Transrail Lighting IPO: Check IPO Date, Live Subscription and Key Details
Transrail Lighting Limited is a leading Indian EPC company with over 40 years of expertise in power transmission and distribution, offering turnkey solutions. Operating in 58 countries, including Bangladesh, Kenya, and Nigeria, the company has completed approximately 33,500 circuit kilometers of transmission lines and 30,000 circuit kilometers of distribution lines globally as of September 30, 2023. With EPC services in substations up to 765 kV, Transrail achieved a revenue growth of 35.1% in FY 2023, outperforming the industry average.
Price Range
₹410.0 - ₹432.0
Issue Size
₹838.91 Cr
Lot Size
34 shares
IPO Type
Mainboard
GMP
₹165(+38.19%)
Est. Listing Price
₹597
Estimate Profit
₹5,610
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹2
EPS
15.42
P/E Ratio
28.02
RoNW
21.68%
ROE
24.41%
Debt to Equity
0.56
Advertisement
Timeline
IPO Opens
19 Dec
IPO Closes
23 Dec
Allotment
24 Dec
Listing
27 Dec
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 19 December 2024 | Subscription starts |
| IPO Close Date | 23 December 2024 | Subscription ends |
| Allotment Date | 24 December 2024 | Allotment |
| Listing Date | 27 December 2024 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,688 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,90,944 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,05,632 |
SHNI (Max)Below ₹10,00,000 | 68 | ₹9,98,784 |
BHNIAbove ₹10,00,000 | 69 | ₹10,13,472 |
IPO Objectives
- Incremental financingworking capital requirements of the company
- Funding capital expenditure of the company
- General Corporate Purposes
Strengths
- Transrail Lighting Limited has completed over 200 projects and excels in transmission lines, substations, and distribution networks, showcasing strong expertise in the power sector.
- The company’s manufacturing units in Gujarat, Maharashtra, and Dadra and Nagar Haveli produce towers, conductors, and poles, ensuring reduced reliance on third-party suppliers.
- An experienced team of designers and engineers, along with advanced software, enables efficient project delivery and high safety standards.
- Certifications in quality, environment, security, and safety systems, along with rigorous inspections, ensure timely delivery, competitive pricing, and superior product quality.
Weaknesses
- Transrail Lighting Limited relies on its order book for future revenue, but cancellations or delays in secured projects could affect its business and financial performance.
- Long project timelines of 3 to 5 years increase risks of cost overruns due to factors like price changes, funding issues, or bad weather.
- A large portion of revenue comes from government tenders, and delays, fewer tenders, or policy changes could impact operations and growth prospects.
Advertisement
Financial Performance
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 4,836.17 | 4,620.61 | 3,445.49 | 2,841.87 |
| Revenue (₹ Cr.) | 929.7 | 4,130 | 3,172.03 | 2,357.2 |
| PAT (₹ Cr.) | 51.74 | 233.21 | 107.57 | 64.71 |
| Net Worth (₹ Cr.) | 1,140.65 | 1,075.87 | 709.15 | 599.32 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| L&T Ltd. | 6 | 39.55 | 15.16% | 1,02,550 |
| Techno Electric | 4.8 | 46.45 | 9.05% | 2,163 |
| Techno Electric | 3.74 | 23.22 | -4.68% | 2,591 |
Subscription Details
No daily bids available.
No subscription statistics available.
Advertisement
Company Details
- Transrail Lighting Limited
- 501, A,B,C,E Fortune 2000, Block G Bandra Kurla Complex, Bandra East Mumbai,-400051
- +91 22 6197 9600
- cs@transraillighting.com
- https://transrail.in/
Registrar Details
- Link Intime India Private Ltd
- +91-22-4918 6270
- transraillighting.ipo@linkintime.co.in
- https://linkintime.co.in/initial_offer/public-issues.html
Loading comments...