Deccan Transcon Leasing Ltd - IPO

Deccan Transcon Leasing Ltd IPO Details

Initial public offer of up to 60,24,000* equity shares of face value of Rs. 10 each (Equity Shares) of Deccan Transcon Leasing Limited (Company) for cash at a price of Rs.108 per equity share (including a share premium of Rs. 98 per equity share) (Offer Price) aggregating up to Rs. 65.06 crores comprising a fresh issue of up to 55,24,000 equity shares aggregating up to Rs. 59.66 crores by the company (Fresh Issue) and an offer for sale of up to 5,00,000 equity shares aggregating up to Rs. 5.40 crores by the promoter selling shareholders & selling shareholders, (the Offered Shares) (the Offer for Sale and together with the fresh issue, the Offer) of which 3,30,000 equity shares aggregating to Rs. 3.56 crores will be reserved for subscription by market maker to the offer (the Market Maker Reservation Portion). The offer, less market maker reservation, i.e. net offer 56,94,000 equity shares of face value of Rs. 10 each at price of Rs. 108 per equity share aggregating to Rs. 61.50 crores is herein after referred to as the Net Offer. The offer and the net offer will constitute 26.51% and 25.06% respectively of the fully diluted post-offer paid-up equity share capital of the company. Offer Price: Rs.108 per equity share of face value of Rs.10 each.The offer price 10.80 times of the face vlaue of equity shares.Anchor investor offer price: Rs.108 per equity shares the offer price is 10.80 times of the face value of equity shares.Bid cane be made for a minimum of 1200 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

Funding capital expenditure requirements towards procurement of Tank Containers. Funding for working capital requirements of the comany. General corporate purposes.

Deccan Transcon Leasing Ltd Contact Details

Deccan Transcon Leasing Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@deccantrans.com

Website - www.deccantrans.com