Deccan Transcon Leasing SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Deccan Transcon Leasing IPO. Explore Deccan Transcon Leasing IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Deccan Transcon Leasing Limited, incorporated in 2007 as Libenil Logistics Private Limited, provides comprehensive freight and shipping solutions, specializing in the domestic logistics of tank containers, fleet management, customs clearance and Non-Vessel Operating Common Carrier (NVOCC) services. The company primarily leases tank containers and offers logistics and supply chain solutions to clients across various industries. A key focus is the safe transportation of bulk liquids and hazardous chemicals using tank containers. Deccan Transcon Leasing boasts a robust agency network, providing global shipping access and a strong partner network to deliver end-to-end logistics services.
Key Points:
- Industry Focus: Freight & shipping services, specializing in the leasing of tank containers and logistics solutions for bulk liquids and hazardous chemicals.
- Global Reach: Strong international agency and partner network providing shipping solutions worldwide.
- Fleet Size: As of May 2024, the company manages over 2,500 tank containers and 750 TEUs of box containers.
- Client Base: Served 884 customers in the past year, with over 100 customers having long-term relationships of more than three years.
- Subsidiary & Associate Companies: Deccan Shipping & Logistics SND. BHD (DSLSB) and King Star Freight Private Limited (KSFPL), with a 47.5% stake.
- Service Offerings: Customized logistics solutions, including tank fleet management, custom clearance and NVOCC services, as well as safe transportation of dangerous goods.
Objects of the Issue
- Funding capital expenditure requirements towards procurement of Tank Containers.
- Funding working capital requirements of the Company
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 13 Sep - 19 Sep 2024 |
| IPO Price Band | ₹102 - ₹108 per share |
| Fresh Issue | 55,24,000 shares (₹59.66 crore) |
| Offer For Sale | 5,00,000 shares (₹5.40 crore) |
| Total IPO Size | Approx ₹65.06 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 13 Sep 2024 |
| IPO Closing Date | 19 Sep 2024 |
| Basis Of Allotment | 20 Sep 2024 |
| Refunds | 23 Sep 2024 |
| Demat Transfer | 23 Sep 2024 |
| IPO Listing Date | 24 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 91.70 | 153.19 | 180.62 | 153.64 |
| Total Expenses | 88.30 | 146.69 | 171.19 | 139.51 |
| Net Profit/Loss | 2.70 | 5.19 | 8.56 | 11.82 |
| NPM (*) | 2.95 | 3.39 | 4.76 | 7.75 |
| Total Assets | 36.08 | 39.25 | 54.08 | 77.22 |
| Total Liabilities | 28.56 | 25.74 | 30.86 | 39.84 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 1.62 | 3.08 | 5.07 | 6.87 |
| ROE (%) | 37.02 | 53.60 | 52.89 | 45.03 |
| ROCE (%) | 28.48 | 40.26 | 43.22 | 41.43 |
| D/E Ratio | 1.31 | 0.82 | 0.88 | 0.72 |
| Current Ratio | 1.11 | 1.28 | 1.46 | 1.87 |
| EBITDA MARGIN (%) | 5.83 | 5.76 | 7.13 | 12.47 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Deccan Transcon Leasing Ltd | 152.56 | 15.72 | 6.87 | 36.69 | 18.73 |
| Lancer Container Lines Ltd | 633.41 | 17.66 | 2.7 | 14.58 | 21.13 |
| S J Logistics ( India ) Ltd | 270.86 | 29.01 | 20.03 | 20.18 | 105.27 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 42.07 |
| Non-Institutional Investor (NII/HNI) | 147.76 |
| Retail Individual Investor (RII) | 127.18 |
| Total | 102.6 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- Jaidev Menon Parath
- Karthika Menon
- Miriyala Shekhar
- Pranav Jaidev
- Navaneeth Jaidev
Lead Managers
- UNISTONE CAPITAL PRIVATE LIMITED
Company Address
Deccan Transcon Leasing Limited
Suite No 507, 5th floor, Image Capital Park, Image Garden Road, Madhapur, Shaikpet, Hyderabad- 500081, Telangana, India
Phone: 040-40146828
Email: compliance@deccantrans.com
Website: www.deccantrans.com
FAQs
- What is the issue size of the Deccan Transcon Leasing SME IPO?The Deccan Transcon Leasing SME IPO has an issue size of Approx ₹65.06 crore. This includes a fresh issue of 55,24,000 shares (₹59.66 crore) and an offer for sale (OFS) of 5,00,000 shares (₹5.40 crore).
- What is the price band of the Deccan Transcon Leasing IPO?The price band for the Deccan Transcon Leasing IPO is ₹102 - ₹108 per share.
- What are the bidding dates for the Deccan Transcon Leasing IPO?The Deccan Transcon Leasing IPO will open for bidding on 13 Sep 2024 and close on 19 Sep 2024.
- What is the allotment date for the Deccan Transcon Leasing IPO?The allotment date for the Deccan Transcon Leasing IPO is 20 Sep 2024.
- What is the listing date for the Deccan Transcon Leasing IPO?The listing date for the Deccan Transcon Leasing IPO is 24 Sep 2024.
- What is the Deccan Transcon Leasing IPO grey market premium?The grey market premium (GMP) for the Deccan Transcon Leasing IPO is currently at ₹55, with an expected listing gain of approximately 50.93%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.