Dhillon Freight Carrier Limited
Fixed Price IPO · BSE
- Price band
- ₹72 - ₹72
- Lot size
- 1,600 shares
- Issue amount
- ₹10.08 cr
- Total subscription
- 2.97×
- Opens
- 29 Sept 2025
- Closes
- 1 Oct 2025
- Allotment
- 3 Oct 2025
- Listing
- 7 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 14,00,000 shares
- Face value
- Rs.10
- Minimum investment
- ₹1,15,200
- Fresh issue
- ₹10.08 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,15,200
- Issue type
- Fixed Price IPO
- Shares before issue
- 25,20,000
- Shares after issue
- 39,20,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 3,200 | ₹2,30,400 |
| HNI | 3 | 4,800 | ₹3,45,600 |
Share reservation
Subscription & GMP
Subscription by category
Reported 1 Oct 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| NIB | 0 | 78 |
| RETAIL | 208 | 1,012 |
| HNIs (2-10L) | 139 | 75 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 4.78 | 23.32 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0 | 0 | 0 |
| ROE | 0 | 0 | 0 |
| ROCE | 31.77 | 23.48 | 15.34 |
| RONW | 33.09 | 31.25 | 23.89 |
| Pre IPO | 10.49 | 0 | 0 |
| Post IPO | 16.32 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Orissa Bengal Carrier Limited | 110.86 | 56.54 | 10.00 | 42.95 | 1.19 | 0.51 |
| GB Logistics Commerce Limited | 8.36 | 49.05 | 10.00 | 53.39 | 8.24 | 5.87 |
| Dhillon Freight Carrier Limited | 10.49 | NA | 10.00 | 20.75 | 33.09 | 6.86 |
Company information
Company profile
Dhillon Freight Carrier Ltd is engaged in providing logistics and freight solutions, primarily through road transportation. The company caters to various industries by offering cargo movement services, fleet management, and timely deliveries across India. With a focus on reliability and efficiency, it is expanding its operational network and aims to strengthen its presence in the logistics value chain.
Strengths
- Pan-India Logistics Network – Offers transportation and freight services across multiple states, ensuring wide reach and operational efficiency.
- Experienced Management Team – Led by seasoned promoters with deep industry knowledge and operational expertise in logistics and freight management.
- Strong Client Relationships – Maintains long-standing ties with customers, enabling recurring business and customer loyalty.
Risk factors
- High Dependence on Road Transport – Revenue primarily comes from road freight services, making it vulnerable to fluctuations in fuel prices and road regulations.
- Working Capital Intensive Business – Freight carriers face delayed payments and high operating costs, which may impact liquidity.
- Competitive Market Pressure – Operates in a fragmented and highly competitive logistics industry with low entry barriers.
Promoters
Mr. Karan Singh Dhillon
Mr. Karamveer Singh Dhillon
Mrs. Joyce Singh Dhillon
Registrar & documents
Lead manager
Navigant Corporate Advisors Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Chatterjee International Building, 33A Jawaharlal Nehru Road, 20th Floor, Suite A03, Middleton Row, Kolkata, West Bengal, 700071, India
9831121453
[email protected]Company website ↗Understanding DHILLON 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.