The Deccan Transcon IPO minimum market lot is 1200 shares with ₹129,600 application amount. The Deccan Transcon IPO is a SME IPO, and it is to be listed on NSE.
Deccan Transcon was established in 2007 as ‘Libenil Logistics Private Limited’. The company is famous for transporting bulk liquids and hazardous chemicals using tank containers. It offers freight and shipping services, including tank fleet management, domestic tank container logistics, custom clearance, and NVOCC services. The company has expanded its network coverage to over 40 countries globally and crossed a turnover of over 150 crores. The company has a team of over 84 skilled professionals, including a subsidiary company, Deccan Shipping & Logistics SND. BHD, and an associate company, King Star Freight Private Limited, with a 47.50% stake. As of July 2024, the company has served over 884 customers.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Deccan Transcon IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 | Day 4 | Day 5 |
| QIB | 2.97 | 2.97 | 2.97 | 2.97 | 42.07 |
| NII | 3.86 | 7.88 | 21.80 | 31.93 | 147.63 |
| RII | 4.68 | 19.26 | 49.02 | 69.19 | 126.58 |
| Total | 3.94 | 11.51 | 28.09 | 39.47 | 102.29 |
Deccan Transcon IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Deccan Transcon IPO Review
- May Apply
Deccan Transcon IPO Form
How to apply for the Deccan Transcon IPO? You can apply for Deccan Transcon IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Deccan Transcon IPO in the Invest section. The other option is you can apply for Deccan Transcon IPO via IPO forms downloaded online. Check out the Deccan Transcon forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
