Transrail Lighting
Mainboard₹14,688 / 34 Shares
IPO Details
Transrail Lighting IPO is priced between ₹410-432 per equity share, with a face value of ₹2 per share. The company's equity shares will be listed on the Mainboard, and Link Intime India Private Ltd is managing the issue as the registrar.
The IPO bidding period opened on 19 Dec, 2024, and closed on 23 Dec, 2024. The allotment results will be announced on 24 Dec, 2024, with a tentative listing date set for 27 Dec, 2024.
The total issue comprises Total ₹838.91 Cr :#Fresh Issue : 92,59,259 shares, amounting to ₹400.00 Cr.
Transrail Lighting IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Dec 19, 2024 - Dec 23, 2024 | 27 Dec, 2024 | ₹2 Per Equity Share | ₹410-432 per equity share | 34 Shares | 92,59,259 Shares | 1,01,60,000 shares of ₹2 | BSE, NSE |
Transrail Lighting IPO Timeline
Issue Price
₹410-432 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdMarket Lot
Retail: 34 Shares (₹14,688/-)S-HNI: 476 Shares (₹2,05,632/-)
B-HNI: 2,346 Shares (₹10,13,472/-)
Lead Manager
Inga Ventures Pvt LtdAxis Capital LimitedHdfc Bank LimitedIdbi Capital Market Services LimitedIssue Size
Total ₹838.91 Cr :#Fresh Issue : 92,59,259 shares(aggregating up to ₹400.00 Cr) +
#OFS : 1,01,60,000 shares of ₹2(aggregating up to ₹438.91 Cr)
Retail Portion
35% (Number of Retail Applications: 1,95,377 Approx),(Number of S-HNI Applications : 1,993 Approx),(Number of B-HNI Applications : 3,986 Approx)Subscription
80.74 timesTransrail Lighting IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 4620.61 | 4130.00 | 233.21 | 1075.87 | - | 643.19 |
| 31 Mar 23 | 3445.49 | 3172.03 | 107.57 | 709.15 | - | 604.92 |
| 31 Mar 22 | 2841.87 | 2357.20 | 64.71 | 599.32 | - | 469.12 |
All values are in ₹ Cr.
Transrail Lighting IPO Valuations
EPS PRE IPO ₹18.66/- | EPS POST IPO ₹15.42/- | PE PRE IPO 23.15 | PE POST IPO 28.02 | ROE 24.41% |
ROCE 24.33% | DEBT EQUITY 0.56 | RONW 21.68% | PAT MARGIN 5.65 | PRICE TO BOOK VALUE 4.70 |
About Company
Transrail Lighting Limited is one of the India's leading EPC company with more than 40 years of experience in power transmission and distribution. It deals with turnkey solutions; it has its operations in Bangladesh, Kenya, and Nigeria, among other 58 countries.
As of September 30, 2023, it has completed approximately 33,500 circuit kilometres of transmission lines and 30,000 circuit kilometres of distribution lines globally with EPC services in substations up to 765 kV. In FY 2023, its revenue growth was 35.1%, surpassing the industry average.
Apart from power infrastructure, the company is strong in civil construction, poles and lighting, and railway projects, thereby making it a well-established and trusted global player in power solutions.
Transrail Lighting IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 37,95,889 | 28,46,917 18,97,945 9,48,972 | 66,42,805 | 1,37,15,425 |
| Day 1 - 19-12-24 05:00 PM | 0.78 x | 2.10 1.44 x 3.42 x | 2.87 x | 2.07 x |
| Day 2 - 20-12-24 05:00 PM | 1.38 x | 7.23 5.54 x 10.61 x | 6.90 x | 5.31 x |
| Day 3 - 23-12-24 05:00 PM | 201.06 x | 76.40 77.86 x 73.49 x | 21.96 x | 80.74 x |
Retail:19.14x
BHNI:15.64x
SHNI:72.77x times
Transrail Lighting IPO - Issue Objectives
- Incremental financingworking capital requirements of the company
- Funding capital expenditure of the company
- General corporate purposes.
Transrail Lighting
501, A,B,C,E Fortune 2000, Block G Bandra, Kurla Complex, Bandra, East Mumbai,-400051Link 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