Deccan Transcon Leasing IPO

Deccan Transcon Leasing Ltd

₹1,22,400 /1200 sharesMinimum Investment

Deccan Transcon Leasing IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹108.00₹116.00₹8.00 (7.41%)

Deccan Transcon Leasing IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
13 Sep ‘24 - 19 Sep ‘24₹1,22,4001,200₹102 - ₹108
Issue SizeIPO Doc
65.06Cr
RHP PDF

Subscription rate

As of 19 Sep'24, 05:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total79.8987801712951x

About Deccan Transcon Leasing

Deccan Transcon Leasing provides end-to-end freight and shipping services. The company’s services include domestic logistics for tank containers, tank fleet management solutions, customs clearance, and transportation. The company also provides non-vessel operating common carrier (NVOCC) services. It primarily leases tank containers and delivers logistics and supply chain solutions. The company also claims to specialise in the transportation of bulk liquids and hazardous chemicals, largely through tank containers.;
Founded in
2007
Managing director
Mr. Jaidev Menon Parath
Parent organisation
Deccan Transcon Leasing Ltd

Strengths & Financials of Deccan Transcon Leasing

Strengths
Risks
Deccan Transcon Leasing claims to have served over 5,000 customers, and just last year over 884 customers.
The company’s clientele spans industries such as chemicals, pharmaceuticals, fast-moving consumer goods (FMCG), agriculture, and others.
Deccan Transcon Leasing has entered into agency agreements with agents in regions like Europe, Asia, Oceania, South America, Africa, and the USA. These agreements cover the logistics business, ensuring smooth cargo movement and handling all necessary operations and documentation for both inbound and outbound shipments.
The company has seen a consistent increase in profit after tax (PAT). It increased from Rs 5.19 crore in FY22 to Rs 8.56 crore in FY23 to Rs 11.82 crore in FY24.

Deccan Transcon Leasing Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Deccan Transcon Leasing IPO

Apply asPrice bandApply upto
Regular102 - 108₹2 Lakh
High Networth Individual102 - 108₹2 - 5 Lakh
For Deccan Transcon Leasing IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW