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Trafiksol ITS Technologies Limited IPO GMP Today, Price Range and Company Details

Trafiksol ITS Technologies Limited IPO offers shares at ₹66 to ₹70, with a ₹80 Grey Market Premium. Available in 2000 share lots, the subscription runs from September 10 to September 12, 2024.
Trafiksol ITS Technologies Limited IPO GMP Today, Price Range and Company Details

Trafiksol ITS Technologies Limited IPO has a ₹80 Grey Market Premium as of September 9, 2024, with a price range from ₹66 to ₹70 per share. Offering lots of 2000 shares, the subscription window is open from September 10 to September 12, 2024.

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Trafiksol ITS Technologies Limited IPO GMP Today

The Grey Market Premium (GMP) for Trafiksol ITS Technologies Limited is ₹80 as of September 9, 2024. This assessment coincides with a price of ₹66 to ₹70 per share for the IPO.

Trafiksol ITS Technologies Limited IPO Review

Trafiksol ITS Technologies Limited’s financial performance shows steady growth, with revenue increasing from ₹2,791.21 lakhs in March 2022 to ₹6,581.12 lakhs by March 2024. Profitability has significantly improved, as PAT rose from ₹205.19 lakhs to ₹1,209.30 lakhs, alongside a higher EPS and stronger RoNW.

Despite these positive trends, the company faces potential challenges, such as slower inventory turnover and liquidity concerns, as indicated by a higher current ratio. While total assets and equity have consistently increased, reduced debt reliance is reflected in a lower debt-equity ratio, showing a more stable financial position.

To get a full IPO review, click here Trafiksol ITS Technologies IPO

Trafiksol ITS Technologies Limited IPO Date

Trafiksol ITS Technologies Limited will start accepting subscriptions from September 10, 2024, to September 12, 2024.

Trafiksol ITS Technologies Limited IPO Price

Trafiksol ITS Technologies Limited’s price range is from ₹66 to ₹70 per share with a face value of ₹10 each.

Trafiksol ITS Technologies Limited

TrafikSol ITS Technologies Limited focuses on designing and integrating Intelligent Transportation Systems (ITS) for India’s roads and tunnels. The company provides scalable solutions for traffic, toll, and tunnel management, enhancing transportation efficiency and safety. 

TrafikSol also specialises in turnkey EPC projects, including toll management systems and advanced defence solutions, optimising infrastructure and operational performance across highways.

How To Apply For Trafiksol ITS Technologies Limited IPO?

To apply for the Trafiksol ITS Technologies Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Trafiksol ITS Technologies Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Trafiksol ITS Technologies Limited IPO at Alice Blue in just a few clicks!

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