18-Dec-2024
2 mins read
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Transrail Lighting IPO GMP
Transrail Lighting IPO GMP is 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.
Also Read:
Transrail Lighting IPO FAQ
1. What is Transrail Lighting IPO GMP?
Transrail Lighting IPO GMP is 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.
2. What are the details of the Transrail Lighting IPO?
Transrail Lighting IPO is a book-built issue of Rs 400 crores plus. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 400 crore and offer-for-sale is of Rs 1.02 crore equity shares.
3. When will the Transrail Lighting IPO open and close?
Transrail Lighting IPO open date is Thursday, 19 December 2024 and closing will be on Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.
4. What are the details of Transrail Lighting IPO reservation?
Transrail Lighting IPO subscription details will be available after the IPO opens on 25 December 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 will be finalised on Thursday, 19 December 2024. The listing will be on the BSE and NSE platforms on Friday 27 December, 2024. The registrar of this IPO is 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.
What is an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes