Transrail Lighting Limited

CLOSED

IPO Date: 19 Dec - 23 Dec 2024

Listing Date: 27 Dec 2024

Price Range

₹410 to ₹432 per share

Issue Size

838.91 Cr

Min Investment

13,940

Lot Size

34 Shares

Schedule of Transrail Lighting Limited

Issue open date

19 Dec 2024

Issue close date

23 Dec 2024

UPI mandate deadline

23 Dec 2024 (5 PM)

Allotment finalization

24 Dec 2024

Share credit

26 Dec 2024

Listing date

27 Dec 2024

Mandate end date

7 Jan 2025

Issue size

Funds Raised in the IPOAmount
Overall838.91 Cr
Fresh Issue211.36 Cr
Offer for Sale627.55 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date24 Dec 2024
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
28 Dec 2024432165597 (38.19%)
27 Dec 2024432165597 (38.19%)
26 Dec 2024432175607 (40.51%)
25 Dec 2024432192624 (44.44%)
24 Dec 2024432192624 (44.44%)
23 Dec 2024432180612 (41.67%)
22 Dec 2024432175607 (40.51%)
21 Dec 2024432180612 (41.67%)
20 Dec 2024432185617 (42.82%)
19 Dec 2024432145577 (33.56%)
18 Dec 2024432120552 (27.78%)

Performance Transrail Lighting Limited

Issue PriceListing GainCurrent Market PriceP/L
₹410 to ₹432 per share 2821 (28.14%) 532.823.33%

About Transrail Lighting Limited

Incorporated in February 2008, Transrail Lighting Limited is an engineering and construction company focused on power transmission and distribution and manufacturing lattice structures, conductors, and monopoles. The company provides the following services:-Supply, engineering, procurement and construction of transmission lines and distribution lines.EPC services in civil construction including design in relation to bridges, tunnels, elevated roads and cooling towers.Act as manufacturers and service providers in the poles and lighting segment, including supply, installation, and testing.The company provides railway services, including overhead electrification, signalling, telecommunication, earthworks, and track linking.Since its inception, the company has completed over 200 power transmission and distribution projects. The company has a presence in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, with turnkey EPCs and supply projects.As of June 30, 2024, the company has completed the EPC of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally.As of December 2024, the company has four manufacturing units. The first one is situated in Vadodara Gujrat, second one in Deoli, Maharashtra,and third and fourth one in Silvassa, Dadra and Nagar Haveli respectively.As of June 30, 2024, the company supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles.As of June 30, 2024, the company has 114 employees in the design and engineering team.Competitive Strength:Strong and diversified Order BookEstablished manufacturing facilities in four locationsProven track record of growth and established presence in the power transmission and distribution sector through effective implementation and execution skills.

Founded in2008
Managing director
Parent organization

Financial Overview

Strengths

  • Strong and diversified Order Book
  • Established manufacturing facilities in four locations
  • Proven track record of growth and established presence in the power transmission and distribution sector through effective implementation and execution skills.

Risks

    Subscription Figures

    CategorySubscription (No. of times)
    Qualified Institutional Buyers (QIBs)197.41
    Non-Institutional Investors (NIIs)78.31
    Retail Individual Investors (RIIs)22.62
    Employee4.39
    Total81.98