Issue Price
₹10
Per Share
GMP
NIL
Grey Market
Est. Listing
₹10
Expected Price
Min. Application
₹200,000
2 lots × 10000 shares
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
Tranway Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 220,000 | — | ₹0.22 Cr | — |
| TOTAL | 4,240,000 | 100.00% | ₹4.24 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| sNII (Min) | 14 | 140,000 | ₹1,400,000 |
| bNII (Min) | 68 | 680,000 | ₹6,800,000 |
| 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 |
| Total Borrowings | N/A | N/A | N/A |