Transrail Lighting IPO Details
The Transrail Lighting IPO is a book build issue with a total issue size of ₹838.91 cr, comprising of fresh issue of 9259259 equity shares., and a offer for sale of 10160000 equity shares. Transrail Lighting IPO opened for subscription on Dec 19, 2024 and closed on Dec 23, 2024. Transrail Lighting IPO is set price band at ₹410 to ₹432 per share, with a lot size of 34 shares. Minimum investment for Retail investors was ₹14,688.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 24, 2024, and listed on both the NSE and BSE on Dec 27, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Axis Capital Limited, Inga Ventures Pvt Ltd, Hdfc Bank Limited and Idbi Capital Market Services Limited are the Book Running Lead Manager for the issue.
Before investing in the Transrail Lighting IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 410 – 432
- Lot Size
- 34
- Issue Size
- ₹838.91 Cr
- Minimum Investment
- ₹14688 (34 Shares)
- Listing Date
- 27 December 2024
Current GMP
₹165 (+38.19%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Transrail Lighting Limited
Transrail Lighting Limited is an Indian engineering, procurement, and construction (EPC) company with a primary focus on power transmission and distribution. The company offers integrated manufacturing capabilities for lattice structures, conductors, and monopoles. With over 40 years of experience, Transrail has completed more than 200 projects globally, including key markets in Asia, Africa, and India.
The company’s services span the power transmission and distribution sector, including the design, engineering, procurement, and construction (EPC) of transmission lines and substations up to 765 kV. Transrail has a significant footprint, having worked in 58 countries, including Bangladesh, Kenya, and Nigeria, and has undertaken substantial projects in transmission and distribution with a total of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines by June 2024.
Beyond its core power transmission business, Transrail operates in civil construction, manufacturing poles and lighting, and provides railway services. It has designed and constructed major civil infrastructure projects, such as the Kosi Bridge, and offers manufacturing and EPC services for products like high masts, street poles, and solar streetlights. The railway division focuses on overhead electrification and other railway infrastructure, with operations in India.
Transrail’s strategic investments in backward integration, including the manufacturing of towers, conductors, and poles, have strengthened its ability to provide comprehensive solutions while reducing reliance on third-party suppliers. The company caters to a diverse range of clients, including government entities and private power transmission and distribution companies. It has expanded its operations globally, with key clients in countries such as Bangladesh, Mozambique, and Kenya, and continues to grow through strong relationships with clients like Power Grid Company of Bangladesh and Kenya Power.
As of June 2024, Transrail’s order book includes both domestic and international projects, supported by multilateral funding and letters of credit. With a robust project execution capability, the company continues to be a trusted partner in the EPC sector, leveraging its extensive experience, manufacturing facilities, and global presence to meet the evolving needs of the power transmission and distribution industry.
Transrail Lighting IPO Promoters
- AJANMA HOLDINGS PRIVATE LIMITED
- DIGAMBAR CHUNNILAL BAGDE
- SANJAY KUMAR VERMA
Promoters Holding
Holding Pre Issue
84.50%
Holding Post Issue
0.00%
Transrail Lighting IPO Objective
The Company proposes to utilise the Net Proceeds towards funding the following objects:
- Incremental financingworking capital requirements of the company.
- Funding capital expenditure of the company.
- General corporate purposes.
Address / Contact Info
Transrail Lighting Limited
501, A,B,C,E Fortune 2000, Block G Bandra
Kurla Complex, Bandra East Mumbai,
Maharashtra 400 051
Phone: +91 22 6197 9600
Email: cs@transraillighting.com
Website: https://transrail.in/
IPO Snapshot
Book Running Lead Managers
- Axis Capital Limited
- Inga Ventures Pvt Ltd
- Hdfc Bank Limited
- Idbi Capital Market Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Transrail Lighting IPO is a Book-building IPO with a total issue size of ₹838.91 crore. The Transrail Lighting IPO price band is ₹410 to 432 per share. The Transrail Lighting IPO subscription opens on Thu, Dec 19, 2024, and closes on Mon, Dec 23, 2024. The Transrail Lighting IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Transrail Lighting IPO.
The Transrail Lighting IPO opens on Thu, Dec 19, 2024 and closes on Mon, Dec 23, 2024
Transrail Lighting IPO Price Band is ₹410 to 432 per share.
Transrail Lighting IPO lot size is 34 shares, Retail investors need a minimum investment of ₹14688 based on the upper price band
The minimum investment for Transrail Lighting IPO is ₹14688, based on one lot of 34 shares at the upper price band of ₹432 per share.
Investors can apply for the Transrail Lighting IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Dec 23, 2024. The application amount remains blocked until the Transrail Lighting IPO allotment is finalized.
Transrail Lighting IPO issue size is ₹838.91 crores.
Transrail Lighting IPO allotment date is Wed, Jul 1, 2026.
The registrar for Transrail Lighting IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Transrail Lighting IPO allotment status, refund processing, and other IPO-related information.
The Transrail Lighting IPO GMP (Grey Market Premium) is ₹165 as of Fri, Dec 27, 2024. Based on the upper price band of ₹432 per share, the estimated Transrail Lighting IPO listing price is ₹597, indicating a potential listing gain of approximately 0% over the issue price.