Mumbai, Oct. 7 -- The scrip was listed at Rs 57.60, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently down 5% over its listing price.

The counter hit a high of Rs 57.60 and a low of Rs 54.72. About 0.16 lakh shares of the company changed hands at the counter.

Dhillon Freight Carrier's IPO was subscribed 2.81 times. The issue opened for bidding on 29 September 2025 and it closed on 1 October 2025. The price of the IPO was fixed at Rs 75 per share. The equity shares will list on BSE's SME platform.

The IPO comprised a fresh issue of 14,00,000 equity shares. The promoter and promoter shareholding diluted to 64.29% from 100% Pre-IPO.

The company intends to utilize the net proceeds for purchase of...