
Information Technology / IT Services · BSE
Tranway Technologies Ltd, incorporated in 2015 and based in Karnataka, is engaged in software development and IT services, offering solutions such as software product development, testing, staffing services, human resource consulting, contract staffing, manpower supply, recruitment process outsourcing, and employability training. The company also provides technical advisory and consultancy services in applied technology, research and development, and technical expertise. Its core focus lies in staffing solutions and payroll processing, helping clients manage on-roll employees by outsourcing payroll operations through the Tranway Payroll platform.
Price Band
₹10
Issue Size
₹4.24 Cr
Lot Size
10000 shares
GMP
Est. Listing
₹10
at current GMP
Subscribed
—
Open
27 Jan 2020
Close
29 Jan 2020
Allotment
4 Feb 2020
Refund
5 Feb 2020
Demat Credit
6 Feb 2020
Listing
5 Feb 2020
Designated Registrar: Link Intime India Private Limited
Allotment Date
4 Feb 2020
Basis finalization
Refunds Initiate
5 Feb 2020
Mandate release
Demat Credit
6 Feb 2020
Shares in demat
Listing Debut
5 Feb 2020
Trading begins
Tranway Technologies Limited is bringing an initial public offering (IPO) in the Information Technology / IT Services sector with an aggregate issue size of ₹4.24 Crores. The shares are offered at a price band of ₹10 to ₹10 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2020-01-29, the basis of allotment is scheduled to be finalized on 2020-02-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.