Jalan Transolutions (India) Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,827,000 (47%) | — | ₹840 Cr |
| Retail | — | 1,827,000 (47%) | — | ₹840 Cr |
| Market Maker | — | 195,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 3,849,000 (100%) | — | ₹17,705 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹138,000 |
| Retail (Max) | 13 | 39,000 | ₹1,794,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,932,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,246,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Payment for Purchase of goods transportation vehicles – 5.98
- Repayment/pre-payment, in full or part, of certain borrowings availed by the Company – 6.80
- General corporate purposes – 4.20
Company Overview
Incorporated in 2003, Jalan Transolutions (India) Limited is engaged in the business of automobile transportation. They provides transportation logistics services in the B2B domain across India in all major sectors of the industry especially for 2 wheelers transportation.
Jalan Transolutions offers services for carry goods from manufacturers to dealers or wholesalers and from wholesalers to retails mainly in automobiles industry (in two
wheelers segment). They own about 400 fleet of trucks with GPS equipped and they also hire third party transportation service for carrying out their logistics operations.
In 2015 in association with "Ashok Leyland Ltd" & "JK Tyres Ltd", they have set up a fully equipped, 29,365 sq. ft. buildup area) workshop known as "Jalan Business Center". This is a Truck Service Station for trucks repair, maintenance and breakdown solutions having latest machines, updated techniques, and team of experts at Dharuhera, Haryana.