Deccan Transcon Leasing IPO GMP : Deccan Transcon Leasing IPO GMP is Open on 13 September 2024 and Close on 19 September 2024. Deccan Transcon Leasing IPO to Raise 6,024,000 shares (Approx ₹65.06 Cr) via IPO. The Fresh issue of 5,524,000 shares (Approx ₹59.66 Cr) and The Offer For Sale is 500,000 shares of ₹10 (Approx ₹5.40 Cr).
We provide end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services.
- Chemicals & Liquid Bulk Logistics in ISO Tank Containers.
- Leasing of ISO Tank Containers.
- Domestic Logistics of ISO Tanks.
- Tank Fleet Management Solutions.
- Customs Clearance and Transportation.
Table of Contents
ToggleDeccan Transcon Leasing IPO Date & Price Band Details
IPO Open Date
13 Sep 2024
IPO Close Date
19 Sep 2024
IPO Size
6,024,000 shares (Approx ₹65.06 Cr)
Fresh Issue
5,524,000 shares (Approx ₹59.66 Cr)
Offer for Sale
500,000 shares of ₹10 (Approx ₹5.40 Cr)
Lot Size
1200 Shares
IPO Face Value
₹10 Per Equity Share"
IPO Price Band
₹102 to ₹108 Per Every Share
IPO Listing On
NSE SME
IPO Retail Quota
35%
IPO QIB Quota
50%
IPO NII Quota
15%
DRHP Draft
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Anchor Investor
Click Here
Deccan Transcon Leasing IPO Market Lot Details
Application
Lot Size
Shares
Amount
Retail Minimum
1
1200
₹1,29,600
Retail Maximum
1
1200
₹1,29,600
S-HNI Minimum
2
2400
₹2,59,200
Object of the Issue
- Funding capital expenditure requirements towards procurement of Tank Containers.
- Funding working capital requirements of our Company.
- General corporate purposes.
Deccan Transcon Leasing IPO Allotment & Listings (Details)
IPO Open Date
13 Sep 2024
IPO Close Date
19 Sep 2024
Basis of Allotment
20 Sep 2024
Refunds
23 Sep 2024
Credit to Demat Account
23 Sep 2024
IPO Listing Date
24 Sep 2024
Deccan Transcon Leasing Financial Reports
₹ in Crores
Year
Revenue
Expense
PAT
2024
₹153.64
₹139.51
₹11.82
2023
₹180.62
₹171.19
₹8.56
2022
₹153.19
₹146.69
₹5.19
Our Company Promoters
- Jaidev Menon Parath.
- Karthika Menon.
- Miriyala Shekhar.
- Pranav Jaidev.
- Navaneeth Jaidev Menon.
Qualitative Factors
- Long standing business track record.
- Long-standing customer relationships.
- Strong knowledge and expertise of our promoters.
- Global coverage through network of agents.
- Ability to provide end-to-end logistic solutions.
Deccan Transcon Leasing Comparison of Accounting Ratios with Peer Group Companies
Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
---|---|---|---|---|---|---|
Deccan Transcon Leasing Ltd | 10.00 | 6.87 | [.] | 36.69% | 18.73 | 15,255.71 |
Peer Group | ||||||
Lancer ContainerLines Ltd | 10.00 | 2.7 | 17.66 | 14.58% | 21.13 | 63,340.99 |
S J Logistics (India) Ltd | 10.00 | 20.03 | 29.01 | 20.18% | 105.27 | 27,086.02 |
Also Read: Envirotech Systems IPO
Deccan Transcon Leasing Company Contact Details
Suite No 507, 5th floor, Image Capital Park, Image Garden Road,
Madhapur, Shaikpet, Hyderabad- 500081, Telangana, India
Telephone No.: 040-40146828
Website: www.deccantrans.com
Email id: info@deccantrans.com
Deccan Transcon Leasing Lead Manager
Unistone Capital Private Limited
A/305, Dynasty Business Park Andheri Kurla Road,
Andheri East, Mumbai- 400059, Maharashtra.
Tel: +91 9820057533
Email: mb@unistonecapital.com
Investor Grievance Email: compliance@unistonecapital.com
Website: www.unistonecapital.com
Contact Person: Brijesh Parekh
Deccan Transcon Leasing IPO Registrar
Link Intime India Private Limited
Telephone: +91 810 811 4949
Email: deccantranscon.ipo@linkintime.co.in
Investor Grievance Email: deccantranscon.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
Website: www.linkintime.co.in
About Deccan Transcon Leasing –
Our containers are versatile and cater to a wide range of products.
