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33.43x
subscribed
Transrail Lighting IPO
Power Generation/Distribution
listed
33.43x
subscribed
₹13,940Min. investment
About Transrail Lighting
Issue size
₹838Cr
IPO type
Mainboard
Market Cap
₹5,799CrLower than sector avg
Price range
₹410 – ₹432
Revenue
Apr 2023 - Mar 2024₹4,009CrLower than sector avg
Lot size
34 shares
Red Herring Prospectus
Read
Growth rate
3Y CAGR20.67%
SectorPower Generation/Distribution
Price range₹410 – ₹432
IPO type
Regular
Lot size34 shares
Issue size₹838Cr
Red Herring Prospectus
Read
Market Cap
₹5,799CrLower than sector avg
Revenue
Apr 2023 - Mar 2024₹4,009CrLower than sector avg
Growth rate
3Y CAGR20.67%
Checklist
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Working capital requirement
Around ₹250 crore from the net IPO proceeds will be used to fund the company’s incremental working capital requirements.Capital expenditures
The company will utilise ₹90.7 crore towards capital expenditure incurred through business operations. General corporate purposes
Part of the IPO net proceeds will be used for the general corporate purposes.About Transrail Lighting IPO
Incorporated in 2008, Transrail Lighting is an Indian engineering, procurement, and construction (EPC) company that focuses primarily on the power transmission and distribution (T&D) sector. The company has over four decades of experience and has successfully completed more than 200 projects globally. Its unexecuted order book stood at ₹10,100 crore in FY24, with international orders making up 64.47% of the total order book. In addition to EPC projects, the company operates in other segments, such as civil construction, poles and lighting, and railway services. The company has four manufacturing facilities in India, one each in Maharashtra and Gujarat and two facilities in Silvassa.
Latest News on IPO
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Transrail Lighting Ltd has set a price band of Rs 410-432 per share for its initial public offering (IPO), which will open for subscription on December 19 and close on December 23. Anchor bidding will begin on December 18. The basis of allotment is scheduled for December 24, with refunds initiated and equity shares credited to demat accounts by December 26.
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The IPO market stays active with four new IPOs opening soon, including Transrail Lighting and Mamata Machinery. Additionally, two SME IPOs, Identical Brains Studios and NACDAC Infrastructure, are set to raise a combined ₹29.95 crore. Along with new IPOs, five mainboard issues and seven SME IPOs will make their market debut next week.
4 min read
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Transrail Lighting IPO ?
The issue size of the Transrail Lighting IPO is 838 Cr.
What is 'pre-apply' for Transrail Lighting IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Transrail Lighting IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Pre-apply18 Dec 2024
- Bidding starts19 Dec 2024
- Bidding ends23 Dec 2024
- Allotment finalisation24 Dec 2024
- Release of funds26 Dec 2024
- Demat transfer26 Dec 2024
- Listing27 Dec 2024