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Transteel Seating Technologies Limited IPO

Transteel Seating Technologies Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 88.90 (+27.00%)

Having completed its public offering, Transteel Seating Technologies Limited's is now listed and trading on the NSE exchange as of 06-11-2023. The IPO raised cumulative capital of 71,40,000 Shares, including 67,84,000 Shares in primary capital infusion and ₹2.49 Cr in secondary market transactions.

The IPO was conducted with a price range of ₹67 to ₹70 and minimum investment requirement of 2000 shares. subscription activity between 30-10-2023 and 01-11-2023 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 03-11-2023 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Transteel Seating IPO Details
Lot(s) Distribution

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.

IPO Reservation
Transteel Seating IPO Key Performance Indicator
Company Financials ( In Lakhs )

Transteel Seating IPO About Company

Incorporated in February 1995, Transteel is a furniture company with over 20 years of experience serving corporate and B2B clients. Its manufacturing unit is located in Yeshwanthpur, Bangalore, Karnataka. The company focuses strongly on customer satisfaction and believes that the customer journey starts from the moment they visit the website until the furniture is delivered. Transteel aims to provide a smooth experience with easy website navigation, clear product information, a simple buying process, and timely delivery to ensure customers receive exceptional service at every step.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Transteel Seating IPO Strength Factors

  1. Experienced management team with deep industry expertise
  2. Pan-India sales & distribution presence across all states
  3. Value-for-money strategy offering affordable furniture

Transteel Seating IPO Risk Factors

NA


Transteel Seating IPO Lead Manager(s)

  • Gretex Corporate Services Limited

Transteel Seating IPO Promoter(s)

  1. Mr. Shiraz Ibrahim
  2. Ms. Nasreen Shiraz

Transteel Seating IPO Company Details

Transteel Seating Technologies Limited
Phone:
address:

Transteel Seating IPO Registrar

Bigshare Services Pvt Ltd
Name:
Phone:

Transteel Seating IPO FAQs