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Transrail Lighting Limited IPO (Transrail Lighting IPO) Detail

December 19, 2024 - December 23, 2024

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.

Transrail Lighting IPO Details

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 Sale10,160,000 shares of ₹2
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue124,996,767

Transrail Lighting IPO Reservation

Investor Category Shares Offered
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue
NII (HNI) Shares OfferedNot Less than 15% of the Net Issue

Transrail Lighting IPO Timeline (Tentative Schedule)

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

Transrail Lighting IPO Promoter Holding

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

About Transrail Lighting Limited

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:-

  • 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.

Transrail Lighting Limited Financial Information (Restated Consolidated)

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 Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets4,836.174,620.613,445.492,841.87
Revenue929.704,130.003,172.032,357.20
Profit After Tax51.74233.21107.5764.71
Net Worth1,140.651,075.87709.15599.32
Total Borrowing603.43643.19604.92469.12
Amount in ₹ Crore

Key Performance Indicator

KPI as of March 31, 2024.

KPI Values
ROE24.41%
ROCE24.33%
Debt/Equity0.56
RoNW21.68%
PAT Margin (%)5.65

Objects of the Issue (Transrail Lighting IPO Objectives)

The Company proposes to utilise the Net Proceeds towards funding the following objects:
  1. Incremental financingworking capital requirements of the company;
  2. Funding capital expenditure of the company; and
  3. General corporate purposes.

Transrail Lighting IPO Prospectus

Transrail Lighting IPO Rating

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Transrail Lighting Limited Contact Details

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/

Transrail Lighting IPO Registrar

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 - Buy or Not

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Transrail Lighting IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Transrail Lighting IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

The Transrail Lighting IPO listing date is not yet announced. The tentative date of Transrail Lighting IPO listing is Friday, December 27, 2024.
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