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:
- End-to-end technology services and solutions
- 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 |
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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