Trafiksol ITS Technologies Ltd. logo

Trafiksol ITS Technologies Ltd. IPO Details

Trafiksol ITS Technologies was incorporated on March 05, 2018. The company offers comprehensive intelligent transportation systems (ITS) and automation solutions, including software development, consulting, and delivery services. It manages projects like advanced traffic management systems (ATMS), toll management systems (TMS), and tunnel management systems.

Bidding Dates
10 Sep 2024 - 12 Sep 2024
Subscription
321.42x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹132,0001120006.4 M₹66 - ₹7044.72 %₹423.1 M - ₹448.7 MRHP DOC

Trafiksol ITS Technologies Ltd. IPO SUBSCRIPTION STATUS

12 Sep '24
Total321.42x
Retail Individual Investor317.58x
HNI (NII) Investors517.46x
Qualified Institutional Buyers129.22x

Trafiksol ITS Technologies Ltd. IPO overall subscription rate was 321.42 times the total available shares

Trafiksol ITS Technologies Ltd. IPO retail subscription rate was 317.58 times in the retail segment

Trafiksol ITS Technologies Ltd. IPO non-institutional investor subscription rate was 517.46 times in the non-institutional investor category

Trafiksol ITS Technologies Ltd. IPO Qualified Institutional Bidder subscription rate was 129.22 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
12 Sep 2024
(Day 3)
317.58x517.46x129.22x
11 Sep 2024
(Day 2)
116.29x53.13x0x
10 Sep 2024
(Day 1)
36.72x15.58x0x

Trafiksol ITS Technologies Ltd. FINANCIALS

Period Net Profit (Rs in millions) Revenue from Operations (Rs in millions) Cash Flow from Operations (Rs in millions) Free Cash Flow (Rs in millions) Margins
FY24 120.9 658.1 -112.6 -113.0 27.0%
FY23 47.8 363.0 26.8 2.5 13.8%
FY22 20.5 279.1 -2.0 -2.2 8.9%

Trafiksol ITS Technologies Ltd. IPO SUBSCRIPTION STATUS DETAILS

Trafiksol ITS Technologies Ltd. has 6.4 M shares on offer

Trafiksol ITS Technologies Ltd. IPO offer price is in the range ₹66 - ₹70

Trafiksol ITS Technologies Ltd. IPO minimum Investment is ₹132000

Trafiksol ITS Technologies Ltd. IPO issue size is ₹ 423.1 M - ₹ 448.7 M

Trafiksol ITS Technologies Ltd. has a minimum lot size of 2000 Shares per application

Trafiksol ITS Technologies Ltd. NUMBER OF SHARES ON OFFER

Total6.4 M
Fresh Issue6.4 M
Offer for Sale0
Post Issue Promoter Holding %44.72 %

Trafiksol ITS Technologies Ltd. IPO IMPORTANT DATES

Issue Open Date10 Sep 2024
Issue close Date12 Sep 2024
Allotment Date13 Sep 2024
Refund Date16 Sep 2024
Demat Account Credit Date16 Sep 2024
Listing Date-
Listing on Exchange(s)BSE
Trafiksol ITS Technologies Ltd. Allotment StatusExchange

Trafiksol ITS Technologies Ltd. Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Trafiksol ITS Technologies Ltd.70170.314.20.12.635.319.466.179.812159.64.9159.6
Tata Consultancy Services Ltd.2075750753.215.114.12.745.9272714234.7492101.4137.61.1
Infosys Ltd.1035420031.613.91.32.331.718.91829729.82944010.274.611.1
HCL Technologies Ltd.1243.1337335.719.47.42.522.114.313167410.216642-4.364.22.6
Wipro Ltd.159.4157840.111.9-6.61.7159.396497.73.813197.40.513.3-1.8
Tech Mahindra Ltd.1533150258.429.32.22.516.29.756847.35.64810.913.252.413.1

Trafiksol ITS Technologies Ltd. INFORMATION ON IPO ISSUE

About Trafiksol ITS Technologies Ltd.

Trafiksol ITS Technologies was incorporated on March 05, 2018. The company offers comprehensive intelligent transportation systems (ITS) and automation solutions, including software development, consulting, and delivery services. It manages projects like advanced traffic management systems (ATMS), toll management systems (TMS), and tunnel management systems.

Object of the Issue

  • Purchase of software.
  • Repayment/prepayment, in part or full, of certain of the company's borrowings.
  • To meet working capital requirements.
  • General corporate purpose.

Trafiksol ITS Technologies Ltd. - PROMOTERS

Name
Jitendra Narayan Das
Poonam Das

Trafiksol ITS Technologies Ltd. Lead Manager of the Issue

Ekadrisht Capital Private Limited

krunal@ekadrisht.com

Trafiksol ITS Technologies Ltd. Registrar to the issue

Maashitla Securities Private Limited

ipo@maashitla.com

Trafiksol ITS Technologies Ltd. Strengths

Customer relationships

The company aims to enhance its performance and establish long-term customer relationships by adapting to evolving customer needs and effectively managing product lines throughout their life cycle

Strength

Diversified Portfolio

The company's diversified portfolio of services differentiates it in the market, offering tailored solutions to address clients' evolving needs. By continuously expanding and refining its offerings, the company stays agile and responsive to emerging trends

Strength

Trafiksol ITS Technologies Ltd. Risks

Unforeseen challenges

Delays in project timelines caused by unforeseen challenges like adverse site conditions, procurement issues, or labor shortages can significantly affect the successful completion of projects

Risk

License Approvals

The business requires obtaining and renewing various registrations, licenses, and permits from government and regulatory authorities. Failure to do so in a timely manner may negatively impact the company's business operations

Risk

IPO FAQs

  • The promoters of the company are Jitendra Narayan Das and Poonam Das.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
  • The price band of the IPO is Rs 66.0 - 70.0.
  • The IPO application opens on Sep 10, 2024 and closes on Sep 12, 2024.
  • The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
  • For all category investors, the minimum application amount for this IPO is Rs. 132,000.0, the maximum value for this IPO is Rs 140,000.0.
  • This IPO will be allotted on Sep 13, 2024.
  • The refund will be credited to your account on Sep 16, 2024.
  • The allotted shares will be credited to your demat on Sep 16, 2024.