The Indian IPO market is set to witness another intriguing entry with the launch of the Deccan Transcon Leasing Limited IPO, scheduled from September 13, 2024, to September 18, 2024. As a company specialising in leasing and financial services, Deccan Transcon Leasing Limited's decision to go public marks a significant milestone in its growth journey.
This IPO is an opportunity for the company to raise capital and for investors to tap into the promising leasing sector, which has seen steady growth in recent years. Let’s explore the key details of the upcoming IPO to invest in.
The Deccan Transcon Leasing Limited IPO SME is one of the anticipated public offerings in the financial services sector for 2024. This IPO aims to raise funds primarily to fuel the company’s expansion plans, including the diversification of its leasing portfolio and strengthening its financial position.
This IPO investment offers investors a chance to gain exposure to a well-established company with a strong foothold in the leasing industry, backed by robust financials and a clear growth strategy.
Below is a summary of the key details related to the Deccan Transcon Leasing Limited IPO:
| Particulars | Details |
| Deccan Transcon Leasing Limited IPO 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) |
| Price band | ₹102 to ₹108 per share |
| Face value | ₹10 per share |
| Minimum order quantity | 1200 Shares |
| Listing exchanges | BSE, NSE |
| Deccan Transcon Leasing Limited IPO opening date | Friday, September 13, 2024 |
| Deccan Transcon Leasing Limited IPO IPO closing date | Wednesday, September 18, 2024 |
| Basis of allotment date | Thursday, September 19, 2024 |
| Initiation of refunds | Friday, September 20, 2024 |
| Credit of shares to demat | Friday, September 20, 2024 |
| Deccan Transcon Leasing Limited IPO listing date | Monday, September 23, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 18, 2024 |
Deccan Transcon Leasing Limited is a prominent player in the leasing and logistics industry, with a specialisation in tank container leasing and comprehensive supply chain solutions. Established in February 2007 under the name Libenil Logistics Private Limited, the company has evolved to become a key provider of innovative financial solutions for asset acquisition and management across various sectors.
The company is known for its expertise in transporting bulk liquids and hazardous chemicals using advanced tank containers. Its range of services includes:
These services are designed to meet the diverse needs of industries requiring safe and efficient transportation of sensitive materials.
Here is a snapshot of Deccan Transcon Leasing Limited’s key financial figures:
| Period ended | 31st Mar 2024 | 31st Mar 2023 | 31st Mar 2022 |
| Total 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 |
| Borrowing | 2,309.55 | 1,775.49 | 989.82 |
*Amounts in ₹ Lakhs
Here’s a look at some of the key highlights:
Deccan Transcon Leasing Limited has a strong foothold in the leasing and logistics industry. Established in 2007, the company has built a reputable brand known for its expertise in transporting bulk liquids and hazardous chemicals.
The company offers a wide range of services, including domestic tank container logistics, tank fleet management, customs clearance, and Non-Vessel Operating Common Carrier (NVOCC) services.
Deccan Transcon has demonstrated consistent financial growth, with increasing revenues and profitability over the past few years.
The company’s expansion into over 40 countries highlights its successful global strategy. This international presence not only diversifies its market but also positions Deccan Transcon to capitalise on global demand for leasing and logistics services.
These strengths make it a compelling investment opportunity and will impact the Deccan Transcon Leasing Limited IPO GMP.
Here’s an analysis of the key challenges:
The financial markets are subject to fluctuations due to various factors such as economic conditions, geopolitical events, and changes in interest rates. Market volatility can impact the stock price and overall performance of the IPO. Investors need to be prepared for potential price swings and assess their risk tolerance accordingly.
Operating in the logistics and leasing sectors involves navigating a complex regulatory environment. Changes in regulations or non-compliance with existing rules can lead to legal challenges and operational disruptions.
The leasing and logistics industries are closely tied to economic cycles. Economic downturns or slowdowns can lead to reduced demand for leasing services and freight transportation.
The leasing and logistics sectors are highly competitive, with numerous players vying for market share. Deccan Transcon faces competition from both established companies and new entrants.
Investors should carefully consider these potential challenges and risks when evaluating the Deccan Transcon Leasing Limited IPO GMP.
Investing in the Deccan Transcon Leasing Limited IPO could be a promising opportunity if you believe in the company's growth potential and can tolerate associated risks. The company’s established market presence, diversified service offerings, and strong financial performance are compelling strengths.
However, it’s important to weigh these positives against potential challenges such as market volatility, regulatory risks, and competitive pressures.
The Deccan Transcon Leasing Limited IPO aims to raise capital with an issue size of 6,024,000 shares (aggregating up to ₹65.06 Cr). The price band for the IPO is set between ₹102 to ₹108 per equity share.
The IPO will open for subscription on September 13, 2024, and will close on September 18, 2024.
Key strengths include:
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