IPO

Trafiksol ITS Technologies Limited IPO

BSE SME

Offer Date: Sep 10, 2024 - Sep 12, 2024

IPO Cancelled

₹ 280000 /4000 Shares
*Min Investment

Check Allotment

10 Sep, 2024

Open Date

12 Sep, 2024

Close Date

13 Sep, 2024

Allotment Date

17 Sep, 2024

Listing Date

Exp. Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

Trafiksol ITS Technologies IPO Issue Details
  • Issue Price ₹66-70 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 64,10,000 shares(aggregating up to ₹44.87 crore)
  • Fresh Share 64,10,000 shares(aggregating up to ₹44.87 crore)
  • Listing at BSE SME
  • Lead Manager Ekadrisht Capital Private Limited
  • Registrar Maashitla Securities Private Limited
Market Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)12000₹1,40,000
Retail(max)12000₹1,40,000
NII (min) 24,000₹2,80,000
Trafiksol ITS Technologies IPO Reservation

Trafiksol ITS Technologies IPO offers total 64,10,000 shares. Out of which 12,18,000 (19%) allocated to QIB, 9,14,000 (14.26%) allocated to NII,21,34,000 (33.29%) allocated to RII, NA (NA%) allocated to employees and 18,22,000 (28.42%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered18,22,000 (28.42%)
Market Maker Shares Offered3,22,000 (5.02%)
QIB Shares Offered12,18,000 (19%)
NII (HNI) Shares Offered9,14,000 (14.26%)
Retail Shares Offered21,34,000 (33.29%)
Total Shares Offered64,10,000 (100%)
Trafiksol ITS Technologies IPO Documents
Trafiksol ITS Technologies IPO Details


Trafiksol ITS Technologies Limited IPO is an SME IPO, priced at ₹66-70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 64,10,000 equity shares, aggregating up to ₹44.87 crores..

The IPO bidding window is open from Sep 10, 2024 to Sep 12, 2024. The allotment is expected to be finalized on Sep 13, 2024, and the tentative listing date is Sep 17, 2024.

The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,40,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,80,000.

Ekadrisht Capital Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Ss Corporate Securities Limited will act as the market maker for this issue.

Read More
Trafiksol ITS Technologies IPO Subscription Analysis And Details
Retail
317.66x
Total
345.65x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,218,000 / 914,000*2,134,0004,266,000
Day 1 10-09-24 06:00 PM
0.00 / 21.07 x36.72 x22.88 x
Day 2 11-09-24 06:00 PM
0.00 / 71.49 x116.29 x73.49 x
Day 3 12-09-24 06:00 PM
129.22 / 699.40 x317.66 x345.65 x

Total No of Applications
461,053
Trafiksol ITS Technologies Valuations
EPS Pre IPO ₹6.75/-
EPS Post IPO ₹4.97/-
P/E Pre IPO 10.38
P/E Post IPO 14.09
ROE 52.12%
ROCE 42.47%
Debt/Equity 0.31
RoNW 35.44%
PAT Margin 18.38%
Trafiksol ITS Technologies Company Financials
In Lakhs
In Lakh
31-Mar-2431-Mar-2331-Mar-22
Assets6,215.523,363.172,284.01
Revenue6,608.53,6752,801.92
Profit After Tax1,209.3477.85205.19
Net Worth3,412.621,208.79730.94
Reserves & Surplus1,620.121,198.79720.94
Total Borrowing1,050.24798.7506.42
About Trafiksol ITS Technologies Company

Founded in 2018, TrafikSol ITS Technologies Limited is a pioneering provider of Intelligent Transportation Systems (ITS) and automation solutions. The company specializes in software development, consulting, and delivery services. It offers ready-made and customized solutions tailored to meet specific user needs.

TrafikSol is one of the leading EPC companies providing specialized engineering, procurement, and construction services. The company operates with innovations in ATMS, TMS, and TNMS. Their services range from:
ATMS: monitoring traffic and managing incidents, processing information, provision of travel information, control systems
TMS: e-toll collection, manual toll operations, and their management by conducting toll stations.
TNMS: advanced sensors, emergency response, as well as ventilation control to enhance safety.
Highway Lighting: Energy-efficient LED solutions for safer and sustainable highways.
solar energy Solutions: Project development and management for solar instalations
Detections systems - Speeding for integrated command centers, ICCC, defense service- aircraft (spareparts, maritime), maintenance.

As of 31 March, 2024, TrafikSol counts 104 full-time professionals and continues to implement state-of-the-art technology for a variety of needs through the operation of various divisions. Transportation, energy, defense: with core competencies such as these, TrafikSol keeps pioneering smarter infrastructure across the globe.

Read More
Trafiksol ITS Technologies - Promoter(s)

Jitendra Narayan Das

Poonam Das

Pre Issue Share Holding : 60.71%

Post Issue Share Holding : 44.72%

Trafiksol ITS Technologies IPO - Issue Objectives
1

Purchase of Software

2

Repayment/prepayment, in part or full, of certain borrowings

3

To Meet Working Capital Requirements

4

General Corporate Purpose.

Contact Details

Trafiksol ITS Technologies

2nd Floor, B 68, Sector 63, Noida, Gautam Buddha Nagar, Noida - 201 301

+91- 87440 50058

info@trafiksol.com

http://www.trafiksol.com/

Registrar Contact Details

Maashitla Securities Private Limited

+91-11-45121795-96

Investor.ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues