IPO

Trafiksol ITS Technologies Ltd. IPO

Trafiksol ITS Technologies Ltd., established in 2018, operates in the IT Consulting & Software sector. The company's IPO opened on September 10, 2024 and closed on September 12, 2024, with an issue ... Read more

Min Investment
₹ 1,40,000 / 2000 shares
Price Range
₹66 - ₹ 70
Bidding Dates
10 Sep '24 - 12 Sep '24
Total Issue Value
44.87 Cr
Lot Size
2,000
Total Issue Size
44.87 Cr
Listing At
BSE SME
Subscription
324.91 times

IPO Timeline

  • 10 Sep 2024
    Bidding Starts
  • 12 Sep 2024
    Bidding Ends
  • 13 Sep 2024
    Allotment Finalization

About Trafiksol ITS Technologies Ltd.

Our Company was incorporate on March 05, 2018, under the provisions of the Companies Act, 2013 vide Certificate of Incorporation issued by the Registrar of Companies, Central Registration Centre, with an object of providing comprehensive solutions for Intelligent Transportation Systems and ... Read more

Parent organisation
Founded
Trafiksol ITS Technologies Ltd.
2018

Trafiksol ITS Technologies Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 18,22,000 (28.42%)
Market Makers 3,22,000 (5.02%)
Non Institutional Investors 9,14,000 (14.26%)
Qualified Institutional Buyers (QIBs) 12,18,000 (19%)
Retail Individual Investors (RIIs) 21,34,000 (33.29%)

Trafiksol ITS Technologies Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2023 36.75 Cr 4.63 Cr 12.00 Cr
31 Mar 2022 28.02 Cr 2.04 Cr 7.37 Cr
31 Mar 2021 24.43 Cr 4.17 Cr 5.33 Cr

Trafiksol ITS Technologies Ltd. Background

Our Company was originally incorporated as Private Limited, under the Companies Act, 2013 (“Companies Act”) in the name and style of “Trafiksol ITS Technologies Private Limited” on March 05, 2018 under the provisions of the Companies Act, 2013 vide Certificate of ...

Read more

Major Events And Milestones
  • 2018
    Incorporation of our company viz. “Trafiksol ITS Technologies Private Limited”.
  • 2019
    Registered under the Startup India Scheme with Government of India
  • 2021
    Received ISO 9001:2015 with respect to Quality Management System as on June 22, 2021.
    Obtained ISO 140001:2015 certification with respect to Environment Management System as on October 06, 2021.
  • 2022
    Obtained ISO/IEC 270001:2013 certification with respect to Information Securities Management System as on June 01, 2022.
  • 2023
    Obtained ISO 450001:2018 certification with respect to Occupation Health and Safety Management System as on April 21, 2023.
  • 2024
    Obtained membership with the prestigious National Association of Software and Service Companies (NASSCOM)
    Conversion of our Company from Private Limited to Public Limited Company.
Trafiksol ITS Technologies Ltd. Object of Issues

1. Purchase of Software
2. Repayment/prepayment, in part or full, of certain of our borrowings
3. To Meet Working Capital Requirements
4. General Corporate Purposes

Trafiksol ITS Technologies Ltd. IPO Listing Details
BSE Script Code
TRAFICSOL
ISIN
INE0ROQ01011
Final Issue Price
₹ 70
Trafiksol ITS Technologies Ltd. Company Promoters

1. Jitendra Narayan Das
2. Poonam Das

Industry Overview

India has the second-largest road network in the world, spanning a total of ~6.7 million kilometres (kms). This road network transports 64.5% of all goods in the country and 90% of India’s total passenger traffic uses road network to commute. Road transportation has gradually increased over ... Read more

Trafiksol ITS Technologies Ltd. Contact Details
Address: 2nd Floor, B 68, Sector 63, Gautam Buddha Nagar, Noida Uttar Pradesh - 201301
Phone no:4149514
4149514
|
Trafiksol ITS Technologies Ltd. IPO Registrar
Maashitla Securities Pvt. Ltd.
451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura Delhi - 110034
45121795, 45121796
Trafiksol ITS Technologies Ltd. IPO Lead Manager(s)
Ekadrisht Capital Pvt. Ltd.
406, The Summit Business Bay, Chakala, Andheri Kurla Road, Andheri (East), Mumbai Maharashtra - 400093
8928631037

FAQs

When does Trafiksol ITS Technologies Ltd. IPO opens and closes?

Trafiksol ITS Technologies Ltd. IPO opens from 10th September to 12th September 2024.

What is the size of Trafiksol ITS Technologies Ltd. IPO?

The size of the Trafiksol ITS Technologies Ltd. IPO is ₹44.87 Cr.

What is the price range of Trafiksol ITS Technologies Ltd. IPO?

The price range of Trafiksol ITS Technologies Ltd. IPO is at ₹66 to ₹70 per share.

What is the minimum investment and lot size required for the Trafiksol ITS Technologies Ltd. IPO?

The minimum investment required is ₹1,40,000 and minimum lot size is 2000 shares.

What is the objective of Trafiksol ITS Technologies Ltd. IPO?

1. Purchase of Software
2. Repayment/prepayment, in part or full, of certain of our borrowings
3. To Meet Working Capital Requirements
4. General Corporate Purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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