Dhillon Freight Carrier Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 665,600 (48%) | — | ₹479 Cr |
| Retail | — | 664,000 (47%) | — | ₹478 Cr |
| Market Maker | — | 70,400 (5%) | — | ₹5 Cr |
| Σ Total | — | 1,400,000 (100%) | — | ₹10,080 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 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 25 | 25 | 30 |
| EBITDA | 4 | 3 | 2 |
| Profit After Tax | 2 | 1 | 0 |
| Net Worth | 5 | 4 | 2 |
| Total Assets | 10 | 9 | 7 |
| Reserves & Surplus | 3 | 1 | 1 |
| Total Borrowing | 3 | 5 | 4 |
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
- Purchase of Goods Transportation Vehicles and its Fabrication – 7.67
- General Corporate Expenses – 1.09
Company Overview
M/s Dhillon Freight Carrier offers logistics solution services, particularly road transportation. It is a goods transport agency offering 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 both B2B and B2C customers across the states of West Bengal, Bihar, Delhi, and Uttar Pradesh.
The company has an in-house fleet of 62 vehicles. It operates through a network of 22 booking offices, pickup facilities, warehouses, delivery offices, and agency networks.
Strengths
- Diversified range of logistics services
- Diverse customer base across industries, i.e., Apparel, engineering goods, electrical hardware, footwear, paints, etc.
- Diverse fleet of 62 owned vehicles
- Young & modern fleet focusing on electric three-wheelers