Transpact Enterprises Limited IPO
(i) The company was incorporated on May 12, 2013, as ‘Transpact Enterprises Private Limited’ under the provisions of Companies Act, 1956 with the Registrar of Companies, Mumbai at Maharashtra.
(ii) They are a MedTech startUp with a focus to provide innovative, cost-effective and comprehensive solutions, products with strategic partnerships and collaborative relationships to help especially abled people to transcend their barriers. The Company is registered as a startUp with MSME/DIPP bearing certificate No. DIPP3317.
(iii) They have designed and developed a therapeutic device – ‘Vestibulator’ which is a unique and innovative therapeutic design in medical device segment.
Vestibulator has been incubated at SINE (Society for Innovation and Entrepreneurship), IIT Bombay. Further, a license agreement had been executed between IIT Bombay and our company to carry out all commercialization activities.
The company along with IIT Bombay has filed a joint patent for the technology of Vestibulator with Controller General of Patents, Designs, and Trademarks, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry.
Vestibulator is a compact, mechanized, innovative therapeutic device which is ergonomically designed to provide stimulations for vestibular, neurodevelopmental and sensory integration therapy
(iv) They have given a contract to the third party to manufacture Vestibulator which they sell in the market. The Company aiming at partnering with hospitals therapy centers, rehabilitation center, and special children school for the installation of the product.
Objects of the Transpact Enterprises Limited IPO:
Transpact Enterprises Limited IPO Details:
|Open Date:||Aug 26 2019|
|Close Date:||Aug 28 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||fixed price|
|Issue Size:||1.35 Cr.|
|Lot Size:||1000 Shares|
|Issue Price:||₹ 130 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Sep 05 2019|
Promoters And Management:
Financials of Transpact Enterprises Limited IPO:
|Particulars in lakh||31-Mar-19||31-Mar-18||31-Mar-17||31-Mar-16|
Comparison With Peers:
Recommendation on Transpact Enterprises Limited IPO:
Lead Manager of Transpact Enterprises Limited IPO:
Registrar of Transpact Enterprises Limited IPO:
Bid Details of Transpact Enterprises Limited IPO as on
28 Aug 2019 | 11:55:02 PM
|Category||No.of shares offered||No. of shares bid|