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Transrail Lighting is preparing to launch its Initial Public Offering (IPO), offering a mix of fresh equity and shares via an Offer for Sale (OFS). The company aims to raise ₹400 crore through a fresh issue and will also offer 1.02 crore equity shares as part of the OFS. This book-built IPO presents an exciting opportunity for investors looking to invest in a growth-oriented company with a significant market presence.
The Transrail Lighting IPO will open for subscription on December 19, 2024, and will remain open until December 23, 2024. Investors are encouraged to participate during this window as the allotment process will be finalized on December 24, 2024 (Tuesday). The shares are scheduled to be listed on both BSE and NSE, with the tentative listing date set for December 27, 2024 (Friday).
The company is yet to announce the IPO price band, and interested investors should stay updated for this crucial information. Given the scale and structure of the offering, the IPO is expected to attract significant interest across retail, institutional, and high-net-worth investors.
Investors might find the Transrail Lighting IPO appealing due to several factors:
Liquidity and Returns:
Listing on the stock exchanges provides liquidity for shareholders and the potential for capital appreciation, especially if the company continues to perform well post-listing.. Stay tuned for updates on IPO GMP, subscription status, and allotment status on official platforms.
Growth Potential:
The fresh issue proceeds will help the company fund its expansion, improve operational efficiencies, and explore new opportunities in the market.
Strong Market Presence:
Transrail Lighting has established itself as a key player in its industry, with a proven track record of delivering quality products and services.
| IPO Details | Information |
|---|---|
| IPO Date | December 19, 2024 to December 23, 2024 |
| Listing Date | December 27, 2024 |
| Face Value | ₹2 per share |
| Price | 410 to 432 per share |
| Lot Size | 34 Share/lot |
| Total Issue Size | approximately (aggregating up to ₹839 Cr) |
| Fresh Issue | (aggregating up to ₹400.00 Cr) |
| Offer for Sale | 10,160,000 shares of ₹2 (aggregating up to ₹439 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre-issue | 124,996,767 |
| Event | Date |
|---|---|
| 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 |
| The 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 |
| 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 |
| 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 |
The Transrail Lighting IPO is a significant opportunity for investors to be part of a company poised for growth and market expansion. With its combination of a ₹400 crore fresh issue and an Offer for Sale (OFS) of 1.02 crore equity shares, this IPO provides an attractive mix of fundraising for corporate needs and partial divestment by existing shareholders.
Investors interested in the IPO grey market can track the IPO GMP (Grey Market Premium) for early insights into market sentiment before the official listing. The IPO allotment status will be finalized on December 24, 2024, and can be checked via the BSE website or through the official registrar, Link Intime India Private Ltd. Furthermore, keeping an eye on IPO watch platforms will provide real-time updates on subscription status, price bands, and other developments.
With experienced Book Running Lead Managers, including Inga Ventures Pvt Ltd, Axis Capital Limited, HDFC Bank Limited, and IDBI Capital Market Services Limited, managing the offering, the process is expected to be smooth and transparent. The upcoming listing on BSE and NSE on December 27, 2024, promises liquidity and potential for capital appreciation for investors.
For those exploring the IPO allotment, IPO grey market, and subscription trends, this is a chance to make well-informed decisions. Stay tuned to reliable platforms, track the IPO GMP, and refer to the Red Herring Prospectus (RHP) for in-depth insights. By staying updated and informed, investors can maximize the potential of the Transrail Lighting IPO, aligning with their financial goals and investment strategies.
