesYoung & modern fleet focusing on electric three-wheelers
Objects of the Issue
Dhillon Freight Carrier Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Purchase of Goods Transportation Vehicles and its Fabrication
7.67
2
General Corporate Expenses
1.09
Shareholding & Lock-in
Pre-IPO Promoter Holding
25,20,000 shares
Post-IPO Promoter Holding
39,20,000 shares