M/s Dhillon Freight Carrier offers logistics solution services, particularly road transportation. It is a goods transport agency offering parcel/less than truck-load (LTL), contract logistics, and fleet rental/fleet leasing services to industries.Products/Services:Parcel/Less than Truck-Load (LTL):Contract LogisticsFleet Rental/Fleet Leasing ServicesIt serves both B2B and B2C customers across the states of West Bengal, Bihar, Delhi, and Uttar Pradesh.The company has an in-house fleet of 62 vehicles. It operates through a network of 22 booking offices, pickup facilities, warehouses, delivery offices, and agency networks.StrengthsDiversified range of logistics servicesDiverse customer base across industries, i.e., Apparel, engineering goods, electrical hardware, footwear, paints, etc.Diverse fleet of 62 owned vehiclesYoung & modern fleet focusing on electric three-wheelers
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
70,400 | ₹0.510 |
|
NII
|
665,600 | ₹4.790 |
|
Retail
|
664,000 | ₹4.780 |
| Total ** | 1,400,000 | ₹10.080 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 3,200 | ₹230,400 |
| Retail (Max — 13 Lots) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min — 14 Lots) | 14 | 22,400 | ₹1,612,800 |
| S-HNI (Max — 66 Lots) | 66 | 105,600 | ₹7,603,200 |
| B-HNI (Min — 67 Lots) | 67 | 107,200 | ₹7,718,400 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 665,600 | 664,000 | 1,329,600 |
| Allotment price (Rs.) | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | — | 0.51 | — | — | — | 4.79 | 4.78 | 9.57 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 665,600 | 664,000 | 1,329,600 |
| Amount (Rs.cr.) | — | 0.51 | — | — | — | 4.79 | 4.78 | 9.57 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 70,400 | ₹0.51 |
5.03%
|
| NII / HNI | 665,600 | ₹4.79 |
47.54%
|
| Retail (RII) | 664,000 | ₹4.78 |
47.43%
|
| Total | 1,400,000 | ₹10.08 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 25.22 | 24.73 | 29.91 |
| EBITDA | 3.67 | 3.31 | 1.74 |
| Profit After Tax (PAT) | 1.73 | 1.09 | 0.36 |
| Net Worth | 5.23 | 3.50 | 1.50 |
| Total Assets | 9.71 | 9.16 | 6.78 |
| Reserves & Surplus | 2.71 | 0.98 | 1.33 |
| Total Borrowings | 3.34 | 4.80 | 4.39 |
| EBITDA Margin (%) | 14.84% | — | — |
| PAT Margin (%) | 6.99% | — | — |
Dhillon Freight Carrier Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: