trafiksol-ipo

Trafiksol ITS Technologies IPO

  • Status: Closed
  • RHP:
  • ₹ 132,000 / 2000 shares

    Minimum Investment

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

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Trafiksol ITS Technologies IPO Subscription Status

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.

Profit and Loss

Balance Sheet

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