The Trafiksol ITS Technologies IPO is scheduled to open on September 10, 2024, and will subsequently close on September 12, 2024. Notably, this is a Book Built Issue, where the company aims to raise approximately ₹44.87 crores. Specifically, the IPO includes a fresh issue of ₹44.87 crores, alongside an offer for the sale of equity shares, each with a face value of ₹10.
Table of contents
- Trafiksol ITS Technologies IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Crores)
- IPO Lot Size
- The objective of the Issue
- Company Promoters
- Trafiksol ITS Technologies IPO GMP (Grey Market Premium)
- Trafiksol ITS Technologies IPO Application Form PDF
- Trafiksol ITS Technologies IPO Subscription Status
- Trafiksol ITS Technologies IPO Allotment Status
- IPO Review
- Trafiksol ITS Technologies IPO Registrar
- Trafiksol ITS Technologies IPO Lead Manager
- Trafiksol ITS Technologies IPO Limited Contact
- FAQs
Trafiksol ITS Technologies IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Trafiksol ITS Technologies Limited |
| Industry | Intelligent Transportation Systems (ITS) |
| IPO Issue Type | Book Built Issue |
| Open Date | September 10, 2024 |
| Close Date | September 12, 2024 |
| Total Issue Size | ₹44.87 Crores(6,410,000 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Fresh Issue | ₹44.87 Crores(6,410,000 Equity Shares) |
| Price Band | ₹66 to ₹70 per share |
| Listing on | BSE SME |
| Lot Size | 2000 Shares |
| Offer for Sale | NA |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
TrafikSol stands out as a leading company in addressing complex traffic-related challenges, with a strong emphasis on traffic safety through innovative technology and sustainable products. Consequently, the company is dedicated to reducing serious injuries and fatal crashes by offering real-time warnings to users at severe risk. Moreover, TrafikSol works to enhance crash prevention through advanced design applications, standards, and guidelines.
In addition to its focus on traffic solutions, TrafikSol has established itself as a trusted provider of industrial services. Specifically, these services include rigging solutions, precision alignments, custom fabrication, and maintenance services. Furthermore, the company extends its expertise to IT services, offering infrastructure management, managed security, and software development. Therefore, this diverse range of offerings positions TrafikSol as a versatile and reliable partner in both traffic safety and industrial services.
Key Dates
| Events | Date |
|---|---|
| IPO Open Date | September 10, 2024 |
| IPO Close Date | September 12, 2024 |
| Basis of Allotment | September 13, 2024 |
| Refunds | September 16, 2024 |
| Credit to Demat Account | September 16, 2024 |
| IPO Listing Date | September 17, 2024 |
Financials (₹ in Crores)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹62.15 | ₹33.63 | ₹22.84 |
| Revenue | ₹66.08 | ₹36.75 | ₹28.01 |
| Profit After Tax | ₹12.09 | ₹4.77 | ₹2.05 |
| Net Worth | ₹34.12 | ₹12.08 | ₹7.30 |
| Reserves and Surplus | ₹16.20 | ₹11.98 | ₹7.20 |
| Total Borrowing | ₹10.50 | ₹7.98 | ₹5.06 |
IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,40,000 |
| Retail (Max) | 1 | 2000 | ₹1,40,000 |
| HNI (Min) | 2 | 4000 | ₹2,80,000 |
The objective of the Issue
- First, the funds will be allocated for the purchase of software.
- Additionally, they will be used for the repayment or prepayment, either partially or fully, of specific borrowings.
- Furthermore, the funds will address working capital requirements.
- Lastly, they will support general corporate purposes.
Company Promoters
- Mr. Jitendra Narayan Das
- Mrs. Poonam Das.
Trafiksol ITS Technologies IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Trafiksol ITS Technologies IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Trafiksol ITS Technologies Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Trafiksol ITS Technologies IPO Application Form PDF
To download the Trafiksol ITS Technologies IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Trafiksol ITS Technologies IPO Subscription Status
This IPO subscription kicks off on September 10, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Trafiksol ITS Technologies IPO Allotment Status
To check the Trafiksol ITS Technologies IPO allotment status go to the IPO registrar website Maashitla or go to IPO Allotment.
To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- The company is deployment agnostic, thereby adapting flexibly to various environments.
- It benefits from an experienced team of promoters and management, which enhances its strategic capabilities.
- Established relationships with its customer base further enhance business stability and trust.
- The company is evolving into a professional organization, thus improving operational efficiency.
- Geographic expansion is broadening its clientele network, consequently increasing market reach.
- It features an integrated structure with in-house capabilities, including traffic study expertise and revenue forecasting, enabling efficient project execution.
- The company has a proven ability to achieve financial closure for projects, therefore demonstrating financial reliability.
- Its diversified portfolio of services addresses a range of client needs, thus enhancing market appeal.
Risks:
- Failure to meet client work order standards could lead to business loss or compensation payments, therefore posing a risk to profitability.
- Technology and infrastructure interruptions or performance issues may negatively impact its business and results, thus affecting operational stability.
- The company’s systems are vulnerable to attacks, unauthorized access, and disruptions, which could potentially cause significant financial and operational harm.
- Significant disruptions in IT systems or breaches in data security could adversely affect the company’s business and reputation, leading to a potential loss of client trust.
- Increased governmental regulations may impose additional burdens on its business and growth, thus complicating compliance efforts.
Trafiksol ITS Technologies IPO Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Trafiksol ITS Technologies IPO Lead Manager
EKADRISHT CAPITAL PRIVATE LIMITED
406, Summitt Business Bay, Chakala, Andheri Kurla Road, Andheri
East, Chakala MIDC, Mumbai, 400 093, Maharashtra, India.
Phone: +91 89286 31037 / +91 83838 78744
Email: info@ekadrisht.com
Website: www.ekadrisht.com
Trafiksol ITS Technologies IPO Limited Contact
TRAFIKSOL ITS TECHNOLOGIES LIMITED
2nd Floor, B 68, Sector 63, Noida, Gautam Buddha Nagar,
Noida 201 301, Uttar Pradesh, India
Phone: +91 – 8744050058
E-mail: info@trafiksol.com
Website: www.trafiksol.com
FAQs
The Trafiksol ITS IPO is an SME offering aimed at raising ₹44.87 crores. Priced between ₹66 and ₹70 per equity share, this IPO will be listed on the NSE.
The IPO is set to open for subscription on September 10, 2024, and will close on September 12, 2024, for QIBs, NIIs, and retail investors.
The allocation for investors is divided as follows: 50% for QIBs, 15% for NIIs, and 35% for retail investors.
To apply, you can use the ASBA method online through your bank account. Alternatively, you can apply via UPI through your stockbroker or complete an offline application form with your stockbroker.
The total issue size of the Trafiksol ITS IPO is ₹44.87 crores.
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