IPO Issue Details
Issue Price / Price Band₹45 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size37,80,000 shares (aggregating up to ₹17.01 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 25 Jul 2017
Subscription CloseFri, 28 Jul 2017
Anchor AllotmentMon, 24 Jul 2017
Basis of AllotmentThu, 03 Aug 2017
Initiation of RefundsFri, 04 Aug 2017
Credit of Shares to DematFri, 04 Aug 2017
Listing DateMon, 07 Aug 2017
UPI Mandate Deadline2017-07-28
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 3,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 6,000 shares
Net Offer to Public35,88,000 shares (aggregating up to ₹16.15 Cr)
Reserved for Market Maker1,92,000 shares (aggregating up to ₹0.8640 Cr)
Pre-IPO Promoter Holding1,05,26,000 shares
Post-IPO Promoter Holding1,43,06,000 shares
About Total Transport Systems Ltd
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.
Objects of the Issue
Total Transport Systems Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
12.11
2
Working Capital Requirements
3.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,05,26,000 shares
Post-IPO Promoter Holding
1,43,06,000 shares