Jalan Transolutions (India) Limited IPO

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Jalan Transolutions (India) Limited is engaged in the business of automobile transportation. They provide 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 carrying goods from manufacturers to dealers or wholesalers and from wholesalers to retails mainly in automobiles industry (in two-wheelers segment). They own about 400 fleets 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 a team of experts at Dharuhera, Haryana.

Jalan Transolutions (India) Limited IPO Stock Quote & Charts

3.25

-2.99%

  • Open: 3.20
  • High - Low: 3.30 - 3.20
  • Previous Close: 3.35
  • Total Traded Volume: 33000
  • Updated On: 24-Dec-2019

Objects of the Jalan Transolutions (India) Limited IPO:

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 (India) Limited IPO Details:

Open Date: May 18 2017
Close Date: May 23 2017
Total Shares: 3,849,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Issue Size: 17.71 Cr.
Lot Size: 3000 Shares
Issue Price: ₹ 46 Per Equity Share
Listing At: NSE Emerge
Listing Date: May 31 2017

Promoters And Management:

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

Lead Manager of Jalan Transolutions (India) Limited IPO:

  1. Navigant Corporate Advisors Limited
  2. Sarthi Capital Advisors Private Limited

Registrar of Jalan Transolutions (India) Limited IPO:

  1. Karvy Computershare Private Limited

Company Address:

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

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