The Trafiksol ITS Technologies IPO is set to open on September 10 and will close on September 12, 2024. It is a Book Built Issue, aiming to raise approximately ₹44.87 crores through a fresh issue of ₹44.87 crores and an offer for sale of an undisclosed number of equity shares with a face value of ₹10 each.
The IPO price band has been set between ₹66 and ₹70 per share. The allocation of shares is as follows: 35% for retail investors, 50% for qualified institutional buyers (QIB), and 15% for high net-worth individuals (HNI). Trafiksol ITS is scheduled to be listed on the NSE on September 17, 2024, with the allotment date set for September 13, 2024.
Financially, the company recorded a revenue of ₹66.09 crores in 2024, a significant increase from ₹36.75 crores in 2023. Its profit also rose sharply, from ₹4.78 crores in 2023 to ₹12.09 crores in 2024. Given the company’s financial performance, long-term investment in this IPO may be favorable for investors.
Trafiksol ITS Technologies IPO Objectives
The company plans to use the net proceeds from the IPO for the following purposes:
Purchase of software
Repayment or prepayment, in part or full, of certain borrowings
Meeting working capital requirements
General corporate purposes
Trafiksol ITS Technologies IPO Review (Apply or Not)
To be updated soon
Trafiksol ITS Technologies 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% |
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Trafiksol ITS Technologies IPO Lot Size
The minimum lot size for the Trafiksol ITS IPO is 2,000 shares, with a required investment 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 Technologies IPO Timeline
The Trafiksol ITS Technologies IPO will open on September 10, 2024, and close on September 12, 2024. Share allotment will be finalized on September 13, 2024, and the company is set 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 Technologies IPO GMP Today
The latest Grey Market Premium (GMP) for the Trafiksol ITS Technologies SME IPO is ₹80. With a price band set at ₹70, the estimated listing price is projected to be around ₹150 (price band + GMP). This indicates a potential 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 that focuses on solving complex traffic-related issues, aiming to improve traffic safety through innovative technology and sustainable solutions. The company is committed to reducing real-time risks by offering timely warnings to users and enhancing crash risk management through advanced design applications, standards, and guidelines.
Beyond traffic safety, Trafiksol ITS Technologies also provides industrial services such as rigging solutions, precision alignments, custom fabrication, and maintenance services. Additionally, the company offers IT services including infrastructure management, managed security, and software development, positioning itself as a versatile and reliable partner in both traffic safety and industrial sectors.
Trafiksol ITS Financial Report
In 2024, the company reported a revenue of ₹66.09 crores, a significant increase from ₹36.75 crores in 2023. Its profit also grew from ₹4.78 crores in 2023 to ₹12.09 crores in 2024.
| 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 Technologies IPO Valuation – FY2024
Review the valuation details of the Trafiksol ITS IPO, including key metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).
| 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 |
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 Technologies IPO FAQs
What is the Trafiksol ITS Technologies IPO?
Trafiksol ITS IPO is an SME IPO through which the company aims to raise ₹44.87 crores. The issue is priced between ₹66 to ₹70 per equity share, and the IPO will be listed on the NSE.
When will the Trafiksol ITS Technologies IPO open for subscription?
The IPO opens for subscription on September 10, 2024, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors. The subscription will close on September 12, 2024.
What is the investors’ portion for the Trafiksol ITS IPO?
The allocation is divided as follows: 50% for QIB, 15% for NII, and 35% for retail investors.
How can I apply for the Trafiksol ITS IPO?
You can apply for the IPO online via ASBA (Application Supported by Blocked Amount) through your bank account. Alternatively, you can apply through UPI or stock brokers, either online or by submitting an offline form.
What is the issue size of the Trafiksol ITS Technologies IPO?
The issue size is ₹44.87 crores.
What is the price band for the Trafiksol ITS Technologies IPO?
The price band is set between ₹66 and ₹70 per share.
What is the lot size for the Trafiksol ITS Technologies IPO?
The minimum bid requires 2,000 shares, amounting to ₹1,40,000.
When is the allotment date for the Trafiksol ITS Technologies IPO?
The allotment date for the IPO is September 13, 2024.