Deccan Transcon Leasing Ltd

Deccan Transcon Leasing Ltd IPO

Deccan Transcon Leasing Ltd IPO Price Range is ₹102 - 108, with a minimum investment of ₹1,29,600 for 1200 shares.

₹1,29,600

/ 1200 shares

Minimum Investment

View Deccan Transcon Leasing Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹102 - 108

Open Date

2024-09-13

Close Date

2024-09-18

IPO Size

₹65.06 Cr

Lot Size

1200 shares

Min Investment

₹1,29,600

Listing Exchange

NSE

Deccan Transcon Leasing Ltd IPO Application Timeline

passed
Open Date13 Sep 2024
passed
Close Date18 Sep 2024
passed
Allotment Date19 Sep 2024
passed
Listing Date23 Sep 2024

Strengths and Risks

Strengths

Strengths

  • Long standing business track record.

  • Long-standing customer relationships.

  • Strong knowledge and expertise of its promoters.

  • Global coverage through network of agents.

  • Ability to provide end-to-end logistic solutions.


Risks

Risks

  • The Presence of term Leasing in the companys name does not classify it as a Non-BankingFinancial Company (NBFC) under the concerned RBI regulations.

  • The company derives majority of its revenue from leasing and freight and shipping services. In the event the company is unable to increase or effectively manage its services under the said services, it could have an adverse impact on the Companys business and results of operations.

  • The company depends on certain key customers for its revenues which include its associate company and group company. A decrease in the revenues the company derives from them could materially and adversely affect its business, results of operations, cash flows and financial condition.

  • The company is heavily dependent on third party service providers or agents and suppliers to effectively carry on its logistics operations. Any deficiency in services provided by them or failures to maintain relationships with them could result in disruption in its operations, which could have an adverse effect on the companys business, financial condition, results of operations and cash flows:

  • The Company does not have Custom House Agent license.

  • Its freight & Shipping business is largely dependent on the company customer engaged in the Chemical & petrochemical Industry, Chemical businesses and products related thereto, any adverse impact on the chemical industry may effect on its results of operations and financial Conditions.

  • The company typically does not have long term agreement with its customers. If the company customers choose not to source their requirements from it, there may be a material adverse effect on its business, financial condition, cash flows and results of operations.

  • Its long-term growth and competitiveness are dependent on the company ability to control costs and pass on any increase in operating expenses to customers, while continuing to offer competitive pricing.

  • The company intend to utilise a portion of the Net Proceeds for funding its capital expenditure requirements of the Company. The company is yet to place the orders for such Tank Containers.

  • The company has high levels of fixed costs that will be incurred regardless of its level of business activity. Non utilization of containers or low productivity due to reduced demand, weather interruptions or other causes can have a significant negative effect on its results of operations and financial condition as a consequence.

How to Apply for Deccan Transcon Leasing Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Deccan Transcon Leasing Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Deccan Transcon Leasing Ltd

Deccan Transcon Leasing Limited provides end-to-end solutions for freight & shipping services which includes domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (NVOCC) services. The Company is primarily engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors. The company specializes in the transportation of bulk liquids and hazardous chemicals, primarily utilizing tank containers as a mode of transport. One of its key strengths lies in its extensive agency network, built over years of experience in the industry. This network provides the company with access to shippers worldwide, enabling it to cater to the logistics needs of clients across the globe. Additionally, the company has established a strong network of partners with global coverage, apart from its own Subsidiary and Associate company, allowing it to provide complete, end-toend logistics solutions. Having all tank container services under one roof enables it to offer services tailored to meet specific customer needs. As of July 31, 2024, more than 100 customers have been associated with the company for longer than 3 years. The Company has served more than 884 customers in the last one year.

Frequently Asked Questions of Deccan Transcon Leasing Ltd IPO

What is the size of the Deccan Transcon Leasing Ltd IPO?

The size of the Deccan Transcon Leasing Ltd IPO is ₹65.06 Cr.

What is the allotment date of the Deccan Transcon Leasing Ltd IPO?

Deccan Transcon Leasing Ltd IPO allotment date is Sep 19, 2024 (tentative).

What are the open and close dates of the Deccan Transcon Leasing Ltd IPO?

The Deccan Transcon Leasing Ltd IPO will open on Sep 13, 2024 and close on Sep 18, 2024

What is the lot size of Deccan Transcon Leasing Ltd IPO?

The lot size for the Deccan Transcon Leasing Ltd IPO is 1200.

When will my Deccan Transcon Leasing Ltd IPO order be placed?

Your Deccan Transcon Leasing Ltd IPO order will be placed on Sep 13, 2024

Can we invest in Deccan Transcon Leasing Ltd IPO?

Yes, once Deccan Transcon Leasing Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Deccan Transcon Leasing Ltd IPO?

The potential listing gains on the Deccan Transcon Leasing Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Deccan Transcon Leasing Ltd IPO?

'Pre-apply' for Deccan Transcon Leasing Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.