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Deccan Transcon Leasing Limited IPO

Deccan Transcon Leasing Limited was a SME IPO in the Logistics Solution Provider sector, offered at ₹102–₹108 per share to raise ₹65 crore. It listed on 24 Sep 2024 at ₹116 and closed its first day at ₹110, a listing gain of +2.1% versus the ₹108 issue price. It now trades around ₹18 (-83.8% versus the issue price).

Frequently asked questions

What were the Deccan Transcon Leasing Limited IPO listing gains?
Deccan Transcon Leasing Limited listed on 24 Sep 2024 at ₹116, closing its first day at ₹110 — a listing gain of +2.1% versus the ₹108 issue price.
What was the price band and lot size of the Deccan Transcon Leasing Limited IPO?
The price band was ₹102–₹108 per share, with a minimum lot of 1,200 shares (₹1,29,600 at the upper band).
Who were the registrar and lead manager for the Deccan Transcon Leasing Limited IPO?
Link Intime India Private Limited was the registrar, and Unistone Capital was the book-running lead manager.