Issue Price
₹70
Per Share
GMP
NIL
Grey Market
Est. Listing
₹70
Expected Price
Min. Application
₹280,000
2 lots × 2000 shares
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 expertiseSales and distribution channels across all the states of India.The company follows the policy of Value for money providing affordable furniture.
Transteel Seating Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 714,000 | — | ₹5.00 Cr | — |
| TOTAL | 7,140,000 | 100.00% | ₹49.98 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹140,000 |
| Retail (Max) | 13 | 26,000 | ₹1,820,000 |
| sNII (Min) | 14 | 28,000 | ₹1,960,000 |
| bNII (Min) | 68 | 136,000 | ₹9,520,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 3133.39 | 5961.43 | 2806.74 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 417.64 | 909.36 | 159.08 |
| Net Worth | 2860.86 | 2444.11 | 629.71 |
| Total Assets | 10062.18 | 8347.06 | 3609.10 |
| Reserves & Surplus | 1521.41 | 2385.87 | 605.91 |
| Total Borrowings | 3853.15 | 2691.10 | 1326.75 |