Check out the Transrail Lighting IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Transrail Lighting has started off strong. Stay tuned for the latest updates on Transrail Lighting IPO GMP.
Transrail Lighting IPO is set to open on December 24, 2024. The Transrail Lighting IPO is a Mainboard IPO. The Transrail Lighting IPO Price band is fixed at ₹[.] to ₹[.] with a lot of [.] shares.
About Transrail Lighting IPO
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.
Transrail Lighting IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 26, 2024 | ₹ 175 (40.51%) |
| December 25, 2024 | ₹ 175 (40.51%) |
| December 24, 2024 | ₹ 192 (44.44%) |
| December 23, 2024 | ₹ 192 (44.44%) |
| December 22, 2024 | ₹ 180 (41.67%) |
| December 21, 2024 | ₹ 175 (40.51%) |
| December 20, 2024 | ₹ 180 (41.67%) |
| December 19, 2024 | ₹ 185 (42.82%) |
| December 18, 2024 | ₹ 145 (33.56%) |
| December 17, 2024 | ₹ 120 (27.78%) |
| December 16, 2024 | ₹ 120 (27.78%) |
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 Dates
| 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 |
FAQs
What is the Current GMP for Transrail Lighting IPO?
The Transrail Lighting IPO GMP is ₹- as of today.
What are the Expected Returns for Transrail Lighting IPO?
The expected returns for Transrail Lighting IPO are -%.
Disclaimer:
- The IPO Grey Market Premium (Transrail Lighting IPO) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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