Dhillon Freight Carrier Ltd (BSE SME)

User profile picture

Dhillon Freight Carrier

September 29, 2025 – October 1, 2025

Price ₹72 - ₹72
GMP Rumors * ₹0
Lot size 1600
Allotment Oct 3, 2025
Listing Oct 7, 2025


Dhillon Freight Carrier Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
INDIVIDUAL 2 3200 230400 415
HNI 3 4800 345600 139

Dhillon Freight Carrier Reservation

Category Shares Offered %
HNI 665600 47.54%
INDIVIDUAL 664000 47.43%
Market Maker 70400 5.03%
Total 1400000 100%

Dhillon Freight Carrier About

IPO Details
Total Issue Size14,00,000 shares (aggregating up to ₹10.08 Cr)
Fresh Issue14,00,000 shares (aggregating up to ₹10.08 Cr)
Issue TypeFixed Price IPO
Listing AtBSE SME
Share Holding Pre Issue25,20,000 shares
Share Holding Post Issue39,20,000 shares
Reserved for Market Maker70,400 shares (aggregating up to ₹0.5069 Cr)
Market MakerAnant Securities
Key Performance Indicators (KPI)
KPIMar-25Mar-24Mar-23
RONW33.09%31.25%23.89%
ROCE31.77%23.48%15.34%
DEBT/ EQUITY0.641.372.94
P/E
Pre IPO
10.49
P/E
Post IPO
16.32
Company Financials (In ₹Crore)
Period EndedMar-25Mar-24Mar-23
Assets9.719.166.78
Total Income25.2224.7329.91
Profit After Tax1.731.090.36
EBITDA3.673.311.74
NET Worth5.233.51.5
Reserves and Surplus2.710.981.33
Total Borrowing3.344.84.39
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 (GTA) offering end-to-end transport solutions to a diverse customer base.

Service Offerings

  • Parcel / Less than Truck-Load (LTL): Efficient transportation of smaller consignments.
  • Contract Logistics: Customized logistics services for industries.
  • Fleet Rental & Leasing: Vehicle leasing solutions to meet business needs.

Operational Presence

  • Serves both B2B and B2C customers across West Bengal, Bihar, Delhi, and Uttar Pradesh.
  • Operates with an in-house fleet of 62 vehicles.
  • Supported by a strong network of 22 booking offices, pickup facilities, warehouses, delivery offices, and agency tie-ups.

Strength

Commitment to Clean Energy: Adoption of sustainable practices with a fleet of 45 electric 3-wheelers and 2 CNG vehicles, reducing carbon footprint and promoting eco-friendly logistics.

Diversified Customer Base: Wide presence across industries like apparel, engineering goods, chemicals, agriculture, and consumer electronics, ensuring stability with no over-dependence on a single client.

Flexible & Scalable Fleet: Ownership of 62 vehicles along with outsourced truck arrangements, enabling an asset-light model with access to a larger fleet during peak demand.

Weakness

Pending Legal Proceedings: Ongoing cases involving the Company, Promoter, and Director may adversely impact business, operations, and financial condition if outcomes are unfavorable.

Delay in Vehicle Procurement: Any delay or cost escalation in procuring 24 heavy commercial vehicles could disrupt operations, increase capital expenditure, and affect planned business growth.

Dependence on Third-Party Fleet: Heavy reliance on outsourced service providers for transportation fleet exposes the Company to risks of availability issues, higher costs, or poor service quality.

Dhillon Freight Carrier Lead Manager(s)

Dhillon Freight Carrier Address

Dhillon Freight Carrier Ltd.
Chatterjee International Building,
33A Jawaharlal Nehru Road
20th Floor, Suite No. A03, Middleton Row,
Kolkata, West Bengal, 700071
Phone: +91 99031 30247
Email: cs@dfclogistics.in
Website: http://www.dfclogistics.in/

Dhillon Freight Carrier Registrar

Kfin Technologies Limited
Address: Kfin Technologies Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.

Dhillon Freight Carrier Reviewers

Reviewer Recommendation File