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Transpact Enterprises Ltd

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.

₹130 - ₹130Open
Listed Price130.00
Listing Gain+0.00%
TimelineFixed Price IPO
Open26 Aug 2019
Close28 Aug 2019
Allotment03 Sep 2019
Listing05 Sep 2019

Quota Reservation Portions

Market MakerPortion: 6,000 shares
5.77%

Minimum Application Bracket Matrix

Retail1 lots / 1,000 shares
₹1,30,000
HNI2 lots / 2,000 shares
₹2,60,000

About the Company

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.

Company Promoters

Mr. Aslam KhanMr. Anis Choudhery