Trafiksol ITS Technologies IPO
IPO Details
- Open Date
10 Sep 2024
- Close Date
12 Sep 2024
- IPO Price Range
₹ 66 to ₹ 70
- IPO Size
₹ 44.87 Cr
- Listing Exchange
BSE SME
- Listing Date
17 Sep 2024
IPO Timeline
Trafiksol ITS Technologies IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 10-Sep-24 | 0.00 | 21.07 | 36.72 | 22.88 |
| 11-Sep-24 | 0.00 | 71.49 | 116.29 | 73.49 |
| 12-Sep-24 | 129.22 | 699.40 | 317.66 | 345.65 |
Last Updated: 12 September 2024 6:20 PM by 5Paisa
Last Updated: 12th September 2024, 06:10 PM by 5paisa
Trafiksol ITS Technologies IPO is set to open on 10 September 2024 and will close on 12 September 2024. The company offers a full range of intelligent transportation systems (ITS) and automation solutions, including software development, consulting, and delivery services.
The IPO includes a fresh issue of 64.1 lakh shares aggregating ₹44.87 Cr and it does not include an offer for sale. The price is set between ₹66 -₹70 per share and the lot size is 2000 shares.
The allotment is scheduled to be finalised on 13 September 2024. It will go public on BSE SME, with a tentative listing date of 17 September 2024.
Ekadrisht Capital Private Limited is the book-running lead manager, while Maashitla Securities Private Limited is the registrar.
Trafiksol ITS IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO Size | 44.87 |
| Offer For Sale | - |
| Fresh Issue | 44.87 |
Trafiksol ITS IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| HNI (Min) | 2 | 4,000 | ₹280,000 |
Trafiksol ITS IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| QIB | 129.22 | 12,18,000 | 15,73,90,000 | 1,101.73 |
| NII (HNI) | 699.40 | 9,14,000 | 63,92,54,000 | 4,474.78 |
| Retail | 317.66 | 21,34,000 | 67,78,94,000 | 4,745.26 |
| Total | 345.65 | 42,66,000 | 1,47,45,38,000 | 10,321.77 |
Trafiksol ITS IPO Anchor Allocation
| Anchor Bid Date | 9 September, 2024 |
| Shares Offered | 1,822,000 |
| Anchor portion Size (In ₹ Cr.) | 12.75 |
| Anchor lock-in period end date for 50% shares (30 Days) | 13 October, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | 12 December, 2024 |
1. Working Capital Requirements.
2. General Corporate Purposes.
3. Repayment or prepayment of certain borrowings
4. Purchase of Software
TrafikSol ITS Technologies Limited, founded in 2018, provides a wide range of intelligent transportation systems (ITS) and automation solutions. They offer both ready-made and custom software solutions, including operating systems, business applications, and computer games. Their focus is on understanding user needs to create tailored software and provide ongoing support.
As an EPC (Engineering, Procurement, and Construction) company, TrafikSol works on various projects, including Advanced Traffic Management Systems (ATMS), Toll Management Systems (TMS), and Tunnel Management Systems (TNMS). Their services include traffic monitoring and control, toll collection systems, tunnel safety measures, highway lighting with energy-efficient LEDs, and solar energy solutions. They also offer transmission and distribution services, speeding detection systems, Integrated Command and Control Centers (ICCC), and defense services such as aircraft spare parts supply and maritime support.
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Revenue | 66.09 | 36.75 | 28.02 |
| EBITDA | 17.78 | 5.02 | 2.47 |
| PAT | 12.09 | 4.78 | 2.05 |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Total Assets | 62.16 | 33.63 | 22.84 |
| Share Capital | 17.93 | 0.10 | 0.10 |
| Total Borrowings | 10.50 | 7.99 | 5.06 |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -11.26 | 2.68 | -0.10 |
| Net Cash Generated From / (used in) investing activities | 0.03 | -2.37 | 0.07 |
| Net Cash Generated From / (used in) financing activities | 10.73 | 0.57 | 0.30 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.50 | 0.88 | 0.27 |
Strengths
1. The company has established and expanded its customer network through geographic growth, building strong relationships.
2. The company offers a wide range of services, providing comprehensive solutions tailored to evolving customer needs.
3. Led by a skilled management team, the company is guided by expertise and vision to drive growth and sustainability.
Risks
1. The ITS and automation industry is highly competitive, with both established players and new entrants. Increased competition could affect market share and profitability.
2. The ITS and automation industry is rapidly evolving. The company must continuously innovate and upgrade its technology to stay competitive. Failure to do so could result in losing clients to more technologically advanced competitors.
3. If the company relies heavily on a few key clients, losing any of these clients or facing reduced orders from them could impact revenue.
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FAQs
Trafiksol ITS Technologies IPO opens from 10th September to 12th September 2024.
The size of the Trafiksol ITS Technologies IPO is ₹44.87 Cr.
The price band of Trafiksol ITS Technologies IPO is fixed between ₹66 - ₹70 per share.
To apply for Trafiksol ITS Technologies IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Trafiksol ITS Technologies IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Trafiksol ITS Technologies IPO is 2000 shares and the minimum investment required is ₹132,000.
The share allotment date of Trafiksol ITS Technologies IPO is 13th September 2024
The Trafiksol ITS Technologies IPO will be listed on 17th September 2024.
Ekadrisht Capital Private Limited is the book-running lead manager for Trafiksol ITS Technologies IPO.
Trafiksol ITS Technologies plans to utilise the raised capital from the IPO for:
1. Working Capital Requirements.
2. General Corporate Purposes.
3. Repayment or prepayment of certain borrowings
4. Purchase of Software
Contact Information
Trafiksol ITS Technologies
Trafiksol ITS Technologies Limited
2nd Floor, B 68, Sector 63,
Noida, Gautam Buddha Nagar,
Noida - 201 301
Phone: +91- 87440 50058
Email: info@trafiksol.com
Website: http://www.trafiksol.com/
Trafiksol ITS Technologies IPO Register
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Trafiksol ITS Technologies IPO Lead Manager
Ekadrisht Capital Private Limited
