Transteel Seating Technologies IPO Details

Open Date

30 Oct 2023

01 Nov 2023


₹49.98 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹67 to ₹70

Close Date

Allotment Date

06 Nov 2023

09 Nov 2023

IPO Details

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.

About the Company

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

Book Runners

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