Deccan Transcon IPO Subscription Status – IPO Closed

IPOWatch Team
September 20, 2024

IPOWatch Team

Deccan Transcon IPO subscription status started on Friday September 13, 2024 and will close on September 18, 2024. Deccan Transcon IPO to raise around ₹65.06 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹102 to ₹108 per equity share.

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.

Deccan Transcon IPO Subscription Status FAQs:

When Deccan Transcon IPO Subscription will start?

The IPO subscription starts on September 13, 2024 for NII, and Retail Investors.

How to subscribe Deccan Transcon IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Deccan Transcon IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Deccan Transcon IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Deccan Transcon “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Deccan Transcon IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Deccan Transcon “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Deccan Transcon IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Deccan Transcon ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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