✓
Open
27 Jan 2020
✓
Close
29 Jan 2020
3
Allotment
—
✓
Listing
Wed, Feb 5, 2020
Price Band
₹10 per share
Issue Size
42,40,000 shares (agg. up to ₹4 Cr)
Lot Size
10,000 Shares
Listing Date
Wed, Feb 5, 2020
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.89x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 2.71 | 2.14 | 2.42 | 1.08 |
| Total Income | 2.29 | 5.18 | 3.94 | 3.12 |
| Profit After Tax | 0.06 | 0.24 | 0.11 | 0.12 |
| NET Worth | 0.62 | 0.55 | 0.31 | 0.20 |
| Reserves and Surplus | 0.60 | 0.53 | 0.29 | 0.18 |
| Total Borrowing | 1.72 | 1.33 | 1.55 | 0.57 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Alphalogic Techsys Ltd. | SME | ₹6.18 Cr | ₹84 | null | ₹84.35 | +0.42% | ₹44.92 (-0.16%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the working capital requirements of the company for business operations and expansion in India and Abroad. | 3.64 |
| 2 | General Corporate Purposes. | 0.25 |
About Tranway Technologies IPO
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 Strengths1. End-to-end technology services and solutions2. Existing long-term client base+ Read More
Contact Details
Tranway Technologies Ltd. AddressNo.1914, 5th Cross, 18th 'A' MainJ P Nagar2nd PhaseBengaluru, Karnataka, 560078080-46730800cs@tranwayinc.comVisit Website