
Infrastructure & Engineering · NSE / BSE
Transrail Lighting Limited, founded in February 2008, is a top engineering and construction company focused on power transmission and distribution. It manufactures lattice structures, conductors, and monopoles. The company offers EPC services for transmission and distribution lines, civil projects like bridges, tunnels, elevated roads, and cooling towers, as well as manufacturing and providing poles and lighting services, including supply, installation, and testing. Transrail also provides railway services such as overhead electrification, signaling, telecommunication, earthworks, and track linking. Operating in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, the company has successfully completed over 200 power transmission and distribution projects. By June 30, 2024, it will have built 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, and supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles. With 114 employees in its design and engineering team, Transrail operates four manufacturing units in Vadodara (Gujarat), Deoli (Maharashtra), and two in Silvassa (Dadra and Nagar Haveli).
Price Band
₹410 – ₹432
Issue Size
₹100 Cr
Lot Size
34 shares
GMP
+38.2%
Est. Listing
₹597
at current GMP
Subscribed
80.86x
overall
Open
19 Dec 2024
Close
23 Dec 2024
Allotment
24 Dec 2024
Refund
25 Dec 2024
Demat Credit
26 Dec 2024
Listing
27 Dec 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹432
Band: ₹410 – ₹432
Estimated Listing Price
₹597
Upper price + GMP
Lot Size
34 shares
Min investment ₹14,688
Estimated Profit / Lot
₹5,610
34 × ₹165
Grey Market Premium trend
+₹165
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹165 | 38.2% | ₹597 |
| 30 Oct 2026 | +₹165 | 38.2% | ₹597 |
| 29 Oct 2026 | +₹149 | 34.4% | ₹581 |
GMP is unofficial market data. Not a guarantee of listing performance.
TRANSRAIL LIGHTING LIMITED is bringing an initial public offering (IPO) in the Infrastructure & Engineering sector with an aggregate issue size of ₹100 Crores. The shares are offered at a price band of ₹410 to ₹432 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-12-23, the basis of allotment is scheduled to be finalized on 2024-12-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for TRANSRAIL LIGHTING LIMITED IPO is ₹165, which indicates an expected listing price of ₹597.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.