Transrail Lighting Limited IPO Price: ₹410 to ₹432 per shares
IPO Dates: December 19, 2024 to December 23, 2024
About Transrail Lighting Limited
Founded in February 2008, Transrail Lighting Limited specializes in engineering and construction for power transmission and distribution. The company also manufactures lattice structures, conductors, and monopoles.
Key Services Offered:
- Engineering, procurement, and construction (EPC) of transmission and distribution lines.
- Civil construction services, including bridge and tunnel design, elevated roads, and cooling tower projects.
- Manufacturing and services for poles and lighting, covering supply, installation, and testing.
- Railway services such as overhead electrification, signaling, telecommunication, earthworks, and track linking.
Since its establishment, Transrail has successfully completed over 200 power transmission and distribution projects. The company operates in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, executing turnkey EPC and supply projects.
Key Achievements (as of June 30, 2024):
- EPC completion of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines globally.
- Delivery of 1.3 million metric tons of towers, 194,534 kilometers of conductors, and 458,705 poles.
- A team of 114 design and engineering professionals.
Manufacturing Presence (as of December 2024):
- Four units located in Vadodara (Gujarat), Deoli (Maharashtra), and two in Silvassa (Dadra and Nagar Haveli).
Competitive Strengths:
- A proven history of growth and strong execution capabilities in the power transmission and distribution sector.
- A robust and diversified order book.
- State-of-the-art manufacturing facilities across four locations.
Bidding Starts In
Transrail Lighting Limited IPO Specifics:
| 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 |
| Share Holding Pre Issue | 12,49,96,767 shares |
| Share Holding Post Issue | 13,42,56,026 shares |
Transrail Lighting IPO Timetable (Important Dates)
Transrail Lighting IPO IPO opens on December 19, 2024, and closes 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 |
Transrail Lighting IPO Lot Size
Bidders have the opportunity to bid for a minimum of 35 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| 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 the Net Issue |
Transrail Lighting Limited Limited IPO Financial Information
| 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 |
| Amount in ₹ Crore | ||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.41% |
| ROCE | 24.33% |
| Debt/Equity | 0.56 |
| RoNW | 21.68% |
| PAT Margin | 5.65 |
| Price to Book Value | 4.70 |
Objects of the Issue (Transrail Lighting IPO Objectives)
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.
Transrail Lighting IPO Prospectus
