Gajanand International IPO vs Trafiksol ITS Technologies IPO

Comparision between Gajanand International IPO and Trafiksol ITS Technologies IPO.

IPO Details

Gajanand International IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Trafiksol ITS Technologies IPO is a SME Book Built Issue proposed to list at BSE SME.

	Gajanand International IPO	Trafiksol ITS Technologies IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Ekadrisht Capital Private Limited
Registrar	Skyline Financial Services Private Ltd	Maashitla Securities Private Limited
Market Maker	Nikunj Stock Brokers Limited	Ss Corporate Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Gajanand International IPO is up to ₹20.65 Cr whereas the issue size of the Trafiksol ITS Technologies IPO is up to ₹44.87 Cr. The final issue price of Gajanand International IPO is ₹36.00 per share and of Trafiksol ITS Technologies IPO is ₹70.00 per share.

	Gajanand International IPO	Trafiksol ITS Technologies IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹66.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹36.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	57,36,000 shares	64,10,000 shares
Fresh Issue Size (Amount)	up to ₹20.65 Cr	up to ₹44.87 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	57,36,000 shares	64,10,000 shares
Issue Size Total (Amount)	up to ₹20.65 Cr	up to ₹44.87 Cr

IPO Timetable

Gajanand International IPO opens on Sep 09, 2024, while Trafiksol ITS Technologies IPO opens on Sep 10, 2024. The closing date of Gajanand International IPO and Trafiksol ITS Technologies IPO is Sep 11, 2024, and Sep 12, 2024, respectively.

	Gajanand International IPO	Trafiksol ITS Technologies IPO
Anchor Bid Date		Sep 09, 2024
Issue Open	Sep 09, 2024	Sep 10, 2024
Issue Close	Sep 11, 2024	Sep 12, 2024
Basis Of Allotment (Tentative)	Sep 12, 2024	Sep 13, 2024
Initiation of Refunds (Tentative)	Sep 13, 2024	Sep 16, 2024
Credit of Share (Tentative)	Sep 13, 2024	Sep 16, 2024
Listing date (Tentative)	Sep 16, 2024	Sep 17, 2024
Anchor Lockin End date 1		Oct 13, 2024
Anchor Lockin End date 2		Dec 12, 2024

Financials

Gajanand International IPO P/E ratio is 21.08, as compared to Trafiksol ITS Technologies IPO P/E ratio of 10.38.

Gajanand International IPO

Trafiksol ITS Technologies IPO

Financial

Gajanand International Limited Financial Information (Restated)

Gajanand International Limited's revenue increased by 48% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,931.1	1,900.58	1,944.36
Revenue	10,874.81	7,342.4	6,176.21
Profit After Tax	223.73	141.06	2.85
Net Worth	1,771.36	547.62	406.57
Reserves and Surplus	461.4	505.75	364.7
Total Borrowing	1,207.07	1,179.48	1,465.28
Amount in ₹ Lakhs

Trafiksol ITS Technologies Limited Financial Information (Restated Consolidated)

Trafiksol ITS Technologies Limited's revenue increased by 80% and profit after tax (PAT) rose by 153% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,215.52	3,363.17	2,284.01
Revenue	6,608.5	3,675	2,801.92
Profit After Tax	1,209.3	477.85	205.19
Net Worth	3,412.62	1,208.79	730.94
Reserves and Surplus	1,620.12	1,198.79	720.94
Total Borrowing	1,050.24	798.7	506.42
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.50%

60.71%

Promoter Shareholding (Post-Issue)

44.72%

P/E Ratio

21.08

10.38

Market Cap

₹67.81 Cr.

₹170.34 Cr.

ROE

19.30%%

52.12%%

ROCE

29.72%%

42.47%%

Debt/Equity

0.68

0.31

EPS

₹1.71

₹6.75

RoNW

19.30%%

35.44%%

Shares Offered

In the Gajanand International IPO retail investors (RII) are offered 27,24,000 shares while in Trafiksol ITS Technologies IPO retail investors are offered 27,24,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Gajanand International IPO and 12,18,000 shares in Trafiksol ITS Technologies IPO.

	Gajanand International IPO	Trafiksol ITS Technologies IPO
Anchor Investor Reserveration		18,22,000 shares
Market Maker Reserveration	2,88,000 shares	3,22,000 shares
QIB	0 shares	12,18,000 shares
NII	27,24,000 shares	9,14,000 shares
RII	27,24,000 shares	21,34,000 shares
Employee	0 shares	0 shares
Others
Total	54,48,000 shares	42,66,000 shares

Bids Received (Subscription)

Gajanand International IPO subscribed 15.27x in total, whereas Trafiksol ITS Technologies IPO subscribed 73.49x.

	Gajanand International IPO	Trafiksol ITS Technologies IPO
QIB (times)		0.00x
NII (times)	5.79x	71.49x
Big NII (times)
Small NII (times)
RII (times)	24.18x	116.29x
Employee (times)
Other (times)
Total (times)	15.27x	73.49x

Compare with others

Gajanand International IPO	Trafiksol ITS Technologies IPO
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Trafiksol ITS Technologies IPO	Envirotech Systems IPO
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