Transteel Seating Technologies Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

30 Oct 2023

Close Date

01 Nov 2023

Allotment

05 Nov 2023

Listing Date

06 Nov 2023

Exchange

NSE SME

Price Band

₹70

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹70

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

71,40,000 shares (aggregating up to ₹49.98 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹140,000

1 lot

Pre-IPO Holding

1,33,94,510 shares

Promoters

Post-IPO Holding

2,01,78,510 shares

Promoters

P/E (Pre)

10.29x

P/E (Post)

16.91x

EPS (Pre)

₹6.80

UPI Deadline

2023-11-01

Mandate

Anchor AllotmentSun, 29 Oct 2023

Basis of AllotmentSun, 05 Nov 2023

Refund InitiationSun, 05 Nov 2023

Demat CreditSun, 05 Nov 2023

Listing DayMon, 06 Nov 2023

UPI Mandate Deadline2023-11-01

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public64,26,000 shares (aggregating up to ₹44.98 Cr)

Market Maker Quota7,14,000 shares (aggregating up to ₹5.00 Cr)

Fresh Issue Shares60,70,000 shares (aggregating up to ₹42.49 Cr)

Offer for Sale3,56,000 shares of ₹10 (aggregating up to ₹2.49 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Transteel Seating Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Nov 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	714,000	—	₹5.00
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	7,140,000	100%	₹49.98

IPO Shares Offered

Transteel Seating Technologies Ltd. IPO total issue size: ₹49.98 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	714,000	₹5.00	10.00%
Total	7,140,000	₹49.98	100.00%

* Based on upper price band ₹70 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹70.00

Upper Band

Min Investment

₹140,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹280,000
Retail (Max — 13 Lots)	13	26,000	₹1,820,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,960,000
B-HNI (Min — 68 Lots)	68	136,000	₹9,520,000

* Issue Price ₹70 × Lot Size 2,000 shares

IPO Schedule

Anchor

29 Oct 2023

✓ Done

IPO Open

30 Oct 2023

✓ Done

IPO Close

01 Nov 2023

✓ Done

Allotment

05 Nov 2023

✓ Done

Refunds

05 Nov 2023

✓ Done

Demat Credit

05 Nov 2023

✓ Done

Listing Day

06 Nov 2023

✓ Done

₹70.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹70.00 Live Price

About Transteel Seating Technologies Ltd.

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 expertiseSales and distribution channels across all the states of India.The company follows the policy of Value for money providing affordable furniture.

Objects of the Issue

Prepayment/ Repayment of Existing Debt Facility

2 Purchase of Equipments to Facilitate Manufacturing

Working Capital Requirements

General Corporate Purposes

Transteel Seating Technologies Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,806.7

31 Mar 2022

₹5,961.4

31 Mar 2023

₹3,133.4

30 Sep 2023

Profit After Tax (PAT)

₹159.1

31 Mar 2022

₹909.4

31 Mar 2023

₹417.6

30 Sep 2023

Particulars	30 Sep 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	3133.39	5961.43	2806.74
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	417.64	909.36	159.08
Net Worth	2860.86	2444.11	629.71
Total Assets	10062.18	8347.06	3609.10
Reserves & Surplus	1521.41	2385.87	605.91
Borrowings	3853.15	2691.10	1326.75
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

37.21%

RoCE

36.69%

RoNW

37.21%

Issue Structure & Shareholding

Total Shares Offered71,40,000 (100.00%)

Net Offer to Public64,26,000 shares (aggregating up to ₹44.98 Cr)

Reserved for Market Maker7,14,000 shares (aggregating up to ₹5.00 Cr)

Pre-Issue Promoter Holding1,33,94,510 shares

Post-Issue Promoter Holding2,01,78,510 shares

P/BV RatioN/A

RoE37.21%

RoCE36.69%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Gretex Corporate Services Ltd

Pantomath Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Transteel Seating Technologies Ltd. IPO subscribed? ▲

Transteel Seating Technologies Ltd. IPO is subscribed 1.00 times by Nov 01, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Transteel Seating Technologies Ltd. IPO retail subscription status? ▼

The Transteel Seating Technologies Ltd. IPO retail category is subscribed 1.00 times as of 01 Nov 2023. The retail portion is oversubscribed.

How to subscribe Transteel Seating Technologies Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Oct 2023 and closes 01 Nov 2023. Min investment: ₹140,000 (1 lot = 2,000 shares). UPI mandate: 2023-11-01.

How many times Transteel Seating Technologies Ltd. IPO subscribed? ▼

The Transteel Seating Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Transteel Seating Technologies Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Nov 2023. Refunds: on 05 Nov 2023.

When Transteel Seating Technologies Ltd. IPO will be listed? ▼

The Transteel Seating Technologies Ltd. IPO listing date is 06 Nov 2023, Monday. Listed on: NSE SME. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Transteel Seating Technologies Ltd. IPO close? ▼

The Transteel Seating Technologies Ltd. IPO closes on 01 Nov 2023, Wednesday. UPI mandate: 2023-11-01. Allotment: 05 Nov 2023. Listing: 06 Nov 2023.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹70.00

Change—

Issue Price₹70.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹70

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹140,000

GMPNIL

Est. Listing₹70

Subscribed1.00x

Open Date30 Oct 2023

Close Date01 Nov 2023

Allotment05 Nov 2023

Listing Date06 Nov 2023

ExchangeNSE SME

UPI Deadline2023-11-01