About the Company:
Staffing Solutions.
Company’s recruiting team comprises experienced recruitment professionals with extensive domain-expertise adopt innovative-approach in the hiring process to ensure zero gaps between client’s need and our offerings.
Tranway Staffing Services offers both permanent recruitment and contract staffing solutions to clients across the country.
Payroll Processing.
Tranway Payroll process outsourcing is designed to manage the payroll of a client’s on-roll employees.
Company’s payroll processing services are configured to meet comprehensive requirements including Salary calculation, Payslip generation, Statutory reports under various laws, Leave management, MIS and Year-End activities.
Management Team:
- Mr. Bharat Bylappa (Designation: Managing Director)
- Mrs. Kalavathy Bylappa (Designation: Executive Director)
Objectives of the Issue:
Company proposes to utilize the funds which are being raised through this Issue towards the below mentioned objects and gain benefits of listing on Startup Platform of BSE Limited (“BSE STARTUPS”).
- To meet the working capital requirements of the company for business operations and expansion in India and Abroad
- To meet the Issue Expenses
- General Corporate Purposes
Financials of the Company:
| (in Crores) | FY 17 | FY 18 | FY 19 | 30th Sept 19 |
|---|---|---|---|---|
| Revenue | 3.11 | 3.93 | 5.17 | 2.29 |
| Net Profit | 0.12 | 0.11 | 0.24 | 0.06 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 27th January 2020 |
| Issue Closes on:. | 29th January 2020 |
| Issue Price | Rs.10 |
| Face Value | Rs.10 |
| Minimum Lot | 10,000 |
| Minimum Investment | Rs.1,00,000 |
| Issue Constitutes | 40% |
| Issue Size | Rs.4.24 cr |
| Market Cap | Rs.10.59 cr |
| Listing at | BSE STARTUPS |
| Equity Shares Offered | 42,40,000 |
| Equity Shares Prior to the Issue | 63,58,800 |
| Equity Shares after the Issue | 1,05,98,800 |
| Check IPO Allotment Status: |
|---|
Link InTime Website (Click on the below Link)https://linkintime.co.in/PublicIssue/ |
| Company Contact Info: |
|---|
| Tranway Technologies Limited GF-01, Pallavi Enclave, 26th Main Road, 17th Cross J P Nagar, 6th Phase, Bangalore, Karnataka – 560078, India Ph.: 080-46730800. Email: bharat@tranwayinc.com Website: www.tranwayinc.com |
| IPO Registrar Info: |
|---|
| LINK INTIME INDIA PRIVATE LIMITED C-101, 1st Floor, 247 Park, L. B. S. Marg, Vikhroli (West), Mumbai – 400 083, Maharashtra, India Tel No: +91 22 4918 6200; Email: tranway.ipo@linktime.co.in Website: www.linkintime.co.in |
| Lead Manager to the Issue: |
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| FINSHORE MANAGEMENT SERVICES LIMITED Anandlok”, Block-A, 2nd Floor, Room No. 207, 227 A.J.C Bose Road, Kolkata-700020, West Bengal Telephone: +91 – 33 – 22895101 Email: ramakrishna@finshoregroup.com Website: www.finshoregroup.com |
