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Dhillon Freight Carrier IPO
2.92xsubscribed

Dhillon Freight Carrier IPO

Logistics
listed
₹2.30LMin. investment

Dhillon Freight Carrier Limited IPO Details

SectorLogistics
Price range₹72.00 – ₹72.00
IPO type
SME
Lot size1600 shares
Issue size₹10Cr
Red Herring Prospectus
Read
Market cap
₹28.22CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹24.74CrLower than sector avg
Growth rate3Y CAGR
-8.56%Lower than sector avg

Dhillon Freight Carrier IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Sep-25
0.0 times (X)
0.01 times (X)
0.53 times (X)
0.32 times (X)
30-Sep-25
0.0X
0.32X
1.9X
1.16X
01-Oct-25
0.0X
0.92X
4.79X
2.92X

As on 29-Sep-25, 5:00 PM

Dhillon Freight Carrier IPO Timeline

  1. Pre-apply
    26 Sep 2025
  2. Bid start
    29 Sep 2025
  3. Bid end
    1 Oct 2025
  4. Allotment
    3 Oct 2025
  5. Release of funds
    6 Oct 2025
  6. Demat transfer
    6 Oct 2025
  7. Listing
    7 Oct 2025

About Dhillon Freight Carrier Limited

Incorporated in May 2014, Dhillon Freight Carrier Limited is a goods transport agency providing parcel/Less than Truck-Load (LTL), contract logistics and fleet rental/fleet leasing services to different industries, serving B2B and B2C customers. It has an in-house fleet strength of about 62 vehicles as of FY25. The company operates primarily across West Bengal, Bihar, Delhi and Uttar Pradesh. It has an established network of 22 booking offices, pickup facilities, warehouses, delivery offices and through agency networks. Parcel/less than truck-load contributed 71.69% of revenue, followed by contract logistics 25.39% and fleet rental/fleet leasing services contributing 2.92% in FY25.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Dhillon Freight Carrier Limited IPO

Purchase of vehicles
76.09%
The company will use ₹7.67 crore to purchase and fabricate goods transport vehicles.
General corporate purposes
23.90%
Part of the IPO proceeds will be used for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹24.74Cr-8.56%₹1.73Cr₹28.22Cr10.500.64
This sector (avg.)₹711.28Cr0.02%-₹13.78Cr₹1,677.75Cr34.350.59
₹8,887.02Cr---₹1,291.84Cr₹38,252.26Cr31.230.07
₹6,763.79Cr---₹787.42Cr₹25,640.55Cr35.750.99
₹426.73Cr----₹38.28Cr₹10,164.42Cr29.860.03

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Dhillon Freight Carrier IPO Contact Details

Company NameDhillon Freight Carrier Limited

How to apply for Dhillon Freight Carrier IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Dhillon Freight Carrier Limited IPO FAQs