Transteel Seating Technologies Limited IPO Message Board (Page 1)

@ Seniors and Experts
Your views are solicited on this stock as it is continously falling.

why trasteel is not showing for trading?

What to do in transteel seating holding since allotment going down daily..

If you take a look at the buy and sell orders in these recent days, you would notice a pattern, most of the sell orders are not at the LC price and the sell orders continue to remain at 1L to 1.2L even after being sold in the volumes of around 270k to 300k per day, if I were to give you my opinion, it is that these circumstances are being created to create short selling panic since the common investor gets afraid at the prospects of losing a quarter of their gains. When this panic is triggered and Lc hits with more than 100k sell orders thats when the market will reverse cause the big investors will scoop up all to enjoy a percentage stake at a relatively low Pe. The stock will then be operated to high limits to make way for more loans for less equity dilution at a rate of 50% cmp. I hope you understand that stock market is a game of wits and these numbers are just insignificant for the top level investor. Knowledge is key, and one should be focused on a good company rather than the share price volatility

I have added one lot today for the medium term. Below are the points which made me invest.
1.Manufacturing sector is expected to do better
2.Hoping for better results for the 2nd quarter due to the festive season.
3.Valuations are cheaper.
4.Good Achor Investors
5.New Bulk deal for long term investment except one which you know, I don't want to name that.
6.Company has created good brand loyalty.
7.Strong Fundamentals
8. IPO fund will be partially utilised to repay debt which might reduce the interest outgo and will increase EPS.
9. Wonderful LM track record Etc

Disclaimer: I have personal holding so my comments might be biased. No buy or sell recommendations.

​@PGB .....sir what about Rajgor......it is continuously trading in a range .....when will this rise?

​@PGB .....sir any view on Rajgor??....kaha tak girega yeh?

Why it if falling so much LC today.

Bought 1 lot today. I may add more. Just watching the manipulators. (Not a recommendation to buy or sell).

Guys! Seems manipulation game started to hit stock price at LC targetting retail investors to do panic selling..@Seniors, please advise

Heavy manipulation. Fasten your seatbelt. May people fell down the wagon yesterday.

*Many

As someone said before ...36 PE at 140 is on the cards this month.. I can see why he was so sure.. let's see how things go !

Agrwal ji r u holding with target 140?

Yes and looking at market depth I See people having faith ... Buying multiple lots in Single order by HNIs.. so they too must be expecting price to go up ! They are better at analysis than us ! Today's average is around yesterday UC

Don't be in a hurry to sell guys ..our senior members are holding and adding it quietly ...

All it takes is 1 big buy order to turn around ..I have seen this in e factor from 10 % lc to UC ... Here circuit is 5% as its in ST category right now for few more days. ..

UC is possible today .. huge accumulation yesterday at UC and today at LC.. I believe in pantomath ..good returns history

Added 1 more lot today ..looking good

Vishnu surya projects infra board meeting on 14-11-2023. Holding tightly 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

07-Nov-2023      TRANSTEEL      Transteel Seating Tech L      GRETEX SHARE BROKING LIMITED      BUY      6,000      97.95      -

07-Nov-2023      TRANSTEEL      Transteel Seating Tech L      GRETEX SHARE BROKING LIMITED      SELL      1,02,000      97.95      -

07-Nov-2023      TRANSTEEL      Transteel Seating Tech L      MANSI SHARE AND STOCK ADVISORS PVT LTD      BUY      40,000      97.95      -

07-Nov-2023      TRANSTEEL      Transteel Seating Tech L      MANSI SHARE AND STOCK ADVISORS PVT LTD      SELL      1,56,000      97.95      -

07-Nov-2023      TRANSTEEL      Transteel Seating Tech L      ZAKI ABBAS NASSER      BUY      4,10,000      97.77      -

Bought 1 lot today.
Mansi and Gretex exited.
Zaki Abbas Nasser is a long term invester and bought almost 1/3 of today's traded volume.
( Not a recommendation to buy or sell).

Seems like one for keeps if management continues to execute well.

Keep minting!

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      ICICI BANK LIMITED      SELL      1,14,000      87.43      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      KALKUT COMMUNICATION PVT LTD      BUY      1,62,000      88.90      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      LEADING LIGHT FUND VCC THE TRIUMPH FUND      SELL      1,18,000      88.90      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      MANSI SHARE AND STOCK ADVISORS PVT LTD      BUY      1,56,000      93.30      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      MONEYWISE FINANCIAL SERVICES PRIVATE LTD      SELL      3,86,000      88.90      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      PRAFULL RAI      BUY      1,10,000      88.90      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      RAJASTHAN GLOBAL SECURITIES PVT LTD      SELL      2,00,000      88.90      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      SHREE BAHUBALI COMMODITIES PVT LTD      BUY      1,62,000      88.90      -

06-Nov-2023      TRANSTEEL      Transteel Seating Tech L      SIDDHARTH ABHAIKUMAR NAHAR      BUY      2,10,000      88.90      -

Sold and bought bulk deal are almost equal number.
Short punters are ominous.
Let's see tomorrow.
(Disclaimer:- No stake right now.)
(Observational view only. Not a recommendation to sell or buy).

I would recommend all to hold the stock till the PE reaches 36, thats what the industry average is at and since this being an SME I think it will get a boost in sales due to it being listed and this will in turn help the PE stabilise in the next 4 quarters. The only caveat is their ecommerce portal UI, if it were up to me I’d put in a few lacs and revamp the portal and run marketing campaigns in the form of redeemable points in terms of gross net value of an order. My Position is - Holding. Please feel free to correct me and lets engage in a healthy discussion so that we all can learn.

At what stock price it wil become PE 36 ? Thanks

If we look at it currently and the price continues to rise in this quarter then a PE of 36 would be achieved at ₹163 and if it takes a few quarters while increasing it’s ebitda and OPM it could reach around 180-190 range.

​@newgen consultancy Any guidance from you whether to hold or book profit?

Volume so far 26.22 lakhs at 10:25am

Shares offered

NII (HNI) Shares Offered      966,000 (13.53%)
Retail Shares Offered      2,250,000 (31.51%)

Really good sign ...

Hit UC hold hold
want all other opinion

As this was my first SME ipo, I sold it in pre-open. May be I don't have courage to hold this at this moment.