Trafiksol its technologies ltd (BSE SME) LISTING POSTPONED BY BSE TILL FURTHER NOTICE
Sep 10, 2024 - Sep 12, 2024
| Price | ₹66 - ₹70 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Sep 13, 2024 |
| Listing | - |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 140000 | 1067 |
| HNI | 2 | 4000 | 280000 | 457 |
Last updated on 12-Sep-2024 19:20:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 1218000 | 0 | 0 |
| HNIs | 914000 | 0 | 0 |
| Retail | 2134000 | 0 | 0 |
| Total | 4266000 | 0 | 0 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.29% | 2134000 |
| NII (HNI) | 14.26% | 914000 |
| Anchor | 28.42% | 1822000 |
| QIB | 19.00% | 1218000 |
| Market Maker | 5.02% | 322000 |
| Total | 100.00% | 6410000 |
IPO Details
| Total Issue Size | 6,410,000 shares (aggregating up to 44.87 Cr) |
| Fresh Issue | 6,410,000 shares (aggregating up to 44.87 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,79,25,000 |
| Share holding post issue | 2,43,35,000 |
| Market Maker portion | 322,000 shares Ss Corporate Securities |
Key Performance Indicators
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 52.12% | 48.49% | 33.34% |
| ROCE | 42.47% | 30.66% | 21.54% |
| RONW | 35.44% | 39.53% | 28.07% |
| D/E | 0.31 | 0.66 | 0.69 |
| EPS (basic) | 6.77 | 2.68 | 1.15 |
| P/E Pre IPO | 10.38 | ||
| P/E Post IPO | 14.09 |
Financial Statement (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| Assets | 6,215.52 | 3,363.17 | 2,284.01 |
| Revenue | 6,608.50 | 3,675 | 2,801.92 |
| Profit After Tax | 1,209.30 | 477.85 | 205.19 |
| Net Worth | 3,412.62 | 1,208.79 | 730.94 |
| Reserves and Surplus | 1,620.12 | 1,198.79 | 720.94 |
| Total Borrowing | 1,050.24 | 798.7 | 506.42 |
| Amount in Lakhs | |||
About Company
TrafikSol ITS Technologies Limited, founded in 2018, specializes in intelligent transportation systems (ITS) and automation solutions, offering both ready-made and customized software for various platforms. The company provides a range of services, including Advanced Traffic Management Systems (ATMS), Toll Management Systems (TMS), and Tunnel Management Systems (TNMS). TrafikSol is also involved in highway lighting, transmission and distribution services, solar energy solutions, and speeding detection systems. Additionally, it manages Integrated Command and Control Centers (ICCC) and delivers defense services such as aircraft spare parts supply and ground-based maintenance support. As of March 31, 2024, the company had a total of 104 permanent employees in various departments.
Experienced Leadership: The company benefits from a seasoned team of promoters and management, ensuring strategic direction and operational efficiency.
Strong Customer Relationships: Established ties with a reliable customer base contribute to steady business and recurring revenue.
Industry Expertise: The team's deep industry knowledge supports effective decision-making and innovation, enhancing the company's competitive edge.
Ongoing Litigation: Outstanding legal cases may negatively impact the company's reputation, business operations, and financial results if the outcomes are unfavorable.
Statutory Non-compliance: Past lapses in adhering to statutory deadlines have led to penalties, and future non-compliance could result in further regulatory actions or litigation.
Director Disqualification: The past disqualification of a key promoter due to non-compliance in previous companies raises concerns about governance and compliance risks.
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues