Transrail Lighting IPO Date, Price, GMP, Review, Details, Issue Date, Lot Size, Allotment, Subscription Status
Transrail Lighting Limited is set to launch its Initial Public Offering (IPO) from December 24, 2024, to December 26, 2024. The IPO aims to raise approximately ₹[.] crores through a combination of fresh issue worth ₹450 crores and offer for sale of 1,01,60,000 equity shares, each having a face value of ₹2. The shares will be listed on BSE and NSE on December 31, 2024.
Key IPO Details
- IPO Type: Book Built Issue
- Price Band: ₹[.] to ₹[.] per share
- Retail Investor Quota: 35%
- Qualified Institutional Buyers (QIB) Quota: 50%
- Non-Institutional Investors (NII) Quota: 15%
- Issue Size: Approx ₹[.] crores
- Listing: BSE & NSE
Important Dates
- IPO Open Date: December 24, 2024
- IPO Close Date: December 26, 2024
- Allotment Finalization: December 27, 2024
- Refund Initiation: December 30, 2024
- Credit of Shares to Demat: December 30, 2024
- IPO Listing Date: December 31, 2024
Financial Highlights
The financial performance of Transrail Lighting in recent years showcases significant growth:
| Year | Revenue (₹ Cr.) | Profit (₹ Cr.) | Assets (₹ Cr.) |
|---|---|---|---|
| 2022 | ₹2,284.14 | ₹64.71 | ₹2,841.87 |
| 2023 | ₹3,086.14 | ₹107.57 | ₹3,445.49 |
| September 2023 (H1) | ₹1,813.53 | ₹84.89 | ₹3,980.60 |
Profit Growth: The company’s profit has increased from ₹64.71 crores in 2022 to ₹107.57 crores in 2023, demonstrating a robust upward trend.
Valuation Metrics
| Metrics | Values |
|---|---|
| Return on Capital Employed (ROCE) | 18.27% |
| Earnings Per Share (EPS) | ₹9.45 (Basic) |
| Return on Net Worth (RoNW) | 15.17% |
| EBITDA Margin | 9.32% |
| Debt-to-Equity Ratio | 0.78 |
Peer Comparison
| Company | EPS (₹) | PE Ratio | RoNW (%) | NAV (₹) | Revenue (₹ Cr.) |
|---|---|---|---|---|---|
| KEC International Limited | 6.85 | 106.08 | 4.70 | 147.00 | 17,282 |
| Kalpataru Projects International | 28.68 | 33.69 | 9.20 | 291.00 | 16,361 |
| Skipper Limited | 3.46 | 96.00 | 4.60 | 75.00 | 1,980 |
| Bajaj Electricals Limited | 18.79 | 53.00 | 11.30 | 166.00 | 5,429 |
| Patel Engineering Limited | 3.50 | 19.39 | 6.35 | 37.00 | 4,202 |
Objects of the Issue
The funds raised through the IPO will be utilized for:
- Working Capital Requirements: Meeting incremental working capital needs.
- Capital Expenditure: Funding infrastructure and operational improvements.
- General Corporate Purposes: Supporting strategic initiatives and business operations.
Promoters
The company’s promoters are:
- Ajanma Holdings Private Limited
- Digambar Chunnilal Bagde
- Sanjay Kumar Verma
Market Lot Details
The market lot size and application amount are as follows:
| Investor Type | Lot Size (Shares) | Amount (₹) |
|---|---|---|
| Retail (Min) | [.] | ₹[.] |
| Retail (Max) | [.] | ₹[.] |
| S-HNI (Min) | [.] | ₹[.] |
| B-HNI (Min) | [.] | ₹[.] |
Registrar and Lead Managers
- Registrar:
Link Intime India Pvt. Ltd.
Phone: +91 810 811 4949
Email: transraillighting.ipo@linkintime.co.in - Lead Manager:
Axis Capital Limited
FAQs
1. What is Transrail Lighting IPO?
Transrail Lighting IPO is a Mainboard IPO to raise ₹[.] crores, priced at ₹[.] to ₹[.] per share. The shares will be listed on BSE and NSE.
2. When will the Transrail Lighting IPO open?
The IPO will open on December 24, 2024, and close on December 26, 2024.
3. How can I apply for the Transrail Lighting IPO?
You can apply via ASBA online through your bank account or UPI using stock brokers. Offline applications through brokers are also available.
4. What is the allotment date?
The IPO allotment will be finalized on December 27, 2024.
5. What is the listing date?
The shares will be listed on December 31, 2024, on BSE and NSE.
This IPO offers an attractive opportunity for investors, given the company’s consistent financial growth and promising industry prospects.
