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Tranway Technologies Limited Logo

Tranway Technologies Limited

Jan 27, 2020 – Jan 29, 2020
Listed Price:
₹11.10
(+11.00%)
Price Band₹10 - ₹10
Lot Size10,000 Shares
Allotment DateFeb 04, 2020
Listing DateFeb 05, 2020
Subscription-
Issue Size₹4.24 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

Having completed its public offering, Tranway Technologies Limited's is now listed and trading on the BSE exchange as of Feb 05, 2020. The IPO raised cumulative capital of 42,40,000 Shares, including 42,40,000 Shares in primary capital infusion.

The IPO was conducted with a price range of ₹10 to ₹10 and minimum investment requirement of 10000 shares. subscription activity between Jan 27, 2020 and Jan 29, 2020 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on Feb 04, 2020 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Tranway Technologies IPO Details
IPO Date
:
Jan 27, 2020 to Jan 29, 2020
Allotment Date
:
Feb 04, 2020
List Date
:
Feb 05, 2020
Lot Size
:
10,000 share
Issue Price
:
₹10 - ₹10
Issue Size
:
42,40,000 (aggregating up to 4.24 Cr)
Fresh Issue
:
42,40,000 (aggregating up to 4.24 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
63,58,800
Share Holding Post-Issue
:
1,05,98,800
Market Marker Portion
:
2,20,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares42,40,000
Market Maker
5.19%(2,20,000)
HNI
47.41%(20,10,000)
RETAIL
47.41%(20,10,000)
Total
100.00%(42,40,000)
Tranway Technologies IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (in Lakhs)
Tranway Technologies IPO About Company

Tranway Technologies Ltd, incorporated in 2015 and based in Karnataka, is engaged in software development and IT services, offering solutions such as software product development, testing, staffing services, human resource consulting, contract staffing, manpower supply, recruitment process outsourcing, and employability training. The company also provides technical advisory and consultancy services in applied technology, research and development, and technical expertise. Its core focus lies in staffing solutions and payroll processing, helping clients manage on-roll employees by outsourcing payroll operations through the Tranway Payroll platform.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Tranway Technologies IPO Strength Factors
  1. Complete technology services and solutions from start to finish
  2. Loyal clients with long-term partnerships
⚠️Tranway Technologies IPO Risk Factors

NA

🏦Tranway Technologies IPO Lead Manager(s)
Finshore Management Services Limited
👤Tranway Technologies IPO Promoter(s)
  1. Mr. Bharat
  2. Mrs. Kalavathy Bylappa
🏢Tranway Technologies IPO Company Details

Tranway Technologies Limited

Phone:080-46730800
address:No. 1914, 5th Cross, 18th 'A' Main, J P Nagar, 2nd Phase, Bangalore, Karnataka - 560078, India
📋Tranway Technologies IPO Registrar

Link Intime India Private Limited

Name:Link Intime India Private Limited
Phone:+91-22-4918 6270
❓Tranway Technologies IPO FAQs
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