Transpact Enterprises Ltd

About the Company:

Transpact Enterprises Ltd is 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.

Company is a design, development and distribution company for therapeutic device – ‘Vestibulator’ which is a unique and innovative therapeutic design in medical device segment.

Company is an ISO 13485:2016 certified company for “Medical Devices” and ISO 9001:2015 certified for quality management system.


Company’s Product:

Vestibulator has been incubated at SINE (Society for Innovation and Entrepreneurship), IIT Bombay. Further, a licence agreement had been executed between IIT Bombay and our company to carry out all commercialization activities.

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, neuro-developmental and sensory integration therapy.

company has outsourced the manufacturing of our device to third party manufacturer and have entered into a MoU with them for the same.


Company’s Software Solutions:

Company’s software solution Rehab-Soft, Electronic Medical Records (EMR) processing, device administration, communications and streamlines patient billing.

The solution is based on Internet of Things (lOT) technologies that turns Vestibulator therapy data into electronic medical record and sends them to the private cloud, where data analytics can be performed to better evaluate patient’s condition.

The Rehab-Soft improves medical care, support EMRs, enables patient data sharing among therapy centres and increases staff efficiency.


Management Team:

  1. Mr. Aslam Khan (Designation: Executive Director)
  2. Mr. Anis Choudhery (Designation: Whole-Time Director)


Objectives of the Issue:

  • Redemption of Preference Shares.
  • Acquisition of R & D facility and Registered Office on a long term basis.
  • General Corporate Purpose.


Peer Group Comparison:

We believe that there is no other listed company which is specifically comparable to Transpact Enterprises Ltd w.r.t. business model, size and financials. Hence we cannot make any comparison.


Financials of the Company: (in Lakhs)

(in Lakhs) FY 17 FY 18 FY 19
Revenue ——- ——- 13
Net Profit (-4.53) (-9.15) (-5.90)


IPO Details:

Details Info
Issue Opens on 26th August 2019
Issue Closes on:. 28th August 2019
Issue Price Rs.130
Face Value Rs.10
Minimum Lot 1000 Shares
Minimum Investment Rs.1,30,000
Issue Constitutes 26.89%
Issue Size Rs.1.35 cr
Market Cap Rs.5.02 cr
Listing at Startups BSE
Equity Shares Offered (Fresh) 1,04,000
Equity Shares Prior to the Issue 2,82,730
Equity Shares after the Issue 3,86,730


Important Dates:

Finalization of Basis of Allotment on or Before 3rd September 2019
Initiation of Refunds on or Before 4th September 2019
Credit of Equity Shares: on or Before 5th September 2019
Listing Date: on or Before 6th September 2019


Company Contact Info:
Transpact Enterprises Ltd
204 2nd Floor, Timmy Arcade,
Makwana Road Marol,
Andheri East, Mumbai – 400 059.
Tel No: +91 9224763158


IPO Registrar Info:
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 – 22 – 6263 8200


Lead Manager to the Issue:
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Tel No.: +91 – 22 – 6216 6999