Trafiksol ITS Technologies IPO Details
| IPO Size | 44.87 |
| Price Range | ₹66 - ₹70 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2000 |
| Investment (cut-off price) | ₹140,000 |
| Pre IPO Promotor Holding | 60.71% |
| Post IPO Promotor Holding | 44.72% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Trafiksol ITS Technologies IPO Timelines
10/09/2024
Start Date12/09/2024
End Date16/09/2024
Refund Initiation16/09/2024
Credit of Shares to Demat AcUpdate soon
Listing DateTrafiksol ITS Technologies IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,40,000 |
| Retail Maximum | 1 | 2000 | ₹1,40,000 |
| HNI Minimum | 2 | 4000 | ₹2,80,000 |
Trafiksol ITS Technologies IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 129.22 x | 699.40 x | 317.66 x | -- | 345.65 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Trafiksol ITS Technologies IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹28.02 | ₹25.89 | ₹2.05 |
| FY 2023 | ₹36.75 | ₹31.98 | ₹4.78 |
| FY 2024 | ₹66.09 | ₹49.09 | ₹12.09 |
About Company
The Trafiksol ITS Technologies IPO is a book-built issue seeking ₹44.87 crores, offering 64.1 lakh new shares. The IPO opens for subscription on September 10, 2024, and will close on September 12, 2024. Allotment results are expected on September 13, 2024, and the shares are projected to be listed on BSE SME on September 17, 2024.
The price band for the IPO is set between ₹66 and ₹70 per share. Retail investors need to apply for a minimum of 2,000 shares, requiring an investment of ₹1,40,000. High-net-worth individuals (HNIs) must apply for at least 4,000 shares, which amounts to ₹280,000.
Ekadrisht Capital Private Limited is the book-running lead manager for this issue, while Maashitla Securities Private Limited serves as the registrar. Ss Corporate Securities will act as the market maker. This IPO presents an opportunity to invest in Trafiksol ITS Technologies, with a focus on growth and market expansion.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2018 | None | Jitendra Narayan Das |
Know Before Investing
Trafiksol ITS Technologies IPO Strengths
- TrafikSol’s platform supports cloud, on-premises, and hybrid deployments.
- Expert management team drives innovation and market success.
- Established ties with major clients across diverse industries.
- Focus on transparency, coordination, and structured business operations.
- Conducts traffic surveys and financial closures independently.
- Offers comprehensive solutions from toll management to renewable energy.
Trafiksol ITS Technologies IPO Risks
- Ongoing litigation could damage TrafikSol’s reputation and business.
- Past delays in tax and statutory filings may lead to penalties.
- Director disqualification history might impact company operations and reputation.
- Persistent negative cash flows could hinder TrafikSol’s growth and stability.
- Discrepancies in auditor appointments might result in future penalties.
- Dependency on government contracts makes TrafikSol vulnerable to policy changes.
Swot Analysis for Trafiksol ITS Technologies IPO
Strengths
Weaknesses
Opportunities
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Company Details
Trafiksol ITS Technologies Limited
2nd Floor, B 68, Sector 63,
Noida, Gautam Buddha Nagar,
Noida – 201 301
Phone: +91- 87440 50058
Email: [email protected]
Website: http://www.trafiksol.com/
IPO Registar Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Trafiksol ITS Technologies IPO are:
- Purchase of Software;
- Repayment/prepayment, in part or full, of certain of our borrowings;
- To Meet Working Capital Requirements; and
- General Corporate Purpose.
- Ekadrisht Capital Pvt Ltd.
are the book-running lead managers for the Trafiksol ITS Technologies IPO.