| Initial public offer of upto 71,40,000* equity shares of face value of
Rs. 10.00 each ("Equity Shares") of Transteel Seating Technologies Limited (the "Company" or the "Issuer") for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share (the "Offer Price") aggregating to Rs. 49.98 crores ("The Offer") comprising a fresh issue of up to 67,84,000* equity shares by the company aggregating up to
Rs. 47.49 crores (the "Fresh Issue") and an offer for sale of up to 3,56,000* equity shares aggregating up to Rs. 2.49 crores ("The Offer for Sale"), by Nasreen Shiraz ("Promoter Selling Shareholder"). The offer shall constitute 35.38 %* of the post-offer paid-up equity share capital of the company. The offer includes a reservation of upto 7,14,000* equity shares aggregating to Rs. 5.00 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of upto 64,26,000* equity shares aggregating to Rs. 44.98 crores (the "Net Offer").
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