Deccan Transcon Leasing Ltd
Price Range
₹102 - ₹108
-
Min. Quantity
1,200
Closes on
19 September 2024
-
Min. investment
₹1,29,600/1,200 Shares
Deccan Transcon Leasing Ltd IPO Timeline
Deccan Transcon Leasing Limited was incorporated on February 05, 2007, at Andhra Pradesh as Libenil Logistics Private Limited', a Private Limited Company by the Registrar of Companies, Andhra Pradesh. The Company name was changed to Deccan Transcon Leasing Private Limited', vide certified dated July 12, 2013, issued by the RoC, Andhra Pradesh. The Company status then got converted into a Public Limited and the name changed to Deccan Transcon Leasing Limited' through fresh Certificate of Incorporation dated March 27, 2024, issued by the RoC to Company.
| Event | Date |
|---|---|
| Deccan Transcon Leasing Ltd IPO Opening Date | 13 September 2024 |
| Deccan Transcon Leasing Ltd IPO Closing Date | 19 September 2024 |
| Basis of Allotment | 20 September 2024 |
| Initiation of Refunds | 23 September 2024 |
| Credit of Shares to Demat | 23 September 2024 |
| Deccan Transcon Leasing Ltd IPO Listing Date | 24 September 2024 |
Deccan Transcon Leasing Ltd IPO Details
| Deccan Transcon Leasing Ltd IPO Date | 13 September 2024 to 19 September 2024 |
| Deccan Transcon Leasing Ltd IPO Face Value | ₹10 per share |
| Deccan Transcon Leasing Ltd IPO Price | ₹102 to ₹108 per share |
| Deccan Transcon Leasing Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹65.06 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹59.66 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹5.4 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Jaidev Menon Parath, Karthik Menon, Miriyala Shekhar |
Deccan Transcon Leasing Ltd IPO Lot Size
The Deccan Transcon Leasing Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,29,600).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,29,600 |
| Maximum | 1 | 1,200 | ₹1,29,600 |
- Strengths
- Risks
- Opportunities
- Long standing business track record.
- Long-standing customer relationships.
- Strong knowledge and expertise of its promoters.
- Global coverage through network of agents.
- Ability to provide end-to-end logistic solutions.
Company Financials
Deccan Transcon Leasing Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 37.65 | 99.59 | 4.35 |
| 03-2022 | 31.31 | 79.96 | 4.16 |
| 03-2021 | 22.28 | 44.11 | 2.48 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure requirements towards procurement of Tank Containers
- Funding for working capital requirements of the comany
- General corporate purposes
Deccan Transcon Leasing Ltd IPO Promoter Holding
| Pre Issue Share Holding | 34.84% |
| Post Issue Share Holding | - |
Deccan Transcon Leasing Ltd IPO Subscription Status (Bidding Detail)
The Deccan Transcon Leasing Ltd IPO is subscribed 96.2712 times on 19 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 96.2712 |
Deccan Transcon Leasing Ltd IPO Prospectus
Deccan Transcon Leasing Ltd IPO Listing Date
| BSE Script | 93017 |
| NSE Symbol | DECCANTRAN |
| Listing In | NSE - SME |
| ISIN | INE0S7C01019 |
| IPO Price | ₹108 |
| Face Value | ₹10 |
Company Contact Information
Suite # 507 5th Flr Image Cap.Park Image Garden Rd Shaikpet,Hyderabad-500081
Phone: 040-4014 6828
Email: compliance@deccantrans.com
Website: www.deccantrans.com
Deccan Transcon Leasing Ltd IPO Registrar
Deccan Transcon Leasing Ltd IPO Lead Manager(s)
- Unistone Capital Pvt Ltd
FAQ
What is the issue size of Deccan Transcon Leasing Ltd IPO?
I have pre-applied for Deccan Transcon Leasing Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.