Transteel Seating Technologies, a furniture provider, has been catering to businesses of all sizes for over two decades. However, in 2019, they took a considerable leap by adopting a digital-first approach, transforming the way customers engage with their brand. This shift has made it convenient for customers to browse and purchase their diverse range of furniture online.
They are a known furniture provider with over 20 years of corporate and B2B experience. The Company has developed the skill and expertise in making chairs, office furniture, and other residential and commercial furniture. Over the years they have continued to focus on what they do well i.e. craft performance-oriented Tables and Chairs. Their furniture solutions are a mix of design, value, and ergonomics, which ensure that your back stays in good shape, day after day. They have also developed the in-house Technical and design team to provide turnkey solutions and implementation of interior and work space in Commercial, Residential, and Educational Institutions. They aim to develop creative and innovative Designs in the furniture space and to develop techniques to make all products as part of the “Make in India” initiative. Their Company’s proficiency lies in understanding the specific requirements of their potential customers and based on which they take the orders and design according to the client’s requirements and deliver the final product. They provide a wide assortment of products, such as Office Chairs and Office Furniture. Our professionals are devoted to developing an product range capable of gaining a nationwide interest for its finish, designs, color combinations, flawless detailing, quality, and higher durability.
Transteel Seating Technologies provides the right kind of furniture that is practical and affordable as well as attractive and enduring. It can be tailored as per unique needs. The company uses using latest machinery and technology. The company keeps on upgrading its Manufacturing set-up, design capabilities, and workmanship to deliver superior quality products with on-time deliveries and without any compromise on quality.
Objects of the Issue:
- Prepayment/Repayment of Certain Debt Facility availed by our Company.
- Purchase of Equipment to Facilitate Manufacturing.
- Working Capital Requirements
- General Corporate Purposes.
Transteel Seating IPO Review
- May Apply
Transteel Seating IPO Date & Price Band Details
|IPO Open:||October 30, 2023|
|IPO Close:||November 1, 2023|
|IPO Size:||Approx ₹49.98 Crores, 7,140,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹67 to ₹70 Per Equity Share|
|IPO Listing on:||NSE SME|
|Retail Quota:||35% of the net offer|
|QIB Quota:||50% of the net offer|
|NII Quota:||15% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors in IPO:||Click Here|
Transteel Seating IPO Market Lot
The Transteel Seating IPO minimum market lot is 2000 shares with a ₹140,000 application amount.
Transteel Seating IPO Dates
The Transteel Seating IPO date is October 30 and the IPO close date is November 1. The IPO allotment date is November 3 and the IPO might list on November 6.
|IPO Open Date:||October 30, 2023|
|IPO Close Date:||November 1, 2023|
|Basis of Allotment:||November 3, 2023|
|Refunds:||November 6, 2023|
|Credit to Demat Account:||November 6, 2023|
|IPO Listing Date:||November 6, 2023|
Transteel Seating IPO Form
How to apply Transteel Seating IPO? You can apply Transteel Seating IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Transteel Seating IPO in the Invest section. The other option you can apply Transteel Seating IPO via IPO forms download via the NSE website. Check out the Transteel Seating forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Transteel Seating Company Financial Report
|₹ in Crores|
Transteel Seating IPO Valuation – FY2023
Check Transteel Seating IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹162.95 per Equity Share|
|Price/Earning P/E Ratio:||NA|
|Return on Net Worth (RoNW):||37.21%|
|Net Asset Value (NAV):||₹437.96 per Equity Share|
- Seasons Furnishing Limited
- Shashwat Furnishing Solutions Limited
- Mr. Shiraz Ibrahim
- Ms. Nasreen Shiraz
Transteel Seating IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Transteel Seating IPO Allotment Status
Check Transteel Seating IPO allotment status on Bigshare website URL. Click Here
Transteel Seating IPO Lead Managers aka Merchant Bankers
- Pantomath Capital Advisors Private Limited
- Gretex Corporate Services Limited
Transteel Seating Limited
No. 28, 4th Main, Industrial Suburb,
Yeshwanthpur, Bangalore- 560022, Karnataka
Phone: +91 80953 46346
E-mail: [email protected]