Deccan Transcon Leasing IPO

Deccan Transcon Leasing Limited IPO: Fresh issue of 55.24L shares for INR 59.66 Cr, offer to sell 5L shares for INR 5.40 Cr. Funds for tank container, working capital & more.

Important Details

Open Date : September 13, 2024 Close Date : September 18, 2024 Allotment Date: September 19, 2024 Listing Date: September 23, 2024

Important Details

IPO Price: INR 102-108 per share Lot Size: 1200 Shares Total Issue Size: INR 65.06 crores

Fundamental Analysis

Deccan Transcon Leasing IPO  shows mixed performance: 1. Revenue increased. 2. Profitability and EPS up. 3. Debt-equity ratio down. 4. Total assets grew. 5. RoNW declined, Liquidity improved.

Peer Comparison

Deccan Transcon Leasing Ltd: Moderate revenue, steady EPS & RoNW. Lancer Container Lines Ltd: High revenue, moderate EPS, lower RoNW. S J Logistics (India) Ltd: Substantial revenue, high profitability

Objective

Deccan Transcon Leasing Ltd aims to fund capital expenditures for tank containers and support working capital needs.

Risks And Challenges

Deccan Transcon Leasing IPO Risks: 1. Misinterpreted “Leasing” as NBFC-related. 2. Dependence on key clients and major China customer. 3. Risk of cost increases. 4. Customer loss impacting profitability and cash flow.