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  1. Transrail Lighting IPO allotment today: Steps to check status online on Link Intime India, NSE, BSE

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Transrail Lighting IPO allotment today: Steps to check status online on Link Intime India, NSE, BSE

Upstox

3 min read | Updated on December 24, 2024, 14:53 IST

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SUMMARY

Transrail Lighting IPO allotment status: Investors who applied for Transrail Lighting IPO can check finalisation details on the websites of registrar Link Intime India, the NSE, and the BSE.

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Transrail Lighting is one of the leading Indian engineering, procurement and construction (EPC) companies with a primary focus on the power transmission and distribution business.

Transrail Lighting IPO allotment status: After receiving 80.80 times subscription during the three-day bidding period, the allotment status of Transrail Lighting is all set to be finalised on Tuesday, December 24.

The ₹838.91 crore initial share sale received bids for 112.44 crore shares compared to 1.39 crore equity shares on offer, according to the consolidated data on the NSE.

The demand was led by qualified institutional buyers, who subscribed to their portion a staggering 201.06 times. The non-institutional investors' quota garnered 76.41 times the subscription, while the retail investors' chunk attracted 22.07 times the subscription.

Investors who applied for Transrail Lighting IPO can check finalisation details on the websites of registrar Link Intime India, the BSE, and the NSE.

How to check Transrail Lighting IPO allotment status on Link Intime

Transrail Lighting IPO allotment status: How to check allotment status on NSE

  • Visit the allotment status page of NSE HERE.
  • Log in
  • Select 'Transrail Lighting Ltd'
  • Required details such as application number and PAN
  • Click on the 'Submit'
One can also visit NSE's website to check the Transrail Lighting IPO allotment status.

Transrail Lighting IPO listing date

Transrail Lighting's shares will hit the NSE and the BSE on Friday, December 27 at 10 am.

The IPO, with a price range of ₹410-₹432 per share, consisted of a fresh issuance of shares worth ₹400 crore and an offer for sale of over one crore shares.

The funds raised will be used for objectives such as funding incremental working capital requirements, supporting capital expenditures, and corporate general purposes.

Transrail Lighting is among the major engineering, procurement, and construction (EPC) firms. Its main focus is on the power transmission and distribution business as well as integrated manufacturing facilities for conductors, lattice structures, and monopoles.

The company has a presence in more than 58 countries.

Transrail Lighting financials

ParticularsFY22FY23FY24Q1FY25
Revenue₹2,284 cr₹3,086 cr₹4,009 cr₹896.9 cr
Net Profit₹64.71 cr₹107.57 cr₹233.21 cr₹51.74 cr
To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

About The Author

Upstox
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