1) Deccan Transcon IPO dimension
The IPO features a contemporary fairness challenge of 55.24 lakh shares and a suggestion on the market (OFS) valued at Rs 5.4 crore.
2) Deccan Transcon IPO value band
The corporate is providing its shares at Rs 102-108 apiece, and traders can bid for 1,200 shares in a single lot.
3) Deccan Transcon GMP
Within the unlisted market, the corporate’s shares have a GMP of Rs 45, indicating a premium of 42%.
4) About Deccan Transcon
The corporate provides end-to-end options for freight and transport companies, together with home logistics for tank containers, tank fleet administration, customs clearance and transportation, and Non-Vessel Working Frequent Service (NVOCC) companies.
5) Trade overview
The worldwide freight and logistics market is forecast to develop to $18.69 billion by 2026, with a compound annual development fee (CAGR) of 4.4%. Focusing particularly on logistics, the worldwide logistics market is predicted to succeed in $6.55 trillion by 2027, rising at a CAGR of 4.7% from 2022 to 2027.
6) Envirotech Methods monetary efficiency
For the yr ended March 2024, the corporate clocked complete revenues of Rs 152 crore and internet revenue of Rs 14.12 crore.
7) Objects of the supply
The online proceeds from the general public supply will likely be used to fund capital expenditure for the procurement of tank containers, working capital necessities, and basic company functions.
8) Lead managers and Registrar
Unistone Capital is performing because the lead supervisor to the problem and Hyperlink Intime India is the registrar.
9) Difficulty construction
About 50% of the supply is reserved for QIB traders, 35% for retail traders, and the remaining 15% for non-institutional traders.
10) Necessary dates
The IPO opens on September 13 and closes on September 18. The ultimate allotment will doubtless be made on September 19. The corporate’s shares will doubtless be listed on September 23.