Trafiksol ITS Technologies IPO will open for subscription from 10 September 2024. The company aims for an issue size of ₹44.87 Cr through this IPO.
Company Overview
| Full name | Trafiksol ITS Technologies Limited |
| Sector | Other |
| Industry | Engineering Consultancy |
| Company Website | https://www.trafiksol.com/ |
About Company
TrafikSol ITS Technologies has established a wide range of consulting and design services, the company specializes in designing, managing, and integrating Intelligent Transportation Systems (ITS) for roads and tunnels. These solutions are known for their security, resilience, and scalability, tailored to meet the specific requirements of clients in the areas of road infrastructure, tunnel management, and urban environments.
Trafiksol is a specialized Engineering, Procurement, and Construction (EPC) contractor that takes on various projects in fields such as Advanced Traffic Management Systems (ATMS), Toll Management Systems (TMS), and Tunnel Management Systems. As an EPC contractor, Trafiksol offers a comprehensive range of services, including design, engineering, procurement, and construction for large-scale infrastructure projects. Trafiksol ITS Technologies contracts in traffic management, toll management, and tunnel management involve the design, implementation, and construction of infrastructure projects aimed at enhancing transportation efficiency, safety, and revenue collection. The Advanced Traffic Management System (ATMS) focuses on designing, installing, and integrating Intelligent Transportation Systems (ITS) to improve traffic flow, safety, and efficiency on roadways.
The Objectives of the Issue
- Purchase of Software;
- Repayment/prepayment, in part or full, of certain borrowings;
- To Meet Working Capital Requirements; and
- General Corporate Purpose.
Trafiksol ITS Technologies IPO Timetable
| IPO Opening date | 10 September 2024 |
| IPO Closing | 12 September 2024 |
| Basis of Allotment | 13 September 2024 |
| Initiation Refund | 16 September 2024 |
| Credit to Demat Account | 16 September 2024 |
| Listing Date | 17 September 2024 |
Trafiksol ITS Technologies IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹44.87 Cr – 6,410,000 shares |
| Fresh Issue | ₹44.87 Cr – 6,410,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹66 to ₹70 per share |
| Lot size | 2000 Shares |
| Market Maker portion | 322,000 shares |
| Shareholding pre-issue | 17,925,000 |
| Shareholding post-issue | 24,335,000 |
| Listing Exchange | BSE SME |
Trafiksol ITS Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| HNI (Min) | 2 | 4,000 | ₹280,000 |
Trafiksol ITS Technologies Offer Documents
Trafiksol ITS Technologies IPO Reservation Details
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Trafiksol ITS Technologies Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 27.91 | 36.30 | 65.81 |
| Expenses | 25.89 | 31.98 | 49.09 |
| Net income | 2.05 | 4.78 | 12.09 |
Trafiksol ITS Technologies Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.15 | 2.68 | 6.77 |
| PE ratio | – | – | 9.75 – 10.34 |
| RONW (%) | 28.07 | 39.53 | 35.44 |
| NAV | 19.11 | 4.10 | 6.77 |
| ROCE (%) | 21.08 | 30.71 | 26.23 |
| EBITDA (%) | 8.86 | 13.83 | 27.02 |
| Debt/Equity | 0.69 | 0.66 | 0.31 |
Company Promoters
- Jitendra Narayan Das
- Poonam Das
Promoter Holding
| Pre Issue Share Holding | 60.71% |
| Post Issue Share Holding | 60.71% |
Trafiksol ITS Technologies Offer GMP Update
Coming Soon
Trafiksol ITS Technologies IPO Subscription Update
Coming Soon
Trafiksol ITS Technologies IPO Allotment Status
Trafiksol ITS IPO allotment status will be available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
Trafiksol ITS Technologies IPO Listing Details
| Listing Date | 17 September 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | BSE SME |
| Final Issue Price | Coming Soon |
| Open | |
| Low | |
| High | |
| Last Trade |
Trafiksol ITS Technologies IPO Lead Manager(s)
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 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 Contact Details
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
Trafiksol ITS Technologies IPO FAQs
What is Trafiksol ITS offer size?
Trafiksol ITS offer size is ₹ 42.31 – 44.87 crores.
What is Trafiksol ITS offer price band?
Trafiksol ITS public offer price is ₹ 66 – 70 per share.
What is the lot size of Trafiksol ITS IPO?
Trafiksol ITS IPO lot size is 2,000 shares.
What is Trafiksol ITS IPO GMP today?
Trafiksol ITS IPO GMP today is ₹ 50 per share.
What is Trafiksol ITS kostak rate today?
Trafiksol ITS kostak rate today is ₹ NA per application.
What is Trafiksol ITS Subject to Sauda rate today?
Trafiksol ITS is Subject to Sauda rate today is ₹ 68,000 per application.
Final thoughts
Trafiksol ITS Technologies IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
