Transteel Seating Technologies (NSE SME)
Oct 30, 2023 - Nov 1, 2023
| Price | ₹67 - ₹70 |
| Premium | ₹13 |
|---|---|
| Lot size | 2000 |
| Allotment | Nov 3, 2023 |
| Listing | Nov 6, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 140000 | 1125 |
| HNI | 2 | 4000 | 280000 | 483 |
Last updated on 01-Nov-2023 17:02:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 13,50,000 | 1,64,04,000 | 12.15 |
| NIB | 9,66,000 | 11,94,14,000 | 123.62 |
| RETAIL | 22,50,000 | 8,95,84,000 | 39.82 |
| Total | 45,66,000 | 22,54,02,000 | 49.37 |
| Retail Apps | 44,792 | © IPO Premium | |
Incorporated in February 1995, 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.
The competitive strength of the company lies in the following:-
- Experienced Management team with domain expertise
- Sales and distribution channels across all the states of India.
- The company follows the policy of Value for money providing affordable furniture.
Transteel Seating Technologies IPO Details
| Issue Size | 7,140,000 shares (aggregating up to ₹49.98 Cr) |
| Fresh Issue | 6,784,000 shares (aggregating up to ₹47.49 Cr) |
| Offer for Sale | 356,000 shares of ₹10 (aggregating up to ₹2.49 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 13,394,510 |
| Share holding post issue | 20,178,510 |
| Market Maker portion | 714,000 shares Gretex Share Broking |
Transteel Seating Technologies IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Company Financials
Transteel Seating Technologies Limited Financial Information (Restated)
Transteel Seating Technologies Limited's revenue increased by 112.4% and profit after tax (PAT) rose by 471.64% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 10,062.18 | 8,347.06 | 3,609.10 | 2,538.33 |
| Revenue | 3,133.39 | 5,961.43 | 2,806.74 | 2,287.74 |
| Profit | 417.64 | 909.36 | 159.08 | -0.59 |
| Net Worth | 2860 | 2,444.11 | 629.71 | 470.63 |
| Reserves | 1,521.41 | 2,385.87 | 605.91 | 446.82 |
| Borrowing | ||||
| Amount in ₹ Lakhs | ||||
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