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Transrail Lighting IPO is a book built issue. The issue comprises of fresh issue of Rs 400.00 crore and offer for sale of 1.02 crore shares.
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 bands are yet to be announced.
Inga Ventures Pvt Ltd, Axis Capital Limited, Hdfc Bank Limited and 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.
IPO Date | December 19, 2024 to December 23, 2024 |
Listing Date | [.] |
Face Value | ₹2 per share |
Price | [.] to [.] per share |
Lot Size | |
Total Issue Size | [.] shares (aggregating up to ₹[.] Cr) |
Fresh Issue | [.] shares (aggregating up to ₹400.00 Cr) |
Offer for Sale | 10,160,000 shares of ₹2 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 124,996,767 |
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Issue |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII (HNI) Shares Offered | Not Less than 15% of the Net Issue |
Transrail Lighting IPO opens on December 19, 2024, and closes on December 23, 2024.
IPO Open Date | Thursday, December 19, 2024 |
IPO Close Date | Monday, December 23, 2024 |
Basis of Allotment | Tuesday, December 24, 2024 |
Initiation of Refunds | Thursday, December 26, 2024 |
Credit of Shares to Demat | Thursday, December 26, 2024 |
Listing Date | Friday, December 27, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on December 23, 2024 |
The Promoters of the Company are Ajanma Holdings Private Limited, Digambar Chunnilal Bagde and Sanjay Kumar Verma.
Share Holding Pre Issue | 84.50% |
Share Holding Post Issue |
Incorporated in February 2008, Transrail Lighting Limited 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:-
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:
Transrail Lighting Limited's revenue increased by 30.2% and profit after tax (PAT) rose by 116.8% between the financial year ending with March 31, 2024 and March 31, 2023.
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 4,836.17 | 4,620.61 | 3,445.49 | 2,841.87 |
Revenue | 929.70 | 4,130.00 | 3,172.03 | 2,357.20 |
Profit After Tax | 51.74 | 233.21 | 107.57 | 64.71 |
Net Worth | 1,140.65 | 1,075.87 | 709.15 | 599.32 |
Total Borrowing | 603.43 | 643.19 | 604.92 | 469.12 |
Amount in ₹ Crore |
KPI as of March 31, 2024.
KPI | Values |
---|---|
ROE | 24.41% |
ROCE | 24.33% |
Debt/Equity | 0.56 |
RoNW | 21.68% |
PAT Margin (%) | 5.65 |
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
Transrail Lighting IPO is a main-board IPO of [.] equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per share. The minimum order quantity is .
The IPO opens on December 19, 2024, and closes on December 23, 2024.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Transrail Lighting IPO using UPI as a payment gateway. Zerodha customers can apply in Transrail Lighting IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Transrail Lighting IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Transrail Lighting IPO opens on December 19, 2024 and closes on December 23, 2024.
Transrail Lighting IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Transrail Lighting IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Transrail Lighting IPO will be done on Tuesday, December 24, 2024, and the allotted shares will be credited to your demat account by Thursday, December 26, 2024. Check the Transrail Lighting IPO allotment status.
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