
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
Overall Subscription
80.86x
Total Demand
QIB Multiplier
201.06x
Institutions & Funds
NII / HNI
76.41x
High Net-Worth
Retail (RII)
22.07x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,726,985 | 749,350,922 | 201.06x |
| NIB | 2,917,903 | 222,951,192 | 76.41x |
| HNIs(10L +) | 1,945,269 | 151,454,292 | 77.86x |
| HNIs (2-10L) | 972,634 | 71,496,900 | 73.51x |
| RETAIL | 6,808,440 | 150,251,712 | 22.07x |
| EMPLOYEES | 463,414 | 1,886,626 | 4.07x |
| Total | 16,834,645 | 1,347,391,644 | 80.86x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 200,248 | 4,419,168 | 22.07x |
| HNIs(10L +) | 4,087 | 318,181 | 77.85x |
| HNIs (2-10L) | 2,043 | 150,204 | 73.52x |
| Total Applications | 206,378 | 4,887,553 | 23.68x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for TRANSRAIL LIGHTING LIMITED IPO is ₹165 per equity share. Based on the upper price band of ₹410 to ₹432 per equity share, the estimated listing price is ₹597 (+38.2% expected listing gain).
With a lot size of 34 shares and current GMP of ₹165, the expected profit per application lot is approx ₹5,610 (+38.2% gain). Minimum application cost is approx ₹14,688.
The TRANSRAIL LIGHTING LIMITED IPO aggregate issue size is ₹100 Crores with an equity price band set at ₹410 to ₹432 per equity share. The retail lot size is 34 shares requiring a minimum capital outlay of approx. ₹14,688.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 80.86x (Retail: 22.07x, QIB: 201.06x, NII: 76.41x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-12-24. Investors can verify status using PAN card or application number.
TRANSRAIL LIGHTING LIMITED shares are scheduled to list on NSE and BSE on 2024-12-27.