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Tranway Technologies Ltd IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Bangalore and caters to Outsourcing sector. Finshore Management Services is the merchant banker of Tranway Technologies Ltd IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th November -0001.
Tranway Technologies Ltd IPO open date is 27th January 2020 and close date is 29th January 2020. IPO Allotment Date is 3rd February 2020 and Listing date is 5th February 2020.
IPO
Size:
₹ 4.24 Cr.
Avg IPO Size (Sector Based)
: ₹
8.36 cr.
Sector: Outsourcing
SME
IPO so far:
10
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Bangalore
SME
IPO so far:
27
Revenue (annualised):
₹
45.84
cr. 
PE
Ratio:
90.00x
Average Sector PE Ratio: 22.50x
Tranway Technologies Ltd IPO size is ₹ 4.24 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Tranway Technologies Ltd IPO. Link Intime India Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Tranway Technologies Ltd IPO.
Tranway Technologies Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Tranway Technologies Ltd IPO, based in Bangalore, operates in the Outsourcing sector with a focus on Business of Software services. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Tranway Technologies Ltd IPO size is ₹ 4.24 Cr. with fresh issue size of ₹ 4.24 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Tranway Technologies Ltd IPO is expected to be 3rd February 2020, after the finalization of basis of allotment. Investors can check Tranway Technologies Ltd IPO allotment status on the registrars website, Link Intime India Private Limited. Tranway Technologies Ltd IPO refund dates are 4th February 2020.
Tranway Technologies Ltd IPO is expected to be listed on 5th February 2020.
The upper price band for the Tranway Technologies Ltd IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Tranway Technologies Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Tranway Technologies Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th January 2020. After submission, funds are blocked until the basis of allotment of Tranway Technologies Ltd IPO is finalised.
The merchant banker for Tranway Technologies Ltd IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tranway Technologies Ltd IPO RHP for further details.
The registrar for Tranway Technologies Ltd IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Tranway Technologies Ltd IPO through their official website or helpline.
Tranway Technologies Ltd IPO was subscribed 1.98 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4.24 Cr.
Avg IPO Size (Sector Based)
:
₹ 8.36 Cr.
Sector: Outsourcing
SME
IPO so far:
10
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Bangalore
SME
IPO so far:
27
Revenue (annualised):
₹ 4.58 cr.
PE
Ratio:
90.00x
Average Sector PE Ratio: 22.50x
Tranway Technologies Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tranway Technologies Ltd Financial Review Page
Merchant Banker(s) of Tranway Technologies Ltd IPO: Finshore Management Services Limited
Tranway Technologies Ltd IPO subscription was 1.98 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tranway Technologies Ltd IPO listed at a listing price of 11.65 against the offer price of 10.00.
The current market price of Tranway Technologies Ltd is 6.00.
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