Deccan Transcon Leasing IPO vs Gajanand International IPO

Comparision between Deccan Transcon Leasing IPO and Gajanand International IPO.

IPO Details

Deccan Transcon Leasing IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Gajanand International IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Deccan Transcon Leasing IPO	Gajanand International IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Unistone Capital Pvt Ltd	Fast Track Finsec Pvt Ltd
Registrar	Link Intime India Private Ltd	Skyline Financial Services Private Ltd
Market Maker	Giriraj Stock Broking Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Deccan Transcon Leasing IPO is up to ₹65.06 Cr whereas the issue size of the Gajanand International IPO is up to ₹20.65 Cr. The final issue price of Deccan Transcon Leasing IPO is ₹108.00 per share and of Gajanand International IPO is ₹36.00 per share.

	Deccan Transcon Leasing IPO	Gajanand International IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹102.00 per share
Issue Price (Upper)	₹108.00 per share
Issue Price (Final)	₹108.00 per share	₹36.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	3000 shares
Fresh Issue Size	55,24,000 shares	57,36,000 shares
Fresh Issue Size (Amount)	up to ₹59.66 Cr	up to ₹20.65 Cr
OFS Issue Size	5,00,000 shares
OFS Issue Size (Amount)	up to ₹5.40 Cr
Issue Size Total	60,24,000 shares	57,36,000 shares
Issue Size Total (Amount)	up to ₹65.06 Cr	up to ₹20.65 Cr

IPO Timetable

Deccan Transcon Leasing IPO opens on Sep 13, 2024, while Gajanand International IPO opens on Sep 09, 2024. The closing date of Deccan Transcon Leasing IPO and Gajanand International IPO is Sep 19, 2024, and Sep 11, 2024, respectively.

	Deccan Transcon Leasing IPO	Gajanand International IPO
Anchor Bid Date	Sep 12, 2024
Issue Open	Sep 13, 2024	Sep 09, 2024
Issue Close	Sep 19, 2024	Sep 11, 2024
Basis Of Allotment (Tentative)	Sep 20, 2024	Sep 12, 2024
Initiation of Refunds (Tentative)	Sep 23, 2024	Sep 13, 2024
Credit of Share (Tentative)	Sep 23, 2024	Sep 13, 2024
Listing date (Tentative)	Sep 24, 2024	Sep 16, 2024
Anchor Lockin End date 1	Oct 19, 2024
Anchor Lockin End date 2	Dec 18, 2024

Financials

Deccan Transcon Leasing IPO P/E ratio is 15.72, as compared to Gajanand International IPO P/E ratio of 21.08.

Deccan Transcon Leasing IPO

Gajanand International IPO

Financial

Deccan Transcon Leasing Limited Financial Information (Restated Consolidated)

Deccan Transcon Leasing Limited's revenue decreased by -15% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	7,721.58	5,407.72	3,924.64
Revenue	15,363.76	18,061.76	15,319.4
Profit After Tax	1,181.89	855.7	519.1
Net Worth	3,221.32	2,028.26	1,207.59
Reserves and Surplus	1,501.37	1,808.26	987.59
Total Borrowing	2,309.55	1,775.49	989.82
Amount in ₹ Lakhs

Gajanand International Limited Financial Information (Restated)

Gajanand International Limited's revenue increased by 48% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,931.1	1,900.58	1,944.36
Revenue	10,874.81	7,342.4	6,176.21
Profit After Tax	223.73	141.06	2.85
Net Worth	1,771.36	547.62	406.57
Reserves and Surplus	461.4	505.75	364.7
Total Borrowing	1,207.07	1,179.48	1,465.28
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

87.17%

90.50%

Promoter Shareholding (Post-Issue)

62.34%

P/E Ratio

15.72

21.08

Market Cap

₹245.41 Cr.

₹67.81 Cr.

ROE

45.03%%

19.30%%

ROCE

41.43%%

29.72%%

Debt/Equity

0.72

0.68

EPS

₹6.87

₹1.71

RoNW

36.69%%

19.30%%

Shares Offered

In the Deccan Transcon Leasing IPO retail investors (RII) are offered 19,92,900 shares while in Gajanand International IPO retail investors are offered 19,92,900 shares. Qualified institutional buyers (QIB) are offered 14,46,600 shares in Deccan Transcon Leasing IPO and 0 shares in Gajanand International IPO.

	Deccan Transcon Leasing IPO	Gajanand International IPO
Anchor Investor Reserveration	14,00,400 shares
Market Maker Reserveration	3,30,000 shares	2,88,000 shares
QIB	14,46,600 shares	0 shares
NII	8,54,100 shares	27,24,000 shares
RII	19,92,900 shares	27,24,000 shares
Employee	0 shares	0 shares
Others
Total	42,93,600 shares	54,48,000 shares

Bids Received (Subscription)

Deccan Transcon Leasing IPO subscribed 102.60x in total, whereas Gajanand International IPO subscribed 15.27x.

	Deccan Transcon Leasing IPO	Gajanand International IPO
QIB (times)	42.07x
NII (times)	147.76x	5.79x
Big NII (times)
Small NII (times)
RII (times)	127.18x	24.18x
Employee (times)
Other (times)
Total (times)	102.60x	15.27x

Compare with others

Deccan Transcon Leasing IPO	Gajanand International IPO
Pelatro IPO	Popular Foundations IPO
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Paramount Speciality Forgings IPO	Deccan Transcon Leasing IPO
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Gajanand International IPO	Share Samadhan IPO
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SPP Polymer IPO	Aditya Ultra Steel IPO

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