TRAFIKSOL ITS TECHNOLOGIES LIMITED

10 Sep 2024 - 12 Sep 2024 Individual Category SME BSE

Min Investment

₹264000

Price Band

₹66-₹70

Issue Size

45.88 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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10 Sep 2024

Open Date

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12 Sep 2024

Close Date

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13 Sep 2024

Allotment Date

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17 Sep 2024

Listing Date

Trafiksol ITS Technologies IPO is open for subscription starting Tuesday, September 10, 2024, and closing on Thursday, September 12, 2024. This upcoming IPO's price is Rs 66 to Rs 70 per share. The minimum lot size set for the retail category is 2000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 4000 shares.  The minimum investment required for retail category investors is Rs 1,40,000 (70 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,80,000 (70 x 4000 shares).   Trafiksol ITS Technologies IPO is a book-built  issue of Rs 44.87 crores. This upcoming IPO’s is entirely an fresh issue of 64.1 lakh equity shares. The allotment for this new IPO is expected to be finalised on Friday, September 13, 2024. Trafiksol ITS Technologies IPO will be listed on BSE SME on Tuesday, September 17, 2024.  Ekadrisht Capital Private Limited is the book-running lead manager, Maashitla Securities Private Limited is the registrar, and Ss Corporate Securities is the market maker for this IPO.

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About Trafiksol Its Technologies Limited

Trafiksol ITS Technologies IPO was founded in 2018 and provides services for intelligent transportation systems and automation solutions, including software development, consulting and delivery services. Trafiksol ITS offers ready-made software solutions, operating systems, business applications and computer games for all platforms. The company focuses on analysing user needs and problems to deliver customised software solutions, including tailor-made software and ongoing maintenance. Trafiksol is a specialised EPC company that is involved in various projects in areas such as Advanced Traffic Management Systems, Toll Management Systems and Tunnel Management Systems. Trafiksol platform has been designed to meet different customer requirements, ensuring flexibility and agility at every stage. The company stands out from the market with its diversified portfolio of services, offering comprehensive solutions tailored to the changing needs of customers.

Founded

2018

Managing Director

Jitendra Narayan Das and Poonam Das

Parent Organization

IPO Objectives

The funds will be used to purchase software and repay or prepay certain company borrowings. The remaining will be used to meet working capital requirements and fulfill general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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IPO Allotment

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