About Transrail Lighting:
The company is an Indian EPC firm specializing in power transmission, distribution, and manufacturing of lattice structures, conductors, and monopoles. With four decades of experience, it has completed over 200 projects globally. The company offers turnkey solutions and has strong capabilities in manpower, material supply, and machinery, with a presence in India, Asia, and Africa. Its verticals include power transmission, civil construction, poles, and railways.
About the Industry in which Transrail Lighting operates:
India’s power transmission and distribution system has grown significantly, with the total length of transmission lines increasing from 413,407 CKM in FY 2019 to 485,544 CKM in FY 2024. The country also has the second-largest road network globally, spanning 6.30 million km. The demand for high mast lighting is expected to rise, driven by the expansion of expressways and highways.
| Important Information and Timelines of the IPO of Transrail Lighting: | |
|---|---|
| Open Date | 19 December 2024 |
| Close Date | 23 December 2024 |
| Total Issue Size – Number of Shares | 19419259 |
| Minimum Bid Price | 410 |
| Maximum Bid Price | 432 |
| Lot Size | 34 |
| Basis of Allotment | 24 December 2024 |
| Initiation of Refunds and Credit of Shares to Demat | 26 December 2024 |
| Listing Date | 27 December 2024 |
| Listing Exchange(s) | NSE and BSE |
Minimum and Maximum Lot Sizes for the IPO of Transrail Lighting:
| Category | Lots | Shares | Amount (in ₹) |
|---|---|---|---|
| Retail – Minimum | 1 | 34 | 14688 |
| Retail – Maximum | 13 | 442 | 190944 |
| sHNI – Minimum | 14 | 476 | 205632 |
| sHNI – Maximum | 68 | 2312 | 998784 |
| bHNI – Minimum | 69 | 2346 | 1013472 |
Objective of the IPO of Transrail Lighting:
- Funding incremental working capital requirements of our Company
- Funding capital expenditure of our Company
- General corporate purposes
Financials of Transrail Lighting:
| Particulars | As at and for the three months period June 30, 2024 ended | As at and for the Financial Year ended March 31, 2024 | As at and for the Financial Year ended March 31, 2023 | As at and for the Financial Year ended March 31, 2022 | ||
|---|---|---|---|---|---|---|
| Equity Share Capital | 247.93 | 247.93 | 227.98 | 227.08 | ||
| Net Worth | 11,406.53 | 10,758.68 | 7,091.53 | 5,993.21 | ||
| Total Income | 9,297.04 | 41,299.99 | 31,720.34 | 23,571.99 | ||
| Profit for the year/period | 517.44 | 2,332.05 | 1,075.68 | 647.07 | ||
| Basic Earnings per Equity Share | 4.17# | 19.59 | 9.45 | 11.62 | ||
| Diluted Earnings per Equity Share | 4.17# | 19.59 | 9.45 | 11.62 | ||
| Net Asset Value per Equity Share | 92.02 | 86.79 | 62.21 | 52.78 | ||
| Total Borrowings (as per Restated Consolidated Financial Information) | 6,034.28 | 6,431.87 | 6,049.22 | 4,691.17 |
For more details on the IPO, refer to the DRHP here.
Did you know that you can now Pre-Apply for an IPO on Dhan? You can place your IPO Bid on Dhan and the order will be pushed to the Exchange as soon as the Bidding starts for Transrail Lighting. You will receive a UPI mandate after 10:00 AM on 19 December 2024.
###1. How to apply for the IPO of Transrail Lighting on Dhan?
You can apply for the IPO of Transrail Lighting from either Dhan Mobile App or Web
On Dhan Mobile App you can find the IPO under the Money Section > IPO Tab
On Dhan Web you can find the IPO under Markets Tab > IPOs
###2. In case of successful allotment, when the IPO shares of Transrail Lighting be visible on Dhan?
The CDSL will intimate you regarding the credit of shares into your Demat account by 26 December 2024. However, you will be able to see the shares of Transrail Lighting on Dhan before the market starts on the listing date which is 27 December 2024.