Transteel Seating Technologies Limited
Book Built Issue IPO · NSE
- Price band
- ₹67 - ₹70
- Lot size
- 2,000 shares
- Issue amount
- ₹49.98 cr
- Total subscription
- 49.37×
- Opens
- 30 Oct 2023
- Closes
- 1 Nov 2023
- Allotment
- 3 Nov 2023
- Listing
- 6 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 71,40,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,34,000
- Fresh issue
- ₹47.49 cr
- Offer for sale
- ₹2.49 cr
- Registrar
- Bigshare Services Pvt Ltd
- Listing exchange
- NSE
- Maximum investment
- ₹1,40,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 1,33,94,510
- Shares after issue
- 2,01,78,510
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,40,000 |
| HNI | 2 | 4,000 | ₹2,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 9.45 | 114.83 |
| RETAIL | 15.75 | 627.09 |
| NIB | 6.76 | 835.9 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.8 |
| ROE | 37.21 |
| ROCE | 36.69 |
| RONW | 37.21 |
| PRE IPO(PE) | 10.29 |
| POST IPO(PE) | 16.91 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Experienced management team with deep industry expertise
- Pan-India sales & distribution presence across all states
- Value-for-money strategy offering affordable furniture
Promoters
Mr. Shiraz Ibrahim
Ms. Nasreen Shiraz
Registrar & documents
Lead manager
Gretex Corporate Services Limited, Pantomath Capital Advisors Private limited
Registrar & contacts
Bigshare Services Pvt Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
No. 28, 4th Main, Industrial Suburb Yeshwanthpur Bangalore 560022,
+91 80953 46346
[email protected]Company website ↗Understanding TRANSTEEL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.