Transteel Seating Technologies Ltd

Miscellaneous

Offer Period :

30th to 11th Nov 2023

Established in February 1995, Transteel, a seasoned furniture company based in Bangalore, prioritizes customer satisfaction. With over 20 years of expertise, they focus on delivering an exceptional end-to-end experience, from website visit to prompt furniture delivery. The company's competitive strengths include an experienced management team, Read more... nationwide sales and distribution channels, and a commitment to providing value for money through affordable furniture solutions.Read less

Transteel Seating Technologies Ltd IPO Details

IPO Date 30th to 11th Nov 2023 Minimum Investment ₹140000 / 1 Lots
Listing Date 2023-11-06 Maximum Investment ₹140000 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹49.98 Crores
Price ₹70 to ₹70 per share Fresh Issue ₹47.49 Crores
Lot Size 1 Lots (2000 Shares) Offer For Sale ₹ 2.49
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹ 0    
IPO Date 30th to 11th Nov 2023
Listing Date 2023-11-06
Face Value ₹10 per share
Price ₹70 to ₹70 per share
Lot Size 1 Lots (2000 Shares)
Listing At NSE-SME
Employee Discount ₹0 Crores
Minimum Investment ₹140000 / 1 Lots
Maximum Investment ₹140000 / 1 Lots
Total Issue Size ₹49.98 Crores
Fresh Issue ₹47.49 Crores
Offer For Sale
Retail Discount ₹ 0

Tentative Timeline

Important dates for allocation and IPO listing.

30th Oct

IPO Starts

1st Nov

IPO Ends

2nd Nov

Allotment Date

3rd Nov

Initiation of Refund

3rd Nov

Credit of Shares to Demat Account

6th Nov

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 79.73 51.16
Public Group 20.27 48.84

Transteel Seating Technologies Ltd IPO Reservation

QIB Shares Offered 1284000(17.98%)
NII (HNI) Shares Offered 966000(13.53%)
Retail Shares Offered 2250000(31.51%)
Anchor Investor Shares Offered 1926000(26.97%)
Total Shares Offered 7140000
Total Shares With Anchor Investor 7140000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Transteel Seating Technologies Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 - 22 - 6263 8200
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

Transteel Seating Technologies Ltd IPO Lead Manager

1. Gretex Corporate Services Ltd

2. Pantomath Capital Advisors Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Transteel Seating Technologies Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Transteel Seating Technologies Ltd

1. Experienced Promoters.

2. Sales, Marketing and Distribution Capabilities.

3. Brand Positioning.

4. Quality Assurance & Control.

Risks Involved

1. There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceeding may have a material adverse effect on its business, results of operations and financial condition.

2. Its Registered Office, Factory, Showroom and our Warehouses are not owned by it. The same are occupied by it on a lease basis. Disruption of its rights as lessee or termination of the agreements with the lessor would adversely impact the company operations and, consequently, its business.

3. The company product is subject to frequently changing designs, patterns, customer requirements and tastes, its inability to meet such needs or preferences may affect the company business.

4. The Company's failure to maintain the quality standards of the products could adversely impact its business, results of operations and financial condition.

5. The company face competition in its business from domestic competitors. Such competition would have an adverse impact on the business and financial performance.

6. The company is dependent on various kinds of Supplier for the supply of raw materials, services and finished goods.

7. Its ability to remain competitive may be adversely affected by rapid technological changes and its ability to access such technology.

8. The company's business involves usage of manpower and any unavailability of the employees or shortage of contract labour or any strikes, work stoppages, increased wage demands by workmen or changes in regulations governing contractual labour may have an adverse impact on its cash flows and results of operations.

9. Its business is capital intensive. If its experience insufficient cash flows to meet required payments on the company debt and working capital requirements, there may be an adverse effect on its operations.

10. Heavy dependence on the Promoters for the continued success of its business through his continuing services, strategic guidance and support.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Transteel Seating Technologies Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-11-06 91652 TRANSTEEL
INE0NVI01020
₹70 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹70 ₹70
Open ₹0 ₹88.9
Low ₹0 ₹86.1
High ₹0 ₹93.3
Low ₹0 ₹86.1

Frequently Asked Questions

What is Transteel Seating Technologies Ltd IPO?

Answer Field

Transteel Seating Technologies Ltd IPO is a SME IPO of 71,40,000 equity shares of a face value of ₹10 aggregating up to ₹49.98 Crores. The issue is priced at ₹70 to ₹70 per share. The minimum order quantity is 2000 Shares. The IPO opens on October 30, 2023, and closes on November 01, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Transteel Seating Technologies Ltd IPO will open?

Answer Field

The Transteel Seating Technologies Ltd IPO opens on October 30, 2023 and closes on November 01, 2023.

What is the lot size of Transteel Seating Technologies Ltd?

Answer Field

Transteel Seating Technologies Ltd lot size is 2000 shares, and the minimum amount required is ₹1,40,000.

How to apply for Transteel Seating Technologies Ltd IPO?

Answer Field

You can apply in Transteel Seating Technologies Ltd 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. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Transteel Seating Technologies Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Transteel Seating Technologies Ltd IPO will be done on November 02, 2023, and the allotted shares will be credited to your demat account by November 03, 2023.

When is Transteel Seating Technologies Ltd IPO listing date?

Answer Field

The Transteel Seating Technologies Ltd listing date is November 06, 2023.

Who is the registrar of Transteel Seating Technologies Ltd IPO?

Answer Field

The registrar of Transteel Seating Technologies Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Gretex Corporate Services Ltd,Pantomath Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Transteel Seating Technologies Ltd IPO?

