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Deccan Transcon Leasing Limited IPO (Deccan Transcon Leasing IPO) Details
Deccan Transcon Leasing Limited
Deccan Transcon Leasing IPO's overview
Deccan Transcon Leasing IPO is a book built issue of ₹65.06 Cr (65,05,92,000). The issue is a combination of fresh issue of 55.24 Lakh (55,24,000) shares aggregating to ₹59.66 Cr (59,65,92,000) and offer for sale of 5.00 Lakh (5,00,000) shares aggregating to ₹5.40 Cr (5,40,00,000).
Deccan Transcon Leasing IPO bidding started from Sep 13, 2024 and ended on Sep 18, 2024. The allotment for Deccan Transcon Leasing IPO was finalized on Sep 19, 2024. The shares got listed on NSE on Sep 23, 2024.
Deccan Transcon Leasing IPO price band is set at ₹102 to ₹108 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1.22 Lakh (1,22,400).
Refer to Deccan Transcon Leasing IPO RHP for detailed information.
IPO date
Sep 13,2024 - Sep 18,2024
Listing Date
Sep 23,2024
Face value
₹10
Price Band
₹102 to ₹108 per share
Lot
₹1200 Shares
Total Issue Size
60.24 Lakh (60,24,000)
aggregating up to ₹65.06 Cr (65,05,92,000)
Fresh Issue
55.24 Lakh (55,24,000)
aggregating up to ₹59.66 Cr (59,65,92,000)
Offer for sale
5.00 Lakh (5,00,000)
aggregating up to ₹5.40 Cr (5,40,00,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Fri, Sep 13, 2024
IPO Open
Wed, Sep 18, 2024
IPO Close
Thu, Sep 19, 2024
Basis of Allotment
Fri, Sep 20, 2024
Initiation of Refunds
Fri, Sep 20, 2024
Credit of Shares to Demat
Mon, Sep 23, 2024
Listing
Deccan Transcon Leasing IPO Day-wise IPO GMP Trend
Deccan Transcon Leasing IPO last GMP is ₹55, last updated Sep 22,2024. With the price band of 108.00, Deccan Transcon Leasing IPO's estimated listing price is ₹163 (cap price + today's GMP).The expected percentage gain/loss per share is 50.93%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 22-Sep-24 | 108.00 | 55 | 163(50.93%) | 22-Sep-2024 17:01 |
| 21-Sep-24 | 108.00 | 55 | 163(50.93%) | 21-Sep-2024 23:23 |
| 20-Sep-24 | 108.00 | 55 | 163(50.93%) | 20-Sep-2024 23:26 |
| 19-Sep-24 | 108.00 | 55 | 163(50.93%) | 19-Sep-2024 23:23 |
| 18-Sep-24 | 108.00 | 55 | 163(50.93%) | 18-Sep-2024 23:31 |
| 17-Sep-24 | 108.00 | 55 | 163(50.93%) | 17-Sep-2024 23:26 |
| 16-Sep-24 | 108.00 | 55 | 163(50.93%) | 16-Sep-2024 23:24 |
| 15-Sep-24 | 108.00 | 55 | 163(50.93%) | 15-Sep-2024 23:28 |
| 14-Sep-24 | 108.00 | 55 | 163(50.93%) | 14-Sep-2024 23:25 |
| 13-Sep-24 | 108.00 | 55 | 163(50.93%) | 13-Sep-2024 23:29 |
| 12-Sep-24 | 108.00 | 45 | 153(41.67%) | 12-Sep-2024 23:32 |
| 11-Sep-24 | 108.00 | 30 | 138(27.78%) | 11-Sep-2024 23:23 |
| 10-Sep-24 | 108.00 | 10 | 118(9.26%) | 10-Sep-2024 23:32 |
| 09-Sep-24 | 0 | (0.00%) | 9-Sep-2024 11:32 |
Deccan Transcon Leasing IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.30 Lakh (1,29,600) |
Retail(Max) | 1 | 1,200 | ₹1.30 Lakh (1,29,600) |
HNI(Min) | 2 | 2,400 | ₹2.59 Lakh (2,59,200) |
About Deccan Transcon Leasing Limited
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 categories
- Leasing of Containers
- Shipping & Freight forwarding
The 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 relationship
- Latest 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.
Deccan Transcon Leasing IPO's documents
Deccan Transcon Leasing Limited Contact Details
Deccan Transcon Leasing Limited
Suite No 507, 5th floor
Image Capital Park, Image Garden Road
Madhapur, Shaikpet, Hyderabad- 500081
Phone: 040-40146828
Email: [email protected]
Website: https://www.deccantrans.com/
Deccan Transcon Leasing IPO's Promoters
The company's promoters are Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev and Navaneeth Jaidev.