Transteel Seating IPO Date, Review, Price, Allotment Details

Transteel Seating IPO Details: Transteel Seating IPO date is fixed, The IPO will open on October 30 and will close on November 1. Transteel Seating is an NSE SME IPO to raise ₹49.98 crores via IPO. The Transteel Seating IPO price band is fixed at ₹67 to ₹70 with a market lot of 2000 shares.

Transteel Seating IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹140,000
Retail Maximum12000₹140,000
S-HNI Minimum24000₹280,000

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

You can check IPO subscription status and IPO allotment status on their respective pages.

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
YearRevenueExpensePAT
2021₹22.89₹21.41₹0.01
2022₹28.07₹24.11₹1.59
2023₹59.61₹43.94₹9.09
2024 6M₹31.33₹23.04₹4.18

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

Peer Group

  • Seasons Furnishing Limited
  • Shashwat Furnishing Solutions Limited

Company Promoters

  • Mr. Shiraz Ibrahim
  • Ms. Nasreen Shiraz

Transteel Seating IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

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

Company Address

Transteel Seating Limited
No. 28, 4th Main, Industrial Suburb,
Yeshwanthpur, Bangalore- 560022, Karnataka
Phone: +91 80953 46346
E-mail: [email protected]
Website: www.transteel.com

Transteel Seating IPO FAQs


What is Transteel Seating IPO?

Transteel Seating IPO is an NSE SME IPO. They are going to raise ₹49.98 Crores via IPO. The issue is priced at ₹67 to ₹70 per equity share. The IPO is to be listed on NSE.

When Transteel Seating IPO will open?

The IPO is to open on October 30, 2023 for QIB, NII, and Retail Investors.

What is Transteel Seating IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Transteel Seating IPO?

You can apply Transteel Seating IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Transteel Seating IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Transteel Seating”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Transteel Seating IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Transteel Seating”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Transteel Seating IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Transteel Seating”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Transteel Seating IPO Size?

Transteel Seating IPO size is ₹49.98 crores.

What is Transteel Seating IPO Price Band?

Transteel Seating IPO Price Band is ₹67 to ₹70 per equity share.

What is Transteel Seating IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹140,000.

What is Transteel Seating IPO Allotment Date?

Transteel Seating IPO allotment date is November 3, 2023.

What is Transteel Seating IPO Listing Date?

Transteel Seating IPO listing date is November 6, 2023. The IPO to list on NSE SME.

Note: The Transteel Seating IPO details are announced officially. The IPO grey market premium (Transteel Seating IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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