Dhillon Freight Carrier
Closed
Closed
IPO Timeline
Issue open date
29 Sep 2025Issue close date
1 Oct 2025UPI mandate deadline
1 Oct 2025Allotment finalization
3 Oct 2025Refund initiation
6 Oct 2025Share credit
6 Oct 2025Listing date
7 Oct 2025Mandate end date
16 Oct 2025Lock-in end date for anchor investors (50%)
2 Nov 2025Lock-in end date for anchor investors (remaining)
1 Jan 2026Grey Market Premium Trend
₹12
Current GMP
₹84
Est. Listing Price
16.7%
Est. Listing Gain
₹72 - ₹72
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 29 Sep | ₹12 | ₹84 | 16.67% |
| 28 Sep | ₹12 | ₹84 | 16.67% |
| 27 Sep | ₹12 | ₹84 | 16.67% |
| 26 Sep | ₹0 | ₹72 | 0.00% |
| 25 Sep | ₹0 | ₹72 | 0.00% |
| 24 Sep | ₹0 | ₹72 | 0.00% |
Key Dates
Open
29 Sep 2025Close
1 Oct 2025Listing
7 Oct 2025Quick Stats
Issue Size:10cr
Lot Size:1600 shares
Issue Details
Issue Size:10cr
Face Value:₹10
Listing At:BSE, NSE
Additional Resources
About the Company
Dhillon Freight Carrier Limited, founded in 2014 and converted to a public company in 2023, provides road logistics solutions including parcel/LTL, contract logistics, and fleet rentals for B2B and B2C clients. An ISO 9001:2015 certified operator with 62 vehicles, it serves West Bengal, Bihar, Delhi, and Uttar Pradesh through 22 offices and a strong agency network. Led by promoters Karan, Karamveer, and Joyce Singh Dhillon, the company has grown steadily with expertise in operations, finance, and customer service.
Strengths
- EV adoption boosts sustainability and brand appeal.
- Diversified services cut revenue risk.
- Fuel-efficient fleet lowers costs.
- Strong presence in 4 states for fast delivery.
- 95% revenue from high-demand services.
Risks
- Vehicle procurement delays may disrupt ops.
- Reliance on third-party fleet adds risk.
- Revenue vulnerable to regional issues.
- Rising costs may squeeze margins.
- Delays/mishaps can lead to claims and losses.
Dhillon Freight Carrier IPO – Frequently Asked Questions
- The price band for the Dhillon Freight Carrier IPO is set at ₹72 to ₹72 per share.
- The Dhillon Freight Carrier IPO opens on September 29, 2025 and closes on October 1, 2025.
- The tentative listing date for the Dhillon Freight Carrier IPO is October 7, 2025.
- You can apply for the Dhillon Freight Carrier IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Dhillon Freight Carrier, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Dhillon Freight Carrier IPO is 1600 shares. Investors must apply for at least one lot (i.e., 1600 shares).