Transrail Lighting IPO GMP, Review, Subscription Status, allotment & listing details @ Chanakyanipothi.com
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Latest updates of Transrail Lighting IPO Listing
The company is expected to enter the capital market in the month of November 2024.
What is the last GMP of Transrail Lighting IPO?
For latest GMP, Click
Transrail Lighting IPO SubscriptionsPrice Rs. ? Lot ? shares, Rs. ? Crore |
|||||
QIB | B HNI X | S HNI X | NII X | RII X | Total X |
Applications: ? / (?x) Amount wise Bids recd. Rs. ? Crore |
Who are the promoters of Transrail Lighting IPO?
THE PROMOTERS OF THE COMPANY ARE AJANMA HOLDINGS PRIVATE LIMITED, DIGAMBAR CHUNNILAL BAGDE AND SANJAY KUMAR VERMA
What are the Objects of Transrail Lighting IPO?
The Company proposes to utilise the Net Proceeds towards funding the following objects:
1.Funding incremental working capital requirements of our Company;
2.Funding capital expenditure of our Company; and 3.General corporate purposes.
What is the business of Transrail Lighting?
Transrail Lighting is one of the leading Indian engineering, procurement and construction (“EPC”) companies with primary focus on power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors, and monopoles. It has a track record of four decades in providing comprehensive solutions on a turnkey basis globally and have been a trusted and longstanding partner in the power transmission and distribution sector. The Company has also reported the highest growth in its revenue from operations at 35.1% among its peers in Financial Year ended March 31, 2023. Its position in the power transmission and distribution sector is owing to the following factors:
• Having a footprint in 58 countries like Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, Nicaragua etc. including turnkey EPCs or supply projects.
• As of September 30, 2023, it has undertaken EPC of 33,500 circuit kilometers (“CKM”) transmission lines and 30,000 CKM distribution lines, domestically and internationally. It provides EPC services in relation to substations up to 765 kilovolts (“kV”).
• The Company has presence in all the power transmission and distribution segments and majorly in high voltage (“HV”) and extra high voltage (“EHV”) segments.
Market Opportunity for this company:
The power transmission and distribution system across India has expanded extensively. The total length of (i) domestic transmission lines rose from 413,407 CKM in Financial Year ended March 31, 2019 to 471,341 CKM in Financial Year ended March 31, 2023, and (ii) domestic distribution lines rose from 582,100 CKM in Financial Year ended March 31, 2019 to 971,500 CKM in Financial Year ended March 31, 2023. To service a large generation installed base, the estimated investment in the transmission sector is expected to cumulatively reach approximately Rs.2.30 trillion for Financial Year 2024-2028. Investments in distribution sector will be led primarily by spending under revamped distribution sector scheme, bolstered by smart metering investments, leading to cumulative investment in distribution to the tune of approximately Rs.3.00-3.50 trillion over the next five years.
For more information, click : www.transrail.in
Transrail Lighting IPO GMP, Particulars & Guidance
Transrail Lighting IPO Details | |
IPO opens on | November 2024 |
IPO closes on | November 2024 |
Issue Type | Book Built Issue IPO |
Issue Size | ? Shares / Rs 450 Crore |
* Fresh Issue | 10,160,000 Shares / Rs ? Crore |
* Offer for Sale | – Sh /Rs – Cr |
Face Value per share: | Rs. 2 |
Price Band | Rs.? |
Retail Discount | Rs 0 per share |
Employee discount | Rs. 0 per share |
Retail Lot Size | ? Shares |
Listing will at | BSE, NSE |
Shares offered in Transrail Lighting? | Shares | Rs. in Crore |
QIB (50 %) | ? | ? |
NII (15 %) | ? | ? |
RII (35 %) | ? | ? |
Employees | ? | – |
Total Shares | ? | – |
Retail portion will be oversubscribed by | ? Forms. | |
How to apply in Transrail Lighting IPO? | Amount Rs. |
|
Min Retail Application | ? Shares | ? |
Max Retail Application | ? Shares | ? |
Small HNI (Min) application | ? Shares | ? |
Small HNI (Max) application | ?Shares | ? |
Big HNI Application | ? Shares | ? |
What is the timetable of Transrail Lighting IPO? | |
IPO opens on | November 2024 |
IPO Closes on | November 2024 |
IPO Allotment on | November 2024 |
Unblocking of ASBA | November 2024 |
Credit of Shares | November 2024 |
Listing on | November 2024 |
Registered Office of Transrail Lighting | |
501, A,B,C,E Fortune 2000, Block G, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400 051 India |
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Who are the Lead Managers of Transrail Lighting IPO? Inga Ventures Private Limited Axis Capital Limited HDFC Bank Limited IDBI Capital Markets & Securities ltd |
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Registrar to IPO | |
Link Intime India |
Transrail Lighting IPO Financial & Analytical Ratios | ||||
Year | Total Income | Net Profit | EPS | RoNW |
Rs. in Cr | Rs.in Cr | Rs. | % | |
2021-22 | 2357 | 64.71 | 11.62 | 10.80 |
2022-23 | 3172 | 107.57 | 9.45 | 15.17 |
2023-24 6M | 1861 | 84.89 | 7.44 | 9.17 |
Book Value of the Share on 30.09.2023 |
Rs. | 74.64 | ||
BV after the FPO | Rs. | ? | ||
Offer Price at Cap | Rs. | ? |
Transrail Lighting IPO Ratio Analysis |
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Price /EPS | ? |
Price/BV | ? |
Price/BV after IPO | ? |
How Transrail Lighting IPO compares with the Peers?
As on date of DRHP | FV | Total | PE |
Rs. | Income | Ratio of | |
Rs. In Cr | |||
Transrail Lighting | 2 | 3086 | ? |
KEC International | 2 | 17282 | 106.08 |
Kalpataru Projects | 2 | 16361 | 33.69 |
Skipper ltd | 1 | 1980 | 96 |
Bajaj Electricals | 2 | 5429 | 53 |
Patel Engineering | 1 | 4202 | 19.39 |
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Transrail Lighting IPO Review * by Paresh Gordhandas, CA & Research Analyst.
Size: ?
Financial Snapshot & Guidance:?
* Disclosure: ?
Quicklinks
Transrail Lighting IPO GMP
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