Transteel Seating Technologies Limited IPO
₹67 - ₹70
2000
49.21
| Open Date: | 30-Oct-2023 |
| Close Date: | 01-Nov-2023 |
| Allotment Date: | 05-Nov-2023 |
| Listing Date: | 06-Nov-2023 |
| Listing Price: | ₹99.4/- |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹67-70 Per Equity Share |
| Issue Size: | Total Issue Size 7,140,000 shares (aggregating up to ₹49.98 Cr) : Fresh Issue 6,784,000 shares (aggregating up to ₹47.49 Cr) : Offer for Sale 356,000 shares of ₹10 (aggregating up to ₹2.49 Cr) |
| Market Lot (Min Amount): | Retail - ₹140,000 : HNI - ₹280,000 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 1,350,000 | 966,000 | 2,250,000 | 4,566,000 |
| Day 1 - 30-10-23 05:00 PM | 0.00x | 1.76x | 2.74x | 1.72x |
| Day 2 - 31-10-23 05:00 PM | 0.32x | 2.91x | 7.99x | 4.65x |
| Day 3 - 01-11-23 05:00 PM | 12.15x | 122.88x | 39.82x | 49.21x |
| Total No. of Application: | 44,793 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 39.8x | |||
| Earning Per Share(EPS) | ₹6.8/- |
| P/E Ratio | 16.91 |
| RoNW | 37.21% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2023 | 8,347.06 | 5,961.43 | 909.36 |
| 31 Mar,2022 | 3,609.10 | 2,806.74 | 159.08 |
| 31 Mar,2021 | 2,538.33 | 2,287.74 | -0.59 |
| Pre Issue Share Holding | 83.75% |
| Post Issue Share Holding | 53.83% |
| 1. Mr. Shiraz Ibrahim |
| 2. Ms. Nasreen Shiraz |
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects ("Objects of the Issue"):
a) Prepayment/Repayment of Certain Debt Facility availed by our Company
b) Purchase of Equipments to Facilitate Manufacturing
c) Working Capital Requirements
d) General Corporate Purposes.
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.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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