Dhillon Freight Carrier IPO
Dhillon Freight Carrier IPO
Overview
Dhillon Freight Carrier IPO is a fixed price issue of ₹10.08 crores. The issue is entirely a fresh issue of 0.14 crore shares of ₹10.08 crore. Dhillon Freight Carrier IPO opens for subscription on Sep 29, 2025 and closes on Oct 1, 2025. The allotment for the Dhillon Freight Carrier IPO is expected to be finalized on Oct 3, 2025. Dhillon Freight Carrier IPO will list on BSE SME with a tentative listing date fixed as Oct 7, 2025. Dhillon Freight Carrier IPO price is ₹72.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400.00 (3,200 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (4,800 shares), amounting to ₹3,45,600. Finshore Management Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Anant Securities.
Total Shares
14,00,000
Issue Size
₹10.08 Cr
Price Band
₹72 – ₹72
Lot Size
1600 shares
Min. Investment
₹2,30,400
Max. Investment
₹2,30,400
Open Date
29 Sep, 2025
Close Date
01 Oct, 2025
Allotment
03 Oct, 2025
Listing
07 Oct, 2025
Max. Investment
₹2,30,400
Announced
29 Sep, 2025
Opening Date
29 Sep, 2025
Closing Date
01 Oct, 2025
Basis of Allotment
03 Oct, 2025
Initiation of Refunds
06 Oct, 2025
Credit of Shares
06 Oct, 2025
Listing Date
07 Oct, 2025
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About Dhillon Freight Carrier IPO
M/s Dhillon Freight Carrier offers logistics solution services, particularly road transportation. It is a goods transport agency offering parcel/less than truck-load (LTL), contract logistics, and fleet rental/fleet leasing services to industries.
Products/Services:
- Parcel/Less than Truck-Load (LTL):
- Contract Logistics
- Fleet Rental/Fleet Leasing Services
It serves both B2B and B2C customers across the states of West Bengal, Bihar,
Dhillon Freight Carrier IPO Share Price
Issue Breakdown
Shareholding
Dilution: 55.6% increase in shares
Dhillon Freight Carrier IPO Promoters Holding
Dhillon Freight Carrier IPO Financial Health
Dhillon Freight Carrier Ltd.'s revenue increased by 2% and profit after tax (PAT) rose by 58% between the financial year ending with March 31, 2025 and March 31, 2024.
Dhillon Freight Carrier IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3200 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 3200 | ₹2,30,400 |
| HNI (Min) | 3 | 4800 | ₹3,45,600 |
(All values in CR)
Dhillon Freight Carrier IPO Valuations
The market capitalization of Dhillon Freight Carrier IPO is ₹28.22 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 39.65 |
| ROCE | 31.77 |
| Debt/Equity | 0.64 |
| RoNW | 33.09 |
| PAT Margin | 6.99 |
| EBITDA Margin | 14.84 |
| Price to Book Value | 3.47 |
(All values in CR)
Dhillon Freight Carrier IPO Strength & Risk
Dhillon Freight Carrier IPO Strength:
Established track record in providing comprehensive logistics solutions including road transportation, parcel, fleet rental, and contract logistics.
Experienced management team with significant industry expertise.
Diversified range of logistics services catering to multiple industries.
Modern fleet, including electric three-wheelers, promoting cleaner logistics.
Serves a diverse customer base across sectors like apparel, engineering goods, electrical hardware, footwear, paints, chemicals, agriculture, and consumer electronics.
Adopts sustainable and eco-friendly practices.
Dhillon Freight Carrier IPO Risk:
Dependence on third-party service providers for a portion of the transportation fleet.
Geographic concentration potentially limiting market reach.
Heavy reliance on road infrastructure, which may face disruptions.
Performance sensitive to prevailing economic conditions.
Exposure to interest rate fluctuations affecting financing costs.
Dhillon Freight Carrier IPO Subscriptions Status
Dhillon Freight Carrier IPO subscribed 2.91 times. The public issue subscribed 4.87 times in the individual investors category, [.] times in QIB (Ex Anchor), and 0.96 times in the NII category by October 1, 2025 5:04:55 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Non-Institutional Buyers | 0.96 | 6,65,600 | 6,38,400 | 4.6 |
| Individual Investors (IND category bidding for 2 Lots) | 4.87 | 6,64,000 | 32,35,200 | 23.29 |
| Total | 2.91 | 13,29,600 | 38,73,600 | 27.89 |
| Market Maker | 1.00 | 70,400 | 70,400 | 0.51 |
Dhillon Freight Carrier IPO GMP
Dhillon Freight Carrier SME IPO last GMP is ₹0, last updated Oct 1st 2025 04:30 PM. With the price band of 72.00, Dhillon Freight Carrier SME IPO's estimated listing price is ₹72 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 30 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 30 Sep, 2025 | 72 | ₹0▼ | - | ₹72 (0.00%) | 19200 | 30 Sep, 2025 |
| 29 Sep, 2025 | 72 | ₹12 | 14600 | ₹84 (16.67%) | 19200 | 29 Sep, 2025 |
| 28 Sep, 2025 | 72 | ₹12▲ | 14600 | ₹84 (16.67%) | 19200 | 28 Sep, 2025 |
| 27 Sep, 2025 | 72 | ₹0 | - | ₹72 (0.00%) | - | 27 Sep, 2025 |
| 26 Sep, 2025 | 72 | ₹0 | - | ₹72 (0.00%) | - | 26 Sep, 2025 |
| 25 Sep, 2025 | 72 | ₹0 | - | ₹72 (0.00%) | - | 25 Sep, 2025 |
| 01 Oct, 2025 | 72 | ₹0 | - | ₹72 (0.00%) | - | 01 Oct, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Dhillon Freight Carrier IPO
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Go to IPO Section
Find Dhillon Freight Carrier IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.