
Emerging SME Services · BSE
Incorporated in 2013, Maharashtra-based Transpact Enterprises Limited is a biotechnology startup focused on developing innovative and affordable solutions for specially-abled individuals. The company primarily designs, develops, and distributes the Vestibulator, a therapeutic device created to address vestibular dysfunctions. The Vestibulator is a co-patented technology of Transpact Enterprises and IRCC-IIT Bombay, and the company holds a license from the Society for Innovation and Entrepreneurship, IIT Bombay, to commercialize the product. While the design and customization of the device are handled in-house with the help of advanced software, the manufacturing process is outsourced to third-party vendors. Transpact Enterprises is dedicated to continuous innovation to enhance its offerings and improve the quality of life for its users.
Price Band
₹130
Issue Size
₹1.35 Cr
Lot Size
1000 shares
GMP
Est. Listing
₹130
at current GMP
Subscribed
—
Open
26 Aug 2019
Close
28 Aug 2019
Allotment
3 Sep 2019
Refund
4 Sep 2019
Demat Credit
5 Sep 2019
Listing
5 Sep 2019
Designated Registrar: Bigshare Services Pvt Ltd
Allotment Date
3 Sep 2019
Basis finalization
Refunds Initiate
4 Sep 2019
Mandate release
Demat Credit
5 Sep 2019
Shares in demat
Listing Debut
5 Sep 2019
Trading begins
Transpact Enterprises Ltd is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹1.35 Crores. The shares are offered at a price band of ₹130 to ₹130 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,30,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-09-05, while un-allotted funds or UPI block mandates will be released on 2019-09-04.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.