Transrail Lighting IPO Description – Transrail Lighting is a leading Indian engineering, procurement, and construction (EPC) company primarily focused on the power transmission and distribution sector. It boasts integrated manufacturing facilities for lattice structures, conductors, and monopoles. With a track record spanning four decades, the company has been providing comprehensive turnkey solutions worldwide and is a trusted partner in the power transmission and distribution industry.
Transrail Lighting has a global footprint in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, among others, handling turnkey EPC and supply projects. As of 30 June 2024, the company has executed EPC projects for 34,654 circuit kilometers (CKM) of transmission lines and 30,000 CKM of distribution lines, domestically and internationally. Transrail Lighting also provides EPC services for substations up to 765 kilovolts (kV). The company is active across all power transmission and distribution segments, with a strong focus on high voltage (HV) and extra high voltage (EHV) sectors.
In addition to its core power transmission and distribution business, Transrail Lighting operates in other business verticals, including civil construction, poles and lighting, and railways. As of 30 June 2024, Transrail Lighting employed 1,761 personnel.
Promoters of Transrail Lighting – Ajanma Holdings Private Limited, Digambar Chunnilal Bagde, and Sanjay Kumar Verma
Table of Contents
Transrail Lighting IPO Details
| Transrail Lighting IPO Dates | 19 – 23 December 2024 |
| Transrail Lighting Issue Price | INR 410 – 432 per share |
| Fresh issue | INR 400 crore |
| Offer For Sale | 1,01,60,000 shares (INR 416.56 – 438.91 crore) |
| Total IPO size | INR 816.56 – 838.91 crore |
| Minimum bid (lot size) | 34 shares (INR 14,688) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Transrail Lighting Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 2,284.14 | 3,086.14 | 4,009.23 | 896.90 |
| Expenses | 2,266.53 | 3,024.71 | 3,814.19 | 852.65 |
| Net income | 64.71 | 107.57 | 233.21 | 51.74 |
| Margin (%) | 2.83 | 3.49 | 5.82 | 5.77 |
Transrail Lighting Offer News
- Transrail Lighting RHP
- Transrail Lighting DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Transrail Lighting Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2024 (Post Issue) | |
| EPS | 11.62 | 9.45 | 19.59 | 17.37 |
| PE Ratio | – | – | 20.93 – 22.05 | 23.60 – 24.87 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 10.80 | 15.17 | 21.68 |
| NAV | 52.78 | 62.21 | 86.79 |
| ROCE (%) | 14.94 | 18.27 | 24.33 |
| EBITDA (%) | 8.75 | 9.32 | 11.71 |
| Debt/Equity | 0.71 | 0.78 | 0.56 |
Transrail Lighting IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 26 December 2024 | 190 | – | 5,000 |
| 25 December 2024 | 185 | – | 4,800 |
| 24 December 2024 | 185 | – | 4,800 |
| 23 December 2024 | 175 | – | 4,300 |
| 21 December 2024 | 186 | – | 4,600 |
| 20 December 2024 | 165 | – | 4,100 |
| 19 December 2024 | 140 | – | 3,500 |
| 18 December 2024 | 125 | – | 3,200 |
| 17 December 2024 | 125 | – | 3,200 |
Transrail Lighting Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Funding incremental working capital requirements of the company
- Funding capital expenditure of the company
- General Corporate Purposes
Transrail Lighting – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Transrail Lighting | 24.87 | 19.59 | 21.68 | 86.79 | 4,009.2 |
| KEC International | 91.95 | 13.49 | 8.50 | 159.0 | 19,914.0 |
| Kalpataru Projects International | 36.72 | 31.76 | 10.0 | 316.0 | 19,626.0 |
| Skipper | 75.97 | 7.66 | 9.10 | 84.0 | 3,282.0 |
| Bajaj Electricals | 15.57 | 3.64 | 9.56 | 38.0 | 4,544.0 |
Transrail Lighting IPO Allotment Status
Transrail Lighting IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Transrail Lighting IPO Dates & Listing Performance
| IPO Opening Date | 19 December 2024 |
| IPO Closing Date | 23 December 2024 |
| Finalization of Basis of Allotment | 24 December 2024 |
| Initiation of refunds | 26 December 2024 |
| Transfer of shares to demat accounts | 26 December 2024 |
| Transrail Lighting IPO Listing Date | 27 December 2024 |
| Opening Price on NSE | INR 590 per share (up 36.57%) |
| Closing Price on NSE | INR 553.55 per share (up 28.14%) |
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Transrail Lighting IPO Lead Manager
AXIS CAPITAL LIMITED
1st Floor, Axis House C-2 Wadia International Center
Pandurang Budhkar Marg, Worli Mumbai – 400 025 Maharashtra
Phone: +91 22 4325 2183
Email:Â [email protected]
Website: www.axiscapital.co.in
Transrail Lighting Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Transrail Lighting Contact Details
TRANSRAIL LIGHTING LIMITED
501, A, B, C, E Fortune 2000, Block G,
Bandra Kurla Complex, Bandra East,
Mumbai, Maharashtra 400 051 India
Phone:Â +91 22 6197 9600
Email:Â [email protected]
Website: www.transrail.in
Transrail Lighting IPO FAQs
How many shares in Transrail Lighting IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Transrail Lighting Public Offer?
The best way to apply for Transrail Lighting’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Transrail Lighting IPO GMP today?
Transrail Lighting IPO GMP today is INR 190 per share.
What is Transrail Lighting kostak rate today?
Transrail Lighting kostak rate today is INR NA per application.
What is Transrail Lighting Subject to Sauda rate today?
Transrail Lighting Subject to Sauda rate today is INR 5,00 per application.
