Transrail Lighting IPO GMP Today, Date, Price, Subscription Status 

Transrail Lighting IPO Overview

Inga Ventures Pvt Ltd, Axis Capital Limited, Hdfc Bank Limited, Idbi Capital Market Services Limited are the book running  lead manager of the Transrail Lighting IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Transrail Lighting IPO RHP for detailed information.

Transrail Lighting IPO Important dates

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

Transrail Lighting IPO Financial Performance

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 IPO Key Performance Indicator

The market capitalization of Transrail Lighting IPO is Rs 5799.86 Cr.

KPI as of Sun, Mar 31, 2024.

Transrail Lighting IPO Objectives

1. Incremental financingworking capital requirements of the company;
2. Funding capital expenditure of the company; and
3. General corporate purposes.

Transrail Lighting IPO Lot Size

Investors can bid for a minimum of 34 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Transrail Lighting IPO Details

Transrail Lighting IPO Company Overview and Services

Incorporated in February 2008, Transrail Lighting Limited is an engineering and construction company focused on power transmission and distribution and manufacturing lattice structures, conductors, and monopoles.

The company provides the following services:-

• Supply, engineering, procurement and construction of transmission lines and distribution lines.
• EPC services in civil construction including design in relation to bridges, tunnels, elevated roads and cooling towers.
• Act as manufacturers and service providers in the poles and lighting segment, including supply, installation, and testing.
• The company provides railway services, including overhead electrification, signalling, telecommunication, earthworks, and track linking.

Since its inception, the company has completed over 200 power transmission and distribution projects. The company has a presence in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, with turnkey EPCs and supply projects.

As of June 30, 2024, the company has completed the EPC of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally.

As of December 2024, the company has four manufacturing units. The first one is situated in Vadodara Gujrat, second one in Deoli, Maharashtra,and third and fourth one in Silvassa, Dadra and Nagar Haveli respectively.

As of June 30, 2024, the company supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles.

As of June 30, 2024, the company has 114 employees in the design and engineering team.

Competitive Strength:

• Strong and diversified Order Book
• Established manufacturing facilities in four locations
• Proven track record of growth and established presence in the power transmission and distribution sector through effective implementation and execution skills.

Transrail Lighting IPO SWOT Analysis

Strengths:

• Extensive Experience and Project Execution: Transrail Lighting has a strong track record with over 200 completed projects in power transmission and distribution, demonstrating their project execution capabilities.
• Wide Geographical Presence: The company has operations in 58 countries, providing a broad market reach and diversification.
• Diversified Portfolio: Transrail operates across various segments, including transmission, civil construction, lighting, and railway services, reducing reliance on a single sector.
• Growing Order Book: As of September 30, 2023, the company had a healthy order book of ₹96,204.48 million, indicating future revenue potential.
• Experienced Promoters and Management: The company is backed by experienced promoters and a strong management team.
• Improving Financial Performance: The company has shown significant revenue and profit growth in recent years.

Weaknesses:

• Dependence on Tenders: A significant portion of the company’s business relies on tenders floated by government authorities, public sector undertakings, and utilities. Failure to secure these tenders could impact growth.
• Increasing Debt: The company’s debt-to-equity ratio has been increasing, indicating a higher reliance on debt financing.
• Fluctuating Profitability: While overall profit has increased, there have been fluctuations in profitability in recent periods, which could be a concern for investors.
• Working Capital Requirements: The company has significant working capital requirements, which could strain finances.

Opportunities:

• Government Focus on Infrastructure Development: The Indian government’s focus on infrastructure development, particularly in power transmission and distribution, provides significant growth opportunities for the company.
• Investments in the Transmission Sector: The estimated investment in the transmission sector is expected to reach ~₹2.30 trillion during FY 2024-2028, creating a large market for Transrail.
• Rising Demand for Power: Increasing power demand from households and industries will further drive growth in the sector.
• Smart Metering Initiatives: Government initiatives like smart metering provide opportunities for the company’s lighting and related solutions.
• International Expansion: Continued expansion into international markets can further diversify revenue streams.

Threats:

• Competition: The industry is competitive, with both domestic and international players vying for projects.
• Economic Slowdown: An economic slowdown could impact infrastructure spending and demand for the company’s services.
• Regulatory Changes: Changes in government regulations and policies could affect the company’s operations.
• Fluctuations in Raw Material Prices: Volatility in raw material prices could impact profitability.
• Delays in Project Execution: Delays in project execution due to various factors could lead to cost overruns and impact financial performance.

Transrail Lighting IPO GMP Details

GMP Date	IPO Price	GMP	Sub2 Sauda Rate	Estimated Listing Price	Last Updated
23-12-2024 Close	432.00	₹180	4700/65800	₹612 (41.67%)	23-Dec-2024 8:25
22-12-2024	432.00	₹180	4700/65800	₹612 (41.67%)	22-Dec-2024 22:32
21-12-2024	432.00	₹175	4500/63000	₹607 (40.51%)	21-Dec-2024 22:25
20-12-2024	432.00	₹180	4700/65800	₹612 (41.67%)	20-Dec-2024 22:26
19-12-2024 Open	432.00	₹185	4800/67200	₹617 (42.82%)	19-Dec-2024 22:23
18-12-2024	432.00	₹145	3700/51800	₹577 (33.56%)	18-Dec-2024 22:25
17-12-2024	432.00	₹120	3100/43400	₹552 (27.78%)	17-Dec-2024 22:28
16-12-2024	432.00	₹120	3100/43400	₹552 (27.78%)	16-Dec-2024 17:53

Transrail Lighting IPO Subscription Status 

Total Application : 21,44,083

Note:

• *: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.

• **: The portion of anchor investors (or market makers) is not included in the total number of shares offered.

Transrail Lighting IPO Allotment status 

Transrail Lighting IPO allotment is expected on Tuesday, December 24, 2024.

Transrail Lighting IPO allotment status is not available at this time. Transrail Lighting IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Transrail Lighting Limited IPO allotment status.

To check Transrail Lighting IPO allotment status, follow the steps below:

1. Click on the below allotment status check button.
2. Select Company Name.
3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. Investors can call on +91-22-4918 6270 or send an email with all relevant details to ipo.helpdesk@linkintime.co.in.

Transrail Lighting IPO 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/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

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