Deccan Transcon IPO GMP, Review, Price, Allotment

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Last updated on September 24, 2024

Deccan Transcon IPO GMP

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.

Deccan Transcon IPO Allotment Status

Promoters of Deccan Transcon – Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev, and Navaneeth Jaidev


Deccan Transcon IPO Details

Deccan Transcon IPO Dates13 – 19 September 2024
Deccan Transcon Issue PriceINR 102 – 108 per share
Fresh issue55,24,000 shares (INR 56.34 – 59.66 crore)
Offer For Sale5,00,000 shares (INR 5.10 – 5.40 crore)
Total IPO size60,24,000 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 Allocation35%
Listing OnNSE EMERGE

Deccan Transcon Financial Performance

 FY 2022FY 2023FY 2024
Revenue152.90179.60152.56
Expenses146.69171.19139.51
Net income5.198.5611.82
Figures in INR Crores unless specified otherwise

Deccan Transcon Offer News


Deccan Transcon Valuations & Margins

FY 2022FY 2023FY 2024
EPS3.085.076.87
PE ratio––14.85 – 15.72
RONW (%)42.9942.1936.69
NAV7.1612.0318.73
ROCE (%)40.2643.2241.43
EBITDA (%)5.767.1312.47
Debt/Equity 0.820.880.72
*Compiled by IPO Central from Prospectus

Deccan Transcon IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
23 September 202454–50,000
21 September 202454–50,000
20 September 202454–50,000
19 September 202454–50,000
18 September 202454–50,000
17 September 202452–48,000
16 September 202448–45,500
14 September 202442–40,000
13 September 202427–26,000
12 September 202420–25,000

Deccan Transcon IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered14,46,0008,54,40019,93,20042,93,600
19 Sep 202442.08147.82125.41101.81
18 Sep 20242.9735.6476.4043.56
17 Sep 20242.9722.0548.7328.01
16 Sep 20242.9710.9025.5015.01
13 Sep 20242.973.844.563.88

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 Date13 September 2024
IPO Closing Date19 September 2024
Finalization of Basis of Allotment20 September 2024
Initiation of refunds20 September 2024
Transfer of shares to demat accounts23 September 2024
IPO Listing Date24 September 2024
Opening Price on NSE SMEINR 116 per share (up 7.41%)
Closing Price on NSE SMEINR 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: [email protected]
Website: 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: +91 810 811 4949
Email: [email protected]
Website: 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.

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