Transrail Lighting IPO Open Date, GMP, Price Band, Allotment Status

Transrail Lighting IPO open date is 25 November 2024, and closing date is 27 November 2024. The above open and close dates are tentative and final dates are yet to be announced. This new IPO is a book-built issue of Rs 922 crores. This upcoming IPO is likely to be a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 450 crore and OFS is of Rs 472 crore.

Transrail Lighting IPO GMP quotation is around Rs 117 per share. The lower and upper price band is expected to be around Rs 484 per share. The grey market premium quotation indicates huge interest of retail investors. After the release of the IPO issue date final GMP quote will be available.

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Transrail Lighting IPO Open Date, Close Date

Transrail Lighting IPO open date is Monday, 25 November 2024 and closing will be on Wednesday, 27 November 2024. However, as of now the open and close date is not yet finalised. The above dates are expectations.

Transrail Lighting IPO GMP

Transrail Lighting IPO GMP quotation is around Rs 117 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Transrail Lighting IPO GMP might rise in the coming days.

Transrail Lighting IPO Price Band

Transrail Lighting IPO price band is expected to be above Rs 484 per share. However, the final price band is not yet released. The minimum amount of investment for the retail category is to be around Rs 14,700 and for small NII minimum investment is to be around Rs 2,01,200. The minimum investment for the Big NII is to be around Rs 10,01,500.

Transrail Lighting IPO Allotment Status

Transrail Lighting IPO allotment status is expected to be 29 November 2024. The listing will be on the BSE and NSE platforms in the first week of December. The registrar of this IPO is expected to be Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Transrail Lighting IPO Listing Date

Transrail Lighting IPO's listing date is expected to be 2 December 2024 which is in the first week of December 2024. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Transrail Lighting IPO: Listing Date, Lot Size, Price Band

Transrail Lighting IPO  Limited: About the Company

Founded in 2008, Transrail Lighting Limited is a top-tier Indian engineering, procurement, and construction company with integrated facilities for manufacturing lattice structures, conductors, and monopoles.

With over 40 years of experience, the company delivers comprehensive turnkey solutions worldwide. Transrail operates through four main verticals: (i) power transmission and distribution (including substations), (ii) civil construction, (iii) poles and lighting, and (iv) railways, establishing itself as a reliable partner in these sectors over the decades.

Transrail Lighting IPO Objectives

Transrail Lighting IPO funds will be used to fund the working capital requirements of the company. The remaining funds will be utilised in the company operations and fulfilling the general corporate purposes.

Transrail Lighting IPO: Key Dates, Allotment, Listing Date

Transrail Lighting IPO Subscription Details, IPO Reservation

Transrail Lighting IPO subscription details will be available after the IPO opens on 25 November  2024. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.

Transrail Lighting IPO Lot Size Details

Transrail Lighting IPO lot size is set at (x) shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,700, and the maximum is 13 lots, amounting to be around Rs 1,90,000. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,01,200.

Transrail Lighting IPO Promoter Holdings

Transrail Lighting IPO promoters are Sanjay Kumar Verma, Digambar Chunnilal, Ajanma Holdings Private Limited. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

Transrail Lighting IPO Registrar

Transrail Lighting IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Transrail Lighting IPO Lead Managers

Transrail Lighting IPO lead managers are Inga Ventures Private Limited, Axis Capital Limited, HDFC Bank Limited, IDBI Capital Markets and Securities Limited.

How to apply to Transrail Lighting IPO

Interested investors can apply to the Transrail Lighting IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Transrail Lighting IPO Review

Transrail Lighting IPO may get a positive response from the general public. The company is involved in the power transmission and distribution business. So, investors interested in the power sector can apply to this IPO. This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Transrail Lighting IPO GMP will also rise.

Transrail Lighting IPO FAQ

1. What are the details of the Transrail Lighting IPO?

Transrail Lighting IPO is a book-built issue of Rs 922 crores. This upcoming IPO is likely to be a combination of fresh issue and offer-for-sale. The fresh Issue is of Rs 450 crore and OFS is of Rs 472 crore.

2. When will the Transrail Lighting IPO open and close?

Transrail Lighting IPO open date is Monday, 25 November 2024 and closing will be on Wednesday, 27 November 2024. However, as of now the open and close date is not yet finalised. The above dates are expectations.

3. What is Transrail Lighting IPO GMP?

Transrail Lighting IPO GMP quotation is around Rs 117 per share. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed, then Transrail Lighting IPO GMP might rise in the coming days.

4. What are the details of Transrail Lighting IPO reservation?

Transrail Lighting IPO subscription details will be available after the IPO opens on 25 November 2024. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Net Institutional investors.

5. Write the details of the IPO Allotment Status?

Transrail Lighting IPO allotment status is expected to be 29 November 2024. The listing will be on the BSE and NSE platforms in the first week of December. The registrar of this IPO is expected to be Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Transrail Lighting IPO?

Transrail Lighting IPO's registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status.

The lead managers are Inga Ventures Private Limited, Axis Capital Limited, HDFC Bank Limited, IDBI Capital Markets and Securities Limited. 

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?