IPO

Dhillon Freight Carrier Limited IPO

BSE SME Allotment Out

Offer Date: Sep 29, 2025 - Oct 1, 2025

₹ 230400 /3200 Shares
*Min Investment

Check Allotment

29 Sep, 2025

Open Date

01 Oct, 2025

Close Date

03 Oct, 2025

Allotment Date

07 Oct, 2025

Listing Date
Dhillon Freight Carrier IPO Live Subscription Details
Retail 4.88x
NII 1.06x
Total 2.97x
Last updated: 01 Oct 2025, 06:55 PM
Dhillon Freight Carrier IPO Issue Details
  • Issue Price ₹72 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Size
    • Total Size 14,00,000 shares(aggregating up to ₹10.08 crore)
    • Fresh Share 14,00,000 shares(aggregating up to ₹10.08 crore)
    • Listing at BSE SME
    • Lead Manager Finshore Management Services Ltd.
    • Registrar Kfin Technologies Ltd.
Market Lot Size

Investors can bid for a minimum of 3200 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.

ApplicationLotsSharesAmount
Retail (min)23200₹230400
Retail(max)23200₹230400
SHNI(min) 34800₹345600
SHNI(max) 70₹0
BHNI(min) 80₹0
Dhillon Freight Carrier IPO Reservation

Dhillon Freight Carrier IPO offers total 14,00,000 shares. Out of which NA (NA%) allocated to QIB, 6,65,600 (47.54%) allocated to NII,6,64,000 (47.43%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Market Maker Shares Offered70,400 (5.03%)
NII (HNI) Shares Offered6,65,600 (47.54%)
Retail Shares Offered6,64,000 (47.43%)
Total Shares Offered14,00,000 (100%)
Dhillon Freight Carrier IPO Documents
Dhillon Freight Carrier IPO Details


Dhillon Freight Carrier Limited IPO is an SME IPO, priced at ₹72 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 14,00,000 equity shares, aggregating up to ₹10.08 crores..

The IPO bidding window is open from Sep 29, 2025 to Oct 1, 2025. The allotment is expected to be finalized on Oct 3, 2025, and the tentative listing date is Oct 7, 2025.

The minimum lot size for retail investors is 3200 shares, with a minimum investment of ₹230400.

Finshore Management Services Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Ltd., and Anant Securities will act as the market maker for this issue.

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Dhillon Freight Carrier IPO Subscription Analysis And Details
Retail
4.87x
Total
2.91x
As onQIB / NIIRetailTotal
Shares Offered / Reserved6,65,6006,64,00013,29,600
Day 1 29-09-25 06:00 PM
0.11 x0.54 x0.33 x
Day 2 30-09-25 06:00 PM
0.32 x1.90 x1.11 x
Day 3 01-10-25 06:00 PM
0.96 x4.87 x2.91 x

Total No of Applications
1,099
Dhillon Freight Carrier Valuations
EPS Pre IPO 6.86
EPS Post IPO 4.41
P/E Pre IPO 10.49
P/E Post IPO 16.32
ROE 39.65%
ROCE 31.77%
Debt/Equity 0.64
RoNW 33.09%
PAT Margin 6.99%
Price to Book Value 3.47
Dhillon Freight Carrier Company Financials
All values are in ₹ Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets9.719.166.78
Revenue25.2224.7329.91
Profit After Tax1.731.090.36
Net Worth5.233.501.50
Reserves & Surplus5.233.501.50
Total Borrowing3.344.804.39
About Dhillon Freight Carrier Company

M/s Dhillon Freight Carrier provides logistics solution services, specifically road transportation. It is a goods transport agency with parcel/less than truck-load (LTL), contract logistics, and fleet rental/fleet leasing services to industries.

Products/Services:
Parcel/Less than Truck-Load (LTL):
Contract Logistics
Fleet Rental/Fleet Leasing Services
It serves B2B and B2C customers in the states of West Bengal, Bihar, Delhi, and Uttar Pradesh.

The corporation maintains an internal fleet of 62 vehicles. It has a network of 22 booking offices, pick-up facilities, warehouses, delivery offices, and agency networks through which it operates.

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Dhillon Freight Carrier - Promoter(s)

Mr. Karan Singh Dhillon

Mr. Karamveer Singh Dhillon

Mrs. Joyce Singh Dhillon

Pre Issue Share Holding : 100%

Post Issue Share Holding : 64.29%

Dhillon Freight Carrier IPO - Issue Objectives
1

Purchase of Goods Transportation Vehicles and its Fabrication

2

General Corporate Expenses

Contact Details

Dhillon Freight Carrier

Chatterjee International Building, 33A Jawaharlal Nehru Road 20th Floor, Suite No. A03, Middleton Row, Kolkata, West Bengal, 700071

+91 99031 30247

cs@dfclogistics.in

http://www.dfclogistics.in/

Registrar Contact Details

Kfin Technologies Ltd.

04067162222, 04079611000

dfc.ipo@kfintech.com

https://ipostatus.kfintech.com/