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Transteel Seating Technologies Ltd (TRANSTEEL)

₹75.17.06%

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Overview
News
Financials
Technicals

Performance

  • ₹75.1
    ₹75.1
  • 52 Week's Low

    52 Week's High

    ₹59
    ₹114.25
1 Month Return+ 0.14 %
3 Month Return-2.84 %
1 Year Return-24.81 %
Previous Close₹70.15
Open₹75.10
Volume74.00K
Upper Circuit-
Lower Circuit-
Market Cap₹141.55Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹141.55 Cr
P/B Ratio0
EPS0

Company Information

Transteel Seating Technologies Ltd. was originally incorporated on February 08 1995 as a Private Limited Company as Transteel Seating Technologies Private Limited with the Registrar of Companies Karnataka Bangalore. Later in year 2022 the Company got converted to Public Limited Company and name of the Company has been changed to Transteel Seating Technologies Limited through a Fresh Certificate of Incorporation upon Conversion on April 19 2023 by Registrar of Companies Bangalore.In 1995 the Company started Manufacturing Ergonomic Furniture to cater to the needs of the Indian IT companies that were being setup in and around Bangalore.Thereafter it moved to larger factory to address growing demands of the IT Sector in 1997. Later it expanded to Chennai in 2001 through diversification. The Company acquired more corporate accounts like IBM Sony SBI etc. and put in work on a Pan India basis during period 20062017. During 2018 it moved to a 2.5 acre fully integrated Manufacturing facility and opened a branch in Mumbai in 2020.Transteel a furniture provider has been catering to businesses of all sizes for over two decades. However in 2019 took a considerable leap by adopting a digitalfirst approach transforming the way customers engage with the brand. This shift has made it convenient for customers to browse and purchase diverse range of furniture online. With this the Company has developed skill and expertise in making chairs office furniture and other residential and commercial furniture. Over the years it continued to focus on craft performance oriented Tables and Chairs. These furniture solutions are a mix of design value and ergonomics which ensure that ones back stays in good shape day after day. It has developed the in house Technical Design Team to provide turnkey solution and implementation of interior and work space in Commercial Residential and Educational Institutions.The Company has its manufacturing facility situated at Yeswantpur Bangalore. It outsource the mould of products to vendors for preparing them as per requirements these mould are then given to Injection moulding vendors to mould the part of products. Once the parts ready they are sourced to factory where they developed assembly lines to assemble each product. Also some products are manufactured in factory itself.Recently Company has acquired a property measuring 2100 Sq. ft. from the Promoters of Company by issuing shares to the Promoters. The Company is in process of converting the said property into a showroom for its products. Since the property along with land belongs to the Company and is situated in a renowned area of Bangalore hence it plans on opening a showroom at the said property.The Company is proposing an Initial Public Offering aggregating upto 7228800 Equity Shares comprising a Fresh Issue of 6867200 Equity Shares and the Offer for Sale upto 361600 Equity Shares..

Share Price: ₹75.10 per share as on 16 Jul, 2024 02:01 PM
Market Capitalisation: ₹141.55Cr as of today
Listing date: 06 Nov, 2023
OrganisationTransteel Seating Technologies Ltd
Headquarters
IndustryMiscellaneous
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Key events for Transteel Seating Technologies Ltd

  • Mixed Signals for Transteel Seating Technologies Stock - 07 Jun, 2024

    Transteel Seating Technologies' recent earnings report was positive, but its accrual ratio suggests potential weaknesses. The company's stock has seen a significant increase over the past month due to high rates of reinvestment and growth in earnings. However, negative free cash flow may indicate that statutory profits do not accurately reflect underlying earnings power.

Insights on Transteel Seating Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 36.15% of holdings in Nov 2023 quarter

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 6.75% of holdings in Nov 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.28% of holdings in Nov 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, TRANSTEEL stock has moved down by -23.1%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹83.47Cr
↑131.28%
Total Liabilities
₹59.03Cr
↑98.15%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹3.96Cr
↓165.67%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51.28%
0.00
Foreign Institutions
1.24%
0.00
Mutual Funds
0%
0.00
Retail Investors
44.78%
0.00
Others
2.71%
0.00

Key Indicators

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Transteel Seating Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Transteel Seating Technologies Ltd (TRANSTEEL) share price today is ₹75.1

Transteel Seating Technologies Ltd is listed on NSE

Transteel Seating Technologies Ltd is not listed on BSE

  • Today’s highest price of Transteel Seating Technologies Ltd is ₹75.1.
  • Today’s lowest price of Transteel Seating Technologies Ltd is ₹75.1.

Today’s traded volume of Transteel Seating Technologies Ltd(TRANSTEEL) is 74.00K.

Today’s market capitalisation of Transteel Seating Technologies Ltd(TRANSTEEL) is ₹141.55Cr.

Transteel Seating Technologies Ltd(TRANSTEELPrice
52 Week High
₹114.25
52 Week Low
₹59

Transteel Seating Technologies Ltd(TRANSTEEL) share price is ₹75.1. It is down -34.27% from its 52 Week High price of ₹114.25

Transteel Seating Technologies Ltd(TRANSTEEL) share price is ₹75.1. It is up 27.29% from its 52 Week Low price of ₹59

Transteel Seating Technologies Ltd(TRANSTEELReturns
1 Day Returns
4.95%
1 Month Returns
0.14%
3 Month Returns
-2.84%
1 Year Returns
-24.81%