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 diversi ...fication. The Company acquired more corporate accounts like IBM, Sony, SBI etc. and put in work on a Pan India basis during period 2006-2017. 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 digital-first 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 2,100 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 72,28,800 Equity Shares, comprising a Fresh Issue of 68,67,200 Equity Shares and the Offer for Sale upto 3,61,600 Equity Shares.
1. Can I buy Transteel Seating Technologies Ltd from PL Capital? ›
Yes, you can invest in Transteel Seating Technologies Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Transteel Seating Technologies Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Transteel Seating Technologies Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Transteel Seating Technologies Ltd pay dividends? ›
Transteel Seating Technologies Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Transteel Seating Technologies Ltd ? ›
As of
04-11-2025 the share price for Transteel Seating Technologies Ltd. is 130.05 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Transteel Seating Technologies Ltd ? ›
The 52-week high and low of Transteel Seating Technologies Ltd share price is ₹ 42 - ₹ 147.1 as of
04-11-2025 .
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