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Open
29 Sep to 1 Oct, 2025
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Close
29 Sep to 1 Oct, 2025
3
Allotment
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Listing
Tue, Oct 7, 2025
Price Band
₹72 per share
Issue Size
14,00,000 shares (agg. up to ₹10 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Oct 7, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.90x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 9.71 | 9.16 | 6.78 |
| Total Income | 25.22 | 24.73 | 29.91 |
| Profit After Tax | 1.73 | 1.09 | 0.36 |
| EBITDA | 3.67 | 3.31 | 1.74 |
| NET Worth | 5.23 | 3.50 | 1.50 |
| Reserves and Surplus | 2.71 | 0.98 | 1.33 |
| Total Borrowing | 3.34 | 4.80 | 4.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| BLT Logistics Ltd. | SME | ₹9.72 Cr | ₹75 | 6.84 | ₹95.49 | +27.32% | ₹30.55 (-2.68%) |
| Blue Water Logistics Ltd. | SME | ₹40.50 Cr | ₹135 | 10.12 | ₹148.05 | +9.67% | ₹424.80 (+2.37%) |
| Iware Supplychain Services Ltd. | SME | ₹27.13 Cr | ₹95 | 9.31 | ₹80.90 | -14.84% | ₹530.80 (+3.32%) |
| Rapid Fleet Management Services Ltd. | SME | ₹43.87 Cr | ₹192 | 12.25 | ₹200.90 | +4.64% | ₹184.00 (+2.22%) |
| Paradeep Parivahan Ltd. | SME | ₹44.86 Cr | ₹98 | 7.4 | ₹82.32 | -16.00% | ₹222.75 (-0.91%) |
| PDP Shipping & Projects Ltd. | SME | ₹12.65 Cr | ₹135 | 11.89 | ₹102.85 | -23.81% | ₹50.01 (+0.00%) |
| Tejas Cargo India Ltd. | SME | ₹105.84 Cr | ₹168 | 22.35 | ₹168.00 | +0.00% | ₹385.00 (+1.32%) |
| GB Logistics Commerce Ltd. | SME | ₹25.07 Cr | ₹102 | 12.03 | ₹81.75 | -19.85% | ₹29.84 (+3.36%) |
| Pranik Logistics Ltd. | SME | ₹22.47 Cr | ₹77 | 15.33 | ₹82.95 | +7.73% | ₹44.00 (+0.00%) |
| Om Freight Forwarders Ltd. | Mainboard | ₹122.31 Cr | ₹135 | 19.56 | ₹85.57 | -36.61% | ₹91.40 (+3.30%) |
| Glottis Ltd. | Mainboard | ₹307.00 Cr | ₹129 | 18.38 | ₹83.70 | -35.12% | ₹67.20 (-0.82%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Goods Transportation Vehicles and its Fabrication | 7.67 |
| 2 | General Corporate Expenses | 1.09 |
| 3 | Issue Expenses | 1.32 |
| Total | 10.08 |
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, Delhi, and Uttar Pradesh. The company has an in-house fleet of 62 vehicles. It operates through a network of 22 booking offices, pickup facilities, warehouses, delivery offices, and agency networks. Strengths Diversified range of logistics services Diverse customer base across industries, i.e., Apparel, engineering goods, electrical hardware, footwear, paints, etc. Diverse fleet of 62 owned vehicles Young & modern fleet focusing on electric three-wheelers + Read More
Contact Details
Dhillon Freight Carrier Ltd. AddressChatterjee International Building33A Jawaharlal Nehru Road20th Floor, Suite No.A03, Middleton RowKolkata, West Bengal, 700071+91 99031 30247cs@dfclogistics.inVisit Website