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Deccan Transcon Leasing Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Deccan Transcon Leasing Ltd IPO

Registered Office: Suite # 507 5th Flr Image Cap.,Park Image Garden Rd Shaikpet , Hyderabad - 500081 , Telangana , India.
Phone : 040-4014 6828   Fax:
Email :  compliance@deccantrans.com  
Website :  www.deccantrans.com
Initial public offer of up to 60,24,000* equity shares of face value of (Rs)10 each ("Equity Shares") of Deccan Transcon Leasing Limited ("Company") for cash at a price of (Rs)108 per equity share (including a share premium of (Rs)98 per equity share) ("Offer Price") aggregating up to (Rs)65.06 crores comprising a fresh issue of up to 55,24,000 equity shares aggregating up to (Rs)59.66 crores by the company ("Fresh Issue") and an offer for sale of up to 5,00,000 equity shares aggregating up to (Rs)5.40 crores by the promoter selling shareholders & selling shareholders, (the "Offered Shares") (the "Offer for Sale" and together with the fresh issue, the "Offer") of which 3,30,000 equity shares aggregating to (Rs)3.56 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 56,94,000 equity shares of face value of (Rs)10 each at price of (Rs)108 per equity share aggregating to (Rs)61.50 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 26.51% and 25.06% respectively of the fully diluted post-offer paid-up equity share capital of the company. Offer Price: (Rs)108 per equity share of face value of (Rs)10 each. The offer price 10.80 times of the face vlaue of equity shares. Anchor investor offer price: (Rs)108 per equity shares the offer price is 10.80 times of the face value of equity shares. Bid cane be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Sep-24 19-Sep-24 (Rs)108.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Unistone Capital Pvt Ltd
Project Financed through Current Offer 65.06  
Post Issue Equity Share Capital 22.72  
Issue Price (Rs)108.00  
 
Projects
Funding capital expenditure requirements towards procurement of Tank ContainersGeneral corporate purposes
Funding for working capital requirements of the comany
Promoted By
Jaidev Menon Parath  
Karthik Menon  
Miriyala Shekhar  
Listing At
NSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd