
Transpact Enterprises Ltd
IPO Details
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Transpact Enterprises Ltd's successfully completed its Initial Public Offering and commenced trading on Sep 05, 2019 at the BSE exchange. The company raised 1,04,000 Shares through this public offering, comprising TBD in fresh capital.
The IPO was priced within the band of ₹130 to ₹130, with minimum application lots of 1000 shares. The offering attracted significant investor interest during its subscription period from Aug 26, 2019 to Aug 28, 2019.
Share allotment was finalized on Sep 03, 2019, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2013, Maharashtra-based Transpact Enterprises Limited is a biotechnology startup focused on developing innovative and affordable solutions for specially-abled individuals. The company primarily designs, develops, and distributes the Vestibulator, a therapeutic device created to address vestibular dysfunctions. The Vestibulator is a co-patented technology of Transpact Enterprises and IRCC-IIT Bombay, and the company holds a license from the Society for Innovation and Entrepreneurship, IIT Bombay, to commercialize the product. While the design and customization of the device are handled in-house with the help of advanced software, the manufacturing process is outsourced to third-party vendors. Transpact Enterprises is dedicated to continuous innovation to enhance its offerings and improve the quality of life for its users.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Easy-to-use device with unique features
- Strong technical base for custom-made devices
- Quality assured and certified products
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Mr. Aslam Khan,
Mr. Anis Choudhery
Transpact Enterprises Ltd
Bigshare Services Private Limited
