Deccan Transcon Leasing IPO
Deccan Transcon Leasing is an NSE SME IPO listed on the NSE SME platform, priced at ₹102–₹108 per share. The stock debuted at ₹116, delivering a listing gain of 7.4%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,29,600.
Deccan Transcon Leasing Limited IPO
- IPO Dates
- Sep 13, 2024 – Sep 19, 2024
- Price band
- ₹102-108 per equity share
- Minimum Investment
- ₹1,29,600
- Issue size
- ₹65.06 Cr
- Lot size
- 1200
- Allotment Date
- Sep 20, 2024
- Listing
- Sep 24, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 13, 2024
Open Date
Completed
-
Sep 19, 2024
Close Date
Completed
-
Sep 20, 2024
Allotment Date
Completed
-
Sep 24, 2024
Listing Date
Completed
Deccan Transcon Leasing IPO Essentials
Deccan Transcon Leasing IPO Details
Deccan Transcon Leasing IPO is priced at ₹102-108 per share with a total issue size of 65.06 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹102-108 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 6,024,000 shares(aggregating up to ₹65.06 Cr)
- Total issue size
- 60,24,000 shares
(aggregating up to ₹65.06 crore) - Fresh issue
- 55,24,000 shares
(aggregating up to ₹59.66 crore) - Offer for sale (OFS)
- 5,00,000 shares
(aggregating up to ₹5.4 crore) - Listing at
- NSE SME
- List price
- 116.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Unistone Capital Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,29,600 |
| Retail(max) | 1 | 1200 | ₹1,29,600 |
| NII (min) | 2 | 2400 | ₹2,59,200 |
Deccan Transcon Leasing IPO Reservation
Deccan Transcon Leasing IPO reservation details show category-wise allocation of shares. Out of the total 60,24,000 shares, approximately 24.01% are reserved for QIB, 14.18% for NII, 33.08% for retail investors, 5.48% for market maker, and 23.25% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 14,00,400 (23.25%) | |
| Market Maker Shares Offered | 3,30,000 (5.48%) | |
| QIB Shares Offered | 14,46,600 (24.01%) | |
| NII (HNI) Shares Offered | 8,54,100 (14.18%) | |
| Retail Shares Offered | 19,92,900 (33.08%) | |
| Total Shares Offered | 60,24,000 (100%) |
Deccan Transcon Leasing IPO Analytics
Deccan Transcon Leasing IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Deccan Transcon Leasing IPO Subscription Status
Deccan Transcon Leasing IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,446,600 / 854,100 | 1,992,900 | 4,293,600 |
|
Day 1
13-09-24 06:00 PM
|
(2.97 / 3.88) x | 4.74 x | 3.97 x |
|
Day 2
16-09-24 06:00 PM
|
(2.97 / 7.88) x | 19.26 x | 11.51 x |
|
Day 3
17-09-24 06:00 PM
|
(2.97 / 21.83) x | 49.36 x | 28.26 x |
|
Day 4
18-09-24 06:00 PM
|
(2.97 / 31.93) x | 69.19 x | 39.47 x |
|
Day 5
19-09-24 06:00 PM
|
(42.08 / 147.84) x | 125.61 x | 101.91 x |
Deccan Transcon Leasing Valuations
Earnings
- EPS Pre IPO
- ₹6.87/-
- EPS Post IPO
- ₹5.2/-
- P/E Pre IPO
- 15.72
- P/E Post IPO
- 20.76
Returns
- ROE
- 45.03%
- ROCE
- 41.43%
- RoNW
- 36.69%
- PAT Margin
- 7.75
Fundamentals
- Debt / Equity
- 0.72
- Price / Book
- 5.77
Deccan Transcon Leasing Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 7,721.58 | 5,407.72 | 3,924.64 |
| Revenue | 15,363.76 | 18,061.76 | 15,319.4 |
| Profit After Tax | 1,181.89 | 855.7 | 519.1 |
| Net Worth | 3,221.32 | 2,028.26 | 1,207.59 |
| Reserves & Surplus | 1,501.37 | 1,808.26 | 987.59 |
| Total Borrowing | 2,309.55 | 1,775.49 | 989.82 |
Deccan Transcon Leasing Company & Offer Insights
About Deccan Transcon Leasing
In February 2007, Deccan Transcon Leasing Limited provided tank containers on lease and logistic and supply chain solutions to clients from diversified sectors.
Comprehensive freight and shipping solutions by the company include domestic tank container logistics, tank fleet management, customs clearance and transportation, and Non-Vessel Operating Common Carriers (NVOCC) services.
By July 31, 2024, the company had more than 100 customers associated with it for over 3 years. More than 884 customers have also been served by the company within the last year.The company has managed to set a track record of serving more than 5,000 customers.
The company offers its services into two categories:
Leasing of Containers
Shipping & Freight forwarding
The company mainly serves customers in the industries of chemicals, pharmaceuticals, FMCG, agriculture, and others with a focus on specialty chemicals and petrochemicals in 40 countries.
The company has agencies spread over regions like Europe, Asia, Oceania, South America, Africa, and the USA. The agencies operate logistics activities on an agency basis for both inward and outward cargo movement. They are liable to perform all the operations and documentation work concerning cargo movement between the regions above.
As of July 31, 2024, the company had 84 employees.
Deccan Transcon Leasing Promoter(s)
Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev, Navaneeth Jaidev are the company's promoters of Deccan Transcon Leasing.
Deccan Transcon Leasing IPO Issue Objectives
- •
- Funding capital expenditure requirements towards procurement of Tank Containers.
- •
- Funding working capital requirements of the Company
- •
- General corporate purposes
Deccan Transcon Leasing IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Deccan Transcon Leasing Limited | 6.87 | 6.87 | 18.73 | N/A | 36.69 | N/A | Consolidated |
| Lancer Container Lines Ltd | 2.65 | 2.7 | 21.13 | 17.66 | 14.58 | N/A | Consolidated |
| S J Logistics (india) Limited | 20.03 | 20.03 | 29.01 | 105.27 | 20.18 | N/A | Consolidated |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE/BSE website on August 27, 2024, divided by the Diluted EPS for March 31, 2024.
- RoNW is computed as net profit after tax divided by the net worth. Net worth has been computed as sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
Contact Information
Contact Details
Deccan Transcon Leasing
040-40146828
Suite No 507, 5th floor, Image Capital Park, Image Garden Road, Madhapur, Shaikpet, Hyderabad- 500081
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Deccan Transcon Leasing IPO is a book-built IPO worth ₹65.06 crore. The price band is ₹102–₹108 per share. The IPO opens on Sep 13, 2024 and closes on Sep 19, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Deccan Transcon Leasing IPO is ₹102 to ₹108 per share.
The lot size of Deccan Transcon Leasing IPO is 1200 shares.
The minimum investment for Deccan Transcon Leasing IPO is approximately ₹1,29,600 based on the upper price band .
Deccan Transcon Leasing IPO opens on Sep 13, 2024 and closes on Sep 19, 2024.
The allotment date of Deccan Transcon Leasing IPO is Sep 20, 2024.
Deccan Transcon Leasing IPO is expected to be listed on Sep 24, 2024, on NSE SME Platform.
Deccan Transcon Leasing IPO valuation snapshot: P/E 20.76, EPS ₹5.2/-, P/B 5.77, RoNW 36.69%, and market cap N/A.
To apply for Deccan Transcon Leasing IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Deccan Transcon Leasing IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Deccan Transcon Leasing IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Deccan Transcon Leasing IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Deccan Transcon Leasing IPO allotment status on IPO Ji for quick and easy access.