
Tranway Technologies Limited
IPO Details
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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.
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.
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."
- Complete technology services and solutions from start to finish
- Loyal clients with long-term partnerships
NA
- Mr. Bharat
- Mrs. Kalavathy Bylappa
Tranway Technologies Limited
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