Dhillon Freight Carrier IPO vs L.T.Elevator IPO

Comparison between Dhillon Freight Carrier IPO and L.T.Elevator IPO.

IPO Details

Dhillon Freight Carrier IPO is a SME Bookbuilding IPO proposed to list at BSE SME while L.T.Elevator IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Dhillon Freight Carrier IPO is up to ₹9.57 Cr whereas the issue size of the L.T.Elevator IPO is up to ₹37.40 Cr. The final issue price of Dhillon Freight Carrier IPO is ₹72.00 per share and of L.T.Elevator IPO is ₹78.00 per share.

 Dhillon Freight Carrier IPOL.T.Elevator IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share
Issue Price (Upper)₹78.00 per share
Issue Price (Final)₹72.00 per share₹78.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size13,29,600 shares47,95,200 shares
Fresh Issue Size (Amount)up to ₹9.57 Crup to ₹37.40 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,29,600 shares47,95,200 shares
Issue Size Total (Amount)up to ₹9.57 Crup to ₹37.40 Cr

IPO Timetable

Dhillon Freight Carrier IPO opens on Sep 29, 2025, while L.T.Elevator IPO opens on Sep 12, 2025. The closing date of Dhillon Freight Carrier IPO and L.T.Elevator IPO is Oct 01, 2025, and Sep 16, 2025, respectively.

 Dhillon Freight Carrier IPOL.T.Elevator IPO
Anchor Bid DateSep 11, 2025
Issue OpenSep 29, 2025Sep 12, 2025
Issue CloseOct 01, 2025Sep 16, 2025
Basis Of Allotment (Tentative)Oct 03, 2025Sep 17, 2025
Initiation of Refunds (Tentative)Oct 06, 2025Sep 18, 2025
Credit of Share (Tentative)Oct 06, 2025Sep 18, 2025
Listing date (Tentative)Oct 07, 2025Sep 19, 2025
Anchor Lockin End date 1Oct 17, 2025
Anchor Lockin End date 2Dec 16, 2025

Financials & KPIs

Dhillon Freight Carrier IPO P/E ratio is 10.49, as compared to L.T.Elevator IPO P/E ratio of 12.31.

 Dhillon Freight Carrier IPOL.T.Elevator IPO
Financials

Company Financials (Restated)

Dhillon Freight Carrier Ltd.'s revenue increased by 2% and profit after tax (PAT) rose by 58% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets9.719.166.78
Total Income25.2224.7329.91
Profit After Tax1.731.090.36
EBITDA3.673.311.74
NET Worth5.233.501.50
Reserves and Surplus2.710.981.33
Total Borrowing3.344.804.39
Amount in ₹ Crore

Company Financials (Restated Consolidated)

L.T.Elevator Ltd.'s revenue increased by 40% and profit after tax (PAT) rose by 182% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets86.9942.7842.68
Total Income56.7440.6334.73
Profit After Tax8.943.171.25
EBITDA15.236.674.05
NET Worth45.4310.747.57
Reserves and Surplus31.776.132.96
Total Borrowing17.3014.0213.64
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10085.14
Promoter Shareholding (Post-Issue)64.2962.71
P/E Ratio10.4912.31
Market Cap₹28.22 Cr.₹149.47 Cr.
ROE39.65%20.52%
ROCE31.77%30.50%
Debt/Equity0.640.38
EPS₹6.86₹6.34
RoNW33.09%19.68%

Shares Offered

In the Dhillon Freight Carrier IPO Retail Individual Investors (RII) are offered 6,65,600 shares while in L.T.Elevator IPO retail investors are offered 6,65,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dhillon Freight Carrier IPO and 9,60,000 shares in L.T.Elevator IPO.

 Dhillon Freight Carrier IPOL.T.Elevator IPO
Anchor Investor Reservation0 shares14,36,800 shares
Market Maker Reservation70,400 shares2,52,800 shares
QIB0 shares9,60,000 shares
NII6,64,000 shares7,20,000 shares
RII6,65,600 shares16,78,400 shares
Employee0 shares0 shares
Others
Total13,29,600 shares47,95,200 shares

Bids Received (Subscription)

Dhillon Freight Carrier IPO subscribed 2.91x in total, whereas L.T.Elevator IPO subscribed 182.95x.

 Dhillon Freight Carrier IPOL.T.Elevator IPO
QIB (times)95.10x
NII (times)0.96x356.16x
Big NII (times)428.35x
Small NII (times)211.79x
RII (times)4.87x158.90x
Employee (times)
Other (times)
Total (times)2.91x182.95x

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