Objective of the Issue

The Company proposes to utilise the Net Proceeds towards funding the following objects:

  1. Incremental financingworking capital requirements of the company.
  2. Funding capital expenditure of the company.
  3. General corporate purposes.

IPO Details, Price, Market Lot

Transrail Lighting IPO Details
IPO Open Date 19 December 2024
IPO Close Date 23 December 2024
IPO Issue Size 1,94,19,259 shares (Aggregating up to ₹838.91 Cr)
Fresh Issue 92,59,259 shares (Aggregating up to ₹ 400.00 Cr)
Offer for Sale 1,01,60,000 Shares (Aggregating up to ₹438.91 Cr)
Retail Portion Not less than 35% of the offer
NII Portion Not less than 15% of the offer
QIB Portion Not more than 50% of the offer
Listing At BSE, NSE
Transrail Lighting IPO Price
Face Value ₹2 Per Share
IPO Price Band ₹410 to ₹432 per share
Employee Discount —–
IPO Issue Type Book Built Issue
Transrail Lighting IPO Market Lot For Retail Investor
No. of Shares Per Lot 34 Shares
Minimum Lot Size 1 Lot (34 Shares)
Minimum Amount (Cut-off price) ₹14,688
Maximum Lot Size 13 Lots (442 Shares)
Maximum Amount (Cut-off price) ₹1,90,944
Transrail Lighting IPO Market Lot For S-HNI
No. of Shares Per Lot 34 Shares
Minimum Lot Size 14 Lots (476 Shares)
Minimum Amount (Cut-off price) ₹2,05,632
Maximum Lot Size 68 Lots (2,312 Shares)
Maximum Amount (Cut-off price) ₹9,98,784
Transrail Lighting IPO Market Lot For B-HNI
No. of Shares Per Lot 34 Shares
Minimum Lot Size 69 Lots (2,346 Shares)
Minimum Amount (Cut-off price) ₹10,13,472

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 19 December 2024
IPO Close Date 23 December 2024
Basis of Allotment Date 24 December 2024
Initiation of Refunds 26 December 2024
Credit of Share to Demat Account 26 December 2024
IPO Listing Date 27 December 2024

Financial Report

Period Ended Assets
(₹ in Crore)
Revenue
(₹ in Crore)
P A T
(₹ in Crore)
Net Worth
(₹ in Crore)
Borrowings
(₹ in Crore)
30 June 2024 4,836.17 929.70 51.74 1,140.65 603.43
31 March 2024 4,620.61 4,130.00 233.21 1,075.87 643.19
 31 March 2023 3,445.49 3,172.03 107.57 709.15 604.92
31 March 2022 2,841.87 2,357.20 64.71 599.32 469.12
Period Ended 30 June 2024 31 March 2024 31 March 2023 31 March 2022
Assets 4,836.17 4,620.61 3,445.49 2,841.87
Revenue 929.70 4,130.00 3,172.03 2,357.20
P A T 51.74 233.21 107.57 64.71
Net Worth 1,140.65 1,075.87 709.15 599.32
Borrowings 603.43 643.19 604.92 469.12
Amount in ₹ Corre

Company Promotor & Promotor’s Holding

Ajanma Holdings Private Limited, Digambar Chunnilal Bagde and Sanjay Kumar Verma are the promoters of the company.

Pre Issue Promotor Holding 84.50%
Post Issue Promotor Holding  

Company Address

Transrail Lighting Limited
501, A,B,C,E Fortune 2000, Block G Bandra, Kurla Complex, Bandra, East Mumbai,-400051
Phone: +91 22 6197 9600
Email: cs@transraillighting.com
Website: https://transrail.in/

IPO Registrar, Lead Manager, Prospectus

Transrail Lighting IPO Prospectus
Transrail Lighting IPO Registrar
Link Intime India Private Ltd
Transrail Lighting IPO Lead Manager
  1. Inga Ventures Pvt Ltd
  2. Axis Capital Limited
  3. Hdfc Bank Limited
  4. Idbi Capital Market Services Limited