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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Transrail Lighting Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹432
Per ShareLot Size
34 Shares
Minimum Investment
₹14,688
Issue Size
₹838.91 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
84.52%
Promoter Holding (Post-Issue)
71.12%
Issue Type
Book Building
ISIN
INE454P01035
We are an Indian engineering, procurement and construction ("EPC") company. Our Company primarily focuses on power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors, and monopoles. We have a track record of four decades in providing comprehensive solutions in the power transmission and distribution sector, on a turnkey basis globally and have been a trusted and longstanding partner.We have completed more than 200 projects in power transmission and distribution verticalsince our inception, along with comprehensive and extensive project execution capabilities in terms of manpower, supply of materials (including self-manufactured products) and availability of world class machinery, both in India and internationally (majorly across Asia and Africa). Our business is divided into four verticals, namely (i) power transmission and distribution, (ii) civil construction, (iii) poles and lighting, and (iv) railways.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 19,419,258* equity shares of face value of Rs. 2 each ("Equity Shares") of Transrail Lighting Limited (The "Company" or the "Company") for cash at a price of RS. 432 per equity share (including a premium of RS. 430 per equity share) ("Offer Price") aggregating to Rs. 838.91 crores* (the "Offer") comprising a fresh issue of 9,259,258* equity shares of face value of Rs. 2 each aggregating to Rs. 400.00 crores* (the "Fresh Issue") and an offer for sale (the "Offer for Sale") of 10,160,000* equity shares of face value of Rs. 2 each aggregating to Rs. 438.91* crores by Ajanma Holdings Private Limited ("Promoter Selling Shareholder") ("Offered Shares"). The offer constitutes 14.46 % of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, undertook a private placement of specified securities, as permitted under applicable laws, to specified persons, for an amount aggregating to Rs. 50.00 crores ("pre-ipo placement"). The pre-ipo placement has not exceeded 20% of the fresh issue. The pre - ipo placement was at a price decided by the company, in consultation with the brlms. Since the pre-ipo placement was undertaken, the amount raised from the pre-ipo placement aggregating to Rs. 50.00 crores has been reduced from the fresh issue, subject to the offer complying with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended (scrr). The company has appropriately intimated the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. The offer included a reservation of 439,814* equity shares, aggregating to Rs. 19.00 crores (constituting 0.33 % of the post offer paid-up equity share capital of the company) for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 14.46% and 14.14%, respectively, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 2 each. The offer price is 216 times the face value of the equity shares. *Subject to finalisation of basis of allotment
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The power transmission and distribution system across India has expanded extensively. The total length of domestic transmission lines rose from 413,407 CKM in Financial Year ended March 31, 2019 to 485,544 CKM in Financial Year ended March 31, 2024. Further, India has the second-largest road network in the world, spanning 6.30 million KM. Large highways/ expressways are the key demand drivers for the high mast lighting in India. With more than 20 expressways planned across the country and with award of approximately 5,000 KM of highways every year in the next five Financial Years, the demand for high masts is expected to be supported by road segment.
Our Company was originally incorporated as `Transrail Lighting Limited' at Mumbai, Maharashtra as a public limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated February 18, 2008, issued by RoC and commenced operations pursuant to a certificate of commencement of business dated March 14, 2008.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.