Transrail Lighting IPO: Everything You Need to Know Before You Invest

The much-awaited Transrail Lighting IPO is set to open for subscription on December 19, 2024, and will close on December 23, 2024. This IPO offers an opportunity for investors to buy shares of Transrail Lighting Limited, a prominent player in the Indian power transmission sector. In this blog post, we’ll dive into the details of the IPO, its financials, business model, and how investors can participate.

Transrail Lighting IPO Overview

• IPO Open Date: December 19, 2024
• IPO Close Date: December 23, 2024
• Listing Date: December 27, 2024
• Price Band: ₹410 to ₹432 per share
• Lot Size: 34 shares
• Face Value: ₹2 per share
• Issue Size: ₹838.91 crore (comprising a fresh issue of ₹400 crore and an offer for sale of ₹438.91 crore)
• Listing At: BSE, NSE
• Issue Type: Book Built Issue IPO
• Market Capitalization: ₹5799.86 crore

Also Read: IPO GMP

About Transrail Lighting

Transrail Lighting is an Indian engineering, procurement, and construction (EPC) company specializing in power transmission and distribution. Founded in 2008, the company has a strong footprint in manufacturing lattice structures, conductors, monopoles, and other critical components for high-voltage (HV) and extra-high-voltage (EHV) power transmission.

Apart from its core business in power transmission, Transrail Lighting has diversified into civil construction, poles, lighting, and railway infrastructure, making it a key player in India’s infrastructure development sector.

• Founder: Mr. Randeep Narang
• Parent Organization: Transrail Lighting Ltd.

Transrail Lighting Financials

Transrail Lighting has demonstrated significant growth over the past few years. Here’s a snapshot of the company’s financial performance:

• Revenue:
  • 2022: ₹2,284 Cr
  • 2023: ₹3,086 Cr
  • 2024: ₹4,009 Cr
• Total Assets:
  • 2022: ₹2,842 Cr
  • 2023: ₹3,445 Cr
  • 2024: ₹4,621 Cr
• Profit:
  • 2022: ₹64.71 Cr
  • 2023: ₹108 Cr
  • 2024: ₹233 Cr

Key Performance Indicators (KPIs)

Transrail Lighting’s performance indicators highlight its strong financial health and potential for future growth:

• ROE: 24.41%
• ROCE: 24.33%
• Debt/Equity: 0.56
• RoNW: 21.68%
• PAT Margin: 5.65%
• Price to Book Value: 4.70

Transrail Lighting IPO Lot Size & Investment Details

Investors can apply for a minimum of 34 shares in the Transrail Lighting IPO. Here’s the breakdown of the lot sizes and investment amounts for retail and HNI investors:

Transrail Lighting IPO Subscription Dates

• IPO Opening Date: December 19, 2024
• IPO Closing Date: December 23, 2024
• Basis of Allotment: December 24, 2024
• Initiation of Refunds: December 26, 2024
• Credit of Shares to Demat: December 26, 2024
• Listing Date: December 27, 2024

Cut-off Time for UPI Mandate Confirmation: 5 PM on December 23, 2024

Transrail Lighting IPO Registrar and Contact Information

For any queries related to the IPO, investors can reach out to the Registrar of the IPO, Link Intime India Pvt Ltd:

• Phone: +91-22-4918 6270
• Email: transraillighting.ipo@linkintime.co.in
• Website: Link Intime

Company 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: Transrail Lighting

Conclusion

The Transrail Lighting IPO offers a promising opportunity for investors to get exposure to the growing infrastructure sector in India. With its strong track record, diversified business model, and robust financials, the company has the potential to deliver significant returns in the long term. However, investors should conduct thorough research and assess their risk tolerance before applying for the IPO.

If you are interested in Transrail Lighting IPO, make sure to subscribe before the offer closes on December 23, 2024.

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