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Jalan Transolutions (India) Ltd IPO (Jalan Transolutions IPO) Detail

May 18, 2017 - May 23, 2017

Incorporated in 2003, Jalan Transolutions (India) Limited is engaged in the business of automobile transportation. They provides transportation logistics services in the B2B domain across India in all major sectors of the industry especially for 2 wheelers transportation.

Jalan Transolutions offers services for carry goods from manufacturers to dealers or wholesalers and from wholesalers to retails mainly in automobiles industry (in two
wheelers segment). They own about 400 fleet of trucks with GPS equipped and they also hire third party transportation service for carrying out their logistics operations.

In 2015 in association with "Ashok Leyland Ltd" & "JK Tyres Ltd", they have set up a fully equipped, 29,365 sq. ft. buildup area) workshop known as "Jalan Business Center". This is a Truck Service Station for trucks repair, maintenance and breakdown solutions having latest machines, updated techniques, and team of experts at Dharuhera, Haryana.

Company Promoters:

The promoters of the company are:

1. Mr. Manish Jalan and
2. Mr. Rajesh Jalan

Objects of the Issue:

The object of the issue are:

1. Purchase of goods transportation vehicles;
2. Repayment/ pre-payment in full or part of certain borrowings availed by the Company;
3. General corporate purposes.

Issue Detail:

  »»  Issue Open: May 18, 2017 - May 23, 2017
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 3,849,000 Equity Shares of Rs 10 aggregating up to Rs 17.71 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 46 Per Equity Share
  »»  Market Lot: 3000 Shares
  »»  Minimum Order Quantity: 3000 Shares
  »»  Listing At: NSE SME

Jalan Transolutions IPO Reviews:

  1. Jalan Transolutions (India) Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved
Day 1 - May 18, 2017 17:00 IST012210003360001557000
Day 2 - May 19, 2017 17:00 IST0207000011820003252000
Day 3 - May 22, 2017 17:00 IST0270300025530005256000
Day 4 - May 23, 2017 17:00 IST04986000512700010113000

Jalan Transolutions IPO Prospectus

Jalan Transolutions IPO Rating

151
4.0
Rating:Rated 4.0 stars

Vote Here ...

Jalan Transolutions IPO Listing Date

  •   ›  Listing Date: Wednesday, May 31, 2017
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: JALAN
  •   ›  Listing In:
  •   ›  ISIN: INE349X01015
  •   ›  Issue Price: Rs 46 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
NSE SME
Issue Price:Rs 46.00
Open:Rs 42.25
Low:Rs 40.55
High:Rs 43.00
Last Trade:Rs 41.95
Volume:339,000

Jalan Transolutions IPO News Alerts

  1. Tuesday, May 23, 2017 12:00:00 AM
    Jalan Transolutions (India) Ltd IPO - Close
  2. Thursday, May 18, 2017 12:00:00 AM
    Jalan Transolutions (India) Ltd IPO - Open

Company Contact Information

Jalan Transolutions (India) Ltd
206 Ajnara Bhawan,
D-Block Market,
Vivek Vihar, Delhi – 110095
Phone: +91 11 47675707
Fax: + 91-120-4597799
Email: info@jalantransolutions.com
Website: http://www.jalantransolutions.com

Jalan Transolutions IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: jtl.ipo@karvy.com
Website: http://karisma.karvy.com

Jalan Transolutions IPO Lead Manager(s)

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Jalan Transolutions IPO Review / Comments

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52. tusharJShah  Jun 29, 2017 12:39:19 PM IST I Like It. | Report Abuse
Now just you can see the upside for applying the lot.... CDSL money had release and transfer into AU FINANSE......
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51. IPOANALYSIS  Jun 9, 2017 12:45:34 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Forum Modulator

all the same person with ID VJain, AKA are posting some irrelevant message and abusive language. VJAIN have lost heavily by investing in bad SME and even Jalan he is making huge losses so dont like messages.
Can you please remove their account id quickly
If this is not done plz remove my ID IPOANALYSUIS quickly . If VJAIN urf AKA would stay in this forum , please delete my account.
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51.2. Forum Modulator  Jun 9, 2017 1:00:51 AM IST I Like It. 1 | Report Abuse
Hi IPOANALYSIS,

Sorry we missed those message. The messages are now been removed and user is blocked.

Thank you for your message.

