Transrail Lighting IPO Details: The Transrail Lighting IPO is scheduled to open on December 19, 2024, and close on December 23, 2024. This IPO follows the Book Built Issue format and aims to raise approximately ₹838.91 crores. The offering comprises a fresh issue of ₹400 crores and an Offer for Sale (OFS) of up to 1,01,60,000 equity shares with a face value of ₹2 each.
The IPO price band is set between ₹410 and ₹432 per share. The allocation quota reserves 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs). The shares are expected to list on both the BSE and NSE on December 27, 2024, with the allotment date scheduled for December 24, 2024.
Transrail Lighting has demonstrated significant financial growth, reporting revenue of ₹4,130 crores in FY 2024 compared to ₹3,172.03 crores in FY 2023. Its profit also saw a sharp increase, reaching ₹233.21 crores in FY 2024, up from ₹107.57 crores in FY 2023. Based on the company’s financial performance, long-term investors may find this IPO a compelling opportunity.
Transrail Lighting IPO Objectives:
The Company proposes to utilise the Net Proceeds towards funding the following objects:
- Incremental financingworking capital requirements of the company;
- Funding capital expenditure of the company; and
- General corporate purposes.
Transrail Lighting IPO Review (Apply or Not)
- Apply
Transrail Lighting IPO Date & Price Band Details:
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹410 to ₹432 Per Share |
| Issue Size: | Approx ₹838.91 Crores |
| Fresh Issue: | Approx ₹400 Crores |
| Offer for Sale: | Approx 1,01,60,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Transrail Lighting IPO Lot Size:
The minimum market lot for the Transrail Lighting IPO is 34 shares, requiring an application amount of ₹14,688. Retail investors can apply for a maximum of 13 lots, equivalent to 442 shares, with a total application amount of ₹1,90,944.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 34 | ₹14,688 |
| Retail Maximum | 13 | 442 | ₹1,90,944 |
| S-HNI Minimum | 14 | 476 | ₹2,05,632 |
| B-HNI Minimum | 68 | 2,346 | ₹10,13,472 |
Transrail Lighting IPO Timeline:
The Transrail Lighting IPO will open on December 24, 2024, and close on December 26, 2024. The allotment of shares will be finalized on December 27, 2024, with the IPO listing scheduled for December 31, 2024.
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Basis of Allotment: | December 24, 2024 |
| Refunds: | December 26, 2024 |
| Credit to Demat Account: | December 26, 2024 |
| IPO Listing Date: | December 27, 2024 |
Transrail Lighting IPO GMP Today:
The latest Grey Market Premium (GMP) for the Transrail Lighting IPO is ₹185. With a price band of ₹432, the estimated listing price for the IPO is ₹617 (cap price + today’s GMP). This reflects an expected potential gain of 42.82% per share.
Promoters of Transrail Lighting IPO
The promoters of Transrail Lighting are Ajanma Holdings Private Limited, Digambar Chunnilal Bagde, and Sanjay Kumar Verma.
About Transrail Lighting IPO
Transrail Lighting is a prominent player in the power transmission and distribution industry. With years of experience and a skilled team, the company has earned a strong reputation in its field. It operates manufacturing facilities for lattice structures, conductors, and monopoles, catering to both domestic and international markets.
The company has established its presence in 58 countries, including Bangladesh, Kenya, Nigeria, Finland, and Poland, handling turnkey EPC and supply projects. In addition to power transmission and distribution, Transrail Lighting also specializes in civil construction, poles and lighting, and railway infrastructure.
As of September 30, 2023, Transrail Lighting employed 1,575 people. The company has demonstrated steady growth, with revenue increasing from ₹2,139.09 crores in 2021 to ₹3,086.14 crores in 2023. Its expenses have also shown a decline, with total expenses reducing from ₹1,751 crores.
Transrail Lighting IPO Company Financial Report
The company reported revenue of ₹4130 crores in 2024 against ₹3,172.03 crore in 2023. The company reported Profit of ₹233.21 crores in 2024 against Profit of ₹107.57 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹2,357.2 | ₹2,266.53 | ₹64.71 | ₹2,841.87 |
| 2023 | ₹3,172.03 | ₹3,024.71 | ₹107.57 | ₹3,445.49 |
| 2024 | ₹4130 | ₹3,814.19 | ₹233.21 | ₹4,620.61 |
| June 2024 | ₹929.70 | ₹852.65 | ₹51.74 | ₹4,836.17 |
Transrail Lighting IPO Valuation – FY2024
Check Transrail Lighting IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 24.41% |
| ROCE: | 24.33% |
| EBITDA Margin: | 11.71% |
| PAT Margin: | 5.65% |
| Debt to equity ratio: | 0.56 |
| Earning Per Share (EPS): | ₹19.59 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 21.68% |
| Net Asset Value (NAV): | ₹86.79 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| KEC International Limited (Consolidated) | 13.49 | 91.95 | 8.50 | 159 | 19,914 Cr. |
| Kalpataru Projects International Limited (Consolidated) | 31.76 | 36.72 | 10.00 | 316 | 19,626 Cr. |
| Skipper Limited (Consolidated) | 7.66 | 75.97 | 9.10 | 84 | 3,282 Cr. |
| Patel Engineering Limited (Consolidated) | 3.64 | 15.57 | 9.56 | 38 | 4,544 Cr. |
| Bajaj Electricals Limited (Standalone) | 0.37 | 702.97 | 0.80 | 49 | 1,169 Cr. |
Transrail Lighting IPO Registrar
Link Intime India Pvt Limited
Phone: +91 810 811 4949
Email: transraillighting.ipo@linkintime.co.in
Website: www.linkintime.co.in
IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
Company Address
Transrail Lighting Limited
501, A, B, C, E Fortune 2000, Block G,
Bandra Kurla Complex, Bandra East,
Mumbai, Maharashtra 400 051 India
Phone: +91 22 6197 9600
Email: cs@transraillighting.com
Website: www.transrail.in
Transrail Lighting IPO FAQs
What is the Transrail Lighting IPO?
The Transrail Lighting IPO is a Mainboard IPO through which the company plans to raise ₹838.91 crores. The issue price is set between ₹410 and ₹432 per equity share, and the IPO will be listed on both BSE and NSE.
When will the Transrail Lighting IPO open for subscription?
The IPO will open for subscription on December 19, 2024, and close on December 23, 2024, for QIB, NII, and retail investors.
What is the investor allocation for the Transrail Lighting IPO?
The allocation for the Transrail Lighting IPO is as follows:
- Qualified Institutional Buyers (QIB): 50%
- Non-Institutional Investors (NII): 15%
- Retail Investors: 35%
How can I apply for the Transrail Lighting IPO?
You can apply for the Transrail Lighting IPO through the ASBA process online via your bank account. Alternatively, you can apply using UPI through your stockbroker’s platform or submit an offline application form via your stockbroker.
What is the issue size of the Transrail Lighting IPO?
The total issue size of the Transrail Lighting IPO is ₹838.91 crores.
What is the price band for the Transrail Lighting IPO?
The price band for the Transrail Lighting IPO is ₹410 to ₹432 per equity share.
What is the lot size for the Transrail Lighting IPO?
The minimum lot size for the Transrail Lighting IPO is 34 shares, with an application amount of ₹14,688.
When will the allotment for the Transrail Lighting IPO be finalized?
The allotment date for the Transrail Lighting IPO is December 24, 2024.
What is the listing date for the Transrail Lighting IPO?
The Transrail Lighting IPO is scheduled to list on December 27, 2024, on both BSE and NSE.
