IPO

Transteel Seating Technologies Limited IPO

NSE SME

Listed On: Nov 6, 2023 at ₹ 88.9

₹ 140000 /2000 Shares

Check Allotment

Transteel Seating Technologies Limited IPO Details

30 Oct, 2023

Open Date

01 Nov, 2023

Close Date

03 Nov, 2023

Allotment Date

06 Nov, 2023

Listing Date

Issue Price

₹67-70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

88.9

Listing Date

2023-11-06

Market Lot

2000 Shares (₹140,000/-)

Lead Manager

Gretex Corporate Services Limited
Pantomath Capital Advisors Pvt Ltd

Issue Size

7,140,000 shares(aggregating up to ₹49.98 Cr)

Retail Portion

35%

Subscription

49.37 times

IPO Docs

DRHP

Transteel Seating Technologies Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,350,000 / 966,0002,250,0004,566,000
Day 1 - 30-10-23 06:00 PM0.00 / 1.76 x2.74 x1.72 x
Day 2 - 31-10-23 06:00 PM0.32 / 2.91 x7.99 x4.65 x
Day 3 - 01-11-23 06:00 PM12.13 / 123.87 x39.82 x49.37 x

Transteel Seating Technologies Limited Valuations

Earnings Per Share (EPS)

₹6.8/-

P/E Ratio

N/A

RoNW

37.21%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Transteel Seating Technologies Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets8,347.063,609.102,538.33
Revenue5,961.432,806.742,287.74
Profit After Tax909.36159.08-0.59

About The Company

Transteel is a furniture company with over 20 years of experience in the corporate and B2B sectors.The company's manufacturing unit is located in , Yeshwanthpur, Bangalore, Karnataka.

At Transteel, customer satisfaction is the number one priority of the company. The company knows that the customer's journey begins the moment they visit the website and continues until the furniture is delivered. Whether it's seamless website navigation, comprehensive product information, an effortless buying process or prompt delivery, company's goal is to provide an exceptional experience that exceeds our customers' expectations.

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Transteel Seating Technologies Limited - Promoter(s)

Pre Issue Share Holding: 83.75%

Post Issue Share Holding: 53.83%

Company Promoter(s)

Transteel Seating Technologies Limited IPO - Issue Objectives

  1. Prepayment/Repayment of Certain Debt Facility availed by our Company
  2. Purchase of Equipments to Facilitate Manufacturing
  3. Working Capital Requirements
  4. General Corporate Purposes.

Transteel Seating Technologies Limited IPO - FAQs

Ans. Transteel Seating Technologies Limited IPO is a SME IPO. The issue is priced at ₹67-70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Oct 30, 2023, and closes on Nov 1, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Transteel Seating Technologies Limited IPO opens on Oct 30, 2023 and closes on Nov 1, 2023.

Ans. The size of Transteel Seating Technologies Limited IPO is 7,140,000 shares(aggregating up to ₹49.98 Cr).

Ans. The IPO price band is set between ₹67-70 per equity share.

Ans. To apply for Transteel Seating Technologies Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Transteel Seating Technologies Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Transteel Seating Technologies Limited IPO is Nov 3, 2023.

Ans. The Transteel Seating Technologies Limited IPO will be listed on Nov 6, 2023.

Ans. Follow the steps to check the allotment status for Transteel Seating Technologies Limited IPO here.