Transrail Lighting Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 9,489,721 (49%) | — | ₹40,996 Cr |
| NII (HNI) | — | 2,846,917 (15%) | — | ₹12,299 Cr |
| Retail | — | 6,642,806 (34%) | — | ₹28,697 Cr |
| Employee | — | 439,814 (2%) | — | ₹190 Cr |
| Σ Total | — | 19,419,258 (100%) | — | ₹838,912 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,688 |
| Retail (Max) | 13 | 442 | ₹190,944 |
| S-HNI (Min) | 14 | 476 | ₹205,632 |
| B-HNI (Min) | 67 | 2,278 | ₹984,096 |
Financial Statements Amount in Crore
| Metric | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 930 | 4,130 | 3,172 |
| Profit After Tax | 52 | 233 | 108 |
| Net Worth | 1,141 | 1,076 | 709 |
| Total Assets | 4,836 | 4,621 | 3,445 |
| Total Borrowing | 603 | 643 | 605 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Incremental financing working capital requirements of the company; –
- Funding capital expenditure of the company; and –
- General corporate purposes. –
Company Overview
Incorporated in February 2008, Transrail Lighting Limited is an engineering and construction company focused on power transmission and distribution and manufacturing lattice structures, conductors, and monopoles.
The company provides the following services:-
- Supply, engineering, procurement and construction of transmission lines and distribution lines.
- EPC services in civil construction including design in relation to bridges, tunnels, elevated roads and cooling towers.
- Act as manufacturers and service providers in the poles and lighting segment, including supply, installation, and testing.
- The company provides railway services, including overhead electrification, signalling, telecommunication, earthworks, and track linking.
Since its inception, the company has completed over 200 power transmission and distribution projects. The company has a presence in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, with turnkey EPCs and supply projects.
As of June 30, 2024, the company has completed the EPC of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally.
As of December 2024, the company has four manufacturing units. The first one is situated in Vadodara Gujrat, second one in Deoli, Maharashtra,and third and fourth one in Silvassa, Dadra and Nagar Haveli respectively.
As of June 30, 2024, the company supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles.
As of June 30, 2024, the company has 114 employees in the design and engineering team.
Competitive Strength:
- Strong and diversified Order Book
- Established manufacturing facilities in four locations
- Proven track record of growth and established presence in the power transmission and distribution sector through effective implementation and execution skills.