Transrail Lighting IPO is set to open on December 24, 2024 and will close on December 26, 2024. The Transrail Lighting IPO is a Book Built Issue, aiming to raise approximately ₹838.91 crores. This includes a fresh issue of ₹400 crores and an offer for sale of up to 1,01,60,000 equity shares. The face value of each share is ₹2.
Transrail Lighting Price band is set between ₹410 to ₹432 per share. The quota allocation is 35% for Retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Transrail Lighting is scheduled to list on BSE & NSE on December 31, 2024 with the allotment announcement on December 27, 2024.
The company reported revenue of ₹3,086.14 crores in 2024, compared to ₹2,284.14 crores in 2023. It posted a Profit of ₹107.57 crores in 2024, compared to a Profit of ₹64.71 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- Transrail Lighting IPO Details
- Transrail Lighting IPO Market Lot
- Transrail Lighting IPO Dates
- About Transrail Lighting
- Promoters of Transrail Lighting
- Transrail Lighting Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- Transrail Lighting IPO GMP (Grey Market Premium)
- Transrail Lighting Subscription Status
- Transrail Lighting Allotment Status
- IPO Registrar
- IPO Lead Managers
- Transrail Lighting Contact
- FAQs
Transrail Lighting IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Transrail Lighting Limited |
| Industry | Power Transmission and Distribution |
| IPO Issue Type | Book Built Issue |
| Open Date | December 24, 2024 |
| Close Date | December 26, 2024 |
| Total Issue Size | Approx ₹838.91 Crores |
| Fresh Issue | Approx ₹400 Crores |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹410 to ₹432 Per Share |
| Listing on | BSE & NSE |
| Lot Size | 34 Shares Per Lot |
| Offer for Sale | Approx 1,01,60,000 Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Transrail Lighting IPO Market Lot
Transrail Lighting IPO has a minimum lot size of 34 shares, with an amount of ₹14,688.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 34 | ₹14,688 |
| Retail Maximum | 13 | 442 | ₹1,90,944 |
| S-HNI Minimum | 14 | 476 | ₹2,05,632 |
| B-HNI Minimum | 68 | 2,346 | ₹10,13,472 |
Transrail Lighting IPO Dates
Transrail Lighting IPO opens on December 24, 2024 and closes on December 26, 2024. The allotment will be announced on December 27, 2024, and the IPO will be listed on December 31, 2024.
| Event | Date |
|---|---|
| IPO Open Date | December 24, 2024 |
| IPO Close Date | December 26, 2024 |
| Basis of Allotment | December 27, 2024 |
| Refunds | December 30, 2024 |
| Credit to Demat Account | December 30, 2024 |
| IPO Listing Date | December 31, 2024 |
About Transrail Lighting
Transrail Lighting is a prominent company specializing in power transmission and distribution, known for its extensive experience and expert team. It operates state-of-the-art manufacturing facilities for lattice structures, conductors, and monopoles. The company has established a strong global presence, completing turnkey EPC and supply projects in 58 countries, including Bangladesh, Kenya, Nigeria, Finland, and Poland. Beyond transmission and distribution, Transrail Lighting is also involved in civil construction, poles and lighting solutions, and railway infrastructure. As of September 30, 2023, the company employed 1,575 professionals. Its financial performance has shown significant improvement, with revenue increasing from INR 2,139.09 crore in 2021 to INR 3,086.14 crore in 2023, while operational expenses have decreased over the same period.
Promoters of Transrail Lighting
- Ajanma Holdings Private Limited
- MR. Digambar Chunnilal Bagde
- MR. Sanjay Kumar Verma.
Transrail Lighting Financial Report
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 4,836.17 | 4,620.61 | 3,445.49 | 2,841.87 |
| Revenue | 929.70 | 4,130.00 | 3,172.03 | 2,357.20 |
| Profit After Tax | 51.74 | 233.21 | 107.57 | 64.71 |
| Net Worth | 1,140.65 | 1,075.87 | 709.15 | 599.32 |
| Total Borrowing | 603.43 | 643.19 | 604.92 | 469.12 |
| Amount in ₹ Crores | ||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.41% |
| ROCE | 24.33% |
| EBITDA Margin | 11.71% |
| PAT Margin | 5.65% |
| Debt to equity ratio | 0.56 |
| Earning Per Share (EPS) | ₹19.59 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 21.68% |
| Net Asset Value (NAV) | ₹86.79 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| KEC International Limited | 6.85 | 106.08 | 4.70 | 147.00 | 17,282 Cr. |
| Kalpataru Projects International Limited | 28.68 | 33.69 | 9.20 | 291.00 | 16,361 Cr. |
| Skipper Limited | 3.46 | 96.00 | 4.60 | 75.00 | 1,980 Cr. |
| Bajaj Electricals Limited | 18.79 | 53.00 | 11.30 | 166.00 | 5,429 Cr. |
| Patel Engineering Limited | 3.50 | 19.39 | 6.35 | 37.00 | 4,202 Cr. |
Objective of the Issue
- The proceeds will be utilized for funding incremental working capital requirements, capital expenditure, and general corporate purposes.
Transrail Lighting IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of Transrail Lighting, please visit the IPO GMP page.
Transrail Lighting Subscription Status
This IPO subscription kicks off in 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Transrail Lighting Allotment Status
To check the Transrail Lighting IPO allotment status, visit the IPO register website Link Intime or go to the IPO Allotment page.
IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: transraillighting.ipo@linkintime.co.in
Website: www.linkintime.co.in
IPO Lead Managers
AXIS CAPITAL LIMITED
1st Floor, Axis House C-2 Wadia International Center
Pandurang Budhkar Marg, Worli Mumbai – 400 025 Maharashtra
Phone: +91 22 4325 2183
Email: transrail.ipo@axiscap.in
Website: www.axiscapital.co.in
Transrail Lighting Contact
TRANSRAIL LIGHTING LIMITED
501, A, B, C, E Fortune 2000, Block G,
Bandra Kurla Complex, Bandra East,
Mumbai, Maharashtra 400 051 India
Phone: +91 22 6197 9600
Email: cs@transraillighting.com
Website: www.transrail.in
FAQs
What is Transrail Lighting’s IPO?
Transrail Lighting’s IPO is a Mainboard IPO. The company is going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.
When Transrail Lighting IPO will open for subscription?
The IPO is to open on December 24, 2024, for QIB, NII, and Retail Investors. The IPO will close on December 26, 2024.
What is Transrail Lighting’s IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply for the Transrail Lighting’s IPO?
You can apply for Transrail Lighting’s IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Transrail Lighting’s IPO Issue Size?
Transrail Lighting’s IPO issue size is ₹[.] crores.
Note: Transrail Lighting’s IPO price band and date have been officially announced. Transrail Lighting’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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