Fixed Price IPO | ₹17 Cr | Listed at NSE SME | Tue, Jul 25, 2017 - Fri, Jul 28, 2017
Total Transport Systems IPO is a fixed price issue of ₹17.01 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹17.01 crore.
Total Transport Systems IPO bidding started from Jul 25, 2017 and ended on Jul 28, 2017. The shares got listed on NSE SME on Aug 7, 2017.
Total Transport Systems IPO price is ₹45 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,35,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,70,000.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Total Transport Systems IPO RHP for detailed Information.
IPO Open
Tue, Jul 25, 2017
IPO Close
Fri, Jul 28, 2017
Issue Price
₹45 per share
Market Cap (Pre-IPO)
₹64.38 Cr
| IPO Date | 25 to 28 Jul, 2017 |
| Listed on | Mon, Aug 7, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹45 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 37,80,000 shares (agg. up to ₹17 Cr) |
| Reserved for Market Maker | 1,92,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.8640 Cr) |
| Fresh Issue (Ex Market Maker) | 35,88,000 shares (agg. up to ₹16 Cr) |
| Net Offered to Public | 35,88,000 shares (agg. up to ₹16 Cr) |
| Share Holding Pre Issue | 1,05,26,000 shares |
| Share Holding Post Issue | 1,43,06,000 shares |
| NSE Symbol | TOTAL |
| ISIN | INE336X01012 |
Total Transport Systems IPO comprises a total issue size of 37,80,000 shares. The net offer to the public is 35,88,000 shares, after excluding 1,92,000 shares allotted on a firm basis. Of the Net offer 17,94,000 (50.00%) allocated to NII 17,94,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 17,94,000 | 50.00% | 47.46% |
| Retail Shares Offered | 17,94,000 | 50.00% | 47.46% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,92,000 | 5.08% | |
| Total Shares Offered | 37,80,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,35,000 |
| Retail (Max) | 1 | 3,000 | ₹1,35,000 |
| HNI (Min) | 2 | 6,000 | ₹2,70,000 |
Incorporated in 1995, Total Transport Systems Ltd is engaged in the business of providing third party logistic services worldwide. They offers sea freight forwarding, consolidation and deconsolidation of cargo, air freight logistic and warehousing and transportation, as well as custom clearance services.
The services to customers are provided in two ways:
1. Booking – The customer books his cargo through them but transportation, custom clearance etc provided by his designated CHA or custom Broker. We receive the cargo, consolidate it in container and ship it to destination.
2. Complete Logistics Solutions - The customer books his cargo and all services including transportation, custom clearance, consolidation, forwarding etc is done by them till the point of destination.
Company have tie-ups with various shipping lines like Maersk, MSC, NYK, Hapag, Lloyd, Hyundai, CMA – CGM, Cosco etc. They have branches located in various cities in India like C.B.D. Belapur, Pune, Ahmedabad, Vadodara, Kolkata, Chennai, Tuticorin, Bengaluru, Kochi and Gandhidham.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 12.11 |
| 2 | General Corporate Purpose | 3.40 |
| 3 | Issue Expenses | 1.50 |
The Total Transport IPO is subscribed [.] times on July 28, 2017 5:00:00 PM (Day 4). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | [.] | 18,90,000 | 27,20,07,000 |
| Retail | [.] | 18,90,000 | 21,64,62,000 |
| Total | [.] | 37,80,000 | 49,26,51,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. | 0.30 |
| 2 | Regulatory Fees & Other Expenses | 0.15 |
| 3 | Marketing expenses, Selling Commission and other expenses | 1.05 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹54.00 |
| Low | ₹54.00 |
| High | ₹54.00 |
| Last Trade | ₹54.00 |
Lead Manager Reports
Total Transport Systems IPO is a SME IPO of 37,80,000 equity shares of the face value of ₹10 aggregating up to ₹17 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000.
The IPO opens on Tue, Jul 25, 2017, and closes on Fri, Jul 28, 2017.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Total Transport Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Total Transport Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Total Transport Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Total Transport Systems IPO opens on Tue, Jul 25, 2017 and closes on Fri, Jul 28, 2017.
Total Transport Systems IPO lot size is 3000, and the minimum amount required for application is ₹1,35,000.
You can apply in Total Transport Systems IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Total Transport Systems IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Total Transport Systems IPO allotment status.
The Total Transport Systems IPO listing date is on Mon, Aug 7, 2017.
