Dhillon Freight Carrier IPO Details
The key details of Dhillon Freight Carrier’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹10.08 Cr |
| Price Range | ₹72 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,30,400 |
| Pre IPO Promotor Holding | 100% |
| Post IPO Promotor Holding | 64.29% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Dhillon Freight Carrier IPO Timelines
The IPO process for Dhillon Freight Carrier includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
29/09/2025
Start Date01/10/2025
End Date06/10/2025
Refund Initiation06/10/2025
Credit of Shares to Demat Ac07/10/2025
Listing DateDhillon Freight Carrier IPO Lot Size
The Dhillon Freight Carrier IPO has a fixed lot size of 1,600 shares, at a fixed price band of ₹72 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,30,400. For HNI investors, the minimum application is 4,800 shares (3 lots) worth ₹3,45,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,30,400 |
| Retail Maximum | 2 | 3200 | ₹2,30,400 |
| HNI Minimum | 3 | 4800 | ₹3,45,600 |
Dhillon Freight Carrier IPO Subscription Status
The subscription status for Dhillon Freight Carrier IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 0.94x | 4.74x | -- | 2.84x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Dhillon Freight Carrier IPO Company Financials
Dhillon Freight Carrier reports robust performance in FY2025 with Total Income of ₹25.22 crores, managing expenses at ₹22.87 crores, and achieving a strong PAT (Profit After Tax) of ₹1.73 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹29.91 | ₹29.43 | ₹0.36 |
| FY 2024 | ₹24.73 | ₹23.26 | ₹1.09 |
| FY 2025 | ₹25.22 | ₹22.87 | ₹1.73 |
About Company
M/s Dhillon Freight Carrier is a logistics solutions provider specializing in road transportation services. The company functions as a goods transport agency, offering parcel and less than truck-load services, contract logistics, and fleet rental or leasing solutions. It caters to both business-to-business and business-to-consumer clients, providing flexible and reliable transportation options tailored to diverse industry needs. Its service footprint spans across key northern and eastern Indian states including West Bengal, Bihar, Delhi, and Uttar Pradesh.
With a strong operational backbone, the company owns a fleet of 62 vehicles and manages its logistics operations through a network of 22 strategically located booking offices. These are supported by pickup facilities, warehouses, delivery offices, and agency partnerships, ensuring efficient and timely delivery. This infrastructure allows M/s Dhillon Freight Carrier to maintain high service standards and meet the varied transportation and logistics requirements of its customers.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2014 | Logistics | Karan Singh Dhillon |
Know Before Investing
Dhillon Freight Carrier IPO Strengths
- Operates across West Bengal, Bihar, Delhi, and Uttar Pradesh with 22 offices and booking points, enabling broad customer reach.
- Offers parcel/LTL, contract logistics, fleet rental, and leasing to both B2B and B2C customers, meeting diverse transport needs.
- Emphasizes adoption of fuel-efficient vehicles and supports the transition to electric vehicles through its NBFC arm.
- About 95% of revenue is derived from widely used goods transport and logistics segments, ensuring steady demand.
- Serves a broad customer base, reducing reliance on any single client or sector.
Dhillon Freight Carrier IPO Risks
- Delays in acquiring or fabricating new vehicles or containers can disrupt operations, reduce capacity, and impact service levels.
- A significant portion of the fleet is outsourced from third-party vendors, leading to risks related to availability, cost fluctuations, and loss of operational control.
- A major part of revenue is derived from select regions such as West Bengal, Bihar, Delhi, and Uttar Pradesh, making the company vulnerable to adverse developments or demand shifts in these markets.
- Increases in fuel, maintenance, and labor costs can squeeze margins, especially in an environment of intense price competition.
- Competes with bigger logistics players with superior technology, wider networks, and better economies of scale, potentially impacting growth and profitability.
- Requires significant working capital to maintain fleet and operations; delays in receivables or inefficient cash flow management may strain liquidity.
Swot Analysis for Dhillon Freight Carrier IPO
Strengths
Efficient Regional Network, Improving Financial Metrics, Diverse Service Portfolio
Weaknesses
Regional Concentration, Third-Party Dependence, Vulnerability to Regional Risks
Opportunities
EV and Green Logistics, Contract Logistics Growth, Technology Integration
Threats
Rising Operating Costs, Delays and Claims Risk, Client Concentration Risk
Company Details
Dhillon Freight Carrier Ltd.
Chatterjee International Building, 33A Jawaharlal Nehru Road, 20th Floor, Suite No. A03, Middleton Row, Kolkata, Kolkata, West Bengal, India, 700071
Phone: +91 99031 30247
Email: cs@dfclogistics.in
Website: http://www.dfclogistics.in/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: dfc.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Dhillon Freight Carrier SME IPO are:
- Purchase of Goods Transportation Vehicles and its Fabrication
- General Corporate Expenses
Finshore Management Services Ltd. is the book-running lead managers for the Dhillon Freight Carrier IPO.
Dhillon Freight Carrier IPO presents steady growth potential with revenue of ₹25.22 crore in FY25 and PAT rising 58% to ₹1.73 crore, reflecting operational efficiency. With 62 vehicles, 22 offices, and ISO certification, it is positioned to benefit from India’s expanding logistics market.
The issue price for the Dhillon Freight Carrier IPO is set to ₹72 per share.
To invest in two lot of Dhillon Freight Carrier IPO, you need ₹2,30,400 at the fixed price band (₹72 per share) for a lot size of 3200 shares.
Dhillon Freight Carrier IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on October 7, 2025.
Refund/unblocking of funds for Dhillon Freight Carrier IPO will begin on October 6, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Dhillon Freight Carrier IPO shares on listing day (October 7, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.