The highly anticipated Transrail Lighting IPO is set to open on December 19, 2024, and will run until December 23, 2024. This IPO, classified as a Book Built Issue, aims to raise approximately ₹[.] crores. The offering includes a fresh issue of ₹400 crores and an offer for sale of up to 1,01,60,000 equity shares, each with a face value of ₹2.
Investors can expect the Transrail Lighting IPO price band to fall between ₹[.] to ₹[.] per share. The allocation for retail investors is 35%, while Qualified Institutional Buyers (QIB) will receive 50%, and High Net Worth Individuals (HNI) will be allotted 15%. The listing of Transrail Lighting IPO on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) is scheduled for December 27, 2024, with allotment taking place on December 24, 2024.
In terms of financial performance, Transrail Lighting reported a revenue of ₹4130 crores in 2024, a significant increase from ₹3,172.03 crore in 2023. Similarly, the company’s profits saw a substantial rise to ₹233.21 crores in 2024, compared to ₹107.57 crores in 2023. Based on these impressive financials, potential IPO investors are advised to consider a long-term investment strategy.
Transrail Lighting IPO Details
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹400 Crores |
| Offer for Sale: | Approx 1,01,60,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Transrail Lighting IPO Market Lot
The Transrail Lighting IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Transrail Lighting IPO Dates
The Transrail Lighting IPO date is December 24 and the close date is December 26. The Transrail Lighting IPO allotment will be finalized on December 27 and the IPO listing on December 31.
| IPO Open Date: | December 19, 2024 |
| IPO Close Date: | December 23, 2024 |
| Basis of Allotment: | December 24, 2024 |
| Refunds: | December 26, 2024 |
| Credit to Demat Account: | December 26, 2024 |
| IPO Listing Date: | December 27, 2024 |
Promoters of Transrail Lighting IPO
The promoters of the company are Ajanma Holdings Private Limited, Digambar Chunnilal Bagde, and Sanjay Kumar Verma.
About Transrail Lighting IPO
Transrail Lighting is a renowned company specializing in power transmission and distribution. With a wealth of experience and a highly knowledgeable team, it has established itself as a reputable leader in the industry. The company boasts state-of-the-art manufacturing facilities for lattice structures, conductors, and monopoles.
Operating in 58 countries worldwide, including Bangladesh, Kenya, Nigeria, Finland, and Poland, Transrail Lighting excels in handling turnkey EPC and supply projects. In addition to its core focus on transmission and distribution, the company also specializes in civil construction, poles and lighting, and railways.
As of September 30, 2023, Transrail Lighting employs a workforce of 1,575 dedicated individuals. The company has experienced significant revenue growth, increasing from INR 2,139.09 in 2021 to INR 3,086.14 in 2023. Furthermore, expenses have decreased by INR 1,751, demonstrating the company’s commitment to efficiency and financial stability.
Transrail Lighting IPO Company Financial Report
The company reported revenue of ₹4130 crores in 2024 against ₹3,172.03 crore in 2023. The company reported Profit of ₹233.21 crores in 2024 against Profit of ₹107.57 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹2,357.2 | ₹2,266.53 | ₹64.71 | ₹2,841.87 |
| 2023 | ₹3,172.03 | ₹3,024.71 | ₹107.57 | ₹3,445.49 |
| 2024 | ₹4130 | ₹3,814.19 | ₹233.21 | ₹4,620.61 |
| June 2024 | ₹929.70 | ₹852.65 | ₹51.74 | ₹4,836.17 |
Transrail Lighting IPO Valuation – FY2024
Check Transrail Lighting IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 24.41% |
| ROCE: | 24.33% |
| EBITDA Margin: | 11.71% |
| PAT Margin: | 5.65% |
| Debt to equity ratio: | 0.56 |
| Earning Per Share (EPS): | ₹19.59 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 21.68% |
| Net Asset Value (NAV): | ₹86.79 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| KEC International Limited (Consolidated) |
13.49 | 91.95 | 8.50 | 159 | 19,914 Cr. |
| Kalpataru Projects International Limited (Consolidated) |
31.76 | 36.72 | 10.00 | 316 | 19,626 Cr. |
| Skipper Limited (Consolidated) |
7.66 | 75.97 | 9.10 | 84 | 3,282 Cr. |
| Patel Engineering Limited (Consolidated) |
3.64 | 15.57 | 9.56 | 38 | 4,544 Cr. |
| Bajaj Electricals Limited (Standalone) |
0.37 | 702.97 | 0.80 | 49 | 1,169 Cr. |
Objects of the Issue
Providing funding for the incremental working capital needs of our company, financing capital expenditures, and supporting general corporate purposes.