Deccan Transcon Leasing Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,846,400 (47%) | — | ₹3,074 Cr |
| NII (HNI) | — | 854,400 (14%) | — | ₹923 Cr |
| Retail | — | 1,993,200 (33%) | — | ₹2,153 Cr |
| Market Maker | — | 330,000 (5%) | — | ₹36 Cr |
| Σ Total | — | 6,024,000 (100%) | — | ₹65,059 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹129,600 |
| Retail (Max) | 13 | 15,600 | ₹1,684,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,814,400 |
| B-HNI (Min) | 67 | 80,400 | ₹8,683,200 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 15,364 | 18,062 | 15,319 |
| Profit After Tax | 1,182 | 856 | 519 |
| Net Worth | 3,221 | 2,028 | 1,208 |
| Total Assets | 7,722 | 5,408 | 3,925 |
| Reserves & Surplus | 1,501 | 1,808 | 988 |
| Total Borrowing | 2,310 | 1,775 | 990 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding capital expenditure requirements towards procurement of Tank Containers. –
- Funding working capital requirements of the Company; and –
- General corporate purposes –
Company Overview
Incorporated in February 2007 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.
Competitive Strengths:
- With a global footprint, the company can offer its 129 services to clients across various continents and economic regions.
- Large Customer base with long-term relationship
- Latest solutions in logistics technology, such as advanced tracking systems, placing service orders, digital platforms for customer interaction and transaction processing.
- Providing end-to-end logistics services.
As of July 31, 2024,the company had 84 employees.