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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.

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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.

Jalan Transolutions IPO Details

IPO Opening Date May 18, 2017
IPO Closing Date May 23, 2017
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹46 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At NSE SME
Issue Size3,849,000 Eq Shares of ₹10
(aggregating up to ₹17.71 Cr)

Jalan Transolutions IPO Lot Size

The Jalan Transolutions IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹138,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹138,000
Maximum 1 3000 ₹138,000

Jalan Transolutions IPO Review

Investors may consider investment from short to long term in this reasonably priced issue of Jalan Transolutions NSE SME IPO. Read detail review...

Jalan Transolutions IPO Subscription Status (Bidding Detail)

The Jalan Transolutions IPO is subscribed times on 5/23/2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Jalan Transolutions IPO Prospectus

Jalan Transolutions IPO Rating

151
4.0
Rating:Rated 4.0 stars
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Jalan Transolutions IPO Listing Date

Listing Date Wednesday, May 31, 2017
BSE Script Code
NSE Symbol JALAN
Listing In
ISIN INE349X01015
IPO Price ₹46 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹46.00
Open: ₹42.25
Low: ₹40.55
High: ₹43.00
Last Trade: ₹41.95

Company Contact Information

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

Jalan Transolutions IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: jtl.ipo@karvy.com
Website: https://karisma.kfintech.com/

Jalan Transolutions IPO Reviews / Ratings

Jalan Transolutions IPO FAQs

Jalan Transolutions IPO is a SME IPO of 3,849,000 equity shares of the face value of ₹10 aggregating up to ₹17.71 Crores. The issue is priced at ₹46 per equity share. The minimum order quantity is 3000 Shares.

The IPO opens on May 18, 2017, and closes on May 23, 2017.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Jalan Transolutions IPO opens on May 18, 2017 and closes on May 23, 2017.

Jalan Transolutions IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

You can apply in Jalan Transolutions IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Jalan Transolutions IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Jalan Transolutions IPO allotment status.

The Jalan Transolutions IPO listing date is on Wednesday, May 31, 2017.

Jalan Transolutions IPO Message Board

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105 Comments

52. tusharJShah |Jun 29, 2017 1:39:19 PM
Now just you can see the upside for applying the lot.... CDSL money had release and transfer into AU FINANSE......
51. IPOANALYSIS |Jun 9, 2017 1:45:34 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
51.2. Forum Modulator |Jun 9, 2017 2:00:51 AM
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51.3. IPOANALYSIS |Jun 9, 2017 2:06:01 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Thank U
50. JIGNESH |Jun 6, 2017 9:05:57 PM
Good stock.buy every dip.target 50++ short term.long term 75+.gst benifit.
49. viki |Jun 3, 2017 3:31:41 PM
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.
49.1. JIGNESH |Jun 4, 2017 8:06:28 PM
I have agree with u mr.vicky.result looks good.stay long term
48. IPOANALYSIS |Jun 2, 2017 7:57:35 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
stock headed towards fair value of 28-30 Rs.
47. Nipun Goel |Jun 2, 2017 5:01:21 PM
Post Jalan listing, it is continuously falling. Respected members, does anyone has news that it will touch its issue price in near term?
47.1. NISHANT GULANI |Jun 2, 2017 5:49:38 PM
i think touch 35 33
47.2. IPOANALYSIS |Jun 2, 2017 6:00:21 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
It should fall very negative financial .stay away.
46. Eshan Doshi |May 31, 2017 2:48:58 PM
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.
46.2. Nidhike |May 31, 2017 9:05:02 PM
Top Contributor Top Contributor (300+ Posts, 500+ 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!!!!!!
avatar
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 :)
46.3. IPOANALYSIS |Jun 1, 2017 4:29:53 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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 .
45. JIGNESH |May 31, 2017 7:18:03 PM
I think jalan will go to 50-55 near short term.
44. Radha Singh |May 31, 2017 3:23:35 PM
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.
43. IPOANALYSIS |May 31, 2017 10:24:41 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
43.1. coolaks |May 31, 2017 12:01:58 PM
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.

43.2. IPOANALYSIS |May 31, 2017 1:50:10 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
42. IPOANALYSIS |May 27, 2017 1:27:00 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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 .
42.3. IPOANALYSIS |May 27, 2017 2:40:46 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
42.4. IPOANALYSIS |May 31, 2017 10:21:51 AM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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.
41. deepak bafna |May 31, 2017 9:53:08 AM
54Rs listing may be ?
40. SecTheta |May 30, 2017 5:51:12 PM
Jalan listing is scheduled to be tomorrow. Circular can be checked on NSE website here:
https://www.nseindia.com/emerge/circulars.htm
39. MEGH |May 30, 2017 9:28:56 AM
Jalan transolutions ltd listing date plz inform listing date
39.1. AGARWAL RAJESH |May 30, 2017 5:07:29 PM
Listing tomorrow 31.05.2017. Final / Sure
38. Peruma |May 29, 2017 1:51:27 PM
Got 1 out of 1 lot.

Any idea about listing date?
38.1. rikesh |May 29, 2017 10:41:09 PM
Tomorrow listing at 20%+
38.2. NISHANT GULANI |May 30, 2017 12:01:46 AM
LISTING NOT TOMORROW
37. Ficpl |May 29, 2017 10:07:07 AM
Top Contributor Top Contributor (200+ Posts, 500+ Likes)
Proposed listing on 31st May Wednesday ...

SOURCE :FINANCIAL EXPRESS NEWS PAPER DATED 29th May
36. govindm |May 28, 2017 1:05:43 PM
allotted 2 lot, but i am more sad due to listing concerns raised by experts
36.1. rikesh |May 28, 2017 2:33:54 PM
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
35. tarak |May 27, 2017 6:26:12 PM
Listing Date..? Jalan ka LISTING koun sy Date hai..?
35.1. HARSHIT SHETH |May 27, 2017 8:46:05 PM
Dear Tarak,

listing may be 02/06/2017
35.2. Hiren K. |May 28, 2017 12:33:09 PM
31st listing
34. Shashi Bhushan |May 27, 2017 12:50:12 PM
Allotment out........ Bad luck once again ...... No allotment after RBL Bank. Des pite 4 application in most of ipo....... Does
34.1. IPOANALYSIS |May 27, 2017 1:16:55 PM
IPO Guru IPO Guru (1900+ Posts, 1500+ 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
34.2. Shashi Bhushan |May 27, 2017 3:19:02 PM
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???
33. TOPS |May 27, 2017 1:24:42 PM
Thanks shshibhushanji for providing link