Deccan Transcon Leasing Limited IPO

Deccan Transcon Leasing IPO is a book built issue of Rs. 65.06 crores. The issue is a combination of fresh issue of 55.24 lakh shares aggregating to Rs. 59.66 crores and offer for sale of 5 lakh shares aggregating to Rs. 5.40 crores.

Deccan Transcon Leasing IPO opens for subscription on September 13, 2024 and closes on September 18, 2024. The allotment for the Deccan Transcon Leasing IPO is expected to be finalized on Thursday, September 19, 2024. Deccan Transcon Leasing IPO will list on NSE SME with tentative listing date fixed as Monday, September 23, 2024.

Deccan Transcon Leasing IPO price band is set at ₹102 to ₹108 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹129,600. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹259,200.

Deccan Transcon Leasing IPO – Key Dates

The cut-off time for UPI mandate confirmation is 5:00 PM on 18th September 2024. This deadline is crucial for investors to ensure their applications are processed successfully. Investors are advised to complete their applications well before this deadline to avoid any last-minute technical issues or delays.

Deccan Transcon Leasing IPO Details

Deccan Transcon Leasing IPO Allocation & Minimum Investment Lot Size

The IPO shares are allocated across different investor categories as follows:

Investors can place bids for a minimum of 1200 shares, with additional bids required in multiples of this figure. The table below illustrates the minimum and maximum investment amounts for retail investors and HNIs, expressed in shares and monetary values.