Total Transport Systems Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,794,000 (47%) | — | ₹807 Cr |
| Retail | — | 1,794,000 (47%) | — | ₹807 Cr |
| Market Maker | — | 192,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 3,780,000 (100%) | — | ₹17,010 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 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,890,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,045,000 |
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
- Working Capital Requirements – 12.11
- Working Capital Requirements – 3.40
- Issue Expenses – 1.50
Company Overview
Incorporated in 1995, Total Transport Systems Ltd is engaged in the business of providing third party logistic services worldwide. They offers sea freight forwarding, consolidation and deconsolidation of cargo, air freight logistic and warehousing and transportation, as well as custom clearance services.
The services to customers are provided in two ways:
1. Booking – The customer books his cargo through them but transportation, custom clearance etc provided by his designated CHA or custom Broker. We receive the cargo, consolidate it in container and ship it to destination.
2. Complete Logistics Solutions - The customer books his cargo and all services including transportation, custom clearance, consolidation, forwarding etc is done by them till the point of destination.
Company have tie-ups with various shipping lines like Maersk, MSC, NYK, Hapag, Lloyd, Hyundai, CMA – CGM, Cosco etc. They have branches located in various cities in India like C.B.D. Belapur, Pune, Ahmedabad, Vadodara, Kolkata, Chennai, Tuticorin, Bengaluru, Kochi and Gandhidham.