Transrail Lighting Limited IPO
Transrail Lighting Ltd. , one of the leading Indian EPC companies, is launching its Initial Public Offering (IPO) from December 19-23, 2024. This article provides a detailed overview of the IPO, including key details, financials, and important dates for potential investors.
RI
by RA ALOK DAIYA SEBI Reg. INH000011468
About Transrail Lighting Limited
Founded in 2008, Transrail Lighting Limited has grown into a global leader in power transmission and distribution infrastructure.
Manufacturing Excellence
Four state-of-the-art manufacturing units across India producing:
- 1.3 MMT of towers supplied
- 194,534 KM of conductors
- 458,705 poles manufactured
Global Presence
Operating in 58 countries across multiple continents, including:
- Africa: Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon
- Europe: Finland, Poland
- Asia: Bangladesh
- Americas: Nicaragua
Infrastructure Projects
Comprehensive EPC services including:
- 34,654 CKM of transmission lines
- 30,000 CKM of distribution lines
- 200+ power transmission projects
- Railway electrification and signaling
Expert Engineering Team
114 skilled professionals in design and engineering, delivering:
- Transmission line design
- Civil construction planning
- Railway infrastructure solutions
- Technical consultancy
Competitive Strengths
Strong Order Book
Diverse and robust portfolio of ongoing projects and secured orders
Manufacturing Excellence
Strategic presence with four established manufacturing facilities across key locations
Proven Track Record
Established presence in power transmission and distribution sector with demonstrated execution capabilities
Transrail Lighting IPO Details
Objects of the Issue
The Company proposes to utilise the Net Proceeds towards funding the following objects:
- Incremental financing working capital requirements of the company;
- Funding capital expenditure of the company; and
- General corporate purposes.
Transrail Lighting IPO Anchor Investors Details
Transrail Lighting IPO raises Rs 245.97 crore from anchor investors. Transrail Lighting IPO Anchor bid date is December 18, 2024. Transrail Lighting IPOAnchor Investors list
Transrail Lighting IPO Timeline
Transrail Lighting IPO IPO opens on December 19, 2024, and closes on December 23, 2024.
1
IPO Opening Day
Thursday, December 19, 2024
2
IPO Closing & UPI Mandate Deadline
Monday, December 23, 2024
UPI mandate confirmation cutoff: 5 PM
3
Basis of Allotment
Tuesday, December 24, 2024
4
Refunds & Share Credit
Thursday, December 26, 2024
- Initiation of Refunds
- Credit of Shares to Demat Account
5
Stock Market Listing
Friday, December 27, 2024
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.
Lot Size Calculator
IPO Review
Transrail Lighting brings 40 years of proven expertise in the power transmission and distribution market. As a turnkey solution provider, they have successfully completed over 200 projects, consistently demonstrating their technical capabilities and project management excellence.
Several factors make this IPO worth considering. First, the company maintains a robust orderbook with a diverse mix of domestic and international clients. Second, their experienced promoters and strong management team have established a track record of successful project execution. Third, their financial performance has shown consistent growth and profitability.
Looking ahead, Transrail's growth strategy appears well-positioned for success. They are expanding their product and service portfolio while strengthening core capabilities in substations and underground cabling. Their targeted expansion into international markets, particularly in regions with growing energy infrastructure needs, provides multiple avenues for future revenue growth. With India's increasing focus on power infrastructure development, Transrail stands to benefit from both domestic and international opportunities.