Tranway Technologies Limited IPO
BSE SME₹ 200000 /20000 Shares
*Min Investment
27 Jan, 2020
Open Date29 Jan, 2020
Close Date04 Feb, 2020
Allotment Date05 Feb, 2020
Listing DateIPO Issue Details
- Issue Price Rs 10/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh Issue of 42,40,000 Equity Shares of Rs 10/- at price of Rs 10/- with aggregating up to Rs 4.24 Cr
- Listing at BSE SME
- Lead Manager Finshore Management Services Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion N/A
IPO Details
Tranway Technologies Limited IPO is an SME IPO, priced at Rs 10/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 27, 2020 to Jan 29, 2020. The allotment is expected to be finalized on Feb 4, 2020, and the tentative listing date is Feb 5, 2020.
The registrar of the IPO is Link Intime India Private Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 20,10,000 | 20,10,000 | 40,20,000 |
Day 1 - 27-01-20 | 18,60,000 0.93 x | 5,10,000 0.25 x | 23,70,000 0.59 x |
Day 2 - 28-01-20 | 18,60,000 0.93 x | 15,00,000 0.75 x | 33,60,000 0.84 x |
Day 3 - 29-01-20 | 21,90,000 1.09 x | 57,70,000 2.87 x | 79,60,000 1.98 x |
Valuations
IPO - Issue Objectives
To meet the working capital requirements of the company for business operations and expansion in India andAbroad ( Rs 3.64 Cr )
General Corporate Purposes ( Rs 0.35 Cr )
To meet the Issue Expenses ( Rs 0.25 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Tranway Technologies Limited | 0.85 | 44.13 | 43.28% | 5.18 |
| Info Edge (India) Limited | 13.28 | 145.96 | 9.10% | 1209.41 |
IPO - FAQs
Ans. Tranway Technologies Limited IPO is a SME IPO. The issue is priced at Rs 10/- Per Equity Share . The minimum order quantity is 10000 Shares. The IPO opens on Jan 27, 2020, and closes on Jan 29, 2020. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Tranway Technologies Limited IPO opens on Jan 27, 2020 and closes on Jan 29, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Tranway Technologies Limited IPO is Fresh Issue of 42,40,000 Equity Shares of Rs 10/- at price of Rs 10/- with aggregating up to Rs 4.24 Cr.
Ans. The Tranway Technologies Limited IPO price band is set between Rs 10/- Per Equity Share .
Ans. To apply for Tranway Technologies Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Tranway Technologies Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Tranway Technologies Limited IPO is Feb 4, 2020.
Ans. The Tranway Technologies Limited IPO will be listed on Feb 5, 2020.
Ans. Follow the steps to check the Tranway Technologies Limited IPO allotment status online.