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avatar
51.3. IPOANALYSIS  Jun 9, 2017 1:06:01 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Thank U
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50. JIGNESH  Jun 6, 2017 8:05:57 PM IST I Like It. 2 | Report Abuse
Good stock.buy every dip.target 50++ short term.long term 75+.gst benifit.
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49. viki  Jun 3, 2017 2:31:41 PM IST I Like It. | Report Abuse
We will wait till the results are announced before making any investment. But looking at the prospectus the company was looking promising. May be some short time financer/investor are trapped.
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49.1. JIGNESH  Jun 4, 2017 7:06:28 PM IST I Like It. | Report Abuse
I have agree with u mr.vicky.result looks good.stay long term
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48. IPOANALYSIS  Jun 2, 2017 6:57:35 PM IST I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
stock headed towards fair value of 28-30 Rs.
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47. Nipun Goel  Jun 2, 2017 4:01:21 PM IST I Like It. | Report Abuse
Post Jalan listing, it is continuously falling. Respected members, does anyone has news that it will touch its issue price in near term?
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47.1. NISHANT GULANI  Jun 2, 2017 4:49:38 PM IST I Like It. | Report Abuse
i think touch 35 33
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47.2. IPOANALYSIS  Jun 2, 2017 5:00:21 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
It should fall very negative financial .stay away.
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46. Eshan Doshi  May 31, 2017 1:48:58 PM IST I Like It. | Report Abuse
The Issue price of Rs. 46 was anyways too expensive to begin with, and rightly so, the stock has opened at a discount. It’s a classic case of wrong valuation, the company had overvalued itself not correctly estimating what it’s fair value was. When coming out with an IPO, the company must realize that the market discount’s everything so it’s necessary to give the investors a fair value which can be accepted by the market.
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46.2. Nidhike  May 31, 2017 8:05:02 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 400+ Likes)
Had highlighted some concerns abt company;

Don''t look at pe only ....look at ev/ebidta n close look at b/s

18.5. Nidhike May 20, 2017 5:22:13 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
First time seen a company having negative cash in hand ....cash in hand -93 lacs .....Amazing!!!!!!
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18.6. Nidhike May 20, 2017 5:25:31 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Again first time seen ....A qualified CA being CFO of this company is paid salary of 10000 pm ....yes yes u heard it right 1.2 Lacs p.a. is the salary of a qualified CA CFO
Bhai itme me to data operator bhi nai milta :)
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46.3. IPOANALYSIS  Jun 1, 2017 3:29:53 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
stock is headed towards 35 rs and not sure why not agreeing that it has been expensive.
have you checked the sellers and what caused people to sell it .
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45. JIGNESH  May 31, 2017 6:18:03 PM IST I Like It. | Report Abuse
I think jalan will go to 50-55 near short term.
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44. Radha Singh  May 31, 2017 2:23:35 PM IST I Like It. | Report Abuse
I agree with Mr. Eshan Doshi, personally i feel that i won''t buy this stock at such high price, because it seems too expensive. I might have invested in this stock if it was priced around Rs. 25.
avatar
43. IPOANALYSIS  May 31, 2017 9:24:41 AM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
The 3 stocks on my radar are airan Ltd, jet freight and hitech pipes.it can be future mid cap companies.go for it
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43.1. coolaks  May 31, 2017 11:01:58 AM IST I Like It. | Report Abuse
The stock has opened in discount. Dont buy.

IPO analysis what your view on Airan ltd and jet freight. There is no volume on jet freight and hardy any buyers or sellers.

avatar
43.2. IPOANALYSIS  May 31, 2017 12:50:10 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Both are excellent. Also hitech pipes. Invest for long term gain. Don''t worry Abt low volume. When the buying starts it will be good. Results have been excellent for all 3 companies.
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42. IPOANALYSIS  May 27, 2017 12:27:00 PM IST I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
I DIDN''T APPLY ON THIS ONE DUE TO FOLLOWING REASON

1) A VERY BIG ISSUE AND NOT THAT SUBSCRIPTION WHICH MEANS NOT MUCH UPSIDE ON LISTING DAY

2)HIGH DEBT COMPANY. ALSO DONT LIKE NAVIGANT AS LEAD MANAGER

THE ONLY THING IS ITS LOGISTICS BUT I FOUND MUCH BETTER PLAYERS LISTED.

My Guess is it should be listed at around same price and would remain that price for some time. henceforward dont know.

wont be looking at this one as much better sme available.
among new one speciality chemicals and shri ram switchgear appears to be good.

