Transrail Lighting Limited IPO (Transrail Lighting Limited IPO)

Founded in February 2008, Transrail Lighting Limited is a prominent engineering and construction company with a focus on power transmission and distribution. The company is also a key manufacturer of lattice structures, conductors, and monopoles, earning its reputation as a reliable player in the industry.

The company offers a range of services:

• Supply, engineering, procurement, and construction of transmission and distribution lines.
• EPC services for civil construction projects, including the design and construction of bridges, tunnels, elevated roads, and cooling towers.
• Manufacturing, supply, installation, and testing of poles and lighting systems.
• Comprehensive railway services, such as overhead electrification, signalling, telecommunication, earthworks, and track linking.

Since its inception, Transrail has successfully delivered over 200 power transmission and distribution projects. The company has established its footprint in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, delivering turnkey EPC projects and supply services.

As of June 30, 2024, Transrail has achieved significant milestones, completing the EPC of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines across domestic and international markets. During this period, the company also supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles. These achievements are supported by a talented design and engineering team of 114 employees.

By December 2024, Transrail operates four advanced manufacturing facilities strategically located in Vadodara, Gujarat; Deoli, Maharashtra; and two units in Silvassa, Dadra and Nagar Haveli. These state-of-the-art units ensure seamless production and supply chain operations.

Driven by its focus on quality, innovation, and on-time delivery, Transrail Lighting Limited continues to strengthen its position as a leader in power transmission, civil infrastructure, and railway sectors globally.

Transrail Lighting IPO

The Transrail Lighting IPO is a book-built issue with a total value of Rs 838.91 crores. It consists of a fresh issue of 0.93 crore shares, raising Rs 400.00 crores, alongside an offer for sale of 1.02 crore shares, totaling Rs 438.91 crores.

The subscription window for the IPO opens on December 19, 2024, and closes on December 23, 2024. Allotment details are expected to be finalized on Tuesday, December 24, 2024, and the tentative listing date is set for Friday, December 27, 2024, on both the BSE and NSE.

The price band for the IPO is ₹410 to ₹432 per share. The minimum lot size for retail applications is 34 shares, requiring an investment of ₹14,688. For sNII investors, the minimum lot size is 14 lots (476 shares), amounting to ₹2,05,632, while for bNII investors, it is 69 lots (2,346 shares), totaling ₹10,13,472.

The book-running lead managers for the IPO are Inga Ventures Pvt Ltd, Axis Capital Limited, HDFC Bank Limited, and IDBI Capital Market Services Limited, with Link Intime India Private Ltd acting as the registrar to the issue. For more information, please refer to the Transrail Lighting IPO Red Herring Prospectus (RHP).

Transrail Lighting IPO Objectives

• Incremental financing working capital requirements of the company;
• Funding capital expenditure of the company; and
• General corporate purposes.

Transrail LightingIPO Details

Open and Close Date of Transrail Lighting IPO

Transrail Lighting IPO opens on December 19, 2024, and closes on December 23, 2024.

Transrail Lighting IPO Share Price

The price band for the TransrailLighting IPO

Transrail Lighting IPO Issue Type, Face Value, IPO Price, Market Lot, Listing, Total Issue Size

Transrail Lighting IPO Promoter Holding

The Promoters of the Company are Ajanma Holdings Private Limited, Digambar Chunnilal Bagde and Sanjay Kumar Verma.

Transrail Lighting Limited Financial Information (Restated Consolidated)

Transrail Lighting Limited’s revenue increased by 30.2% and profit after tax (PAT) rose by 116.8% between the financial year ending with March 31, 2024 and March 31, 2023.

Transrail Lighting Limited IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: transraillighting.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html

Contact Details

Transrail Lighting Limited
501, A,B,C,E Fortune 2000, Block G Bandra
Kurla Complex, Bandra
East Mumbai,-400051
Phone: +91 22 6197 9600
Email: cs@transraillighting.com
Website: https://transrail.in/

Transrail Lighting IPO Prospectus

•  Transrail Lighting IPO DRHP
•  Transrail Lighting IPO RHP

You can Apply for this IPO by clicking on this link:
How to apply for Transrail lighting IPO

Step by step guide to apply for the Transrail Lighting IPO