Transrail Lighting Limited IPO is launching its IPO on 19 December 2024 and it will run until 23 December 2024. This mainboard IPO is following a book-built process and raising ₹838.91 crores from a combination of a fresh issue of 93 lakh equity shares amounting to ₹ 4000 crore and an Offer for sale (OFS) of 1.02 crore shares summing up to ₹ 438.91 crores.
The allotment date for Transrail Lighting Ltd. IPO will be finalized on Tuesday, 24 December 2024. Transrail Lighting shares will be probably listed on NSE and BSE on Friday, 27 December 2024 as decided as of now.
The price band of the Transrail Lighting IPO has been set between ₹410 and ₹432 apiece. The minimum ipo lot size is 34 shares for retail investors amounting to a minimum investment of ₹14688. While for sNII, the minimum number of lots they have to subscribe to is 14 or476 shares, amounting to ₹205632, and for bNII, the minimum number of lots is 68 or 2346 shares aggregating to ₹1013472.
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Transrail Lighting NSE BSE IPO Details
| Detail | Information |
| IPO Opening Date | December 19, 2024 |
| IPO Closing Date | December 23, 2024 |
| Tentative IPO Listing Date | December 27, 2024 |
| Face Value | ₹2 per share |
| Price Range | ₹410 to ₹432 per share |
| Lot Size | 34 shares |
| Total Issue Size | 19419259 shares (₹838.91 Cr) |
| Fresh Issue | 9259259 Shares (₹400 Cr.) |
| OFS | 10160000 shares (₹438.91 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE & BSE |
| Share Holding Pre-Issue | 124996767 shares |
| NII (HNI) Shares Offered | 134256026 shares |
Transrail Lighting Limited | Company Overview
Transrail Lighting Limited was established in 2008 as an engineering and construction firm, which is focused on the transmission and distribution of power and manufacturing of lattice structures, monopoles, and conductors.
The primary services of Transrail Lighting include –
- Transmission lines’ and distribution lines’ procurement, engineering, construction, and delivery
- EPC and designing services for civil constructions such as bridges, elevated roads, tunnels, and cooling towers
- Manufactures as well as provides services for lightning segments and poles. It deals in the installation process, testing, and supply as well.
- Transrail Lighting also offers overhead electrification services for railways, telecommunications, track linking, signaling, and earthworks.
The firm has already completed over 200 projects of transmission and distribution works. It has a presence across 58 countries which includes –
- Kenya
- Niger
- Nigeria
- Finland
- Cameroon
- Bangladesh
- Tanzania
- Mali
- Poland
- Others.
Transrail Lighting until 30 June 2024, completed engineering, procurement, and construction (EPC) of over 34654 CKM of transmission lines, and around 30000 CKM of distribution lines including both domestic and international projects. Then it supplied 1.3 MMT of towers, 458705 poles, and 194534 KM of conductors.
There are four manufacturing units of Transrail Lighting as per December 2024 data, which are situated in –
- Vadodara, Gujrat
- Deoli, Maharashtra
- Silvassa, Dadra
- Nagar Haveli
Transrail Lighting Limited IPO | Key Details
- Transrail Lighting IPO Opening Date: December 19, 2024,
- Transrail Lighting IPO Closing Date: December 23, 2024,
- Allotment Date: December 24, 2024
- Price Band: ₹410 to ₹ 432 per share
- Lot Size: 34 shares
- Refunds Initiated: December 26, 2024
- Shares Credited to Demat: December 26, 2024
- Listing Date: December 27, 2024
Transrail Lighting Ltd: Financial Overview
Transrail Lighting Limited generated 116.80% more profit after tax (PAT) in FY24 compared to FY23 with just a 30.20% increase in the revenue during the same period. It also increased its asset base by 34.11% in FY24.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 4,620.61 | 3,445.49 | 1,175.12 | 34.11 |
| Revenue | 4,130.00 | 3,172.03 | 957.97 | 30.20 |
| Profit After Tax | 233.21 | 107.57 | 125.64 | 116.80 |
| Net Worth | 1,075.87 | 709.15 | 366.72 | 51.71 |
| Total Borrowing | 643.19 | 604.92 | 38.27 | 6.33 |
FAQs | Transrail Lighting Ltd IPO
Transrail Lighting Ltd is engaged in the engineering, procurement, construction, design, supply, and other services for power transmission and distribution lines. It also deals in the manufacturing of conductors, poles, and other services and products.
The tentative IPO listing date of Transrail Lighting has been fixed as Friday, December 27, 2024.
The bidding date for the Transrail Lighting IPO is December 19, 2024, and it will continue until December 23, 2024.
The minimum IPO lot size for Transrail Lighting is 34 shares. For sNII, the minimum number of lots to be purchased is 14, while for bNII it is 68 lots.
The IPO allotment is expected to be finalized on Tuesday, December 24, 2024.
The IPO face value is set at ₹2 per share.
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