Transrail Lighting Limited IPO...
19 Dec 2024
Transrail Lighting Limited IPO
Incorporated in February 2008, Transrail Lighting Limited is a prominent engineering and construction company specializing in power transmission and distribution. The company excels in manufacturing lattice structures, conductors, and monopoles.
Services Offered:
Transrail Lighting Limited provides a comprehensive range of services, including:
- ● Supply, Engineering, Procurement, and Construction (EPC): Specializing in transmission and distribution lines.
- ● Civil Construction EPC Services: Expertise in designing bridges, tunnels, elevated roads, and cooling towers.
- ● Poles and Lighting Segment: Supplying, installing, and testing lighting solutions.
- ● Railway Services: Overhead electrification, signaling, telecommunication, earthworks, and track linking.
Global Reach and Achievements
Since its inception, Transrail Lighting Limited has completed over 200 power transmission and distribution projects, establishing a presence in 58 countries. These include Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua. The company handles turnkey EPCs and supply projects across these regions.
As of June 30, 2024, Transrail has completed the EPC of 34,654 Circuit Kilometers (CKM) of transmission lines and 30,000 CKM of distribution lines worldwide.
Manufacturing Capabilities
By December 2024, Transrail Lighting Limited operates four manufacturing units:
- 1. Vadodara, Gujarat
- 2. Deoli, Maharashtra
- 3. Silvassa, Dadra and Nagar Haveli (two units)
These facilities enable the company to efficiently supply 1.3 million metric tons (MMT) of towers, 194,534 kilometers of conductors, and 458,705 poles as of mid-2024. Transrail Lighting Limited remains committed to delivering innovative and reliable solutions in the power and construction sectors, continually expanding its global footprint and enhancing its expertise.
Transrail Lighting IPO Overview:
- ● Total Issue Size: ₹838.91 crores
- ○ Fresh Issue: ₹400.00 crores (0.93 crore shares)
- ○ Offer for Sale: ₹438.91 crores (1.02 crore shares)
- ● Price Per Share: ₹410 to ₹432 per share
- ● Subscription Period: December 19, 2024 to December 23, 2024
- ● Minimum Lot Size: 34 shares
- ● Lead Managers: Inga Ventures Pvt Ltd, Axis Capital Limited, HDFC Bank Limited and IDBI Capital Market Services Limited
- ● Registrar: Link Intime India Private Ltd
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Transrail Lighting Limited GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 432 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Transrail Lighting IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | [.] |
| 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 |
| Shareholding pre issue | 12,49,96,767 shares |
| Shareholding post issue | 13,42,56,026 shares |
Transrail Lighting IPO Timeline
| Detail | Description |
|---|---|
| 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 |
Transrail Lighting 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 |
Transrail Lighting IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of theNet Issue |
Transrail Lighting IPO Promoter Holding
| Share Holding Pre Issue | 84.50% |
| Share Holding Post Issue |
Mamata Machinery IPO Anchor Investors Details
| Bid Date | December 18, 2024 |
| Shares Offered | 2,204,202 |
| Anchor Portion Size (In Cr.) | 53.56 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 23, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 24, 2025 |
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.
Transrail Lighting Limited Financial Information
| Period Ended | 30 June 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 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.41% |
| ROCE | 24.33% |
| RoNW | 21.68% |
| Debt/Equity | 0.56 |
| P/BV | 4.70 |
| PAT Margin (%) | 5.65 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 18.66 | 15.42 |
| P/E (x) | 23.15 | 28.02 |
Transrail Lighting IPO Objectives:
-
The Company proposes to utilise the Net Proceeds towards funding the following objectives:
- 1. Incremental financing working capital requirements of the company.
- 2. Funding capital expenditure of the company.
- 3. General corporate purposes.
Transrail Lighting IPO FAQs
-
What is the Transrail Lighting IPO?
Transrail Lighting IPO is a Mainboard IPO. The company is going to raise ₹838.91 Crores via IPO. The issue is priced at ₹410 to ₹432 per equity share. The IPO is to be listed on BSE & NSE.
-
When will the Transrail Lighting IPO open for subscription?
The IPO is to open on December 19, 2024 for QIB, NII and Retail Investors. The IPO will close on December 23, 2024.
-
What is Transrail Lighting IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15% and Retail is 35%.
-
What is Transrail Lighting IPO Issue Size?
Transrail Lighting IPO issue size is ₹838.91 crores.
-
What is the Transrail Lighting IPO Price Band?
Transrail Lighting IPO Price Band is ₹410 to ₹432.
-
What is the Transrail Lighting IPO Lot Size?
The minimum bid is 34 Shares with ₹14,688.
-
What is the Transrail Lighting IPO Allotment Date?
Transrail Lighting IPO allotment date is December 24, 2024.
-
What is the Transrail Lighting IPO Listing Date?
Transrail Lighting IPO listing date is December 27, 2024. The IPO is to be listed on BSE & NSE.
-
What is the Transrail Lighting current GMP?
The current GMP of the Transrail Lighting is ---.
RHP:
RHP of Transrail Lighting Limited IPO
DRHP:
DRHP of Transrail Lighting Limited IPO
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