247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Transteel Seating Technologies Limited IPO (Transteel Seating Technologies IPO) Details

Transteel Seating Technologies Limited is an Furniture based company, located in Bangalore, Transteel Seating Technologies Limited IPO size was 49.98 Cr. and was issued at 70.00 per share. The share of Transteel Seating Technologies Limited were listed at 93.30 per share and are currently trading at 104.50 per share.

Type :
Sub Sector : Furniture
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
62.66 Cr.

PAT :
8.36 Cr.

Pricing Report

Issue Price :
70.00

Listing Price :
93.30

Current Market Price :
104.50

Issue Price vs CMP :
34.5 (49.29%)

listing Price vs CMP :
11.2 (12.00%)

Performance Report (CAGR* wise)

CAGR : 39.22
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Transteel Seating Technologies

Company Information
Transteel, a trusted furniture provider, has been catering to businesses of all sizes for over two decades. However, in 2019, they took a significant leap by adopting a digital-first approach, revolutionizing the way customers engage with their brand. This shift has made it incredibly convenient for customers to browse and purchase their exceptional range of high-quality furniture online. They are a known furniture provider with over 20 years of corporate and B2B experience. Their Company have developed the skill and expertise in making chairs, office furniture and other residential and commercial furniture. Over the years they have continued to focus on what they do well i.e. craft performance oriented Tables and Chairs. Their furniture solutions are a delightful mix of design, value, and ergonomics, which
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Object of Issue
  • Prepayment/Repayment of Certain Debt Facility availed by their Company
  • Purchase of Equipments to Facilitate Manufacturing
  • Working Capital Requirements
  • General Corporate Purposes

Transteel Seating Technologies SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2023
IPO Size :
49.98 Cr.
Market Cap :
141.25 Cr.   
IPO Subscription :
49.21 X     
PE Multiple :
16.91
IPO Registrar:
Gretex Share Broking Private Limited.

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FAQs

Transteel Seating Technologies operates in Furniture and Furniture. The Issue is listed on NSE EMERGE in Nov, 2023. Transteel Seating Technologies IPO size was 49.98 Cr. with Issue price of 70.00 .

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 104.50.

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