Deccan Transcon Leasing Ltd IPO

Deccan Transcon Leasing Limited was incorporated on February 05, 2007, at Andhra Pradesh, India as `Libenil Logistics Private Limited', a private limited company under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Andhra Pradesh (RoC). The name of the Company was changed to `Deccan Transcon Leasing Private Limited', and a fresh certificate of incorporation dated July 12, 2013, was issued by the RoC, Andhra Pradesh. The Company was then converted into a public limited company pursuant to shareholders resolution passed at the general meeting of the Company held on January 31, 2024, and consequently, the name of the Company was changed to `Deccan Transcon Leasing Limited', and a fresh certificate of incorporation dated March 27, 2024, was issued by the RoC, CPC. The Corporate Identification Number of the Company is U63090TG2007PLC052599.

The global freight & logistics market is forecast to grow to $18.69 billion by 2026 at a compound annual growth rate (CAGR) of 4.4%. Looking solely at logistics, the global logistics market is expected to reach $6.55 trillion by 2027, growing at a CAGR of 4.7% between 2022 and 2027. The freight & logistics market includes the sale of services by companies that transport goods and commodities via rail, air, roads, and water, using large vessels in the process of planning and executing the efficient transportation and storage of goods from point A to point B to meet consumer needs in a timely and cost-effective manner.

Deccan Transcon Leasing Limited provides end-to-end solutions for freight & shipping services which includes domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (NVOCC) services. The Company is primarily engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors. The company specializes in the transportation of bulk liquids and hazardous chemicals, primarily utilizing tank containers as a mode of transport. One of its key strengths lies in its extensive agency network, built over years of experience in the industry. This network provides the company with access to shippers worldwide, enabling it to cater to the logistics needs of clients across the globe. Additionally, the company has established a strong network of partners with global coverage, apart from its own Subsidiary and Associate company, allowing it to provide complete, end-toend logistics solutions. Having all tank container services under one roof enables it to offer services tailored to meet specific customer needs. As of July 31, 2024, more than 100 customers have been associated with the company for longer than 3 years. The Company has served more than 884 customers in the last one year.