Business Standard

Total Transport Systems Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

17.01 cr

Price Range (₹)

45

Lot Size

3000

Min Investment (₹)

1,35,000.00

Listing Exchange

NSE - SME

Open Date

25-Jul-2017

Close Date

28-Jul-2017

Listing Date

07-Aug-2017

Total Transport Systems Ltd News

    The Shares of Total Transport Systems Ltd have now been listed.

    Total Transport Systems Ltd IPO Details

    Public issue of 37,80,000 equity shares of face value of Rs. 10/- each fully paid up of Total Transport Systems Limited (TTSPL or the company or the issuer) for cash at a price of Rs. 45/- per equity share (the issue price) (including a share premium of Rs. 35/- per equity share aggregating Rs. 17.01 crores (the issue) by the company, of which 1,92,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 35,88,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.42% and 25.08% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 45/-. The Issue price is 4.5 times the face value.

    Objective of issue

    Working capital requirements. General corporate purpose.

    Total Transport Systems Ltd Contact Details

    Total Transport Systems Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - info@ttspl.in

    Website - www.ttspl.in