Dhillon Freight Carrier Ltd. has announced public offering of 1400000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 62.00 per share. The gross proceeds of the issue are expected to be Rs 1,008.00 lakhs.

The company's initial public offer (IPO) will open on 29 September 2025 and is expected to close on 01 October 2025, subject to customary closing conditions.

The IPO includes a fresh Issue of 1400000 Equity Shares of the Company at an price of Rs 72.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.

Dhillon Freight Carrier Ltd. anticipates using the proceeds of the issue for

A Purchase of Goods Transportation Vehicles and its fabricationB General Corporate PurposesC To meet the Issue Expenses.

Finshore Management Services Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.