Tank Container :- Speciality Chemicals (Lauric Acid, ISO Propyl Alcohol, Palmolein, Coated Calcium Carbonate etc.) Pharmaceuticals & FMCG (Used Cooking oil, Bitumen, Dimethyl Sulfoxide etc.) Food (Lauryl Alcohol, Refinened Glycerine etc.) Petrochemicals (Methanol, Brake Fluid, Ethylene etc.).
Box Container :- Manufactured Goods (Polished tiles, readymade garments, Cotton yarn, polyester yarn etc.) Agriculture (Rice, Salt, Khandsari, Dry Coconut etc.) Industrial Raw Materials & Machinery parts and Components.
We primarily serve customers in industries such as Chemicals, Pharmaceuticals, Fast Moving Consumer Goods (FMCG), Agriculture, and others, with a heightened emphasis on Specialty Chemicals and Petrochemicals. Our network across 40 countries and quality services have helped us establish our business lines and gain synergies across them.
we have successfully established a track record of providing services of more than 5,000 customers.
We are primarily engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors.
Our company specializes in the transportation of bulk liquids and hazardous chemicals, primarily utilizing tank containers as a mode of transport.
One of our key strengths lies in our extensive agency network, built over years of experience in the industry.
This network provides us with access to shippers worldwide, enabling us to cater to the logistics needs of clients across the globe.
we have established a strong network of partners with global coverage, apart from our own Subsidiary and Associate company, allowing us to provide complete, end-toend logistics solutions.
Having all tank container services under one roof enables us to offer services tailored to meet specific customer needs. As of July 31, 2024, more than 100 customers have been associated with us for longer than 3 years. We have served more than 884 customers in the last one year.
Detailed description of our Services :-
⮚ Leasing of Tank Containers
We offer Tank container leasing services. Our clients can decide between the type of the tank offered, the purpose of the lease (domestic or international), the duration of the lease and various other terms and conditions based on their requirement.
Our tank container services also include domestic duty paid tanks, for our customers who need temporary storage for their cargo, as well. We also offer tanks for long term lease to clients who wish to ship dedicated products across the world.
⮚ Shipping & Freight Forwarding
Our Company offers shipping and freight forwarding services, wherein we act as an intermediary between the client and various transportation services. We utilize established relations, in order to negotiate the best possible price to move shippers goods along the most economical route by working out various bids and choosing the most cost- effective, timely and reliable one.
The personal approach by our professional team along with optimal use of technology has proved necessary for short communication lines and bundled information to act accordingly before, during or within all stages of shipment movements. These aspects also ensure that all specific needs of each individual client and their shipments are known by each person who is handling your shipment. We also vend with many global partners to render one stop shop solution to customers.
Below is the brief of major services which we provide –
Chemicals & Liquid Bulk Logistics in Tank Containers :-
As Tank container Operators, we provide logistics solutions of chemicals in India and overseas. Our team and agents, located worldwide, are committed logistics professionals with deep knowledge and understanding of carriage of hazardous cargo and goods by multi-modal transport.
As per our clients requirements, we offer pure port-to-port logistics solutions and tailor-made solutions as well at different ports. These include temporary storage, heating, delivery and return of the tank to the load port.
Domestic Logistics of Tank containers :-
As tank container operators, we provide logistics solutions for clients who are seeking domestic transportation and storage of their cargo. Clients who require dedicated movement from one factory to another or from factory to domestic clients with tank containers have benefitted from our services.
We have put in place tank containers solutions that have saved our clients a lot of time and money, while offering a safe and cleaner method of transportation of hazardous cargo. We have tied up with transporters and rail operators to put together specialized solutions for our clients.
Customs Clearance and Transportation :-
Our tank services are end to end solution. Over time, we have noticed an increasing demand from our clients to offer such end-to-end solutions for their shipments.
We have complemented our tank container services to include customs clearance and transportation services through our partners and associates who are domain experts in their respective fields.
Having all tank container services under one roof also leverages us to offer exactly what our customers wants where they can choose which part of the logistics chain they would like us
to handle.
NVOCC (Non-Vessel Operating Common Carriers)
We started NVOCC operations in 2023, with our owned and leased fleet of Box containers. Under the NVOCC services, as arrangements with ship owners, charters, and shipping lines were already in place which help us to procure onboard space on the vessel on commercially viable terms which are then sold to our customers.
We actively liaise with shipping lines, port agents, local carriers, and others for the movement of shipments thus taking on responsibility for safe and time-bound delivery across the world.
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