Dhillon Freight Carrier IPO Sees Moderate Demand, Subscribed 2.91x by Day 3

Dhillon Freight Carrier Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third day of subscription, with Dhillon Freight Carrier's stock price set at ₹72 per share reflecting steady market reception. The ₹10.08 crore IPO reached 2.91 times by 5:04:55 PM on day three, indicating moderate investor interest in this logistics solutions company.

Dhillon Freight Carrier IPO individual investors segment leads with strong 4.87 times subscription, whilst non-institutional investors demonstrate limited participation at 0.96 times, reflecting measured investor confidence in this company.

Dhillon Freight Carrier IPO subscription reached moderate 2.91 times on day three, led by Individual Investors (4.87x) and Non-Institutional Investors (0.96x). Total applications reached 1,099.

Subscription Status of Dhillon Freight Carrier IPO:

Here are the subscription details for Dhillon Freight Carrier IPO as of Day 3 (October 1, 2025, 5:04:55 PM):

Dhillon Freight Carrier IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached moderate 2.91 times, showing substantial improvement from day two's 1.11 times
• Individual investors displaying strong confidence at 4.87 times, building substantially from day two's 1.90 times
• Non-institutional investors showing limited performance at 0.96 times, building substantially from day two's 0.32 times
• Total applications reached 1,099, indicating minimal investor participation for this SME IPO
• Cumulative bid amount reached ₹27.89 crores, significantly exceeding the issue size of ₹10.08 crores

Dhillon Freight Carrier IPO - Day 2 Subscription at 1.11 Times

Key Highlights - Day 2:

• Overall subscription reaching moderate 1.11 times, showing substantial improvement from day one's 0.33 times
• Individual investors displaying moderate confidence at 1.90 times, building substantially from day one's 0.54 times
• Non-institutional investors showing limited performance at 0.32 times, building substantially from day one's 0.11 times

Dhillon Freight Carrier IPO - Day 1 Subscription at 0.33 Times

Key Highlights - Day 1:

• Overall subscription reached limited 0.33 times, showing cautious initial investor interest
• Individual investors displaying limited confidence at 0.54 times, showing weak retail sentiment
• Non-institutional investors showing minimal performance at 0.11 times, indicating very weak HNI appetite

About Dhillon Freight Carrier Limited

Dhillon Freight Carrier Limited offers logistics solution services, particularly road transportation, providing parcel/less than truck-load (LTL), contract logistics, and fleet rental/fleet leasing services, operating through a network of 22 booking offices with an in-house fleet of 62 vehicles serving B2B and B2C customers across West Bengal, Bihar, Delhi, and Uttar Pradesh.