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Transteel Seating Technologies IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Bangalore and caters to Furniture sector. Gretex Corporate Services is the merchant banker of Transteel Seating Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd June 2023.
Transteel Seating Technologies IPO open date is 30th October 2023 and close date is 1st November 2023. IPO Allotment Date is 5th November 2023 and Listing date is 6th November 2023.Transteel Seating Technologies IPO size is Rs 49.98 Cr. crores with IPO price of Rs 70.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Transteel Seating Technologies IPO. Gretex Share Broking Private Limited. is the Registrar and Market Maker is Gretex Share Broking Private Limited for Transteel Seating Technologies IPO.
Transteel Seating Technologies IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Nav Capital Vcc | 714,000.00 | ₹70.00 | ₹49,980,000.00 |
| Moneywise Financial Services | 286,000.00 | ₹70.00 | ₹20,020,000.00 |
| Chanakya Opportunities Fund | 286,000.00 | ₹70.00 | ₹20,020,000.00 |
| Nexus Global Opportunities | 286,000.00 | ₹70.00 | ₹20,020,000.00 |
| VPK Global Ventures | 288,000.00 | ₹70.00 | ₹20,160,000.00 |
Transteel Seating Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Transteel Seating Technologies IPO, based in Bangalore, operates in the Furniture sector with a focus on furniture. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Transteel Seating Technologies IPO size is ₹ 49.98 Cr. Crores with fresh issue size of Rs 49.98 Cr. Crores and Offer for sale being 49.98..
The IPO allotment date for Transteel Seating Technologies IPO is expected to be 5th November 2023, after the finalization of basis of allotment. Investors can check Transteel Seating Technologies IPO allotment status on the registrars website, Gretex Share Broking Private Limited.. Transteel Seating Technologies IPO refund dates are 5th November 2023.
Transteel Seating Technologies IPO is expected to be listed on 6th November 2023.
The upper price band for the Transteel Seating Technologies IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Transteel Seating Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Transteel Seating Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st November 2023. After submission, funds are blocked until the basis of allotment of Transteel Seating Technologies IPO is finalised.
The merchant banker for Transteel Seating Technologies IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Transteel Seating Technologies IPO RHP for further details.
The registrar for Transteel Seating Technologies IPO is Gretex Share Broking Private Limited.. Investors can go to Gretex Share Broking Private Limited. registrar website for IPO allotment status, refund processing, and other queries related to Transteel Seating Technologies IPO through their official website or helpline.
Transteel Seating Technologies IPO was subscribed 49.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 49.98 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.70 Cr.
Sector: Furniture
SME IPO so far:
23
Merchant Banker:
Gretex Corporate
SME IPO by BRLM so far:
47
City:
Bangalore
SME IPO so far:
27
Revenue (annualised):
₹ 62.50 cr.
PE
Ratio:
16.91x
Average Sector PE Ratio: 17.68x
Transteel Seating Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Transteel Seating Technologies Financial Review Page
Merchant Banker(s) of Transteel Seating Technologies IPO: Gretex Corporate Services Limited
Transteel Seating Technologies IPO subscription was 49.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Transteel Seating Technologies IPO listed at a listing price of 93.30 against the offer price of 70.00.
The current market price of Transteel Seating Technologies is 95.90.
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