Transrail Lighting Limited IPO GMP Today, Price, Review & Details

Introduction to Transrail Lighting Limited IPO

Transrail Lighting Limited IPO is creating buzz among investors. Scheduled to open for subscription on December 19, 2024, this book-built issue offers a total issue size of ₹838.91 crores. The IPO consists of a fresh issue of 0.93 crore shares amounting to ₹400 crores and an offer for sale (OFS) of 1.02 crore shares aggregating ₹438.91 crores. With the listing date set for December 27, 2024, investors are keen to track the Transrail Lighting Limited IPO GMP (Grey Market Premium) and expected listing price.

Transrail Lighting Limited IPO Details

Transrail Lighting Limited IPO Timeline

Transrail Lighting Limited IPO GMP Today

The Grey Market Premium (GMP) for Transrail Lighting Limited IPO is an indicator of investor demand before the official listing. As of now, Transrail Lighting Limited IPO GMP is reported at ₹85-₹100 per share. This suggests a strong potential for listing gains.

Expected Listing Price

Considering the IPO price band of ₹410 – ₹432 and the current GMP, the expected listing price could range between ₹510 – ₹532, subject to market conditions.

GMP Highlights:

• Current GMP: ₹100
• Price Band: ₹410 – ₹432
• Expected Listing Gains: 20%-25%

(Note: GMP trends change daily. Stay updated for the latest Transrail Lighting IPO GMP today.)

Transrail Lighting Limited IPO Lot Size

The minimum and maximum investments for retail and HNI investors are as follows:

About Transrail Lighting Limited

Founded in February 2008, Transrail Lighting Limited specializes in power transmission and distribution, manufacturing lattice structures, conductors, and monopoles. The company has a strong global presence in 58 countries, including Bangladesh, Kenya, Finland, and Poland.

Key Services Offered:

• EPC of transmission and distribution lines
• Civil construction projects (bridges, tunnels, cooling towers)
• Manufacturing and installation of poles and lighting systems
• Railway electrification services (track linking, signaling, telecommunication)

Key Achievements:

• Completed over 200 power transmission projects
• 4 manufacturing units across India (Gujarat, Maharashtra, and Silvassa)
• Supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles

Transrail Lighting Limited Financials

The company demonstrated impressive growth with a 30.2% revenue increase and 116.8% PAT growth between FY2023 and FY2024.

Transrail Lighting Limited IPO Review

Strengths:

• Diversified and robust order book
• Established presence in power transmission
• Proven execution capabilities in domestic and international markets
• State-of-the-art manufacturing facilities

Risks:

• High dependence on government contracts
• Competitive EPC and infrastructure sector

Verdict: With strong financials, a proven track record, and a competitive GMP, Transrail Lighting Limited IPO looks promising for short-term listing gains and long-term investments.

FAQs on Transrail Lighting Limited IPO

1. What is Transrail Lighting Limited IPO GMP today? The Transrail Lighting Limited IPO GMP is currently ₹100 per share.

2. What is the price band for Transrail Lighting IPO? The price band is set at ₹410 to ₹432 per share.

3. When does the Transrail Lighting Limited IPO open and close? The IPO opens on December 19, 2024 and closes on December 23, 2024.

4. What is the lot size for Transrail Lighting IPO? The minimum lot size is 34 shares, requiring an investment of ₹14,688.

5. When is the Transrail Lighting Limited IPO listing date? The IPO is expected to list on December 27, 2024 on NSE and BSE.

Conclusion

The Transrail Lighting Limited IPO offers strong growth prospects with promising GMP trends. Investors looking for short-term listing gains or long-term growth can consider this IPO. Stay updated on Transrail Lighting Limited IPO GMP today and allotment status to make informed investment decisions.

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