About Transteel Seating Technologies Limited
Transteel Seating Technologies Limited is launching its IPO. The offer opens for subscription on 30th October 2023 and will close on 1st November 2023.
Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on the listing. Click here to learn more about the SME segment.
What does Transteel Seating Technologies Limited do?
Transteel, established in 1995, specializes in corporate and B2B furniture with over two decades of experience. Their range includes tables, chairs, and other related items with a focus on ergonomics.
The company provides interior solutions for various spaces like commercial areas, residences, and educational institutions. They have an internal design team and align with the “Make in India” initiative. Designs are often tailored based on client specifications.
The company’s manufacturing facility is located in Yeshwanthpur, Bangalore. They outsource certain molds but do the assembly in-house. They operate in Mumbai, Chennai, Delhi NCR, Pune, and Hyderabad.
Schedule/Timeline of Transteel Seating Technologies Limited IPO
| Issue Period | October 30, 2023 to November 1, 2023 |
| Deadline for accepting UPI mandate | 5:00 PM on the Bid/ Issue Closing Date. |
| Finalization of Allotment | November 6, 2023 |
| Initiation of Refunds | November 7, 2023 |
| Credit of Shares | November 8, 2023 |
| Date of Listing | November 9, 2023 |
| Mandate end date | November 16, 2023 |
| Anchor Investors Lock-In End Date | December 1, 2023 |
How to apply to the Transteel Seating Technologies Limited IPO?
You can apply for the Transteel Seating Technologies Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Transteel Seating Limited IPO?
You can check the allotment status for the Transteel Seating Technologies Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.