Transrail Lighting IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 19 to Dec 23 2024
Price Band
₹410 - 432
Current GMP
₹590 (36.57%)
Subscription
81.98 times
IPO Details
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | Friday, December 27, 2024 |
| Face Value | ₹2 per share |
| Price Band | ₹410 to ₹432 per share |
| Lot Size | 34 Shares |
| Total Issue Size | 1,94,19,259 shares (aggregating up to ₹838.91 Cr) |
| Fresh Issue | 92,59,259 shares (aggregating up to ₹ 400.00 Cr) |
| Offer for Sale | 1,01,60,000 shares of ₹2 (aggregating up to ₹438.91 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 12,49,96,767 shares |
| Share Holding Post Issue | 13,42,56,026 shares |
IPO Date
December 19, 2024 to December 23, 2024
Listing Date
Friday, December 27, 2024
Face Value
₹2 per share
Price Band
₹410 to ₹432 per share
Lot Size
34 Shares
Total Issue Size
1,94,19,259 shares (aggregating up to ₹838.91 Cr)
Fresh Issue
92,59,259 shares (aggregating up to ₹ 400.00 Cr)
Offer for Sale
1,01,60,000 shares of ₹2 (aggregating up to ₹438.91 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share Holding Pre Issue
12,49,96,767 shares
Share Holding Post Issue
13,42,56,026 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 197.41 |
| Non-Institutional Buyers | 78.31 |
| bNII (bids above ₹10L) | 79.8 |
| sNII (bids below ₹10L) | 75.34 |
| Retail Investors | 22.62 |
| Employees | 4.39 |
| Total ** | 81.98 |
Anchor Investors
1
Qualified Institutions
197.41
Non-Institutional Buyers
78.31
bNII (bids above ₹10L)
79.8
sNII (bids below ₹10L)
75.34
Retail Investors
22.62
Employees
4.39
Total **
81.98
Day Wise Sub
| Day | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
| Day 1 Dec 19, 2024 | 0.77 | 2.17 | 1.48 | 3.54 | 2.98 | 0.7 | 2.13 |
| Day 2 Dec 20, 2024 | 1.36 | 7.42 | 5.67 | 10.92 | 7.13 | 1.53 | 5.42 |
| Day 3 Dec 23, 2024 | 197.41 | 78.31 | 79.8 | 75.34 | 22.62 | 4.39 | 81.98 |
DayDay 1
Dec 19, 2024
QIB0.77
NII2.17
NII (> ₹10L)1.48
NII (< ₹10L)3.54
Retail2.98
EMP0.7
Total2.13
DayDay 2
Dec 20, 2024
QIB1.36
NII7.42
NII (> ₹10L)5.67
NII (< ₹10L)10.92
Retail7.13
EMP1.53
Total5.42
DayDay 3
Dec 23, 2024
QIB197.41
NII78.31
NII (> ₹10L)79.8
NII (< ₹10L)75.34
Retail22.62
EMP4.39
Total81.98
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 27-12-2024 | 432.00 | 165(38.19%) | 597 |
| 26-12-2024 | 432.00 | 165(38.19%) | 597 |
| 25-12-2024 | 432.00 | 175(40.51%) | 607 |
| 24-12-2024 | 432.00 | 192(44.44%) | 624 |
| 23-12-2024 | 432.00 | 192(44.44%) | 624 |
| 22-12-2024 | 432.00 | 180(41.67%) | 612 |
| 21-12-2024 | 432.00 | 175(40.51%) | 607 |
| 20-12-2024 | 432.00 | 180(41.67%) | 612 |
| 19-12-2024 | 432.00 | 185(42.82%) | 617 |
| 18-12-2024 | 432.00 | 145(33.56%) | 577 |
| 17-12-2024 | 432.00 | 120(27.78%) | 552 |
| 16-12-2024 | 432.00 | 120(27.78%) | 552 |
| 15-12-2024 | 0(0%) | (0%) | |
| 14-12-2024 | 0(0%) | (0%) | |
| 13-12-2024 | 0(0%) | (0%) | |
| 12-12-2024 | 0(0%) | (0%) | |
| 11-12-2024 | 0(0%) | (0%) |
Date27-12-2024
Price432.00
GMP165(38.19%)
Estimate List Price597
Date26-12-2024
Price432.00
GMP165(38.19%)
Estimate List Price597
Date25-12-2024
Price432.00
GMP175(40.51%)
Estimate List Price607
Date24-12-2024
Price432.00
GMP192(44.44%)
Estimate List Price624
Date23-12-2024
Price432.00
GMP192(44.44%)
Estimate List Price624
Date22-12-2024
Price432.00
GMP180(41.67%)
Estimate List Price612
