Trafiksol ITS IPO Details: The Trafiksol ITS Technologies IPO will open on September 10, 2024, and close on September 12, 2024. This Book Built Issue aims to raise approximately ₹44.87 crores, consisting of a fresh issue of ₹44.87 crores and an offer for sale of equity shares, each with a face value of ₹10.
The IPO price band is set between ₹66 and ₹70. The allocation is divided into 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO will list on the NSE on September 17, 2024, with allotments announced on September 13, 2024.
In its latest financial report, the company recorded a revenue of ₹66.09 crores for 2024, up from ₹36.75 crores in 2023. The profit for 2024 was ₹12.09 crores, compared to ₹4.78 crores in 2023. Based on these financials, long-term investors might find this IPO appealing.
Trafiksol ITS IPO Objectives:
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Purchase of Software;
- Repayment/prepayment, in part or full, of certain borrowings;
- To Meet Working Capital Requirements; and
- General Corporate Purpose.
Trafiksol ITS IPO Review (Apply or Not)
- Update soon
Trafiksol ITS IPO Date & Price Band Details:
| IPO Open Date: | September 10, 2024 |
| IPO Close Date: | September 12, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹66 to ₹70 Per Share |
| Issue Size: | Approx ₹44.87 Crores |
| Fresh Issue: | Approx ₹44.87 Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
Trafiksol ITS IPO Lot Size:
The minimum market lot for the Trafiksol ITS IPO is 2,000 shares, requiring an application amount of ₹1,40,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹1,40,000 |
| Retail Maximum | 1 | 2000 | ₹1,40,000 |
| HNI Minimum | 2 | 4000 | ₹2,80,000 |
Trafiksol ITS IPO Timeline:
The Trafiksol ITS Technologies IPO will open on September 10, 2024, and close on September 12, 2024. The allotment of shares will be finalized on September 13, 2024, with the IPO scheduled to list on the NSE on September 17, 2024.
| IPO Open Date: | September 10, 2024 |
| IPO Close Date: | September 12, 2024 |
| Basis of Allotment: | September 13, 2024 |
| Refunds: | September 16, 2024 |
| Credit to Demat Account: | September 16, 2024 |
| IPO Listing Date: | September 17, 2024 |
Trafiksol ITS IPO GMP Today:
The last GMP (Grey Market Premium) for the Trafiksol ITS Technologies SME IPO is ₹80. With a price band of ₹70, the estimated listing price is ₹150 (price band + today’s GMP). This suggests an expected percentage gain of approximately 114.29% per share.
Promoters of Trafiksol ITS Technologies
The promoters of Trafiksol ITS Technologies are Jitendra Narayan Das and Poonam Das.
About Trafiksol ITS Technologies
Trafiksol ITS Technologies is a leading company specializing in addressing complex traffic-related challenges with a focus on enhancing traffic safety through innovative technology and sustainable solutions. The company is dedicated to reducing real-time risks by providing timely warnings to users and improving crash risk management through advanced design applications, standards, and guidelines.
In addition to its traffic safety solutions, Trafiksol ITS Technologies is a reliable provider of industrial services, including rigging solutions, precision alignments, custom fabrication, and maintenance services. The company also offers IT services such as infrastructure management, managed security, and software development, positioning itself as a versatile and trusted partner in both traffic safety and industrial services.
Trafiksol ITS Company Financial Report
The company reported revenue of ₹66.09 crores in 2024 against ₹36.75 crores in 2023. The company reported a profit of ₹12.09 crores in 2024 against a profit of ₹4.78 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹28.02 | ₹25.89 | ₹2.05 | ₹22.84 |
| 2023 | ₹36.75 | ₹31.98 | ₹4.78 | ₹33.63 |
| 2024 | ₹66.09 | ₹49.09 | ₹12.09 | ₹62.16 |
Trafiksol ITS IPO Valuation – FY2024
Check Trafiksol ITS IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 52.12% |
| ROCE: | 42.47% |
| EBITDA Margin: | 26.90% |
| PAT Margin: | 18.25% |
| Debt to equity ratio: | 0.31 |
| Earning Per Share (EPS): | ₹6.77 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 35.44% |
| Net Asset Value (NAV): | ₹6.77 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| – | NA | NA | NA | NA | NA |
| – | NA | NA | NA | NA | NA |
Trafiksol ITS Technologies IPO Registrar
Maashitla Securities Pvt. Limited
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
IPO Lead Managers aka Merchant Bankers
- Ekadrisht Capital Private Limited
Company Address
Trafiksol ITS Limited
2nd Floor, B 68, Sector 63, Noida, Gautam Buddha Nagar,
Noida 201 301, Uttar Pradesh, India
Phone: +91 – 8744050058
E-mail: info@trafiksol.com
Website: www.trafiksol.com
Trafiksol ITS IPO FAQs
1. What is the Trafiksol ITS IPO?
The Trafiksol ITS IPO (Initial Public Offering) is the process by which Trafiksol ITS Technologies will offer its shares to the public for the first time, allowing investors to buy and own a part of the company.
2. When is the Trafiksol ITS IPO open?
The IPO will open on September 10, 2024, and close on September 12, 2024.
3. How can I apply for the Trafiksol ITS IPO?
You can apply for the IPO through your stockbroker or via online trading platforms that offer IPO services. Ensure you have a demat account and a trading account to complete your application.
4. What is the minimum lot size for the Trafiksol ITS IPO?
The minimum market lot for the Trafiksol ITS IPO is 2,000 shares, with an application amount of ₹1,40,000.
5. What is the price band for the Trafiksol ITS IPO?
The price band for the IPO is set between ₹66 and ₹70 per share.
6. What is the allotment date for the Trafiksol ITS IPO?
The allotment of shares will be finalized on September 13, 2024.
7. When will the Trafiksol ITS IPO be listed on the stock exchange?
The IPO is scheduled to list on the NSE on September 17, 2024.
8. What is the Grey Market Premium (GMP) for the Trafiksol ITS IPO?
As of September 5, 2024, the GMP for the Trafiksol ITS IPO is ₹80. With a price band of ₹70, the estimated listing price is ₹150, indicating an expected percentage gain of approximately 114.29% per share.
9. Who are the promoters of Trafiksol ITS Technologies?
The promoters of Trafiksol ITS Technologies are Jitendra Narayan Das and Poonam Das.
10. What does Trafiksol ITS Technologies specialize in?
Trafiksol ITS Technologies focuses on solving complex traffic-related challenges with an emphasis on traffic safety through innovative technology and sustainable products. The company also provides industrial services, including rigging solutions, precision alignments, custom fabrication, maintenance services, and IT services such as infrastructure management, managed security, and software development.
11. Why should investors consider applying for the Trafiksol ITS IPO?
Investors may find the Trafiksol ITS IPO appealing due to the company’s strong focus on innovative and sustainable traffic solutions, its versatile range of services in both traffic safety and industrial sectors, and its recent positive financial performance.
