
Financial Services / NBFC · NSE
Deccan Transcon Leasing Limited, established in February 2007, specializes in leasing tank containers and offering end-to-end freight and shipping solutions, including logistics, customs clearance, and NVOCC services. With a strong global presence across 40 countries, the company serves a wide range of industries, including chemicals, pharmaceuticals, FMCG, and agriculture. It has a diverse customer base with over 100 long-term clients and utilizes advanced logistics technologies to ensure smooth operations. As of July 31, 2024, Deccan Transcon employed 84 people and had successfully served more than 5,000 customers.
Price Band
₹102 – ₹108
Issue Size
₹65.06 Cr
Lot Size
1200 shares
GMP
+50.9%
Est. Listing
₹163
at current GMP
Subscribed
106.33x
overall
Open
13 Sep 2024
Close
19 Sep 2024
Allotment
20 Sep 2024
Refund
21 Sep 2024
Demat Credit
22 Sep 2024
Listing
24 Sep 2024
Overall Subscription
106.33x
Total Demand
QIB Multiplier
42.07x
Institutions & Funds
NII / HNI
149.62x
High Net-Worth
Retail (RII)
134.42x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,446,600 | 60,853,200 | 42.07x |
| NIB | 854,100 | 127,788,000 | 149.62x |
| RETAIL | 1,992,900 | 267,885,600 | 134.42x |
| Total | 4,293,600 | 456,526,800 | 106.33x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,757 | 236,176 | 134.42x |
| HNIs (10L +) | 11 | 1,646 | 149.62x |
| HNIs (2-10L) | 54 | 8,079 | 149.62x |
| Total Applications | 1,822 | 245,901 | 134.96x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
DECCAN TRANSCON LEASING LIMITED is bringing an initial public offering (IPO) in the Financial Services / NBFC sector with an aggregate issue size of ₹65.06 Crores. The shares are offered at a price band of ₹102 to ₹108 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-09-19, the basis of allotment is scheduled to be finalized on 2024-09-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for DECCAN TRANSCON LEASING LIMITED IPO is ₹55 per equity share. Based on the upper price band of ₹102 to ₹108 per equity share, the estimated listing price is ₹163 (+50.9% expected listing gain).
With a lot size of 1200 shares and current GMP of ₹55, the expected profit per application lot is approx ₹66,000 (+50.9% gain). Minimum application cost is approx ₹1,29,600.
The DECCAN TRANSCON LEASING LIMITED IPO aggregate issue size is ₹65.06 Crores with an equity price band set at ₹102 to ₹108 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,29,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 106.33x (Retail: 134.42x, QIB: 42.07x, NII: 149.62x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-09-20. Investors can verify status using PAN card or application number.
DECCAN TRANSCON LEASING LIMITED shares are scheduled to list on NSE on 2024-09-24.