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DHILLON
LISTEDInvestors can bid for minimum 1600 shares (2 lots min for Individual) and in multiples. The table shows min-max investment by Individual and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
Individual(min) | 2 | 3,200 | ₹2.30L |
Individual(max) | 2 | 3,200 | ₹2.30L |
SHNI(min) | 3 | 4,800 | ₹3.46L |
SHNI(max) | 8 | 12,800 | ₹9.22L |
BHNI(min) | 9 | 14,400 | ₹10.37L |
Note: Lot size is 1600 shares at ₹72/share (₹₹1.15L/lot). SME: 2 lots minimum. Limits: Individual ₹0-₹2L, sHNI ₹2L-₹10L, bHNI >₹10L.
Dhillon Freight Carrier Limited specializes in logistics and road transportation services, focusing on parcel and less-than-truckload (LTL) shipments primarily in tier 2 and tier 3 cities. The company operates through owned and hired fleets, with services including contract logistics and fleet rental/leasing. It generated revenues of ₹25.22 crore with a profit after tax of ₹1.73 crore in the most recent fiscal year, supported by strategic cost management and investment in fleet expansion.
While Dhillon Freight Carrier Limited has shown profitability improvement and has a viable business model in an expanding logistics sector, the modest revenue growth, high leverage, large minimum investment, and lack of grey market premium indicate limited upside potential. The IPO's small size and listing on SME platform suggest lower liquidity and higher volatility risks. Therefore, it is advisable to avoid this IPO except for investors specifically looking for SME logistics exposure with a higher risk tolerance.
Analyst Notes: Automated research generated via Perplexity AI