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
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
Funds Raised in the IPO | Amount |
---|---|
Overall | 838.91 Cr |
Fresh Issue | 211.36 Cr |
Offer for Sale | 627.55 Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 24 Dec 2024 |
Allotment Link | {Link} |
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.
Date | Ipo Price | GMP | Estimated Listing Price |
---|---|---|---|
28 Dec 2024 | ₹432 | ₹165 | ₹597 (38.19%) |
27 Dec 2024 | ₹432 | ₹165 | ₹597 (38.19%) |
26 Dec 2024 | ₹432 | ₹175 | ₹607 (40.51%) |
25 Dec 2024 | ₹432 | ₹192 | ₹624 (44.44%) |
24 Dec 2024 | ₹432 | ₹192 | ₹624 (44.44%) |
23 Dec 2024 | ₹432 | ₹180 | ₹612 (41.67%) |
22 Dec 2024 | ₹432 | ₹175 | ₹607 (40.51%) |
21 Dec 2024 | ₹432 | ₹180 | ₹612 (41.67%) |
20 Dec 2024 | ₹432 | ₹185 | ₹617 (42.82%) |
19 Dec 2024 | ₹432 | ₹145 | ₹577 (33.56%) |
18 Dec 2024 | ₹432 | ₹120 | ₹552 (27.78%) |
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹410 to ₹432 per share | ₹ 2821 (28.14%) | ₹ 532.8 | 23.33% |
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 in | 2008 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 197.41 |
Non-Institutional Investors (NIIs) | 78.31 |
Retail Individual Investors (RIIs) | 22.62 |
Employee | 4.39 |
Total | 81.98 |