Dhillon Freight Carrier Limited IPO

Dhillon Freight Carrier Limited IPO

SME BSE SME Fixed Price
Closed

Price Band

₹72

Total Issue

₹10.08 Cr

Bid Dates

29 Sep - 01 Oct

Subscription

-

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Founded in 2014, Dhillon Freight Carriers Limited is a logistics solutions provider specializing in road transportation services across India. The company operates as a Goods Transport Agency, offering Parcel / Less-than-Truck-Load (LTL), Contract Logistics, and Fleet Rental & Leasing services to diverse industries, serving both B2B and B2C customers. With an ISO 9001:2015 certification, Dhillon Freight Carriers ensures operational efficiency and customer satisfaction through quality-driven processes. The company currently maintains an in-house fleet strength of about 62 vehicles and has established a strong presence across West Bengal, Bihar, Delhi, and Uttar Pradesh, delivering dependable logistics support nationwide. Its operations are backed by a well-structured network of 22 booking offices, pickup facilities, warehouses, delivery offices, and agency partnerships, enabling smooth first-mile and last-mile connectivity.

Lot Info

Lot Information for Dhillon Freight IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,30,400
Individual (Max) 2 3,200 ₹2,30,400
Others (Min) 3 4,800 ₹3,45,600
Market Maker
70,400 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹10.08 Cr
Fresh Issue
₹10.08 Cr (0.14 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹72
Est. Gain 0.00%

Dhillon Freight IPO Peer Comparison

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 6, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Dhillon Freight IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 25.22 24.73 29.91
Profit after Tax 1.73 1.09 0.36
Net Worth 5.23 3.50 1.50
Total Borrowing 3.34 4.80 4.39
Total Assets 9.71 9.71 6.78
NAV per share (in ₹) 20.75 13.88 12.56
EPS - Basic (in ₹) 6.86 6.55 3.00

KPIs

EBITDA

14.84%

PAT

6.99%

RONW

33.09%

ROCE

31.77%

Debt to Equity

0.64

PE Ratio

10.50

PB Ratio

3.47

Mkt Cap (in Crs.)

28.22

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Karamveer Dhillon 43.25%
Karan Dhillon 37.70%
Others 19.05%

Management

Karan Dhillon Chairman & MD
Mukesh Agarwal CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 01 Oct 2025 | 05:00:00 PM

BSE SME Subscription Status for Dhillon Freight IPO
Category Sub (x) Offered Bids
Individual Investor 4.88x 6,64,000 32,38,400
Others 0.96x 6,64,000 6,38,400
Total 2.92x 13,28,000 38,76,800

Frequently Asked Questions

What is Dhillon Freight IPO?
Dhillon Freight IPO is a SME IPO having an issue size of ₹10.08 Crs. Dhillon Freight IPO is priced at ₹72 - ₹72 per share. The issue opens on 29 Sep 25 and closes on 01 Oct 25.
When will Dhillon Freight IPO open?
Dhillon Freight IPO opens on 29 Sep 25 and closes on 01 Oct 25.
What is the GMP of Dhillon Freight IPO?
The estimated Grey Market Premium of Dhillon Freight IPO is ₹0 per share (0.00%).
What is the lot size of Dhillon Freight IPO?
The minimum lot size of Dhillon Freight IPO is 1600 shares & the minimum application amount is Rs. 115200.
When is the allotment of Dhillon Freight IPO?
The allotment date of Dhillon Freight IPO is 03 Oct 25.
What is the listing date of Dhillon Freight IPO?
The listing date of Dhillon Freight IPO is 07 Oct 25.
What is the subscription of Dhillon Freight IPO?
Dhillon Freight IPO is subscribed -.
What is the price band of Dhillon Freight IPO?
Dhillon Freight IPO is priced at ₹72 - ₹72 per share.
How to check allotment status of Dhillon Freight IPO?
Click the allotment link on Dhillon Freight IPO page of IPO360.
How to apply Dhillon Freight IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Dhillon Freight IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Dhillon Freight IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Dhillon Freight IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date