Deccan Transcon IPO description – Deccan Transcon Leasing offers comprehensive freight and shipping solutions, including domestic logistics for tank containers, tank fleet management, customs clearance, transportation, and Non-Vessel Operating Common Carrier (NVOCC) services. The company primarily focuses on leasing tank containers and providing logistics and supply chain solutions to clients across various sectors.
Deccan Transcon Leasing specializes in the transportation of bulk liquids and hazardous chemicals, primarily using tank containers. As of 31 July 2024, over 100 customers have been associated with the company for more than three years. In the past year, the company has served more than 884 customers.
As of 31 May 2024, the company’s fleet consists of over 2,500 tank containers and 750 TEUs of box containers. The company is supported by a team of more than 84 skilled professionals.
Promoters of Deccan Transcon – Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev, and Navaneeth Jaidev
Table of Contents
Deccan Transcon IPO Details
| Deccan Transcon IPO Dates | 13 – 19 September 2024 |
| Deccan Transcon Issue Price | INR 102 – 108 per share |
| Fresh issue | 55,24,000 shares (INR 56.34 – 59.66 crore) |
| Offer For Sale | 5,00,000 shares (INR 5.10 – 5.40 crore) |
| Total IPO size | 60,24,000 shares (INR 61.44 – 65.06 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,29,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Deccan Transcon Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 152.90 | 179.60 | 152.56 |
| Expenses | 146.69 | 171.19 | 139.51 |
| Net income | 5.19 | 8.56 | 11.82 |
Deccan Transcon Offer News
- Deccan Transcon RHP
- Deccan Transcon Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Deccan Transcon Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.08 | 5.07 | 6.87 |
| PE ratio | – | – | 14.85 – 15.72 |
| RONW (%) | 42.99 | 42.19 | 36.69 |
| NAV | 7.16 | 12.03 | 18.73 |
| ROCE (%) | 40.26 | 43.22 | 41.43 |
| EBITDA (%) | 5.76 | 7.13 | 12.47 |
| Debt/Equity | 0.82 | 0.88 | 0.72 |
Deccan Transcon IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 23 September 2024 | 54 | – | 50,000 |
| 21 September 2024 | 54 | – | 50,000 |
| 20 September 2024 | 54 | – | 50,000 |
| 19 September 2024 | 54 | – | 50,000 |
| 18 September 2024 | 54 | – | 50,000 |
| 17 September 2024 | 52 | – | 48,000 |
| 16 September 2024 | 48 | – | 45,500 |
| 14 September 2024 | 42 | – | 40,000 |
| 13 September 2024 | 27 | – | 26,000 |
| 12 September 2024 | 20 | – | 25,000 |
Deccan Transcon IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 14,46,000 | 8,54,400 | 19,93,200 | 42,93,600 |
| 19 Sep 2024 | 42.08 | 147.82 | 125.41 | 101.81 |
| 18 Sep 2024 | 2.97 | 35.64 | 76.40 | 43.56 |
| 17 Sep 2024 | 2.97 | 22.05 | 48.73 | 28.01 |
| 16 Sep 2024 | 2.97 | 10.90 | 25.50 | 15.01 |
| 13 Sep 2024 | 2.97 | 3.84 | 4.56 | 3.88 |
The market maker reservation portion of 3,30,000 shares including anchor allocation of 14,00,400 shares is not included in the above calculations.
Deccan Transcon IPO Allotment Status
Deccan Transcon IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Deccan Transcon IPO Dates & Listing Performance
| IPO Opening Date | 13 September 2024 |
| IPO Closing Date | 19 September 2024 |
| Finalization of Basis of Allotment | 20 September 2024 |
| Initiation of refunds | 20 September 2024 |
| Transfer of shares to demat accounts | 23 September 2024 |
| IPO Listing Date | 24 September 2024 |
| Opening Price on NSE SME | INR 116 per share (up 7.41%) |
| Closing Price on NSE SME | INR 110.25 per share (up 2.08%) |
Deccan Transcon Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone:022 4604 6494
Email:Â [email protected]
Website:Â www.unistonecapital.com
Deccan Transcon Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Deccan Transcon Issue Contact Details
DECCAN TRANSCON LEASING LIMITED
Suite No 507, 5th floor, Image Capital Park,
Image Garden Road, Madhapur, Shaikpet,
Hyderabad- 500081, Telangana
Phone: 040-40146828
E-mail: [email protected]
Website: www.deccantrans.com
IPO FAQs
What is Deccan Transcon’s offer size?
Deccan Transcon’s offer size is INR 61.44 – 65.06 crores.
What is the Deccan Transcon IPO price band?
Deccan Transcon’s public offer price is INR 102 – 108 per share.
What is the lot size of Deccan Transcon Offer?
Deccan Transcon offer lot size is 1,200 shares.
What is Deccan Transcon IPO GMP today?
Deccan Transcon IPO GMP today is INR 54 per share.
What is the Deccan Transcon kostak rate today?
Deccan Transcon kostak rate today is INR NA per application.
What is Deccan Transcon Subject to Sauda rate today?
Deccan Transcon is Subject to Sauda rate today is INR 50,000 per application.
