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Transrail Lighting Share Price Highlights: Stock settles 6% lower after listing at 36.57% premium on NSE
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5 min read | Updated on December 27, 2024, 15:37 IST
SUMMARY
Transrail Lighting Share Price: Transrail Lighting shares were listed at ₹590 apiece on the National Stock Exchange (NSE) on Friday, December 27, a premium of 36.57% to the issue price of ₹432 apiece.
Transrail Lighting is an engineering, procurement and construction firm focusing on the power transmission and distribution business.
Transrail Lighting IPO Listing, Share Price Live Update at 3:37 pm: Transrail Lighting shares settled 6% lower at ₹554.5 apiece on the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 3:09 pm: Price information
- Current price: ₹555.30 (-5.88%)
- Issue price: ₹432
- Open: ₹590
- High: ₹605
- Low: ₹544.50
Transrail Lighting IPO Listing, Share Price Live Update at 2:22 pm: Board of Directors
- Digambar Bagde, Executive Chairman
- Randeep Narang, Managing Director and CEO
- Shrikant Chaturvedi, Non-Exceutive Director
- Sanjay Verma, Non-Exceutive Director
- Vita Jalaj Dani, Additional
- Ravita Punawani, Independent Director
- Vinod Dasari, Independent Director
- Ranjit Jatar, Independent Director
- Ashish Gupta, Independent Director
- Major General Dr Dilawar Singh, Independent Director
Transrail Lighting IPO Listing, Share Price Live Update at 1:45 pm: After listing at 36.57% premium, shares of Transrail Lighting are down 3.22% to ₹568 apiece on the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 1:28 pm: The stock is down 2.88% to ₹573 per share on the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 12:46 pm: Transrail Lighting shares are trading at ₹572 a unit, down 3%, on the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 12:18 pm: Shares of Transrail Lighting Ltd jumped nearly 37% on the debut trade on Friday against the issue price of ₹432.
Shares of the firm listed at ₹590, surging 36.57% at the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 11:45 am: The market capitalisation of the company stands at ₹7,663.33 crore as shares are down 3.25% to ₹570.80 apiece.
Transrail Lighting IPO Listing, Share Price Live Update at 11:27 am: Trading stats
Traded volume: 144.88 lakhs Traded value: ₹839.32 crore Total market cap: ₹7,704.95 crore
Transrail Lighting IPO Listing, Share Price Live Update at 10:54 am: Price information
- Current price: ₹570.60 (-3.29%)
- Issue price: ₹432
- Open: ₹590
- High: ₹605
- Low: ₹544.50
Transrail Lighting IPO Listing, Share Price Live Update at 10:34 am: The stock is down 3.48% to ₹569.45 per share on the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 10:11 am: After listing at 36.57% premium, shares of Transrail Lighting were down 2.63% to ₹574.5 a unit on the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 10:02 am: Transrail Lighting shares were trading 0.52% lower after listing at 36.57% premium on the NSE.
Transrail Lighting IPO Listing, Share Price Live Update at 9:57 am: The stock debuted at a premium of 35.45% at ₹585.15 apiece on the BSE.
Transrail Lighting IPO Listing, Share Price Live Update at 9:41 am: Transrail Lighting shares were listed at ₹590 apiece on the National Stock Exchange (NSE) on Friday, December 27, a premium of 36.57% to the issue price of ₹432 apiece.
Transrail Lighting IPO Listing, Share Price Live Update at 9:35 am: Shares to debut on the NSE and the BSE shortly.
Transrail Lighting IPO Listing, Share Price Live Update at 9:22 am: Subscription details
| Category | Number of Times Subscription |
|---|---|
| Qualified Institutional Buyers (QIBs) | 201.06 |
| Non-institutional Investors (NIIs) | 76.41 |
| Retail | 22.07 |
| Total | 80.80 |
Transrail Lighting IPO Listing, Share Price Live Update at 9:09 am: Financials
| Particulars | FY22 | FY23 | FY24 | Q1FY25 |
|---|---|---|---|---|
| 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 |
Transrail Lighting IPO Listing, Share Price Live Update at 8:57 am: Issue's book running lead manager
Nuvama Wealth Management Ltd was the issue's book-running lead manager, while Link Intime India was the registrar.
Transrail Lighting IPO Listing, Share Price Live Update at 8:44 am: Objectives
- Incremental working capital requirements
- Capital expenditure
- General corporate purposes
Transrail Lighting IPO Listing, Share Price Live Update at 8:34 am: What was the IPO timeline?
- Bidding dates: December 19-December 23
- Allotment finalisation: December 25
- Refund initiation: December 26
- Listing: December 27
Transrail Lighting IPO Listing, Share Price Live Update at 8:27 am: Price band
The company had set a price range of ₹410-₹432 per share.
Transrail Lighting IPO Listing, Share Price: Transrail Lighting shares will hit the bourses- the National Stock Exchange (NSE) and the BSE - on Friday, December 27. Transrail Lighting IPO allotment status was finalised on Wednesday.
The ₹838.91 crore Transrail Lighting IPO was booked 80.80 times, as bids for 1,12,44,40,452 equity shares were received compared to the 1,39,16,742 equity shares on offer during the subscription period from December 19 to December 23.
Transrail Lighting IPO listing date and time
Shares of Transrail Lighting will debut on the NSE and the BSE on Friday, December 27 at 10 am.
Transrail Lighting is an engineering, procurement and construction firm focusing on the power transmission and distribution business.
To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.
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