The provision chain and logistical options supplier goals to lift Rs 65.06 crore by means of the general public provide.
The SME IPO consists of a recent subject of 55.24 lakh shares aggregating to Rs 59.66 crore and an offer-for-sale part of 5 lakh shares, amounting to Rs 5.4 crore.
The allotment of Deccan Transcon Leasing IPO shall be finalised on September 20 and shares of the corporate shall be tentatively listed on the NSE’s SME platform, Emerge, on September 24.
The IPO’s worth band has been mounted between Rs 102 and Rs 108 per share. Retail traders can bid for a minimal lot of 1,200 shares, aggregating to an funding of Rs 1,29,600.
In response to the corporate’s Crimson Herring Prospectus, out of the 60,24,000 shares supplied – 24.01% is reserved for QIB, 14.18% for Non-institutional traders, 33.08% for retail traders and 23.25% for Anchor traders.
Deccan Transcon Leasing IPO’s book-running lead supervisor is Unistone Capital Pvt. and the registrar for the problem is Hyperlink Intime India Pvt. Deccan Transcon Leasing’s IPO market maker is Giriraj Inventory Broking Pvt.
