Tranway Technologies Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,010,000 (47%) | — | ₹201 Cr |
| Retail | — | 2,010,000 (47%) | — | ₹201 Cr |
| Market Maker | — | 220,000 (5%) | — | ₹2 Cr |
| Σ Total | — | 4,240,000 (100%) | — | ₹4,240 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 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,400,000 |
| B-HNI (Min) | 67 | 670,000 | ₹6,700,000 |
Financial Statements Amount in Rs Cr
| Metric | 30-Sept-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue | 229 | 518 | 394 |
| Profit After Tax | 6 | 24 | 11 |
| Total Assets | 271 | 214 | 242 |
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
- To Meet working capital requiremet –
- Public issue expenses –
- General corporate purpose –
Company Overview
Incorporated in 2015, Karnataka- based Tranway Technologies Ltd is engaged in the business of Software product development, Software services, Software Testing and Development, Staffing Services, Human Resource Consulting, Contract Staffing, Manpower Supply Services, Recruitment Process Organization (RPO), Training For Employability, and related services.
The company also works as Technical Advisors, Purveyors, and Consultants for processed & applied technology, research & development and technical Know-how.
The core business of Tranway Technologies is offering Staffing solutions and Payroll processing. The company outsources Tranway Payroll to the clients for managing their clients' on-roll employees.
Competitive Strengths
1. End-to-end technology services and solutions
2. Existing long-term client base