Tranway Technologies Ltd SME IPO

Incorporated in 2015, Karnataka- based Tranway Technologies Ltd is engaged in the business of Software product development, Software services, Software Testing and Development, Staffing Services, Human Resource Consulting, Contract Staffing, Manpower Supply Services, Recruitment Process Organization (RPO), Training For Employability, and related services.


The company also works as Technical Advisors, Purveyors, and Consultants for processed & applied technology, research & development and technical Know-how.


The core business of Tranway Technologies is offering Staffing solutions and Payroll processing. The company outsources Tranway Payroll to the clients for managing their clients' on-roll employees.

Key Strengths of the Company are:

  1. End-to-end technology services and solutions
  2. Existing long-term client base

Company Promoters: Mr. Bharat and Mrs. Kalavathy Bylappa.

Issue Details

Tranway Technologies Ltd- SME IPO
 Issue Open  Jan 27, 2020 - Jan 29, 2020
 Issue Size  4,240,000 Eq Shares of Rs 10 (aggregating up to Rs 4.24 Cr)
 Face Value  Rs 10 per Equity Share
 Issue Price  Rs 10 per Equity Share
 Market Lot  10000 Shares
 Listing At  BSE SME

Objectives 

 1. To Meet working capital requirement
 2. Public issue expenses
 3. General corporate purpose

 

Company Financials

Particulars For the year/period ended (in lakh rupees)
31-Mar-19 31-Mar-18 31-Mar-17
Total Assets 2,13.50 2,42.46 1,08.48
Total Revenue 5,17.53 3,93.93 3,11.73
Profit After Tax 24.01 11.37 12.34

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