Trafiksol ITS Technologies Limited is launching an IPO with a fresh issue of 64,10,000 shares worth INR 44.87 crores. The company aims to purchase software, repay borrowings, and meet working capital needs for general purposes.
TrafikSol ITS Technologies Limited specializes in designing, managing, and integrating Intelligent Transportation Systems (ITS) for roads and tunnels. It provides secure, resilient, and scalable solutions tailored to India’s road infrastructure, tunnel management, and urban environments.
The company specializes in EPC projects for Advanced Traffic, Toll, and Tunnel Management Systems, offering turnkey infrastructure solutions to enhance transportation efficiency, safety, and revenue collection across significant highway corridors in India.
Specializing in toll management systems, the company designs and implements toll plazas, ETC gantries, and back-office systems. It also offers advanced defence solutions, enhancing operational efficiency and mission success.
Trafiksol ITS Technologies IPO – Important Dates
Trafiksol ITS Technologies Limited IPO Date | September 10, 2024 to September 12, 2024 |
Trafiksol ITS Technologies Limited IPO Listing Date | September 17, 2024 |
Trafiksol ITS Technologies Limited IPO Price | INR 66-70 per share |
Trafiksol ITS Technologies Limited IPO Lot Size | 2000 Shares |
Trafiksol ITS Technologies Limited IPO Total Issue Size | INR 44.87 crores |
Trafiksol ITS Technologies Limited IPO Basis of Allotment | September 13, 2024 |
Trafiksol ITS Technologies Limited IPO Initiation of Refunds | September 13, 2024 |
Trafiksol ITS Technologies Limited IPO Credit of Shares to Demat | September 13, 2024 |
Trafiksol ITS Technologies Limited IPO Issue Type | Book Built Issue IPO |
Trafiksol ITS Technologies Limited IPO Listing At | BSE SME |
Trafiksol ITS Technologies Ltd IPO Fundamental Analysis
Trafiksol ITS Technologies Limited’s financial analysis reveals a mixed performance. Revenue has steadily increased, with improved profitability, higher EPS, stronger RoNW, increased assets, reduced debt reliance, slower inventory turnover, and potential liquidity challenges.
- Revenue Trend: The revenue increased from ₹2,791.21 lakhs in March 2022 to ₹3,629.59 lakhs in March 2023. The revenue for the current year’s 12-month period ending March 2024 is INR 6,581.12 lakhs.
- Profitability: The profit after tax (PAT) has significantly increased from ₹205.19 lakhs in March 2022 to ₹1,209.30 lakhs by March 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹1.15 in March 2022 to ₹6.77 by March 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from 28.07% to 35.44%, indicating an increase in the company’s ability to generate returns on shareholder equity.
Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 March 2024 |
Revenue (₹ in lakhs) | 2,791.21 | 3,629.59 | 6,581.12 |
Equity (₹ in lakhs) | 730.94 | 1,208.79 | 3,412.62 |
Expenses (₹ in lakhs) | 2,589.42 | 3,197.93 | 4,908.65 |
Profit and Loss After Tax (₹ in lakhs) | 205.19 | 477.85 | 1,209.30 |
Diluted EPS only (₹) | 1.15 | 2.68 | 6.77 |
Return on Net Worth (%) | 28.07 | 39.53 | 35.44 |
NAV per Equity Share (₹) | 4.10 | 6.77 | 19.11 |
Total Assets (in lakhs) | 2,284.01 | 3,363.17 | 6,215.52 |
Total Liabilities (in lakhs) | 1,533.07 | 2,154.38 | 2,802.9 |
Debt Equity Ratio | 0.69 | 0.66 | 0.31 |
Current Ratio (in times) | 0.69 | 1.91 | 3.00 |
Inventory Turnover Ratio | 36.70 | 29.29 | 10.64 |