Transpact IPO: Transpact Enterprises Limited IPO Details

Transpact IPO: Transpact Enterprises Limited IPO Details

Transpact IPO

Transpact Enterprises Ltd is a biotechnology startup located in Maharashtra. The company has engaged in technical innovations and interventions to improve their products. Mainly, it works on develops, designs, and distributes vestibulator, a therapeutic device. Transpact Enterprises Limited Company has announced its upcoming IPO named as Transpact IPO.

The Transpact IPO opens for subscription on 26th August and will be closed on 28th August. The IPO raised about Rs 1.35 crore. Offered a total of 104,000 equity shares to investors and promoters. TEL has been fixed the price band at Rs 130 per equity share.

Transpact IPO Details

  Issue Open  Aug 26, 2019 – Aug 28, 2019
  Issue Type  Fixed Price Issue
  IPO Size  104,000 eq shares of Rs 10 (aggregating up to Rs 1.35 cr)
  Face Value  Rs 10 per equity share
  Issue Price  Rs 130 Per Equity Share
  Market Lot  1000 shares
  Min Order Quantity  1000 Shares
  Listing At  BSE SME

This time, TEL offered a Fixed type issue.  The size of the IPO is 104,00 equity shares of the face value of Rs 10 per equity share aggregating up to Rs 1.35 crores. The company has been fixed a market lot at 1000 shares and the Minimum order quantity is Rs 1000 shares. As of draft prospectus, It has proposed to be listed at the SME platform of BSE. It is spending up to Rs 0.30 crore for this issue. The Issue will lead manage by Aryaman Financial Services Limited. The Issue offered 49,000 shares to Retail Individual Investors and another 49,000 shares to Non-Institutional investors.

Objects of the Issue:

The Objects of the Net Issue is to raise funds for:

  • Redemption of Preference Shares
  • Acquisition of R & D facility and Registered Office on a long term basis
  • General Corporate Purpose

Transpact Enterprise Ltd IPO Promoter Holding

  Pre Issue Share Holding  100%
  Post Issue Share Holding  73.11%

Transpact IPO Subscription Status

  Day   Date   NII   RII   Total
 1  Aug 26, 2019, 18:49  0.67x  1.00x  0.84x
 2  Aug 27, 2019, 18:49  0.82x  1.14x  0.98x
 3 Aug 28, 2019, 18:49  0.90x  1.37x  1.13x

By using the subscription status, you will know if the IPO subscribed or not. May Investors can only make bidding for IPO shares in between 10 AM to 5 PM after opening the Issue.

Transpact Initial Public Offering Shares Offered

NII RII Total
49,000 49,000 98,000

Listing Details of Transpact Enterprises

 Listing Date  Thursday, September 5, 2019
 BSE Script Code  542765
 Listing In  TS
 ISIN  INE06YD01010
 Issue Price  Rs 130 per Equity Share
 Face Value  Rs 10 per Equity Share

Transpact IPO Prospectus

 Draft Prospectus 

Red Herring Prospectus 

Transpact IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri(E), Mumbai – 400 059

Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.

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