DECCAN TRANSCON LEASING LIMITED (NSE SME)
Sep 13, 2024 - Sep 19, 2024
| Price | ₹102 - ₹108 |
| Premium | ₹55 |
|---|---|
| Lot size | 1200 |
| Allotment | Sep 20, 2024 |
| Listing | Sep 24, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 129600 | 1661 |
| HNI | 2 | 2400 | 259200 | 712 |
Last updated on 19-Sep-2024 19:59:11
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 1446600 | 60853200 | 42.07 |
| NIB | 854100 | 127788000 | 149.62 |
| RETAIL | 1992900 | 267885600 | 134.42 |
| Total | 4293600 | 456526800 | 106.33 |
| Retail Apps | 223238 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹21.69 | @8% ₹24.79 | @9% ₹27.89 | @10% ₹30.99 | @11% ₹34.09 | @12% ₹37.19 |
IPO Details
| Total Issue Size | 6,024,000 shares (aggregating up to [65.06] Cr) |
| Fresh Issue | 5,524,000 shares (aggregating up to [59.66] Cr) |
| Offer for Sale | 500,000 shares of 10 (aggregating up to [5.40] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,71,99,448 |
| Share holding post issue | 2,27,23,448 |
| Market Maker portion | 330,000 shares Giriraj Stock Broking |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 45.03% | 52.89% | 53.60% |
| ROCE | 41.43% | 43.22% | 40.26% |
| RONW | 36.69% | 42.19% | 42.99% |
| D/E | 0.72 | 0.88 | 0.82 |
| EPS (basic) | 6.87 | 5.07 | 3.08 |
| P/E Pre IPO | 15.72 | ||
| P/E Post IPO | 20.76 |
Financial Statement (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 7,721.58 | 5,407.72 | 3,924.64 |
| Revenue | 15,363.76 | 18,061.76 | 15,319.40 |
| Profit After Tax | 1,181.89 | 855.7 | 519.1 |
| Net Worth | 3,221.32 | 2,028.26 | 1,207.59 |
| Reserves and Surplus | 1,501.37 | 1,808.26 | 987.59 |
| Total Borrowing | 2,309.55 | 1,775.49 | 989.82 |
| Amount in Lakhs | |||
About Company
Deccan Transcon Leasing Limited, incorporated in February 2007, provides leasing of tank containers and comprehensive freight and shipping solutions, including logistics, customs clearance, and NVOCC services. The company has built a strong global presence, serving industries such as chemicals, pharmaceuticals, FMCG, and agriculture in 40 countries. With a diverse customer base, including over 100 long-term clients, it leverages advanced logistics technologies for efficient operations. As of July 31, 2024, the company employed 84 individuals and had successfully served more than 5,000 customers.
Global Presence: The company operates across multiple continents, with agencies handling logistics operations in 40 countries, providing a strong international footprint.
Comprehensive Services: Deccan Transcon offers end-to-end logistics services, including leasing of containers, freight forwarding, tank fleet management, and customs clearance, which makes it a one-stop solution for many clients.
Dependence on Specialty Chemicals and Petrochemicals: A significant portion of revenue comes from industries like chemicals and petrochemicals, making the company vulnerable to sector-specific downturns.
Credit Extension: The company has been extending credit periods to customers, which could strain cash flow and increase receivables risks.
regulatory compliance: Although the company’s name includes the term "Leasing," it does not classify as an NBFC under RBI regulations. However, any future changes in regulatory frameworks or interpretations could potentially affect the company’s operations, requiring additional compliance measures or restrictions.
Phone: +91-22-4918 6270
Email: deccantranscon.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html