The IPO of Transrail Lighting is being offered through a book-built issue. The issue includes a fresh issue of Rs 400.00 crore and an offer for sale of 1.02 crore shares.
The subscription period for Transrail Lighting IPO is scheduled to open on December 19, 2024, and close on December 23, 2024. The finalization of allotment is anticipated to take place on Tuesday, December 24, 2024. The listing of Transrail Lighting IPO on BSE and NSE is tentatively set for Friday, December 27, 2024.
Get the Transrail Lighting IPO RHP for detailed information.
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | December 27, 2024 |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 410 to ₹ 432 / Share |
| Lot Size | 34 Shares |
| Total Issue Size | ₹838.91 Cr |
| Fresh Issue | ₹400.00 Cr |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 124,996,767 |
| Share holding post issue | 13,42,56,026 |
| Market Maker portion |
Transrail Lighting Limited IPO opens on December 19, 2024, and closes on December 23, 2024.
| IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 |
| Basis of Allotment | December 24, 2024 |
| Initiation of Refunds | December 26, 2024 |
| Credit of Shares to Demat | December 26, 2024 |
| Listing Date | December 27, 2024 |
| Cut-off time for UPI mandate confirmation | February 3, 2025 |
A minimum of 34 shares can be bid for by investors, with additional shares available in multiples thereof. The minimum and maximum investments, in terms of shares and amount, are depicted in the table below for retail investors and HNIs.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | Rs.14,688 |
| Retail (Max) | 13 | 442 | Rs.190,944 |
| S-HNI (Min) | 14 | 476 | Rs.205,632 |
| S-HNI (Max) | 68 | 2,312 | Rs.998,784 |
| B-HNI (Min) | 69 | 2,346 | Rs.1,013,472 |
| HNI (Min) |
| Share Holding Pre Issue | 84.50% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50% of the Net Issue |
|
| NII (HNI) Shares Offered | Not Less than 15% of the Net Issue |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35% of the Net Issue |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Incorporated in February 2008, Transrail Lighting Limited is recognized as an engineering and construction company specializing in power transmission and distribution, as well as the manufacturing of lattice structures, conductors, and monopoles.
The following services are offered by the company:
| KPI | Values |
|---|---|
| ROE | 24.41% |
| ROCE | 24.33% |
| Debt/Equity | 0.56 |
| RoNW | 21.68% |
| P/BV | 5.65 |
| PAT Margin (%) |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
The Net Proceeds are proposed to be utilized for the following purposes:
Transrail Lighting Limited 501, A,B,C,E Fortune 2000, Block G Bandra Kurla Complex, Bandra East Mumbai,-400051 Phone: +91 22 6197 9600 Email: cs@transraillighting.com Website: https://transrail.in/ |
Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: transraillighting.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
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