DECCAN TRANSCON LEASING LIMITED
Bookbuilding IPO · NSE
- Price band
- ₹102 - ₹108
- Lot size
- 1,200 shares
- Issue amount
- ₹65.06 cr
- Total subscription
- 106.33×
- Opens
- 13 Sept 2024
- Closes
- 19 Sept 2024
- Allotment
- 20 Sept 2024
- Listing
- 24 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 60,24,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,22,400
- Fresh issue
- ₹56.1 cr
- Offer for sale
- ₹5.4 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,29,600
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,71,99,448
- Shares after issue
- 2,27,23,448
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,29,600 |
| HNI | 2 | 2,400 | ₹2,59,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 15.62 | 657.21 |
| RETAIL | 21.52 | 2,893.16 |
| NIB | 9.22 | 1,380.11 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 6.87 | 5.07 | 3.08 |
| ROE | 45.03 | 52.89 | 53.6 |
| ROCE | 41.43 | 43.22 | 40.26 |
| RONW | 36.69 | 42.19 | 42.99 |
| PRE IPO(PE) | 15.72 | 0 | 0 |
| POST IPO(PE) | 20.76 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Deccan Transcon Leasing Limited, established in February 2007, specializes in leasing tank containers and offering end-to-end freight and shipping solutions, including logistics, customs clearance, and NVOCC services. With a strong global presence across 40 countries, the company serves a wide range of industries, including chemicals, pharmaceuticals, FMCG, and agriculture. It has a diverse customer base with over 100 long-term clients and utilizes advanced logistics technologies to ensure smooth operations. As of July 31, 2024, Deccan Transcon employed 84 people and had successfully served more than 5,000 customers.
Strengths
- Strong Global Reach: Deccan Transcon operates across multiple continents, managing logistics in 40 countries, ensuring a solid international presence.
- All-in-One Logistics Solutions: From container leasing and freight forwarding to tank fleet management and customs clearance, Deccan Transcon provides end-to-end logistics services, making it a convenient choice for clients.
- Trusted by Clients: With over 100 long-term customers (3+ years) and a track record of serving 5,000+ clients, the company has built strong and lasting relationships in the industry.
Risk factors
- Reliance on Chemicals & Petrochemicals: A large part of the company’s revenue comes from these industries, so any downturn in these sectors could impact business performance.
- Credit Challenges: The company has been giving customers extended credit periods, which might put pressure on cash flow and increase the risk of delayed payments.
- Regulatory Considerations: Even though the company has "Leasing" in its name, it is not classified as an NBFC under RBI rules. However, future regulatory changes could require additional compliance efforts or restrictions.
Promoters
Jaidev Menon Parath
Karthika Menon
Miriyala Shekhar
Pranav Jaidev
Navaneeth Jaidev
Registrar & documents
Lead manager
Unistone Capital Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Suite No 507, 5th floor, Image Capital Park, Image Garden Road, Madhapur, Shaikpet, Hyderabad- 500081
040-40146828
[email protected]Company website ↗Understanding DECCANTRAN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.