Transrail Lighting IPO
- IPO Date19 Dec, 2024 to 23 Dec, 2024
- Listing Date27 Dec, 2024
- Face Value₹2 per share
- Issue Price₹410 to ₹432 per share
- Lot Size34 Shares
- Minimum Investment₹14,688
- Listing AtBSE, NSE
- Total Issue Size1,94,19,259 Shares
(aggregating up to ₹838.91 Cr) - Fresh Issue92,59,259 Shares
(aggregating up to ₹400.00 Cr)
- Offer for Sale1,01,60,000 Shares
(aggregating up to ₹438.91 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue12,49,96,767
- Shareholding post issue13,42,56,026
IPO Dates
Closing Date
23 Dec, 2024
Initiation of Refunds
26 Dec, 2024
Listing Date
27 Dec, 2024
19 Dec, 2024
Opening Date
24 Dec, 2024
Basis of Allotment
26 Dec, 2024
Credit of Shares
Transrail Lighting Lot Size
Investors can bid for a minimum of 34 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 13 | 442 | ₹1,90,944 |
| Retail (Min) | 1 | 34 | ₹14,688 |
| B-HNI (Min) | 69 | 2346 | ₹10,13,472 |
| S-HNI (Max) | 68 | 2312 | ₹9,98,784 |
| S-HNI (Min) | 14 | 476 | ₹2,05,632 |
Transrail Lighting Promoter Holding
The Promoters of the Company are Ajanma Holdings Private Limited, Digambar Chunnilal Bagde and Sanjay Kumar Verma.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 84.5% | - |
Transrail Lighting COMPANY INFORMATION
Transrail Lighting IPO is a book built issue of Rs 838.91 crores. The issue is a combination of fresh issue of 0.93 crore shares aggregating to Rs 400.00 crores and offer for sale of 1.02 crore shares aggregating to Rs 438.91 crores. Transrail Lighting IPO opens for subscription on December 19, 2024 and closes on December 23, 2024. The allotment for the Transrail Lighting IPO is expected to be finalized on Tuesday, December 24, 2024. Transrail Lighting IPO will list on BSE, NSE with tentative listing date fixed as Friday, December 27, 2024. Transrail Lighting IPO price band is set at ₹410 to ₹432 per share. The minimum lot size for an application is 34. The minimum amount of investment required by retail investors is ₹14,688. The minimum lot size investment for sNII is 14 lots (476 shares), amounting to ₹2,05,632, and for bNII, it is 69 lots (2,346 shares), amounting to ₹10,13,472. Inga Ventures Pvt Ltd, Axis Capital Limited, Hdfc Bank Limited, Idbi Capital Market Services Limited are the book running lead managers of the Transrail Lighting IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Transrail Lighting IPO RHP for detailed information.
Incorporated in February 2008, Transrail Lighting is an engineering and construction company focused on power transmission and distribution and manufacturing lattice structures, conductors, and monopoles.
The company provides the following services:-
- Supply, engineering, procurement and construction of transmission lines and distribution lines.
- EPC services in civil construction including design in relation to bridges, tunnels, elevated roads and cooling towers.
- Act as manufacturers and service providers in the poles and lighting segment, including supply, installation, and testing.
- The company provides railway services, including overhead electrification, signalling, telecommunication, earthworks, and track linking.
Since its inception, the company has completed over 200 power transmission and distribution projects. The company has a presence in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, with turnkey EPCs and supply projects.
As of June 30, 2024, the company has completed the EPC of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally.
As of December 2024, the company has four manufacturing units. The first one is situated in Vadodara Gujrat, second one in Deoli, Maharashtra,and third and fourth one in Silvassa, Dadra and Nagar Haveli respectively.
As of June 30, 2024, the company supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles.
As of June 30, 2024, the company has 114 employees in the design and engineering team.
Competitive Strength:
- Strong and diversified Order Book
- Established manufacturing facilities in four locations
- Proven track record of growth and established presence in the power transmission and distribution sector through effective implementation and execution skills.
FAQs About Transrail Lighting Ipo
Transrail Lighting IPO will open on 19 Dec, 2024 and close on 23 Dec, 2024. Investors must apply within this period to participate.
The Transrail Lighting IPO price band is set between ₹410.00 and ₹432.00 per share. The minimum lot size is 34, requiring an investment of at least ₹14688.00.
The Transrail Lighting IPO shares are expected to be listed on 27 Dec, 2024, subject to regulatory approvals and final allotment.
You can track your Transrail Lighting IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Transrail Lighting IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.