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Deccan Transcon listing Review
On 24th September 2024, the scrip is listed at Rs. 116, premium of 7.41% over the issue price.
Deccan Transcon IPO allotment Link
Subscription status of Deccan TransconIPO
Deccan Transcon Leasing IPO (Day 2)
Price Rs. 108 Lot 1200 shares, Rs. 65.06 Crore
QIB
NII x
RII x
Total x
Applications
2.97
7.88
19.26
11.51
31,987 (18.21x)
Amount wise bids recd. Rs. ? Crore
Note:
What is the business of Deccan Transcon?
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services. It 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 us with access to shippers worldwide, enabling it to cater to the logistics needs of clients across the globe. Additionally, it has established a strong network of partners with global coverage, apart from its own Subsidiary and Associate company, allowing it to provide complete, end-to end 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. It has served more than 884 customers in the last one year.
The company’s promoters are Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev and Navaneeth Jaidev
What are the Objects of Deccan Transcon IPO?
The Offer comprises of fresh issue of shares and also offer for sale.
The Company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing on the NSE Emerge platform of the National Stock Exchange of India Limited:
Funding capital expenditure requirements towards procurement of Tank Containers.
Funding working capital requirements of the Company; and
General corporate purposes
Tentative timetable
IPO opens on
13 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe Company Deccan Transcon Leasing Limited Suite No 507, 5th floor Image Capital Park, Image Garden Road Madhapur, Shaikpet, Hyderabad- 500081
Who is the Lead Managerof this IPO? Unicon Capital Services Private Ltd
Who is the Registrar to IPO? Linkintime India Limited
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Deccan Transcon IPO Review
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services.
Size: Net size of the IPO is Rs.? crore, comprising of 5694000 shares. Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO. + from fundamental angle: ? + from grey market angle: ?
Deccan Transcon IPO FAQs What is Deccan TransconIPO?
This is a SME IPO of 6024000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.
When will Deccan TransconIPO subscription open?
Deccan Transcon IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Deccan Transcon IPO?
Deccan Transcon IPO lot size is ? Shares, and the minimum amount required is Rs.?
How to apply for Deccan Transcon IPO?
You can apply in Deccan Transcon IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Deccan Transcon IPO allotment?
The finalization of Basis of Allotment for Deccan Transcon IPO will be done on September 119, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Deccan TransconIPO listing date?
Deccan Transcon IPO listing date is September 23, 2024.
What is the latest grey market premium of Deccan Transcon IPO?
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services. It 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 us with access to shippers worldwide, enabling it to cater to the logistics needs of clients across the globe. Additionally, it has established a strong network of partners with global coverage, apart from its own Subsidiary and Associate company, allowing it to provide complete, end-to end 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. It has served more than 884 customers in the last one year.
The company’s promoters are Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev and Navaneeth Jaidev
What are the Objects of Deccan Transcon IPO?
The Offer comprises of fresh issue of shares and also offer for sale.
The Company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing on the NSE Emerge platform of the National Stock Exchange of India Limited:
Funding capital expenditure requirements towards procurement of Tank Containers.
Funding working capital requirements of the Company; and
General corporate purposes
Tentative timetable
IPO opens on
13 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe Company Deccan Transcon Leasing Limited Suite No 507, 5th floor Image Capital Park, Image Garden Road Madhapur, Shaikpet, Hyderabad- 500081
Who is the Lead Managerof this IPO? Unicon Capital Services Private Ltd
Who is the Registrar to IPO? Linkintime India Limited
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Deccan Transcon IPO Review
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services.
Size: Net size of the IPO is Rs.? crore, comprising of 5694000 shares. Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO. + from fundamental angle: ? + from grey market angle: ?
Deccan Transcon IPO FAQs What is Deccan TransconIPO?
This is a SME IPO of 6024000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.
When will Deccan TransconIPO subscription open?
Deccan Transcon IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Deccan Transcon IPO?
Deccan Transcon IPO lot size is ? Shares, and the minimum amount required is Rs.?
How to apply for Deccan Transcon IPO?
You can apply in Deccan Transcon IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Deccan Transcon IPO allotment?
The finalization of Basis of Allotment for Deccan Transcon IPO will be done on September 119, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Deccan TransconIPO listing date?
Deccan Transcon IPO listing date is September 23, 2024.
Subscription status of Deccan TransconIPO
Deccan Transcon Leasing IPO (Day 2)
Price Rs. 108 Lot 1200 shares, Rs. 65.06 Crore
QIB
NII x
RII x
Total x
Applications
2.97
7.88
19.26
11.51
31,987 (18.21x)
Amount wise bids recd. Rs. ? Crore
Note:
What is the business of Deccan Transcon?
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services. It 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 us with access to shippers worldwide, enabling it to cater to the logistics needs of clients across the globe. Additionally, it has established a strong network of partners with global coverage, apart from its own Subsidiary and Associate company, allowing it to provide complete, end-to end 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. It has served more than 884 customers in the last one year.
The company’s promoters are Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev and Navaneeth Jaidev
What are the Objects of Deccan Transcon IPO?
The Offer comprises of fresh issue of shares and also offer for sale.
The Company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing on the NSE Emerge platform of the National Stock Exchange of India Limited:
Funding capital expenditure requirements towards procurement of Tank Containers.
Funding working capital requirements of the Company; and
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services.
Size: Net size of the IPO is Rs.? crore, comprising of 5694000 shares. Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO. + from fundamental angle: ? + from grey market angle: ?
Deccan Transcon IPO FAQs What is Deccan TransconIPO?
