Transteel Seating Technologies Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,210,000 (45%) | — | ₹2,247 Cr |
| NII (HNI) | — | 966,000 (14%) | — | ₹676 Cr |
| Retail | — | 2,250,000 (32%) | — | ₹1,575 Cr |
| Market Maker | — | 714,000 (10%) | — | ₹500 Cr |
| Σ Total | — | 7,140,000 (100%) | — | ₹49,980 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 134,000 | ₹9,380,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 3,133 | 5,961 | 2,807 |
| Profit After Tax | 418 | 909 | 159 |
| Net Worth | 2,861 | 2,444 | 630 |
| Total Assets | 10,062 | 8,347 | 3,609 |
| Reserves & Surplus | 1,521 | 2,386 | 606 |
| Total Borrowing | 3,853 | 2,691 | 1,327 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Prepayment/ Repayment of Existing Debt Facility – 6.65
- 2 Purchase of Equipments to Facilitate Manufacturing – 14.90
- Working Capital Requirements – 20.00
- General Corporate Purposes – 0.32
Company Overview
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.