Dhillon Freight Carrier IPO Date, Review, Price, Allotment Details
Dhillon Freight Carrier IPO will open on September 29, 2025, and close on October 1, 2025. It is a Fixed Price Issue, through which the company plans to raise approximately ₹10.08 crores. The issue consists entirely of a fresh issue of equity shares with a face value of ₹10 each.
The IPO price is fixed at ₹72 per share, with the allocation divided as 50% for retail investors and 50% for HNIs, while there is no quota for QIBs. The allotment is expected on October 3, 2025, and the IPO will be listed on BSE SME on October 7, 2025.
Financially, the company posted revenue of ₹25.22 crores in 2025, up from ₹24.73 crores in 2024, while net profit increased to ₹1.73 crores in 2025 compared to ₹1.09 crores in 2024. Based on these results, the IPO appears attractive for long-term investors.
Dhillon Freight Carrier IPO Details
IPO Open Date September 29, 2025 IPO Close Date October 1, 2025 Face Value ₹10 Per Equity Share IPO Price Band ₹72 Per Share Issue Size Approx ₹10.08 Crores Fresh Issue Approx ₹10.08 Crores Offer for Sale: Approx [.] Equity Shares Issue Type Fixed Price Issue IPO Listing BSE, NSE DRHP Draft Prospectus 
RHP Draft Prospectus
Dhillon Freight Carrier IPO Market Lot
The minimum market lot for Dhillon Freight Carrier IPO is 3,200 shares, requiring an application amount of ₹2,30,400.
Application Lot Size Shares Amount Retail Minimum 2 3,200 ₹2,30,400 Retail Maximum 2 3,200 ₹2,30,400 S-HNI Minimum 3 4,800 ₹3,45,600
IPO Reservation
Investor Category Share Offered -% Shares NII Shares Offered 6,65,600 47.54% Retail Shares Offered 6,64,000 47.43%
Dhillon Freight Carrier IPO Dates
The Dhillon Freight Carrier IPO opens on September 29 and closes on October 1. The allotment will be finalized on October 3, with listing scheduled for October 7.
IPO Open Date: September 29, 2025 IPO Close Date: October 1, 2025 Basis of Allotment: October 3, 2025 Refunds: October 6, 2025 Credit to Demat Account: October 6, 2025 IPO Listing Date: October 7, 2025 IPO Bidding Cut-off Time: October 1, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Mr. Karan Singh Dhillon, Mr. Karamveer Singh Dhillon, and Mrs. Joyce Singh Dhillon.
Particular Shares % Share Promoter Holding Pre Issue 25,20,000 100% Promoter Holding Post Issue 39,20,000 64.29%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores Purchase of Goods, Transportation Vehicles and its Fabrication 7.67 General Corporate Expenses 51.09
About Dhillon Freight Carrier IPO
Dhillon Freight Carrier, founded in 2014, is a leading logistics solutions provider with a primary focus on road transportation. Starting from scratch, the company has steadily grown over the years, establishing a strong presence in the logistics sector through reliable and efficient service delivery.
The company is led by experienced promoters—Mr. Karan Singh Dhillon, Mr. Karamveer Singh Dhillon, and Mrs. Joyce Singh Dhillon—whose expertise and leadership have been key drivers of growth. Committed to fast, transparent, and dependable logistics solutions, Dhillon Freight Carrier emphasizes continuous improvement through innovation, technology, and integrity. The company’s upcoming IPO is aimed at supporting its long-term expansion and strengthening its position in the market.
Dhillon Freight Carrier IPO Company Financial Report
Amount in Crores (₹)
Period Ended Revenue Expense PAT Assets 2023 ₹29.91 ₹29.43 ₹0.36 ₹6.78 2024 ₹24.73 ₹23.26 ₹1.09 ₹9.16 2025 ₹25.22 ₹22.87 ₹1.73 ₹9.71
Dhillon Freight Carrier IPO Valuation – FY2025
Check Dhillon Freight Carrier IPO valuation details like Earning Per Share (EPS), Price/Earning (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 39.65% ROCE: 31.77% EBITDA Margin: 14.84% PAT Margin: 6.99% Debt-to-equity ratio: 0.64 Earning Per Share (EPS): ₹6.86 (Basic) Price/Earning (P/E) Ratio: 10.49 Return on Net Worth (RoNW): 33.09% Net Asset Value (NAV): ₹20.75
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Orissa Bengal Carrier Limited 0.51 110.86 1.19% 42.95 304.89 Cr. GB Logistics Commerce Limited 5.87 8.36 8.24% 53.39 64.85 Cr.
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Ltd.
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: dfc.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Company 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