Dhillon Freight Carrier Limited has announced a board meeting to consider its initial public offering (IPO) of 14 lakh equity shares at a fixed price of ₹72 per share, aggregating ₹10.08 Cr.

The IPO includes a reserved portion for the market maker, with the net issue constituting 33.92% of the post-issue paid-up equity capital.

The company has filed a draft prospectus with the SME platform of BSE and invites public comments.

The offer is through ASBA and UPI, and investments carry risks detailed in the draft prospectus.

The shares are proposed to be listed on BSE SME.