Transrail Lighting IPO Details
The key details of Transrail Lighting’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹838.91 Cr |
| Price Range | ₹410 - ₹432 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 34 |
| Investment (cut-off price) | ₹14,688 |
| Pre IPO Promotor Holding | 84.50% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Transrail Lighting IPO Timelines
The IPO process for Transrail Lighting includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
19/12/2024
Start Date23/12/2024
End Date25/12/2024
Refund Initiation25/12/2024
Credit of Shares to Demat Ac27/12/2024
Listing DateTransrail Lighting IPO Lot Size
The Transrail Lighting IPO has a fixed lot size of 34 shares, at an upper price band of ₹432 per share, requiring ₹14,688 per lot for retail investors. Retail investors can apply for a maximum of 442 shares worth ₹190,944. For Small HNI (S-HNI), the minimum application starts at 476 shares (₹205,632) up to 2,312 shares (₹998,784), while Big HNI (B-HNI) requires a minimum of 2,346 shares amounting to ₹1,013,472.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 34 | ₹14,688 |
| Retail Maximum | 13 | 442 | ₹1,90,944 |
| S-HNI Minimum | 14 | 476 | ₹2,05,632 |
| S-HNI Maximum | 68 | 2312 | ₹9,98,784 |
| B-HNI Minimum | 69 | 2346 | ₹10,13,472 |
Transrail Lighting IPO Subscription Status
The subscription status for Transrail Lighting IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 197.41x | 78.31x | 22.62x | 4.39x | 81.98x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹590 | ₹553.55 | ₹605 | ₹544.50 |
Transrail Lighting IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹2,357.2 | ₹2,266.53 | ₹64.71 |
| FY 2023 | ₹3,172.03 | ₹3,024.71 | ₹107.57 |
| FY 2024 | ₹4130 | ₹3,814.19 | ₹233.21 |
| FY 2025 (3 M) | ₹929.70 | ₹852.65 | ₹51.74 |
About Company
Transrail Lighting Limited is a leading Indian EPC company with over four decades of expertise in the power transmission and distribution sectors. Recognized for its turnkey solutions, the company demonstrated impressive growth with a 35.1% revenue surge in FY23, highlighting its industry strength. Operating across 58 countries, including Bangladesh, Kenya, and Poland, Transrail has completed extensive EPC projects, covering 33,500 circuit kilometres of transmission lines and 30,000 circuit kilometres of distribution lines globally, as of September 2023.
Beyond its core power transmission and distribution business, Transrail specializes in high and extra high voltage (HV and EHV) segments, substations up to 765 kV, and other verticals like civil construction, lighting, poles, and railways. Its expansive operations and diversified offerings underscore its role as a key player in the global energy infrastructure landscape.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2008 | Energy | Randeep Narang |
Know Before Investing
Transrail Lighting IPO Strengths
- Successfully completed 200+ projects in transmission lines, substations, and distribution networks, showcasing robust project execution capabilities.
- Equipped manufacturing units in Gujarat, Maharashtra, and Dadra & Nagar Haveli, producing towers, conductors, and poles with backward integration.
- Utilizes in-house design teams and advanced software to efficiently deliver EPC projects while maintaining high safety and quality standards.
- Holds certifications in quality management, environmental management, occupational health and safety, and communication security to ensure consistent product excellence.
Transrail Lighting IPO Risks
- Heavy dependence on the order book for revenue projections, with risks of project cancellations, modifications, or delays beyond control, potentially affecting business and reputation.
- Long execution periods (3-5 years) increase the risk of cost and time overruns due to factors like price escalation, funding constraints, and adverse weather.
- A significant portion of revenue comes from government tenders, and delays or reductions in such tenders could negatively impact operations, especially if government policies or budget allocations change.
Swot Analysis for Transrail Lighting IPO
Strengths
Established Market Leader, Global Presence, Diverse Service Portfolio
Weaknesses
High Dependence on Government Contracts, Rising Debt Levels, Limited Brand Recognition
Opportunities
Growing Power Sector Investments, Expansion Potential, Technological Advancements
Threats
Intense Competition, Economic Volatility, Regulatory Compliance Risks
Company Details
Transrail Lighting Limited
501, A, B, C, E Fortune 2000, Block G,
Bandra Kurla Complex, Bandra East,
Mumbai, Maharashtra 400 051 India
Phone: +91 22 6197 9600
Email: cs@transraillighting.com
Website: www.transrail.in
IPO Registar Details
Link Intime India Pvt Limited
Phone: +91 810 811 4949
Email: transraillighting.ipo@linkintime.co.in
Website: www.linkintime.co.in
FAQs
The key objectives of Transrail Lighting IPO are:
- ₹2,500 million for incremental working capital requirements.
- ₹909.02 million for company capital expenditure.
- Up to 25% of gross proceeds for general purposes.
Axis Capital Limited is the book-running lead managers for the Transrail Lighting IPO.