IPO Issue Details
Issue Price / Price Band₹130 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size1,04,000 shares (aggregating up to ₹1.35 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 26 Aug 2019
Subscription CloseWed, 28 Aug 2019
Anchor AllotmentSun, 25 Aug 2019
Basis of AllotmentTue, 03 Sep 2019
Initiation of RefundsWed, 04 Sep 2019
Credit of Shares to DematThu, 05 Sep 2019
Listing DateThu, 05 Sep 2019
UPI Mandate Deadline2019-08-28
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 1,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 2,000 shares
Net Offer to Public98,000 shares (aggregating up to ₹1.27 Cr)
Reserved for Market Maker6,000 shares (aggregating up to ₹0.0780 Cr)
Pre-IPO Promoter Holding2,82,730 shares
Post-IPO Promoter Holding3,86,730 shares
About Transpact Enterprises Ltd.
Incorporated in 2013, Maharashtra- based Transpact Enterprises Limited is a biotechnology startUp. It provides comprehensive & cost-effective products and solutions to specially-abled people. The company is continuously working towards technological innovations and interventions to improve their products. Transpact Enterprises mainly designs, develops and distributes Vestibulator, a therapeutic device. The device has been invented by the Society for Innovation and Entrepreneurship, lIT Bombay. And, Transpact Enterprises holds a license to carry out the commercial activities of Vestibulator. It is a co-patented technology of the company and IRCC-IIT Bombay. Vestibulator: It is a therapeutic device to offer optimum vestibular stimulation for the cases with vestibular dysfunctions. The company outsources the manufacturing of the device along with the design details to a 3rd party. With the help of advanced software, the company offers customized device solutions for patients.Competitive Strengths1. User Friendly device with unique features 2. Technical foundation to offer customized device 3. Quality assured and certified device
Objects of the Issue
Transpact Enterprises Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Redemption of Preference Shares
0.29
2
2 Acquisition of R & D facility and Registered Office on a long term basis
0.75
3
3 General Corporate Purpose
0.02
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,82,730 shares
Post-IPO Promoter Holding
3,86,730 shares