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Transteel Seating Technologies Limited IPO

Transteel Seating Technologies Limited was a SME IPO in the Furniture Home Furnishing sector, offered at ₹67–₹70 per share to raise ₹50 crore. It listed on 6 Nov 2023 at ₹89 and closed its first day at ₹93, a listing gain of +33.3% versus the ₹70 issue price. It now trades around ₹83 (+18.6% versus the issue price).

Frequently asked questions

What were the Transteel Seating Technologies Limited IPO listing gains?
Transteel Seating Technologies Limited listed on 6 Nov 2023 at ₹89, closing its first day at ₹93 — a listing gain of +33.3% versus the ₹70 issue price.
What was the price band and lot size of the Transteel Seating Technologies Limited IPO?
The price band was ₹67–₹70 per share, with a minimum lot of 2,000 shares (₹1,40,000 at the upper band).
Who were the registrar and lead manager for the Transteel Seating Technologies Limited IPO?
Bigshare Services Private Limited was the registrar, and Gretex Corporate Service was the book-running lead manager.