I like chemcrux enterprise and DRA consultant from listed ones. would look forward to increase position there as they have excellent management,debt free and available at low P/E .
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42.3. IPOANALYSIS  May 27, 2017 1:40:46 PM IST I Like It. 3 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
GICL- issue which can in Oct still ruling at same price.

Compare this with Jalan is better as both are SME.


On most aspects GICL would look better. GICL lead manager-Hem vs Jalan- Navigant
GICL profits have seen steady growth in bottomline
GICL have P/bv OF 1 VS Jalan P/BV at 3.6- that is expensive
Loan of GICL is very low compared to such high loan of Jalan

GICL IPO issue have been very less vs Jalan asking for 17 cr and can cause liquidity problems.
l
Lets see how Jalan performs. Best of luck to alottees.
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42.4. IPOANALYSIS  May 31, 2017 9:21:51 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Now check what I mean by high debt book value expensive and even pe is not good. Those who did not got allotted should feel lucky. Look at other sme which have good growth prospects.
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41. deepak bafna  May 31, 2017 8:53:08 AM IST I Like It. | Report Abuse
54₹ listing may be ?
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40. SecTheta  May 30, 2017 4:51:12 PM IST I Like It. | Report Abuse
Jalan listing is scheduled to be tomorrow. Circular can be checked on NSE website here:
https://www.nseindia.com/emerge/circulars.htm
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39. MEGH  May 30, 2017 8:28:56 AM IST I Like It. | Report Abuse
Jalan transolutions ltd listing date plz inform listing date
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39.1. AGARWAL RAJESH  May 30, 2017 4:07:29 PM IST I Like It. | Report Abuse
Listing tomorrow 31.05.2017. Final / Sure
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38. Peruma  May 29, 2017 12:51:27 PM IST I Like It. | Report Abuse
Got 1 out of 1 lot.

Any idea about listing date?
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38.1. rikesh  May 29, 2017 9:41:09 PM IST I Like It. 1 | Report Abuse
Tomorrow listing at 20%+
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38.2. NISHANT GULANI  May 29, 2017 11:01:46 PM IST I Like It. | Report Abuse
LISTING NOT TOMORROW
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37. Ficpl  May 29, 2017 9:07:07 AM IST I Like It. 4 | Report Abuse
Proposed listing on 31st May Wednesday ...

SOURCE :FINANCIAL EXPRESS NEWS PAPER DATED 29th May
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36. govindm  May 28, 2017 12:05:43 PM IST I Like It. | Report Abuse
allotted 2 lot, but i am more sad due to listing concerns raised by experts
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36.1. rikesh  May 28, 2017 1:33:54 PM IST I Like It. 1 | Report Abuse
Do not worry my friend Jalan list on higher price may be on 20% upper circuit because this Company''s business model is good and at the time of this IPO application market conditions was bad we can say that so Big fund or Huge investors dont apply but now the pi cuter is different they bought from market directly.

So wait I applied 3 applications but have not received allotment so sell after 2nd day of listing
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35. tarak  May 27, 2017 5:26:12 PM IST I Like It. | Report Abuse
Listing Date..? Jalan ka LISTING koun sy Date hai..?
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35.1. HARSHIT SHETH  May 27, 2017 7:46:05 PM IST I Like It. | Report Abuse
Dear Tarak,

listing may be 02/06/2017
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35.2. Hiren K.  May 28, 2017 11:33:09 AM IST I Like It. | Report Abuse
31st listing
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34. Shashi Bhushan  May 27, 2017 11:50:12 AM IST I Like It. | Report Abuse
Allotment out........ Bad luck once again ...... No allotment after RBL Bank. Des pite 4 application in most of ipo....... Does
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34.1. IPOANALYSIS  May 27, 2017 12:16:55 PM IST I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
No worries. You can buy this sme as much as you want from secondary market at almost same price.

Infact Globe international carriers is much better than this and also have been very small size issue. instead buy GICL
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34.2. Shashi Bhushan  May 27, 2017 2:19:02 PM IST I Like It. | Report Abuse
nothing personnel with this IPO sir ji.........it about bad luck.........no allotment since long time........so many good issues have come and gone with null allotment......... I want to know is this pure lottery of some IP Address or MACH Address of device are being tracked??? I mean if am applying four application from same PC all application will be rejected or only one will be considered???
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33. TOPS  May 27, 2017 12:24:42 PM IST I Like It. | Report Abuse
Thanks shshibhushanji for providing link
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