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Open
30 Oct to 1 Nov, 2023
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Close
30 Oct to 1 Nov, 2023
3
Allotment
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Listing
Mon, Nov 6, 2023
Price Band
₹67 to ₹70
Issue Size
71,40,000 shares (agg. up to ₹50 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Nov 6, 2023
Latest GMP
₹12
Est. Gain
17.14%
✦ AI Insight
GMP Trend
06-11-2023₹12Est. ₹82+17.14%
05-11-2023₹12Est. ₹82+17.14%
04-11-2023₹12Est. ₹82+17.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 35.05x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 100.62 | 83.47 | 36.09 | 25.38 |
| Total Income | 31.33 | 59.61 | 28.07 | 22.88 |
| Profit After Tax | 4.18 | 9.09 | 1.59 | -0.01 |
| NET Worth | 28.61 | 24.44 | 6.30 | 4.71 |
| Reserves and Surplus | 15.21 | 23.86 | 6.06 | 4.47 |
| Total Borrowing | 38.53 | 26.91 | 13.27 | 9.89 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment/ Repayment of Existing Debt Facility | 6.65 |
| 2 | 2 Purchase of Equipments to Facilitate Manufacturing | 14.90 |
| 3 | Working Capital Requirements | 20.00 |
| 4 | General Corporate Purposes | 0.32 |
About Transteel Seating Technologies IPO
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. + Read More
Contact Details
Transteel Seating Technologies Ltd. AddressNo.28, 4th Main, Industrial SuburbYeshwanthpurBangalore UrbanBengaluru, Karnataka, 560022+91 80953 46346info@transteel.comVisit Website