Tranway Technologies Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Jan 2020

Close Date

29 Jan 2020

Allotment

03 Feb 2020

Listing Date

05 Feb 2020

Exchange

BSE SME

Price Band

₹10

Listing Price

See chart

Allotment Status

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Price Band

₹10

Per share

Face Value

₹10 per share

Lot Size

10,000 Shares

per lot

Issue Size

42,40,000 shares (aggregating up to ₹4.24 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹100,000

1 lot

Pre-IPO Holding

63,58,800 shares

Promoters

Post-IPO Holding

1,05,98,800 shares

Promoters

P/E (Pre)

90x

UPI Deadline

2020-01-29

Mandate

Anchor AllotmentSun, 26 Jan 2020

Basis of AllotmentMon, 03 Feb 2020

Refund InitiationTue, 04 Feb 2020

Demat CreditWed, 05 Feb 2020

Listing DayWed, 05 Feb 2020

UPI Mandate Deadline2020-01-29

Sale TypeFresh Capital

Net Offer to Public40,20,000 shares (aggregating up to ₹4.02 Cr)

Market Maker Quota2,20,000 shares (aggregating up to ₹0.2200 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Tranway Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Jan 2020.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	220,000	—	₹0.22
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,240,000	100%	₹4.24

IPO Shares Offered

Tranway Technologies Ltd. IPO total issue size: ₹4.24 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	220,000	₹0.22	5.19%
Total	4,240,000	₹4.24	100.00%

* Based on upper price band ₹10 per share

Lot Size & Investment

Lot Size

10,000

Shares per Lot

Issue Price

₹10.00

Upper Band

Min Investment

₹100,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	20,000	₹200,000
Retail (Max — 2 Lots)	2	20,000	₹200,000
S-HNI (Min — 14 Lots)	14	140,000	₹1,400,000
B-HNI (Min — 68 Lots)	68	680,000	₹6,800,000

* Issue Price ₹10 × Lot Size 10,000 shares

IPO Schedule

Anchor

26 Jan 2020

✓ Done

IPO Open

27 Jan 2020

✓ Done

IPO Close

29 Jan 2020

✓ Done

Allotment

03 Feb 2020

✓ Done

Refunds

04 Feb 2020

✓ Done

Demat Credit

05 Feb 2020

✓ Done

Listing Day

05 Feb 2020

✓ Done

₹10.00

INR · BSE

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Issue ₹10.00 Live Price

About Tranway Technologies Ltd.

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

Objects of the Issue

To Meet working capital requiremet

Public issue expenses

General corporate purpose

Tranway Technologies Ltd. Financials (Amount in Rs Cr)

Revenue from Operations

₹393.9

31-Mar-18

₹517.5

31-Mar-19

₹229.2

30-Sept-19

Profit After Tax (PAT)

₹11.4

31-Mar-18

₹24.0

31-Mar-19

₹6.3

30-Sept-19

Particulars	30-Sept-19	31-Mar-19	31-Mar-18
Revenue from Operations	229.22	517.53	393.93
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	6.34	24.01	11.37
Net Worth	N/A	N/A	N/A
Total Assets	271.09	213.50	242.46
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered42,40,000 (100.00%)

Net Offer to Public40,20,000 shares (aggregating up to ₹4.02 Cr)

Reserved for Market Maker2,20,000 shares (aggregating up to ₹0.2200 Cr)

Pre-Issue Promoter Holding63,58,800 shares

Post-Issue Promoter Holding1,05,98,800 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

tranway.ipo@linktime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

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Book Running Lead Managers

Finshore Management Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Tranway Technologies Ltd. IPO subscribed? ▲

Tranway Technologies Ltd. IPO is subscribed 1.00 times by Jan 29, 2020. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Tranway Technologies Ltd. IPO retail subscription status? ▼

The Tranway Technologies Ltd. IPO retail category is subscribed 1.00 times as of 29 Jan 2020. The retail portion is oversubscribed.

How to subscribe Tranway Technologies Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Jan 2020 and closes 29 Jan 2020. Min investment: ₹100,000 (1 lot = 10,000 shares). UPI mandate: 2020-01-29.

How many times Tranway Technologies Ltd. IPO subscribed? ▼

The Tranway Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Tranway Technologies Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Feb 2020. Refunds: on 04 Feb 2020.

When Tranway Technologies Ltd. IPO will be listed? ▼

The Tranway Technologies Ltd. IPO listing date is 05 Feb 2020, Wednesday. Listed on: BSE SME. Issue price: ₹10. Estimated listing: ₹10. GMP: NIL.

When Tranway Technologies Ltd. IPO close? ▼

The Tranway Technologies Ltd. IPO closes on 29 Jan 2020, Wednesday. UPI mandate: 2020-01-29. Allotment: 03 Feb 2020. Listing: 05 Feb 2020.

Quick Actions

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Live Price LIVE

Last Price₹10.00

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Issue Price₹10.00

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Quick Summary

StatusListed

Issue Price₹10

Face Value₹10

Lot Size10,000 Sh

Min. Amount₹100,000

GMPNIL

Est. Listing₹10

Subscribed1.00x

Open Date27 Jan 2020

Close Date29 Jan 2020

Allotment03 Feb 2020

Listing Date05 Feb 2020

ExchangeBSE SME

UPI Deadline2020-01-29