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.
As of July 31, 2024,the company had 84 employees.
Deccan Transcon Leasing IPO – Details
| IPO Opening Date | 13 September 2024 |
| IPO Closing Date | 19 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 60,24,000 Shares Worth ₹65.06 Crore Fresh Issue: 55,24,000 Shares Worth ₹59.66 Crore Offer For Sale: 5,00,000 Shares Worth ₹5.40 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹102 – ₹108 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Deccan Transcon Leasing IPO – Date Schedule
| IPO Open Date | 13 September 2024 |
| IPO Close Date | 19 September 2024 |
| Basis of Allotment | 20 September 2024 |
| Initiation of Refund | 23 September 2024 |
| Credit of Shares to Demat Account | 23 September 2024 |
| IPO Listing Date | 24 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 19, 2024 |
Deccan Transcon Leasing IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,29,600 |
| Retail (Max) | 1 | 1200 | ₹1,29,600 |
| HNI (Min) | 2 | 2400 | ₹2,59,200 |
Competitive Strengths
- Long standing business track record.
- Long-standing customer relationships.
- Strong knowledge and expertise of our promoters.
- Global coverage through network of agents.
- Ability to provide end-to-end logistic solutions.
Company Promoters
- Jaidev Menon Parath
- Karthika Menon
- Miriyala Shekhar
- Pranav Jaidev
- Navaneeth Jaidev
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 153.19 | 146.69 | 5.19 | 9.89 |
| 31 March 2023 | 180.61 | 171.19 | 8.55 | 17.75 |
| 31 March 2024 | 153.63 | 139.51 | 11.81 | 23.09 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 45.03% |
| ROCE | 41.43% |
| Debt/Equity | 0.72 |
| RoNW | 36.69% |
| P/BV | 5.77 |
| PAT Margin (%) | 7.75 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.87 | 5.2 |
| P/E (x) | 15.72 | 20.76 |
Object Of The Issue
- Funding capital expenditure requirements towards procurement of Tank Containers.
- Funding working capital requirements of the Company; and
- General corporate purposes.
Deccan Transcon Leasing IPO Promoter Holding
| Pre Issue Share Holding | 87.17% |
| Post Issue Share Holding | – |
Deccan Transcon Leasing IPO Prospectus
Company Contact Information
| Deccan Transcon Leasing Limited Suite No 507, 5th floor Image Capital Park, Image Garden Road Madhapur, Shaikpet, Hyderabad- 500081 Phone: 040-40146828 Email: compliance@deccantrans.c Website: https://www.deccantrans.com/ |
Deccan Transcon Leasing IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: deccantranscon.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
Deccan Transcon Leasing IPO Lead Manager(s)
| 1. Unistone Capital Pvt Ltd |
Deccan Transcon Leasing IPO FAQs
| What is Deccan Transcon Leasing IPO? Deccan Transcon Leasing IPO is a SME IPO. The issue is priced at ₹102 and ₹108 per equity share. The IPO is to be listed on NSE SME. |
| When Deccan Transcon Leasing IPO will open? The IPO is to open on 13 September 2024 for QIB, NII, and Retail Investors. |
| What is Deccan Transcon Leasing IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Deccan Transcon Leasing IPO? You can apply Deccan Transcon Leasing 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 the Deccan Transcon Leasing IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Deccan Transcon Leasing IPO”. Click on 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 Angle One. |
| How to Apply the Deccan Transcon Leasing IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Deccan Transcon Leasing IPO“. Click on 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 5 Paisa. |
| How to Apply the Deccan Transcon Leasing IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Deccan Transcon Leasing IPO”. Click on 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 Upstox. |
| How to Apply the Deccan Transcon Leasing IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Deccan Transcon Leasing IPO”. Click on 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 IIFL. |
| What is Deccan Transcon Leasing IPO Size? Deccan Transcon Leasing IPO size is ₹65.06 Crore. |
| What is Deccan Transcon Leasing IPO Price Band? Deccan Transcon Leasing IPO Price Band is ₹102 – ₹108. |
| What is Deccan Transcon Leasing IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1200 Shares with ₹1,29,600 amount while the maximum bid is 1200 Shares with ₹1,29,600. |
| What is the Deccan Transcon Leasing IPO Allotment Date? Deccan Transcon Leasing IPO allotment date is 20 September 2024. |
| What is the Deccan Transcon Leasing IPO Listing Date? Deccan Transcon Leasing IPO listing date is 24 September 2024. The IPO is to be listed on NSE SME. |
