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Transpact Enterprises Ltd IPO (Transpact IPO) Detail

Aug 26, 2019 - Aug 28, 2019
Incorporated in 2013, Maharashtra- based Transpact Enterprises Limited is a biotechnology startUp. It provides comprehensive & cost-effective products and solutions to specially-abled people. The company is continuously working towards technological innovations and interventions to improve their products. Transpact Enterprises mainly designs, develops and distributes Vestibulator, a therapeutic device. The device has been invented by the Society for Innovation and Entrepreneurship, lIT Bombay. And, Transpact Enterprises holds a license to carry out the commercial activities of Vestibulator. It is a co-patented technology of the company and IRCC-IIT Bombay. Vestibulator: It is a therapeutic device to offer optimum vestibular stimulation for the cases with vestibular dysfunctions. The company outsources the manufacturing of the device along with the design details to a 3rd party. With the help of advanced software, the company offers customized device solutions for patients.

Competitive Strengths

1. User Friendly device with unique features 2. Technical foundation to offer customized device 3. Quality assured and certified device

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Assets 51.92 46.98 23.60 18.20
Total Revenue 13.00 - - -
Profit After Tax (7.10) (9.15) (4.53) (7.06)

Objects of the Issue

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

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

Transpact IPO Details

Transpact IPO Date Aug 26, 2019 to Aug 28, 2019
Transpact IPO Face Value ₹10 per share
Transpact IPO Price ₹130 per share
Transpact IPO Lot Size 1000 Shares
Issue Size104,000 shares of ₹10
(aggregating up to ₹1.35 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Mr. Aslam Khan and Mr. Anis Choudhery are the promoters of the company.

Transpact IPO Timeline (Tentative Timetable)

Transpact IPO opens on Aug 26, 2019, and closes on Aug 28, 2019. The Transpact IPO bid date is from Aug 26, 2019 10.00 A.M. to Aug 28, 2019 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Date
Transpact IPO Opening Date Aug 26, 2019
Transpact IPO Closing Date Aug 28, 2019
Basis of Allotment Sep 3, 2019
Initiation of Refunds Sep 4, 2019
Credit of Shares to Demat Sep 5, 2019
Transpact IPO Listing Date Sep 6, 2019

Transpact IPO Lot Size

The Transpact IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹130,000).

Application Lots Shares Amount
Retail (Min) 1 1000 ₹130,000
Retail (Max) 1 1000 ₹130,000

Transpact IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 73.11%
  • Transpact IPO issue shares will list on BSE startup platform

Transpact IPO Review

Since TEL is spending Rs. 0.30 cr. (22%) for raising Rs. 1.35 cr. the issue is fully structured one. Investors may give a miss to this exorbitantly priced issue with negative earnings so far. Read detail review...


Transpact IPO Subscription Status (Bidding Detail)

The Transpact IPO is subscribed 1.13 times on Aug 28, 2019 6:49:01 PM. The public issue subscribed 1.37 times in the retail category, times in the QIB category, and 0.90 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII0.90
Retail1.37
Total1.13

Transpact IPO Prospectus

Transpact IPO Rating

15
2.5
Rating:Rated 2.5 stars
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Transpact IPO Listing Date

Listing Date Thursday, September 5, 2019
BSE Script Code 542765
NSE Symbol
Listing In TS Group of Securities
ISIN INE06YD01010
IPO Price ₹130 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹130.00
₹132.50
₹131.00
₹132.50
₹131.00

Company Contact Information

Transpact Enterprises Ltd
204 2nd Floor,
Timmy Arcade, Makwana Road Marol,
Andheri East, Mumbai-400 059
Phone: +91 9224763158
Email: info@transpact.in
Website: http://transpact.in/

Transpact IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Transpact IPO Review

Transpact IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Transpact IPO FAQs

Transpact IPO is a SME IPO of 104,000 equity shares of the face value of ₹10 aggregating up to ₹1.35 Crores. The issue is priced at ₹130 per share. The minimum order quantity is 1000 Shares.

The IPO opens on Aug 26, 2019, and closes on Aug 28, 2019.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Transpact IPO opens on Aug 26, 2019 and closes on Aug 28, 2019.

Transpact IPO lot size is 1000 Shares and the minimum order quantity is .

You can apply in Transpact IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Transpact IPO will be done on Sep 3, 2019, and the allotted shares will be credited to your demat account by Sep 5, 2019. Check the Transpact IPO allotment status.

The Transpact IPO listing date is on Thursday, September 5, 2019.
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Transpact IPO Message Board

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3 Comments

3. VinShah |   Link |Sep 2, 2019 8:53:34 PM
Allotment already done.. when will transpact listing happen??
2. Hiteshji |   Link |Aug 26, 2019 7:19:01 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Avoid all sme IPO. Buy good stocks from
Secondary market...
1. KING VINOD |   Link |Aug 23, 2019 12:16:40 PM
IPO Guru IPO Guru (1700+ Posts, 3400+ Likes)
Since last 4 years company is in losses still asking price is higher.
Asking price 130/- per share is too high