Deccan Transcon Leasing Limited IPO (Deccan Transcon Leasing IPO)

Deccan Transcon Leasing Limited IPO
Upcoming Deccan Transcon Leasing IPO | New Deccan Transcon Leasing IPO

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

Deccan Transcon Leasing IPO – Details

IPO Opening Date13 September 2024
IPO Closing Date19 September 2024
Issue TypeBook Built Issue IPO
Issue SizeTotal 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 Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterLink Intime India Private Ltd
QIB Shares Offered50%
Retail Shares Offered35%
NII (HNI) Shares Offered15%

Deccan Transcon Leasing IPO – Date Schedule

IPO Open Date13 September 2024
IPO Close Date19 September 2024
Basis of Allotment20 September 2024
Initiation of Refund23 September 2024
Credit of Shares to Demat Account23 September 2024
IPO Listing Date24 September 2024
Cut-off time for UPI mandate confirmation5 PM on September 19, 2024

Deccan Transcon Leasing IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)11200₹1,29,600
Retail (Max)11200₹1,29,600
HNI (Min)22400₹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

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 2022153.19146.695.199.89
31 March 2023180.61171.198.5517.75
31 March 2024153.63139.5111.8123.09
Amount in ₹ Crore

Key Performance Indicator

KPIValues
ROE45.03%
ROCE41.43%
Debt/Equity0.72
RoNW36.69%
P/BV5.77
PAT Margin (%)7.75
Pre IPOPost IPO
EPS (Rs)6.875.2
P/E (x)15.7220.76

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
Object of the issues

Deccan Transcon Leasing IPO Promoter Holding

Pre Issue Share Holding87.17%
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
Websitehttps://www.deccantrans.com/

Deccan Transcon Leasing IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: deccantranscon.ipo@linkintime.co.in
Websitehttps://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

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.
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