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

CategoryOfferedAppliedTimes
QIBs121800000
HNIs91400000
Retail213400000
Total426600000
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.29%2134000
NII (HNI)14.26%914000
Anchor28.42%1822000
QIB19.00%1218000
Market Maker5.02%322000
Total 100.00%6410000

IPO Details

Total Issue Size6,410,000 shares (aggregating up to 44.87 Cr)
Fresh Issue6,410,000 shares (aggregating up to 44.87 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share holding pre issue1,79,25,000
Share holding post issue2,43,35,000
Market Maker portion322,000 shares
Ss Corporate Securities

Key Performance Indicators

KPIMar-24Mar-23Mar-22
ROE52.12%48.49%33.34%
ROCE42.47%30.66%21.54%
RONW35.44%39.53%28.07%
D/E0.310.660.69
EPS
(basic)
6.772.681.15
P/E
Pre IPO
10.38
P/E
Post IPO
14.09

Financial Statement (Restated)

Period EndedMar-24Mar-23Mar-22
Assets6,215.523,363.172,284.01
Revenue6,608.503,6752,801.92
Profit After Tax1,209.30477.85205.19
Net Worth3,412.621,208.79730.94
Reserves and Surplus1,620.121,198.79720.94
Total Borrowing1,050.24798.7506.42
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.

Lead Manager(s)
Ekadrisht Capital Private Limited
Strength

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.

Weakness

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.

Registrar

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues