Dhillon Freight Carrier IPO vs Nikita Papers IPO

Comparison between Dhillon Freight Carrier IPO and Nikita Papers IPO.

IPO Details

Dhillon Freight Carrier IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Nikita Papers IPO is a SME Bookbuilding proposed to list at NSE 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 Nikita Papers IPO is up to ₹64.15 Cr. The final issue price of Dhillon Freight Carrier IPO is ₹72.00 per share and of Nikita Papers IPO is ₹104.00 per share.

 Dhillon Freight Carrier IPONikita Papers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹95.00 per share
Issue Price (Upper)₹104.00 per share
Issue Price (Final)₹72.00 per share₹104.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1200 shares
Fresh Issue Size13,29,600 shares61,68,000 shares
Fresh Issue Size (Amount)up to ₹9.57 Crup to ₹64.15 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total13,29,600 shares61,68,000 shares
Issue Size Total (Amount)up to ₹9.57 Crup to ₹64.15 Cr

IPO Timetable

Dhillon Freight Carrier IPO opens on Sep 29, 2025, while Nikita Papers IPO opens on May 27, 2025. The closing date of Dhillon Freight Carrier IPO and Nikita Papers IPO is Oct 01, 2025, and May 29, 2025, respectively.

 Dhillon Freight Carrier IPONikita Papers IPO
Anchor Bid DateMay 26, 2025
Issue OpenSep 29, 2025May 27, 2025
Issue CloseOct 01, 2025May 29, 2025
Basis Of Allotment (Tentative)Oct 03, 2025May 30, 2025
Initiation of Refunds (Tentative)Oct 06, 2025Jun 02, 2025
Credit of Share (Tentative)Oct 06, 2025Jun 02, 2025
Listing date (Tentative)Oct 07, 2025Jun 03, 2025
Anchor Lockin End date 1Jun 30, 2025
Anchor Lockin End date 2Aug 28, 2025

Financials & KPIs

Dhillon Freight Carrier IPO P/E ratio is 10.49, as compared to Nikita Papers IPO P/E ratio of 11.39.

 Dhillon Freight Carrier IPONikita Papers 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)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets349.78299.00256.80235.30
Total Income272.38346.78401.31358.49
Profit After Tax15.6816.608.656.95
NET Worth93.0577.3754.7446.10
Reserves and Surplus74.8859.2046.1337.48
Total Borrowing206.71189.24163.02124.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10080.38
Promoter Shareholding (Post-Issue)64.2959.21
P/E Ratio10.4911.39
Market Cap₹28.22 Cr.₹256.55 Cr.
ROE39.65%21.45%
ROCE31.77%28.71%
Debt/Equity0.640.45
EPS₹6.86₹9.13
RoNW33.09%21.45%

Shares Offered

In the Dhillon Freight Carrier IPO Retail Individual Investors (RII) are offered 6,65,600 shares while in Nikita Papers IPO retail investors are offered 6,65,600 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Dhillon Freight Carrier IPO and 22,15,200 shares in Nikita Papers IPO.

 Dhillon Freight Carrier IPONikita Papers IPO
Anchor Investor Reservation0 shares8,68,800 shares
Market Maker Reservation70,400 shares3,26,400 shares
QIB0 shares22,15,200 shares
NII6,64,000 shares9,25,200 shares
RII6,65,600 shares21,58,800 shares
Employee0 shares0 shares
Others
Total13,29,600 shares61,68,000 shares

Bids Received (Subscription)

Dhillon Freight Carrier IPO subscribed 2.91x in total, whereas Nikita Papers IPO subscribed 1.43x.

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