Transrail Lightning is an Indian engineering, procurement and construction (EPC) company in India. The key focus of the company is on power transmission and distribution and have integrated manufacturing facilities for lattice structures, conductors, and monopoles. As of June 30, 2024, it has engineered, procured, and constructed 34,654 CKM transmission lines and 30,000 CKM distribution lines, both domestically and internationally. It has a strong footprint in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, Nicaragua etc.
Transrail Lighting IPO open date is December 19, 2024 and the IPO will close on December 23, 2024. The company to raise around ₹838.91 crores via IPO that comprises fresh issue of ₹400 crores and offer for sale up to 1,01,60,000 equity shares with face value of ₹2 each.
Transrail Lighting IPO price band is ₹410 to ₹432 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Transrail Lighting IPO to list on BSE, NSE on December 27, 2024. The allotment of Transrail Lighting IPO date is December 24, 2024. 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.
Transrail Lighting IPO 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 |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Transrail Lighting IPO Timeline
The Transrail Lighting IPO date is December 24 and the close date is December 26. The Transrail Lighting IPO allotment will be finalized on December 27 and the IPO listing on December 31.
| 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 Lots
| IPO Activity | Date |
|---|---|
| Issue Price | ₹410.00-432.00 |
| Market Lot: | 34 Shares |
| 1 Lot Amount: | ₹14688 |
| Min Small HNI Lots(2-10 Lakh): | 476 shares (14 lots) – ₹205632 |
| Min Big HNI Lots(10+ Lakh): | 2346 shares (69 lots) – ₹1013472 |
Transrail Lighting Limited: Financial Information for Investors
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 |