Answer Field

The fresh issue size is ₹47.49 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Transteel Seating Technologies Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 2000 shares and ₹1,40,000 amount.

How can I approve the UPI mandate request for Transteel Seating Technologies Ltd IPO?

Answer Field

To apply for Transteel Seating Technologies Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Transteel Seating Technologies Ltd?

Answer Field

The price of each Transteel Seating Technologies Ltd share will be ranging in between ₹70 to ₹70 per share.

What is the cut-off time for the UPI mandate for Transteel Seating Technologies Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, November 01, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • TROM INDUSTRIES LIMITEDSME IPO

  • Bidding Dates

    25th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹110 - 115

  • IPO Size

    ₹31,37,00,000

  • Apply Now
  • ESPRIT STONES LIMITEDSME IPO

  • Bidding Dates

    26th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹82 - 87

  • IPO Size

    ₹50,42,00,000

  • Apply Now
  • ASHAPURA LOGISTICS LIMITEDSME IPO Early Access

  • Bidding Dates

    30th Jul 2024 - 8th Aug 2024

  • Price Range

    ₹136 - 144

  • IPO Size

    ₹52,66,00,000

  • Apply Now
  • BULKCORP INTERNATIONAL LIMITEDSME IPO Early Access

  • Bidding Dates

    30th Jul 2024 - 8th Aug 2024

  • Price Range

    ₹100 - 105

  • IPO Size

    ₹20,77,00,000

  • Apply Now
  • RAJPUTANA INDUSTRIES LIMITEDSME IPO Early Access

  • Bidding Dates

    30th Jul 2024 - 8th Aug 2024

  • Price Range

    ₹36 - 38

  • IPO Size

    ₹23,88,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • SANSTAR LIMITEDMainboard IPO

  • Bidding Dates

    19th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹90 - 95

  • IPO Size

    ₹5,10,15,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • SAR TELEVENTURE LIMITEDSME IPO

  • Issue Price

    55.00

  • Listing Day Close

    110.25

  • Listing Day (Gain/Loss)

    100.00

  • SANSTAR LIMITEDMainboard IPO

  • Issue Price

    95.00

  • Listing Day Close

    115.09

  • Listing Day (Gain/Loss)

    21.05

  • KATARIA INDUSTRIES LIMITEDSME IPO

  • Issue Price

    96.00

  • Listing Day Close

    191.50

  • Listing Day (Gain/Loss)

    100.00

  • MACOBS TECHNOLOGIES LIMITEDSME IPO

  • Issue Price

    75.00

  • Listing Day Close

    100.80

  • Listing Day (Gain/Loss)

    34.67

  • TUNWAL EMOTORS LIMITEDSME IPO

  • Issue Price

    59.00

  • Listing Day Close

    60.80

  • Listing Day (Gain/Loss)

    3.39

  • PRIZOR VIZTECH LIMITEDSME IPO

  • Issue Price

    87.00

  • Listing Day Close

    173.55

  • Listing Day (Gain/Loss)

    100.00

  • THREE M PAPER BOARDS LIMITEDSME IPO

  • Issue Price

    69.00

  • Listing Day Close

    79.80

  • Listing Day (Gain/Loss)

    15.94

  • SATI POLY PLAST LIMITEDSME IPO

  • Issue Price

    130.00

  • Listing Day Close

    259.35

  • Listing Day (Gain/Loss)

    99.23

  • AELEA COMMODITIES LIMITEDSME IPO

  • Issue Price

    95.00

  • Listing Day Close

    173.25

  • Listing Day (Gain/Loss)

    82.11

  • SAHAJ SOLAR LIMITEDSME IPO

  • Issue Price

    180.00

  • Listing Day Close

    359.10

  • Listing Day (Gain/Loss)

    99.44

  • EFFWA INFRA AND RESEARCH LIMITEDSME IPO

  • Issue Price

    82.00

  • Listing Day Close

    163.55

  • Listing Day (Gain/Loss)

    100.00

  • GANESH GREEN BHARAT LIMITEDSME IPO

  • Issue Price

    190.00

  • Listing Day Close

    379.05

  • Listing Day (Gain/Loss)

    99.47

  • AMBEY LABORATORIES LIMITEDSME IPO

  • Issue Price

    68.00

  • Listing Day Close

    89.25

  • Listing Day (Gain/Loss)

    30.88

  • BANSAL WIRE INDUSTRIES LIMITEDMainboard IPO

  • Issue Price

    256.00

  • Listing Day Close

    350.30

  • Listing Day (Gain/Loss)

    36.72

  • EMCURE PHARMACEUTICALS LIMITEDMainboard IPO

  • Issue Price

    1008.00

  • Listing Day Close

    1358.85

  • Listing Day (Gain/Loss)

    34.82

  • NEPHRO CARE INDIA LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    179.55

  • Listing Day (Gain/Loss)

    100.00

  • DIENSTEN TECH LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    252.00

  • Listing Day (Gain/Loss)

    152.00

  • VRAJ IRON AND STEEL LIMITEDMainboard IPO

  • Issue Price

    207.00

  • Listing Day Close

    251.95

  • Listing Day (Gain/Loss)

    21.74

  • AKIKO GLOBAL SERVICES LIMITEDSME IPO

  • Issue Price

    77.00

  • Listing Day Close

    93.35

  • Listing Day (Gain/Loss)

    20.78

  • PETRO CARBON AND CHEMICALS LIMITEDSME IPO

  • Issue Price

    171.00

  • Listing Day Close

    315.00

  • Listing Day (Gain/Loss)

    84.21

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 5x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300 Cr MTF Book

icon-with-text