Date21-12-2024
Price432.00
GMP175(40.51%)
Estimate List Price607
Date20-12-2024
Price432.00
GMP180(41.67%)
Estimate List Price612
Date19-12-2024
Price432.00
GMP185(42.82%)
Estimate List Price617
Date18-12-2024
Price432.00
GMP145(33.56%)
Estimate List Price577
Date17-12-2024
Price432.00
GMP120(27.78%)
Estimate List Price552
Date16-12-2024
Price432.00
GMP120(27.78%)
Estimate List Price552
Date15-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date14-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date13-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date12-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date11-12-2024
Price
GMP0(0%)
Estimate List Price(0%)
IPO Important Dates
| 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 |
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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,688 |
| Retail (Max) | 13 | 442 | ₹1,90,944 |
| S-HNI (Min) | 14 | 476 | ₹2,05,632 |
| S-HNI (Max) | 68 | 2,312 | ₹9,98,784 |
| B-HNI (Min) | 69 | 2,346 | ₹10,13,472 |
ApplicationRetail (Min)
Lots1
Shares34
Amount₹14,688
ApplicationRetail (Max)
Lots13
Shares442
Amount₹1,90,944
ApplicationS-HNI (Min)
Lots14
Shares476
Amount₹2,05,632
ApplicationS-HNI (Max)
Lots68
Shares2,312
Amount₹9,98,784
ApplicationB-HNI (Min)
Lots69
Shares2,346
Amount₹10,13,472
Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 4,836.17 | 4,620.61 | 3,445.49 |
| Revenue | 929.70 | 4,130.00 | 3,172.03 |
| Profit After Tax | 51.74 | 233.21 | 107.57 |
| Net Worth | 1,140.65 | 1,075.87 | 709.15 |
| Total Borrowing | 603.43 | 643.19 | 604.92 |
Period EndedPeriod Ended
30 Jun 202430 Jun 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Jun 20244,836.17
31 Mar 20244,620.61
31 Mar 20233,445.49
Period EndedRevenue
30 Jun 2024929.70
31 Mar 20244,130.00
31 Mar 20233,172.03
Period EndedProfit After Tax
30 Jun 202451.74
31 Mar 2024233.21
31 Mar 2023107.57
Period EndedNet Worth
30 Jun 20241,140.65
31 Mar 20241,075.87
31 Mar 2023709.15
Period EndedTotal Borrowing
30 Jun 2024603.43
31 Mar 2024643.19
31 Mar 2023604.92
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 56,93,832 (29.34%) | NA |
| QIB Shares Offered | 37,95,889 (19.56%) | NA |
| NII (HNI) Shares Offered | 28,46,917 (14.67%) | |
| bNII > ₹10L | 18,97,945 (9.78%) | 3,987 |
| sNII < ₹10L | 9,48,972 (4.89%) | 1,993 |
| Retail Shares Offered | 66,42,805 (34.22%) | 1,95,376 |
| Employee Shares Offered | 4,29,814 (2.21%) | NA |
| Total Shares Offered | 1,94,09,257 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered56,93,832 (29.34%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered37,95,889 (19.56%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered28,46,917 (14.67%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered18,97,945 (9.78%)
Maximum Allottees3,987
Investor CategorysNII < ₹10L
Shares Offered9,48,972 (4.89%)
Maximum Allottees1,993
Investor CategoryRetail Shares Offered
Shares Offered66,42,805 (34.22%)
Maximum Allottees1,95,376
Investor CategoryEmployee Shares Offered
Shares Offered4,29,814 (2.21%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered1,94,09,257 (100%)
Maximum Allottees
Information about company
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.
Objectives of IPO
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.
Disclaimer
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