- POSITIVE
Annual Revenue Trafiksol ITS Technologies... Mar-2024 Annual Revenue is Rs 66 Cr which is growth of 79.8% YoY.
- POSITIVE
Annual Net Profit Trafiksol ITS Technologies... Mar-2024 Annual Net Profit is Rs 12 Cr which is growth of 159.6% YoY.

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 Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹132,000 | 1 | 1 | 2000 | 6.4 M | ₹66 - ₹70 | 44.72 % | ₹423.1 M - ₹448.7 M | RHP DOC |
Trafiksol ITS Technologies Ltd. IPO SUBSCRIPTION STATUS
12 Sep '24Trafiksol 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
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
12 Sep 2024 (Day 3) | 317.58x | 517.46x | 129.22x |
11 Sep 2024 (Day 2) | 116.29x | 53.13x | 0x |
10 Sep 2024 (Day 1) | 36.72x | 15.58x | 0x |
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
Trafiksol ITS Technologies Ltd. IPO IMPORTANT DATES
| Issue Open Date | 10 Sep 2024 |
| Issue close Date | 12 Sep 2024 |
| Allotment Date | 13 Sep 2024 |
| Refund Date | 16 Sep 2024 |
| Demat Account Credit Date | 16 Sep 2024 |
| Listing Date | - |
| Listing on Exchange(s) | BSE |
| Trafiksol ITS Technologies Ltd. Allotment Status | Exchange |
Trafiksol ITS Technologies Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trafiksol ITS Technologies Ltd. | 70 | 170.3 | 14.2 | 0.1 | 2.6 | 35.3 | 19.4 | 66.1 | 79.8 | 12 | 159.6 | 4.9 | 159.6 |
| Tata Consultancy Services Ltd. | 2075 | 750753.2 | 15.1 | 14.1 | 2.7 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1035 | 420031.6 | 13.9 | 1.3 | 2.3 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1243.1 | 337335.7 | 19.4 | 7.4 | 2.5 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 159.4 | 157840.1 | 11.9 | -6.6 | 1.7 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1533 | 150258.4 | 29.3 | 2.2 | 2.5 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
Trafiksol ITS Technologies Ltd. annual results: revenue, profit, P&L, and margins as of Mar 2024 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 |
|---|---|---|---|---|---|---|---|
39.4% | 66.1 | 36.8 | 28 | 24.4 | 15.1 | ||
Operating Exp. Ann. | 33.8% | 48.1 | 31.4 | 25.5 | 20.1 | 13.6 | |
Operating Profit Ann. | 61.5% | 17.7 | 4.9 | 2.5 | 4.2 | 1.4 | |
OPM Ann. % | 15.6% | 26.79% | 13.39% | 8.77% | 17.32% | 8.99% | |
34.2% | 49.1 | 32.1 | 26 | 20.3 | 13.8 | ||
EBITDA Ann. | 61.2% | 18 | 5.4 | 2.6 | 4.3 | 1.4 | |
EBITDA Ann. margin % | 15.6% | 27.20% | 14.62% | 9.15% | 17.59% | 9.49% | |
Interest Ann. | - | 0.9 | 0.5 | 0.4 | 0 | 0 | |
Depr. | -20.6% | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | |
PBT Ann. | 60.7% | 17 | 4.7 | 2.1 | 4.1 | 1.2 | |
Tax Ann. | - | 5 | 0 | 0 | -0.1 | 0.4 | |
41.9% | 12 | 4.6 | 2 | 4.2 | 0.9 | ||
Net Profit Ann. | 41.9% | 12 | 4.6 | 2 | 4.2 | 0.9 | |
NPM Ann. % | 2.2% | 18.25% | 12.74% | 7.29% | 17.12% | 5.77% | |
EPS Adj. latest Ann. | -77.3% | 4.9 | 462.7 | 203.7 | 417.3 | 86.5 |
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
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
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
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
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.
