Dhillon Freight Carrier IPO subscribed 2.91 times on the last day. The retail quota was subscribed over 4.87 times, NII was subscribed over 0.96 times, and QIB was subscribed over 0.00 times, respectively.
Details About Dhillon Freight Carrier IPO
Dhillon Freight Carrier got approval from SEBI for an IPO of around ₹10.08 crores. Dhillon Freight Carrier IPO is a fresh issue of ₹10.08 crores with a face value of ₹10 each. Further, Dhillon Freight Carrier had a set price band between ₹72 per share.
In the Dhillon Freight Carrier IPO, 3,200 shares were available in two lot sizes for the retail minimum and maximum categories. Moreover, 4,800 shares were in 3 lot sizes for the S-HNI Minimum category.
To invest in the Dhillon Freight Carrier IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,30,400.
- SHNI (Min): Minimum investment of ₹3,45,600.
Dhillon Freight Carrier IPO’s Subscription Duration
Dhillon Freight Carrier IPO was started for subscription on September 29, 2025, and closed on October 1, 2025. The Dhillon Freight Carrier IPO’s allotment date was October 3, 2025, and they received a refund on October 6, 2025. In contrast, Dhillon Freight Carrier’s listing date is scheduled for October 7, 2025.
Dhillon Freight Carrier IPO funds deployment
- The proceeds raised from the fresh issue will be utilized towards the purchase of Goods Transportation Vehicles and their Fabrication.
- Lastly, the remaining funds will be used for the company’s general corporate purposes.
About Dhillon Freight Carrier Company
Dhillon Freight Carrier was founded in 2014 and started providing logistics solution services, especially focusing on road transportation. From the beginning, the firm has started from scratch and grown over time.
Moreover, the Company is managed by Promoters, including Mr. Karan Singh Dhillon, Mr. Karamveer Singh Dhillon, and Mrs. Joyce Singh Dhillon. The promoter’s skills and experience are among the key factors driving the company’s growth.
The company has a clear mission to provide fast, reliable, and clear services, and they are committed to a continuous process of improvement through leadership, innovation, technology, and integrity. The company is launching the IPO, which could be beneficial for the long-term growth of the firm.
Financial Report of the Dhillon Freight Carrier Company
The company reported revenue of ₹25.22 crores in 2025 against ₹24.73 crores in 2024. The company reported a profit of ₹1.73 crores in 2025 against a profit of ₹1.09 crores in 2024.
