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Dhillon Freight Carrier Limited operates in the logistics solutions to businesses, particularly road transportation. The company is a goods transport agency providing Parcel/Less than Truck-Load (LTL), Contract Logistics and Fleet Rental/Fleet Leasing services to different industries. The report further states that in FY22, organised players represented only 5.5-6% of the logistics market segments. However, organised players are anticipated to exhibit a CAGR of approximately 32% between 2022 and 2027. Consequently, their market share is expected to reach 12-15% by FY27.
DP Dhillon’s existing growth is driven by its diversified service portfolio across full truck load, LTL, contract logistics and fleet leasing, supported by an established nationwide network of booking offices, warehouses and agents. Strong client relationships, proven fleet management expertise and cost efficiency strengthen its position, while rising demand for organized logistics and e-commerce provides additional momentum.
| Revenue | ₹24.02 cr | ₹24.73 cr (+2.96%) | |
| PAT | ₹1.09 cr | ₹1.72 cr (+57.80%) | |
| PAT Margin | 4.54 % | 6.96 % (+53.30%) | |
| EBITDA | ₹3.31 cr | ₹4.14 cr (+25.08%) | |
| EBITDA Margin | 13.78 % | 16.74 % (+21.48%) | |
| ROE | 31.14 % | 32.95 % (+5.81%) | |
| ROCE | 23.48 % | 31.77 % (+35.31%) | |
| D/E | 0.97 | 0.41 (-57.73%) |
DP Dhillon’s business is well-diversified across full truck load and less-than-truck load services, contract logistics, and fleet leasing, enabling multiple revenue streams, reducing reliance on any single segment, and providing resilience against market fluctuations.
PE Ratio: 16.32x Average Sector PE Ratio: 15.63x
| NII (HNI) Shares Offered: | 665600 |
| Retail Shares Offered: | 664000 |
| Total Shares Offered: | 1329600 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Max) | 2 | 3200 | ₹230400 |
| S-HNI (Min) | 3 | 4800 | ₹345600 |
Avg IPO Size (Sector Based):
₹ 24.62 cr.
Average Sector PE Ratio:
15.63 X
Listing Price:
₹ 57.60
Since its inception in 2014, Dhillon Freight Carrier Limited has been engaged in delivering comprehensive logistics solutions, with a primary focus on road transportation. The company offers a range of services including Parcel/Less than Truck-Load (LTL), Contract Logistics, and Fleet Rental/Fleet Leasing, catering to the needs of various industries. It serves both B2B and B2C customers, ensuring flexible and reliable logistics support across sectors. The company currently maintains an in-house fleet of approximately 62 vehicles and primarily operates across West Bengal, Bihar, Delhi, and Uttar Pradesh, delivering logistics solutions to businesses across the country. It has a well-established network comprising 22 booking offices, pickup facilities, warehouses, delivery offices, and an extensive agency network.
Finshore Management Services Limited, based in Kolkata is the Lead Manager (BRLM) of Dhillon Freight IPO. Finshore Management Services Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Finshore Management Services Limited .
Dhillon Freight Carrier IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Dhillon Freight Carrier Financial Review Page
Merchant Banker(s) of Dhillon Freight Carrier IPO: Finshore Management Services Limited
Dhillon Freight Carrier IPO subscription was 2.91 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Dhillon Freight Carrier IPO listed at a listing price of 57.60 against the offer price of 72.00.
The current market price of Dhillon Freight Carrier is 51.99.
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