Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Transline Technologies Ltd. on January 22, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Transline Technologies Ltd. IPO is a Book Build Issue consisting entirely of an offer for sale of upto 1.62 crore shares.
The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Transline Technologies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,61,91,500 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 1,61,91,500 shares of ₹2 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 8,96,75,000 shares |
| Share Holding Post Issue | 8,96,75,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Aug 14, 2025 |
| SEBI/Exchange approval received | Thu, Jan 22, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Incorporated in 2001, Transline Technologies is a specialised technology-solutions provider engaged in integrated security, surveillance, biometric authentication, and AI-driven software platforms. The company generates revenue through system integration contracts, SaaS subscriptions, hardware/software sales, and technical services.
Its proprietary SaaS platforms—StorePulse (AI video analytics), CamStore (video compression & storage optimization), and CheckCam (CCTV health monitoring)—are offered as standalone cloud solutions or as part of turnkey deployments across government agencies, PSUs, smart city authorities, and private enterprises.
Customers Served: 296 in FY 2025, 183 in FY 2024, and 158 in FY 2023.
Order Book: ₹1,986.86 million as of March 31, 2025, comprising confirmed projects at various stages of execution.
Revenue Mix (FY 2025): Video surveillance (36.22%), Biometric solutions (17.71%), IT Infra (26.43%), Services (18.96%), SaaS platforms (0.68%).
Employees: 461 professionals across engineering, operations, support, and administration (as of March 31, 2025).
Transline Technologies Ltd.'s revenue increased by 64% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 397.47 | 219.50 | 86.72 |
| Total Income | 371.91 | 226.34 | 115.49 |
| Profit After Tax | 48.33 | 35.47 | 9.88 |
| EBITDA | 79.37 | 52.27 | 15.73 |
| NET Worth | 178.56 | 83.70 | 30.05 |
| Reserves and Surplus | 160.63 | 67.49 | 22.48 |
| Total Borrowing | 86.08 | 41.43 | 6.90 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | The Company will not receive any proceeds from the Offer for Sale. |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 36.86% |
| ROCE | 53.37% |
| Debt/Equity | 0.48 |
| RoNW | 36.86% |
| PAT Margin | 13.00% |
| EBITDA Margin | 21.39% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.39 | 5.39 |
| Promoter Holding | 70.81% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager’s fees | |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| 3 | Fees payable to the Registrar to the Offer | |
| 4 | Fees payable to the other advisors to the Offer | |
| 5 | Statutory Auditor, for issuing the Restated Financial Statements, for providing the statement of special direct and indirect tax benefits available to our Company and to our Shareholders, and to verify the details and certifications with respect to certain information included in the DRHP | |
| 6 | Industry Report provider for preparing the industry report, commissioned and paid for by our Company | |
| 7 | Others – Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | |
| 8 | Printing and distribution of issue stationery | |
| 9 | Advertising and marketing expenses | |
| 10 | Fee payable to legal counsels | |
| 11 | Insurance in connection with the Offer | |
| 12 | Miscellaneous |
Lead Manager Reports
Transline Technologies IPO is a main-board IPO of 1,61,91,500 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Transline Technologies IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Transline Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Transline Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Transline Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Transline Technologies IPO dates are not announced. Please check back again after some time.
Transline Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Transline Technologies 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 Transline Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Transline Technologies IPO allotment status.
The Transline Technologies IPO listing date is not yet announced. The tentative date of listing is .
