Open Date
30 Oct 2023
01 Nov 2023
2000 shares
₹49.98 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹67 to ₹70
Close Date
Allotment Date
06 Nov 2023
09 Nov 2023
Transteel, founded in February 1995, is a furniture company with more than 20 years of experience in the corporate and B2B sectors.Yeshwanthpur, Bangalore, Karnataka, is where the company's manufacturing unit is located. Customer satisfaction is the company's top priority at Transteel. The company understands that the customer's journey starts when they visit the website and continues until the furniture is delivered. Whether it's easy website navigation, detailed product information, a simple purchasing process, or timely delivery, the company's goal is to provide an exceptional experience that exceeds our customers' expectations.
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.
The book-running lead managers to the offer are: Gretex Corporate Services Ltd Pantomath Capital Advisors Pvt Ltd
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