The provision chain and logistical options supplier goals to boost Rs 65.06 crore by means of the general public supply.
The SME IPO consists of a contemporary problem 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 will likely be finalised on September 20 and shares of the corporate will likely be tentatively listed on the NSE’s SME platform, Emerge, on September 24.
The IPO’s value 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 keeping with the corporate’s Crimson Herring Prospectus, out of the 60,24,000 shares provided – 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 difficulty is Hyperlink Intime India Pvt. Deccan Transcon Leasing’s IPO market maker is Giriraj Inventory Broking Pvt.
