Transteel Seating Technologies Limited IPO
NSE SMEListed On: Nov 6, 2023 at ₹ 88.9
₹ 280000 /4000 Shares
*Min Investment
30 Oct, 2023
Open Date01 Nov, 2023
Close Date03 Nov, 2023
Allotment Date06 Nov, 2023
Listing DateTransteel Seating Technologies Limited IPO Issue Details
- Issue Price ₹67-70 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 7,140,000 shares(aggregating up to ₹49.98 Cr)
- Listing at NSE SME
- List Price 88.9
- Listing Date 2023-11-06
- Lead Manager Gretex Corporate Services Limited
Pantomath Capital Advisors Pvt Ltd - Registrar Bigshare Services Pvt Ltd
Transteel Seating Technologies Limited IPO Details
- Retail Portion 35%
Transteel Seating Technologies Limited IPO Documents
Transteel Seating Technologies Limited IPO Details
Transteel Seating Technologies Limited IPO is an SME IPO, priced at ₹67-70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Oct 30, 2023 to Nov 1, 2023. The allotment is expected to be finalized on Nov 3, 2023, and the tentative listing date is Nov 6, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Transteel Seating Technologies Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,350,000 / 966,000 | 2,250,000 | 4,566,000 |
Day 1 30-10-23 06:00 PM | 0.00 / 1.76 x | 2.74 x | 1.72 x |
Day 2 31-10-23 06:00 PM | 0.32 / 2.91 x | 7.99 x | 4.65 x |
Day 3 01-11-23 06:00 PM | 12.13 / 123.87 x | 39.82 x | 49.37 x |
Transteel Seating Technologies Limited Valuations
Transteel Seating Technologies Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 8,347.06 | 3,609.10 | 2,538.33 |
| Revenue | 5,961.43 | 2,806.74 | 2,287.74 |
| Profit After Tax | 909.36 | 159.08 | -0.59 |
About Transteel Seating Technologies Limited 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.
Transteel Seating Technologies Limited - Promoter(s)
Pre Issue Share Holding : 83.75%
Post Issue Share Holding : 53.83%
Transteel Seating Technologies Limited IPO - Issue Objectives
Prepayment/Repayment of Certain Debt Facility availed by our Company
Purchase of Equipments to Facilitate Manufacturing
Working Capital Requirements
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Transteel Seating Technologies Limited IPO is 7,140,000 shares(aggregating up to ₹49.98 Cr).
Ans. The Transteel Seating Technologies Limited IPO price band is set between ₹67-70 per equity share.
Ans. To apply for Transteel Seating Technologies Limited 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 Transteel Seating Technologies Limited IPO allotment status online.
