Transrail Lighting IPO Day 2: Transrail Lighting’s shares get subscribed 5.31x times on day 2Transrail Lighting IPO Day 2: Transrail Lighting’s shares get subscribed 5.31x times on day 2

Transrail Lighting Limited IPO saw a Day 2 subscription of 5.31x, with Qualified Institutional Buyers (QIBs) at 1.38x, Non-Institutional Investors at 7.23x, Retail Institutional Investors at 6.90x, and Employees at 1.40x, reflecting strong investor demand across all categories.

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Transrail Lighting Limited IPO Subscription Status

Transrail Lighting Limited IPO garnered a 2.07x subscription on Day 1, with Qualified Institutional Buyers at 0.78x, Non-Institutional Investors at 2.10x, Retail Institutional Investors at 2.85x, and Employees at 0.64x, reflecting strong demand.

How to check Transrail Lighting Ltd IPO Subscription Status?

Steps to check Transrail Lighting Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Transrail Lighting Ltd IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Transrail Lighting Ltd IPO Allotment Status

The allotment date for the Transrail Lighting Ltd IPO is set for December 24, with shares priced from ₹410 to ₹432 per share and a face value of ₹2. The offering consists of lots of 34 shares, with bids accepted for these lots or their multiples.

Transrail Lighting Ltd IPO Listing Date 

Transrail Lighting Ltd IPO is expected to be listed on the NSE SME on December 27, 2024.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.