Deccan Transcon Leasing Limited

Deccan Transcon Leasing IPO is open for subscription starting Friday, September 13, 2024, and closing on Wednesday, September 18, 2024. This upcoming IPO price is Rs 102 to Rs 108 per share. The minimum lot size set for the retail category is 1200 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,29,600 (108 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,59,200 (108 x 2400 shares). Deccan Transcon Leasing IPO is a book-built issue of Rs 65.06 crores. This upcoming IPO is a mixture of Rs fresh issue and offer-for-sale. The fresh issue is of 55.24 lakh equity shares amounting to Rs 59.66 crores, and the OFS component is of 5 lakh equity shares amounting to Rs 5.40 crores.   The allotment for this new IPO is expected to be finalised on Thursday, September 19, 2024. Deccan Transcon Leasing IPO will be listed on NSE SME on Monday, September 23, 2024. Unistone Capital Private Limited is the book-running lead manager, Link Intime India Private Limited is the registrar, and Giriraj Stock Broking is the market maker for this IPO.