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Deccan Transcon Leasing IPO
Price Band
₹102.0–108.0
Issue Size
₹65.06 Cr
Lot Size
1,200 shares
Min Investment
₹129,600
GMP
+₹55.0 (50.93%)
Issue Price
₹108.0
Subject to Sauda
₹50200
Paid only if allotted
Deccan Transcon Leasing IPO AI Summary
- Deccan Transcon Leasing IPO is listed on NSE SME in the Logistics Solution Provider sector.
- Price band: ₹102.0–₹108.0 per share, lot size 1,200 shares (min. investment ₹129,600).
- Subscription window: 13 Sep–19 Sep 2024, listing on 24 Sep 2024.
- Current GMP is +₹55.0 (50.93%), an estimated listing price of ₹163 — unofficial and can change daily.
Deccan Transcon Leasing Limited is set to offer its IPO with a price band of ₹102.0 to ₹108.0, aiming to raise ₹65.06 Cr. With a solid customer base and a focus on logistics solutions, the company has shown growth in profitability, though revenue has seen a decline. Investors should carefully consider their risk profile before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Deccan Transcon Leasing IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 19 Sep 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Deccan Transcon Leasing IPO Grey Market Premium (GMP) Today
GMP
+₹55.0
GMP %
+50.93%
Est. Listing
₹163.0
Updated: 25 Jul 2026 14:03
About the Company
Incorporated in February 2007 Deccan Transcon Leasing Limited offers tank containers on lease and logistic and supply chain solutions to clients in various sectors. The company offers comprehensive freight and shipping solutions, including domestic tank container logistics, tank fleet management, customs clearance and transportation, and Non-Vessel Operating Common Carriers (NVOCC) services. As of July 31, 2024, the company had more than 100 customers who had been associated with it for over 3 years. Additionally, the company has served more than 884 customers in the last year. The company has successfully built a track record of serving over 5,000 customers. The company's services can be divided into two categories Leasing of Containers Shipping & Freight forwarding The company mainly serves customers in industries such as chemicals, pharmaceuticals, FMCG, agriculture, and others, with a focus on specialty chemicals and petrochemicals in 40 countries. The company has agencies located in regions such as Europe, Asia, Oceania, South America, Africa, and the USA. These agencies handle logistics operations under an agency relationship for both inbound and outbound cargo movement. They are responsible for performing all necessary operations and documentation work for cargo movement between the mentioned regions. Competitive Strengths: With a global footprint, the company can offer its 129 services to clients across various continents and economic regions. Large Customer base with long-term relationship Latest solutions in logistics technology, such as advanced tracking systems, placing service orders, digital platforms for customer interaction and transaction processing. Providing end-to-end logistics services. As of July 31, 2024,the company had 84 employees.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 77.22 | 54.08 | 39.25 |
| Total Income | 153.64 | 180.62 | 153.19 |
| Profit After Tax | 11.82 | 8.56 | 5.19 |
| NET Worth | 32.21 | 20.28 | 12.08 |
| Reserves and Surplus | 15.01 | 18.08 | 9.88 |
| Total Borrowing | 23.10 | 17.75 | 9.90 |
Key Ratios
EPS
₹6.87
NAV
₹18.73
ROE
45.03%
ROCE
41.43%
RoNW
36.69%
P/B Value
5.77
P/E Ratio
15.72
Market Cap
₹245.41 Cr
PAT Margin
7.75%
Debt/Equity
0.72
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| S J Logistics (india) Limited | 29.01 | 20.18% | 105.27 | 20.03 | 20.03 |
| Lancer Container Lines Ltd | 21.13 | 14.58% | 17.66 | 2.65 | 2.7 |
| Deccan Transcon Leasing Limited This IPO | 18.73 | 36.69% | — | 6.87 | 6.87 |
Promoters
Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev and Navaneeth Jaidev
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding capital expenditure requirements towards procurement of Tank Containers. 27.75 2 Funding working capital requirements of the Company; and 11.50 3 General corporate purposes; and 12.59
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹153.64 Cr for the period ending 31 Mar 2024, down from ₹180.62 Cr for the period ending 31 Mar 2023. This indicates a decline in revenue year-over-year, though the latest figure is for a full fiscal year, making it directly comparable.
Profit Trend
Profit After Tax was ₹11.82 Cr for the period ending 31 Mar 2024, an increase from ₹8.56 Cr for the period ending 31 Mar 2023. This shows a positive trend in profitability over the year.
Valuation
Deccan Transcon Leasing Limited has an implied P/E ratio of 15.72 at the issue price, compared to peers trading at P/E ratios ranging from 17.66 to 105.27.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the potential premium at which the IPO is expected to list compared to its issue price. A higher GMP suggests positive market sentiment towards the IPO, while a lower or negative GMP may indicate the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their risk appetite and investment goals. It's important to consider the company's financial health and market potential before making a decision.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid this IPO, especially if they are not comfortable with the inherent risks associated with investing in SMEs.
IPO Timeline, Explained
The IPO opens for subscription on September 13, 2024, and closes on September 19, 2024. Allotment of shares will be finalized by September 20, 2024, with the listing date set for September 24, 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when selling shares on the listing day. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock. Investors should be aware that the stock price may fluctuate significantly after listing.
This evaluation is generated from Deccan Transcon Leasing's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Deccan Transcon Leasing IPO GMP today?
Deccan Transcon Leasing IPO GMP today is +₹55.0 (50.93%), indicating an estimated listing price of ₹163. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Deccan Transcon Leasing IPO?
The price band of Deccan Transcon Leasing IPO is ₹102.0–₹108.0 per share.
When does Deccan Transcon Leasing IPO open and close?
Deccan Transcon Leasing IPO opens on 13 September 2024 and closes on 19 September 2024.
When does Deccan Transcon Leasing IPO list on the stock exchange?
Deccan Transcon Leasing IPO listed on 24 September 2024 at ₹163.0.
What is the lot size for Deccan Transcon Leasing IPO?
The lot size for Deccan Transcon Leasing IPO is 1200 shares, requiring a minimum investment of ₹129,600.
What is the price band for the IPO?
The price band for the IPO is ₹102.0 to ₹108.0.
What is the minimum investment required?
The minimum investment required is ₹129,600.
What is the lot size for this IPO?
The lot size for this IPO is 1,200 shares.
When is the listing date?
The listing date is September 24, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the IPO may list compared to its issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
13 Sep 2024
Close
19 Sep 2024
Allotment
20 Sep 2024
Listing
24 Sep 2024
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