IT Consulting Services firm Tranway Technologies is all set to hit the primary market with its Rs 4.2 crore IPO on Monday, January 27.
Established in the year 2014, Tranway Technologies Limited, a sister-concern of Bharat groups, is recognized as a global leader in Information Technology and consulting services. We endeavor to offer quality and innovative service in information technology, software services, software products and staffing solutions.
They are headquartered in Bangalore – the silicon city of India with operations in South Africa and Malaysia. Our organization is driven by industry-experts, who set right guidelines and visions in business operations. The effective strategies designed by them not only empower you, but also leverage growth encouraging customer-engagement.
They understand the business value and strive to transcend beyond the geographical boundaries by offering responsive services. Our technological solutions with result-oriented approach enable you transform the growth of organization and optimize performance by delivering measurable success.
Tranway believes in building leaders by imbibing qualities of dedication and aspiration that empower them to invent and achieve business goals in age of AI adaptation.
Mr. Bharat and Mrs. Kalavathy Bylappa are the promoters of the company.
The IPO will comprise of a fresh issue of 42,40,000 shares with a face value of Rs 10 each. The scrips will be issued at Rs 10 per share. The issue will close on Wednesday, January 29.
The IT firm intends to list on the start-up platform of BSE and will be among the first few start-ups to be listed on that platform.
Finshore Management Services has been appointed as the lead manager for the issue.
| Particulars | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 2,13.50 | 2,42.46 | 1,08.48 |
| Total Revenue (In ₹ Millions) | 5,17.53 | 3,93.93 | 3,11.73 |
| Profit After Tax (PAT) (In ₹ Millions) | 24.01 | 11.37 | 12.34 |
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 27 Jan 2020 | 0.93 | 0.25 | 0.59 | |
| Day 2 - 28 Jan 2020 | 0.93 | 0.75 | 0.84 | |
| Day 3 - 29 Jan 2020 | 1.09 | 2.87 | 1.98 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusTranway Technologies Ltd IPO will open on 27/01 and close on 29/01.
Tranway Technologies Ltd IPO will list on 07/02/2020.
The offer price of Tranway Technologies Ltd IPO is ₹.
The lot size of Tranway Technologies Ltd IPO is .
The Grey Market Premium (GMP) price of Tranway Technologies Ltd IPO is Not Available at the moment.
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