Deccan Transcon Leasing IPO Date, Review, Price, Allotment Details

Deccan Transcon Leasing IPO is opening for subscription on September 13, 2024, and closing on September 18, 2024. This NSE SME IPO aims to raise ₹65.06 Crores, consists of ₹59.66 Cr fresh issue and ₹5.40 Crore offer for saleof 5,00,000 equity shares, each with a face value of ₹10. The price band for the Deccan Transcon Leasing IPO is fixed at ₹102 – ₹108 Per Share, with a market lot of 1200 share.The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI).  Deccan Transcon Leasing IPO Allotment will done on September 19, 2024, and Deccan Transcon Leasing IPO listing date is September 23, 2024.

 

Deccan Transcon Leasing Company Profile

Founded in February 2007, Deccan Transcon Leasing Limited specializes in comprehensive freight and shipping solutions. Their services encompass domestic logistics for tank containers, tank fleet management, customs brokerage, transportation, and Non-Vessel Operating Common Carrier (NVOCC) services. The company focuses on tank container rental, logistics, and supply chain solutions across various sectors, with a particular expertise in transporting bulk liquids and hazardous chemicals.

Key Strengths

One of Deccan Transcon’s core advantages is its extensive agency network, developed through years of industry experience. This network provides access to shippers worldwide, allowing the company to fulfill global logistical needs effectively. Additionally, their strong partnerships and global coverage through subsidiaries and affiliates enable them to deliver complete end-to-end logistics solutions.

Subsidiaries and Associates

• Deccan Shipping & Logistics SND. BHD (DSLSB): A subsidiary that offers shipping and logistics services through leased tanks, including those leased by Deccan Transcon.
• King Star Freight Private Limited (KSFPL): Established in 2016, KSFPL is an associate company in which Deccan Transcon holds a 47.50% stake. It provides transportation and logistics services.

IPO Strengths

• Established business with a long track record.
• Strong, enduring customer relationships.
• Experienced management team with domain expertise and a professional workforce.
• Global reach through a well-developed network of agents.
• Capability to provide comprehensive end-to-end logistics solutions.

 

Deccan Transcon Leasing IPO GMP

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Deccan Transcon Leasing IPO Objectives

The funds raised through the IPO will be utilized for:

1. Financing capital expenditures for the procurement of tank containers.
2. Supporting the company’s working capital needs.
3. Addressing general corporate purposes.

 

Deccan Transcon Leasing IPO Key Details

• Deccan Transcon Leasing IPO Open Date: September 13, 2024
• Deccan Transcon Leasing IPO Close Date: September 18, 2024
• Deccan Transcon Leasing IPO Size: Approximately ₹65.06 Crores, 5,00,000 Equity Shares
• Face Value: ₹10 Per Equity Share
• Deccan Transcon Leasing IPO Price Band: ₹102 – ₹108 Per Equity Share
• Deccan Transcon Leasing IPO Listing on: NSE SME IPO
• Retail Quota: 35% of the net offer
• QIB Quota: 50% of the net offer
• HNI Quota: 15% of the net offer

 

Deccan Transcon Leasing IPO Timeline

• Deccan Transcon Leasing IPO Open Date: September 13, 2024
• Deccan Transcon Leasing IPO Close Date: September 18, 2024
• Basis of Allotment: September 19, 2024
• Refunds: September 20, 2024
• Credit to Demat Account: September 20, 2024
• Deccan Transcon Leasing IPO Listing Date: September 23, 2024

 

How to Apply for Deccan Transcon Leasing IPO

Investors can apply for the Deccan Transcon Leasing IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

 

Deccan Transcon Leasing Financial Performance (in Crores)

• Year 2022: Revenue ₹153.19, Expense ₹146.69, Profit After Tax ₹5.19, Assets ₹39.25
• Year 2023: Revenue ₹180.62, Expense ₹171.19, Profit After Tax ₹8.56, Assets ₹54.08
• Year 2024: Revenue ₹153.64, Expense ₹139.51, Profit After Tax ₹11.82, Assets ₹77.22

 

Deccan Transcon Leasing Valuation FY2024

• Return on Equity (ROE): 45.03%
• Return on Capital Employed (ROCE): 41.43%
• EBITDA Margin: 12.47%
• PAT Margin: 7.75%
• Debt to Equity Ratio: 0.72
• Earnings Per Share (EPS): ₹6.87 (Basic)
• Return on Net Worth (RoNW): 36.69%
• Net Asset Value (NAV): ₹18.73

 

Deccan Transcon Leasing Peer Group

• Lancer Container Lines Ltd: EPS: 2.65, PE Ratio: 17.66, RoNW: 14.58%, NAV: 21.13, Income: ₹633.41 Crores
• S J Logistics (India) Ltd: EPS: 20.03, PE Ratio: 29.01, RoNW: 20.18%, NAV: 105.27, Income: ₹270.86 Crores

 

Deccan Transcon Leasing Company Promoters

• Jaidev Menon Parath
• Karthika Menon
• Miriyala Shekhar
• Pranav Jaidev
• Navaneeth Jaidev

 

Deccan Transcon Leasing IPO Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: deccantranscon.ipo@linkintime.co.in

Deccan Transcon Leasing IPO Allotment Status Check

• Check the Deccan Transcon Leasing IPO allotment status on the Link Intime Indiawebsite.

 

Deccan Transcon Leasing IPO Allotment Link

• Check the Deccan Transcon Leasing IPO allotment on the Check Ipo Allotment website.

 

Deccan Transcon Leasing IPO Lead Managers (Merchant Bankers)

• Unistone Capital Private Limited

Deccan Transcon Leasing Company Address

Suite No 507, 5th floor,
Image Capital Park, Image Garden Road,
Madhapur, Shaikpet,
Hyderabad,Telangana-500 081 India
Website: https://www.deccantrans.com/
Phone: 040-40146828
Email: compliance@deccantrans.com

Deccan Transcon Leasing IPO FAQs

What is Deccan Transcon Leasing IPO?

Deccan Transcon Leasing IPO is an NSE SME IPO. They are going to raise ₹65.06 Crores via IPO. The issue is priced at ₹102 – ₹108 Per equity share. The IPO is to be listed on NSE.

 

When will the Deccan Transcon Leasing IPO open?

The IPO is to open on September 13, 2024, for NII, and Retail Investors.

 

What is Deccan Transcon Leasing IPO Investors Portion?

The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.

 

How to Apply for the Deccan Transcon Leasing IPO?

You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply Gala Precision Engineering IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

 

How to Apply the Deccan Transcon Leasing IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Deccan Transcon Leasing IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is Deccan Transcon Leasing IPO Size?

Deccan Transcon Leasing IPO size is ₹65.06 Crores.

 

What is Deccan Transcon Leasing IPO Price Band?

Deccan Transcon Leasing IPO Price Band is ₹102 – ₹108 Per equity share.

 

What is Deccan Transcon Leasing IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 share with ₹129,600.

 

What is Deccan Transcon Leasing IPO Allotment Date?

Deccan Transcon Leasing IPO allotment date is September 19, 2024.

 

What is Deccan Transcon Leasing IPO Listing Date?

Deccan Transcon Leasing IPO listing date is September 23, 2024. The IPO to list on NSE SME IPO.