| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹838.91 Cr |
| Fresh Issue | ₹400.00 Cr |
| Offer for Sale | ₹438.91 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน410.00-432.00 per share |
| Discount | Retail: 0.00,Employee: 0.00 |
| BSE Code | 544317 |
| NSE Code | TRANSRAILL |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IDBI Capital Markets &... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 34 shares and in multiples thereof
Incorporated in February 2008, Transrail Lighting Limited is an engineering and construction company focused on power transmission and distribution and manufacturing lattice structures, conductors, and monopoles.
The company provides the following services:-
Since its inception, the company has completed over 200 power transmission and distribution projects. The company has a presence in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, with turnkey EPCs and supply projects.
As of June 30, 2024, the company has completed the EPC of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally.
As of December 2024, the company has four manufacturing units. The first one is situated in Vadodara Gujrat, second one in Deoli, Maharashtra,and third and fourth one in Silvassa, Dadra and Nagar Haveli respectively.
As of June 30, 2024, the company supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles.
As of June 30, 2024, the company has 114 employees in the design and engineering team.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company; | 250.00 |
| 2 | Funding capital expenditure of our Company; and | 90.73 |
| 3 | General corporate purposes. | 81.12 |
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 4,836.17 | 4,620.61 | 3,445.49 | 2,841.87 |
| Total Income | 929.70 | 4,130.00 | 3,172.03 | 2,357.20 |
| Profit After Tax | 51.74 | 233.21 | 107.57 | 64.71 |
| NET Worth | 1,140.65 | 1,075.87 | 709.15 | 599.32 |
| Total Borrowing | 603.43 | 643.19 | 604.92 | 469.12 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 24.41% |
| ROCE | 24.33% |
| Debt / Equity | 0.56% |
| RoNW | 21.68% |
| PAT Margin | 5.65% |
| Price to Book Value | 4.70 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 18.66 | 15.42 |
| P/E (x) | 23.15 | 28.02 |
| Promoter Holding | 84.51% | 71.11% |
| Market Cap | โน5799.86 Cr. | |