SMEClosed

Transteel Seating Technologies Limited IPO Subscription Status

📅Offer Date: 30 Oct 2023 – 01 Nov 2023

Minimum investment
₹1,40,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total49.37x
QIB0.00x
NII0.00x
Retail39.82x

Transteel Seating Technologies Limited IPO was subscribed 49.37x in total when bidding closed on 01 Nov 2023, with 0.00x in the QIB category, 0.00x in NII, 39.82x in retail. The issue ran from 30 Oct 2023 to 01 Nov 2023 at a price band of ₹67.00–₹70.00 per share.

QIB0.00xNII0.00xRetail39.82xTotal49.37x1×

Times subscribed by category against the 1× line.

40
≈ 1 in 40 retail allotment
low allotment chance

Based on retail subscription (39.82x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail22,50,0008,95,95,00039.82x
Total45,66,00022,54,23,42049.37x
QIB / NII13,50,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail15.75627.1639.82x
QIB / NII9.45—0.00x
Total25.20627.1649.37x

Values derived from share count × issue price (₹70.00)

What this means for allotment & listing

Because Transteel Seating Technologies Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Transteel Seating Technologies Limited IPO subscription FAQs