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Deccan Transcon Leasing Limited

Deccan Transcon Leasing Limited

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Registrar: LINK INTIME INDIA PRIVATE LIMITED · Listing 2024-09-24
IPO Timeline
Today · 21 Oct 2026
Opens
13 Sept 2024
Closes
19 Sept 2024
Allotment
15 Sept 2024
Refund
23 Sept 2024
Demat
20 Sept 2024
Listing
24 Sept 2024
Price Band
₹102–108
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹129,600
Subscription
0x
Issue Size
₹65.06 Cr
Open
2024-09-13
Close
2024-09-19
Listing
2024-09-24

About the company

## **About Deccan Transcon Leasing Limited** Deccan Transcon Leasing Limited excels in providing comprehensive freight and shipping solutions, specializing in the leasing of tank containers and logistics services for bulk liquids and hazardous chemicals. Established with a focus on end-to-end logistics, the company offers a range of services including domestic logistics for tank containers, fleet management solutions, customs clearance, and Non-Vessel Operating Common Carriers (NVOCC) services. By leveraging an extensive agency network and global partnerships, Deccan Transcon effectively meets the diverse logistics needs of clients around the world. With a robust fleet of over 2,500 tank containers and 750 TEUs of box containers as of May 31, 2024, Deccan Transcon has expanded its operational capabilities to include the transportation of bulk liquids and hazardous chemicals. Their services are tailored to accommodate various customer requirements, ensuring safe and efficient transport by sea, rail, or road. The company's commitment to safety and cargo compatibility is reinforced by its team of over 84 skilled professionals who are dedicated to maintaining the highest industry standards and regulations. Deccan Transcon's significant growth and diversification in recent years reflect its adaptability and customer-centric approach. Beyond tank containers, the company has ventured into the use of box containers and Flexi bags, broadening its service offerings to better meet evolving market demands. As of July 31, 2024, Deccan Transcon has built enduring relationships with over 100 long-term clients and served more than 884 customers in the past year alone, demonstrating its strong market presence and reliability in the logistics sector. Dedicated to delivering quality service at competitive prices, Deccan Transcon Leasing Limited focuses on building long-term business relationships through consistent performance and adherence to industry standards. Their commitment to excellence is evident in their continuous efforts to provide tailored logistics solutions that meet specific customer needs while ensuring the safety and efficiency of their operations. Deccan Transcon Leasing Limited  prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Funding capital expenditure requirements towards procurement of Tank Containers. 1. Funding working capital requirements. 1. General corporate purposes.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 24 Sept 2024
      Listed 757 days ago
      1. IPO Opens

        Completed
        13 Sept 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        19 Sept 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        15 Sept 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        23 Sept 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        20 Sept 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        24 Sept 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹108
      Min Investment (1 lot)
      ₹129,600
      Price Band
      ₹102–108
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹129,600
      Max amount
      ₹129,600
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹259,200
      Max amount
      ₹259,200

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹32.53 Cr
      Shares offered
      3,098,095
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹9.76 Cr
      Shares offered
      929,429
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹22.77 Cr
      Shares offered
      2,168,667
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).