This is a SME IPO of 6024000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.
When will Deccan TransconIPO subscription open?
Deccan Transcon IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Deccan Transcon IPO?
Deccan Transcon IPO lot size is ? Shares, and the minimum amount required is Rs.?
How to apply for Deccan Transcon IPO?
You can apply in Deccan Transcon IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Deccan Transcon IPO allotment?
The finalization of Basis of Allotment for Deccan Transcon IPO will be done on September 119, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Deccan TransconIPO listing date?
Deccan Transcon IPO listing date is September 23, 2024.
Subscription status of Deccan TransconIPO
Deccan Transcon Leasing IPO (Day 2)
Price Rs. 108 Lot 1200 shares, Rs. 65.06 Crore
QIB
NII x
RII x
Total x
Applications
2.97
7.88
19.26
11.51
31,987 (18.21x)
Amount wise bids recd. Rs. ? Crore
Note:
What is the business of Deccan Transcon?
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services. It 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 us with access to shippers worldwide, enabling it to cater to the logistics needs of clients across the globe. Additionally, it has established a strong network of partners with global coverage, apart from its own Subsidiary and Associate company, allowing it to provide complete, end-to end 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. It has served more than 884 customers in the last one year.
The company’s promoters are Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev and Navaneeth Jaidev
What are the Objects of Deccan Transcon IPO?
The Offer comprises of fresh issue of shares and also offer for sale.
The Company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing on the NSE Emerge platform of the National Stock Exchange of India Limited:
Funding capital expenditure requirements towards procurement of Tank Containers.
Funding working capital requirements of the Company; and
General corporate purposes
Tentative timetable
IPO opens on
13 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe Company Deccan Transcon Leasing Limited Suite No 507, 5th floor Image Capital Park, Image Garden Road Madhapur, Shaikpet, Hyderabad- 500081
Who is the Lead Managerof this IPO? Unicon Capital Services Private Ltd
Who is the Registrar to IPO? Linkintime India Limited
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Deccan Transcon IPO Review
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services.
Size: Net size of the IPO is Rs.? crore, comprising of 5694000 shares. Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO. + from fundamental angle: ? + from grey market angle: ?
Deccan Transcon IPO FAQs What is Deccan TransconIPO?
This is a SME IPO of 6024000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.
When will Deccan TransconIPO subscription open?
Deccan Transcon IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Deccan Transcon IPO?
Deccan Transcon IPO lot size is ? Shares, and the minimum amount required is Rs.?
How to apply for Deccan Transcon IPO?
You can apply in Deccan Transcon IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Deccan Transcon IPO allotment?
The finalization of Basis of Allotment for Deccan Transcon IPO will be done on September 119, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Deccan TransconIPO listing date?
Deccan Transcon IPO listing date is September 23, 2024.
What is the latest grey market premium of Deccan Transcon IPO?
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services. It 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 us with access to shippers worldwide, enabling it to cater to the logistics needs of clients across the globe. Additionally, it has established a strong network of partners with global coverage, apart from its own Subsidiary and Associate company, allowing it to provide complete, end-to end 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. It has served more than 884 customers in the last one year.
The company’s promoters are Jaidev Menon Parath, Karthika Menon, Miriyala Shekhar, Pranav Jaidev and Navaneeth Jaidev
What are the Objects of Deccan Transcon IPO?
The Offer comprises of fresh issue of shares and also offer for sale.
The Company proposes to utilize the net proceeds from the Offer towards funding the following objects and achieve the benefits of listing on the NSE Emerge platform of the National Stock Exchange of India Limited:
Funding capital expenditure requirements towards procurement of Tank Containers.
Funding working capital requirements of the Company; and
General corporate purposes
Tentative timetable
IPO opens on
13 September 2024
IPO Closes on
19 September 2024
IPO Allotment on
20 September 2024
Refund Initiation
23 September 2024
Credit of Shares
23 September 2024
Listing on
24 September 2024
Registered Office ofthe Company Deccan Transcon Leasing Limited Suite No 507, 5th floor Image Capital Park, Image Garden Road Madhapur, Shaikpet, Hyderabad- 500081
Who is the Lead Managerof this IPO? Unicon Capital Services Private Ltd
Who is the Registrar to IPO? Linkintime India Limited
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Deccan Transcon IPO Review
Deccan Transcon provides end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (“NVOCC”) services.
Size: Net size of the IPO is Rs.? crore, comprising of 5694000 shares. Financial Snapshot: The company has shown sharp rise in its bottomline in the year prior to the IPO. + from fundamental angle: ? + from grey market angle: ?
Deccan Transcon IPO FAQs What is Deccan TransconIPO?
This is a SME IPO of 6024000 equity shares of the face value of Rs. 10 aggregating up to Rs.? Crores. The issue is priced at Rs.? per share. The minimum order quantity is ? Shares.
When will Deccan TransconIPO subscription open?
Deccan Transcon IPO opens on September 13, 2024, and closes on September 18, 2024.
What is the lot size of Deccan Transcon IPO?
Deccan Transcon IPO lot size is ? Shares, and the minimum amount required is Rs.?
How to apply for Deccan Transcon IPO?
You can apply in Deccan Transcon IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Deccan Transcon IPO allotment?
The finalization of Basis of Allotment for Deccan Transcon IPO will be done on September 119, 2024, and the allotted shares will be credited to your demat account by September 20, 2024.
When is Deccan TransconIPO listing date?
Deccan Transcon IPO listing date is September 23, 2024.
September 24, 2024
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