Jalan Transolutions IPO

 

Jalan Transolutions IPO

Jalan Transolutions IPO

 

Jalan Transolutions India Limited (JTIL) started more than 14 years back as a transportation company. JTIL has built a reliable reputation within India’s domestic transportation market especially for 2 wheelers transportation. Its goods transportation business is carried under the banner of Jalan Transolutions. With a fleet of about 400 trucks, it can accommodate all of client’s transport requirements. The company also hires third party transportation services for carrying out our logistics operations. The company’s nationwide branch/associate network provides safe and secured services for carry goods from manufacturers to dealers or wholesalers and from wholesalers to retails.

The company’s goods transportation services serve a broad range of industries, with customers majorly belonging to automobiles industry (in two wheelers segment). It is IBA (India Bank Association) approved and ISO 9001:2008 Certified Transport Company, specialized in providing optimum transport solutions to top Automobiles Companies. Jalan Transolutions is among leading automobile transport companies (in two wheelers segment only) in North India having PAN India presence with branches located in some major cities of country.

Promoters of Jalan Transolutions – Manish Jalan and Rajesh Jalan

Jalan Transolutions IPO details

Subscription Dates 18 – 23 May 2017
IPO Price band INR46 per share
Fresh issue 3,849,000 shares (INR17.70 crore)
Offer for sale Nil
Total IPO size 3,849,000 shares (INR17.70 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge platform

 

Jalan Transolutions’ financial performance (in INR crore)

 FY2012 FY2013 FY2014 FY2015 FY2016 10M FY2017
Total revenue 37.62 46.96 74.16 93.42 115.69 106.27
Total expenses 28.64 36.06 58.21 77.08 95.35 87.20
Profit after tax 0.94 1.18 0.70 0.68 2.92 3.36
Day

Subscription (no. of times)

Day 1  0.40
Day 2 0.84
Day 3 1.37
Day 4 2.62

Jalan Transolutions India Limited
311, Devika Towers, Chander Nagar,
Ghaziabad, Uttar Pradesh-201 011

Phone: +91 120 4597 700
Email: [email protected]
Website: www.jalantransolutions.com

Earnings Per Share (EPS): INR2.75

Price/Earnings (P/E) ratio: 16.73

Return on Net Worth (RONW): 21.63%

Net Asset Value (NAV): INR12.69 per share

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
+91 40 2343 1551 
Email:
 [email protected]
Website: www.karvycomputershare.com

Jalan Transolutions IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status. You can also check allotment status using application number on this link.

IPO Opening Date: 18 May 2017

IPO Closing Date: 23 May 2017

Listing Date: 31 May 2017

Listing Price on NSE SME: INR42.25 per share (down 8.1% from IPO price)

Closing Price on NSE SME: INR41.50 per share (down 9.8% from IPO price)

5 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here