Transrail Lighting Ltd. IPO

Transrail Lighting IPO is a book-built issue worth Rs 838.91 crores, comprising a fresh issue of Rs 400.00 crores (0.93 crore shares) and an offer for sale of Rs 438.91 crores (1.02 crore shares). The IPO opens for subscription on December 19, 2024, and closes on December 23, 2024. The allotment will be finalized on December 24, 2024, with a tentative listing date on December 27, 2024, on BSE and NSE. The price band is Rs 410 to Rs 432 per share. Retail investors can apply for a minimum lot of 34 shares for Rs 14,688, while sNII and bNII investments start at Rs 2,05,632 and Rs 10,13,472, respectively.

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Transrail Lighting Ltd. IPO Details

Check out the issue details for Transrail Lighting Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 432

Price Band

₹ 410 - 432

Issue Size

838.91 Cr.

Issue Type

Book Built

Open

2024-12-19

Close

2024-12-23

Listing price

₹ 590

Listing Gain

36.57%

Listing Date

2024-12-27

CMP

₹ 459

Current Return

6.25%

Transrail Lighting Ltd. News

Transrail Lighting jumps on getting nod to raise up to Rs 600 crore through QIP31 Jul 2026, 12:51PM Transrail Lighting gets nod to raise up to Rs 600 crore through QIP31 Jul 2026, 12:41PM Transrail Lighting informs about outcome of board meeting29 Jul 2026, 10:45AM Transrail Lighting board approves dividend28 Jul 2026, 3:13PM Transrail Lighting jumps on securing international orders worth Rs 459 crore29 Jun 2026, 11:06AM Transrail Lighting secures international orders worth Rs 459 crore 27 Jun 2026, 3:53PM Transrail Lighting gets nod to acquire 100% stake in Gactel Turnkey Projects 23 Jun 2026, 11:12AM Transrail Lighting informs about press release 2 Jun 2026, 10:02AM Transrail Lighting gains on bagging new orders worth Rs 575 crore2 Jun 2026, 9:57AM Transrail Lighting bags new orders worth Rs 575 crore2 Jun 2026, 9:41AM Transrail Lighting informs about press release 28 May 2026, 4:36PM Transrail Lighting informs about board meeting19 May 2026, 12:09PM Transrail Lighting enhances tower manufacturing capacity21 Apr 2026, 3:42PM Transrail Lighting informs about disclosure 2 Apr 2026, 4:55PM Transrail Lighting informs about updates23 Mar 2026, 4:52PM Transrail Lighting makes further investment in Transrail Trading LLC 17 Mar 2026, 4:11PM Transrail Lighting informs about credit ratings5 Mar 2026, 12:32PM Transrail Lighting informs about update13 Feb 2026, 10:23AM Transrail Lighting rises on securing new orders worth Rs 2,350 crore13 Feb 2026, 9:27AM Transrail Lighting secures new orders worth Rs 2,350 crore13 Feb 2026, 9:16AM

Company Financials

You can get the following financial statements of Transrail Lighting Ltd. as of now.

Transrail Lighting IPO Details

The details about the Transrail Lighting IPO are as follows:

  • The issue size of the IPO is 838.91 Cr.
  • The price band for Transrail Lighting IPO is Rs 410 to Rs 432.
  • The shares of Transrail Lighting IPO will list on 27th December 2024.
  • The latest tentative GMP of Transrail Lighting IPO is Rs 175.
  • The shares of Transrail Lighting IPO are subscribed 81.98 Times.

 

Transrail Lighting IPO Valuation

The approx valuation of Transrail Lighting IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 432
Existing Shares (Qty) 12.49 Cr
Fresh Issue 400 Cr
Market Cap 5795.68 Cr
EPS (FY24) Rs 19.59
PE Ratio 22.05x
Industry PE 55.05x

 

Transrail Lighting IPO Issue Size

Transrail Lighting IPO issue size is 838.91 Cr.

Issue Amount
Fresh Issue 400 Cr
Offer For Sale 438.91 Cr

 

Transrail Lighting IPO Market Lot

An individual can apply for a minimum of 1 lot of 34 shares and a maximum of 13 lots of 442 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 34 Rs 14,688
Maximum 13 442 Rs 1,90,944

 

Transrail Lighting IPO Share Offer

The shares of Transrail Lighting IPO are subscribed 81.98 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Transrail Lighting IPO GMP (Grey Market Premium)

As on GMP (Tentative)
23 December 2024 Rs 175

Transrail Lighting IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Transrail Lighting IPO Dates

Find below the dates for Transrail Lighting IPO

Schedule Date
Basis of Allotment 24 December 2024
Refunds 26 December 2024
Credit to Demat Account 26 December 2024
IPO Listing Date 27 December 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 2154.78 2328.76 3151.65 4076.52 5307.63
Total Expenditure 1870.06 2107.81 2806.37 3523.44 4553.45
Operating Profit 284.72 220.95 345.28 553.08 754.18
Other Income 20.05 47.35 39.34 62.83 77.01
Interest 137.03 138.55 188.71 246.24 300.21
Depreciation 32.88 37.83 45.78 50.14 56.24
Exceptional Items 0 0 0 0 0
Profit Before Tax 134.86 91.92 150.13 319.53 474.74
Provision for Tax 32.85 25.46 40.73 84.87 140.4
Net Profit 102.01 66.46 109.4 234.66 334.34
Adjusted EPS (Rs.) 2.7 0.59 0.96 1.89 2.49

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 7.57 22.71 22.8 24.79 26.85
Total Reserves 564.48 647.07 758 1139.06 1889.57
Borrowings 98.43 117.97 120.35 80.67 38.53
Other N/C liabilities 58.49 61.17 69.3 79.58 79.21
Current liabilities 1457.18 1997.21 2484.35 3323.64 4237.12
Total Liabilities 2186.15 2846.13 3454.8 4647.74 6271.28
Assets
Net Block 317.43 334.12 378.12 373.51 423.59
Capital WIP 3.85 17.21 4.12 5.78 12.34
Intangible WIP 0 0 0 0 0
Investments 0.65 0.66 0.66 0.65 1.83
Loans & Advances 87.06 112.9 102.8 102.46 206.21
Other N/C Assets 4.06 4.07 41.51 36.1 74.64
Current Assets 1773.1 2377.17 2927.59 4129.24 5552.67
Total Assets 2186.15 2846.13 3454.8 4647.74 6271.28
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Other Income 11.97 14.56 13.38 10.15 17.37
Profit Before Tax 149.75 124.41 153.46 146.94 146.68
Tax 41.63 34.04 41.56 46.92 36.13
Profit After Tax 108.12 90.37 111.9 100.02 110.55
Adjusted EPS (Rs) 8.05 6.73 8.34 7.45 8.23

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 71.12 0
Mar 2026 71.12 0
Dec 2025 71.12 0
Sep 2025 71.12 0
Jun 2025 71.12 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 134.86 91.92 150.13 319.53 474.74
Adjustment 110.78 84.6 132.44 157.69 162.1
Changes in Assets & Liabilities -137.32 -110.81 -126.24 -309.37 -220.68
Tax Paid -48.94 -35.36 -13.76 -110.12 -127.88
Operating Cash Flow 82.42 52 142.57 57.73 288.28
Investing Cash Flow -17.1 -89.03 -106.58 -96.17 -499.42
Financing Cash Flow 1.1 3.07 29.07 27.93 241.94
Net Cash Flow 66.42 -33.96 65.06 -10.51 30.8
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