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Dhillon Freight Carrier IPO

Dhillon Freight Carrier IPO

smelisted
Registrar: Kfin Technologies Ltd. · Listing 2025-10-07
IPO Timeline
Today · 20 Oct 2026
Opens
29 Sept 2025
Closes
01 Oct 2025
Allotment
03 Oct 2025
Refund
06 Oct 2025
Demat
06 Oct 2025
Listing
07 Oct 2025
Price Band
₹72–72
GMP
₹0
0%
Lot Size
1600 Shares
Min ₹115,200
Subscription
0x
Issue Size
₹10 Cr
Open
2025-09-29
Close
2025-10-01
Listing
2025-10-07

About the company

Incorporated in May 2014, Dhillon Freight Carrier Limited is a goods transport agency providing parcel/Less than Truck-Load (LTL), contract logistics and fleet rental/fleet leasing services to different industries, serving B2B and B2C customers. It has an in-house fleet strength of about 62 vehicles as of FY25. The company operates primarily across West Bengal, Bihar, Delhi and Uttar Pradesh. It has an established network of 22 booking offices, pickup facilities, warehouses, delivery offices and through agency networks. Parcel/less than truck-load contributed 71.69% of revenue, followed by contract logistics 25.39% and fleet rental/fleet leasing services contributing 2.92% in FY25.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 07 Oct 2025
      Listed 378 days ago
      1. IPO Opens

        Completed
        29 Sept 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        01 Oct 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        03 Oct 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        06 Oct 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        06 Oct 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        07 Oct 2025

        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
      1600 shares
      Price / Share (upper)
      ₹72
      Min Investment (1 lot)
      ₹115,200
      Price Band
      ₹72–72
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1600
      Min amount
      ₹115,200
      Max amount
      ₹115,200
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      3200
      Min amount
      ₹230,400
      Max amount
      ₹230,400

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹5 Cr
      Shares offered
      694,445
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹1.5 Cr
      Shares offered
      208,333
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹3.5 Cr
      Shares offered
      486,111
      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).