Transrail Lighting IPO is to open on December 19. Transrail Lighting is a Mainline IPO to raise ₹838.91 crores via IPO. The Transrail Lighting IPO price band is fixed at ₹410 to ₹432 with a market lot of 34 Shares.
Transrail Lighting is a well-known company in power transmission and distribution. With years of experience and a knowledgeable team, it’s a reputable company in partnership. It has manufacturing facilities for lattice structures, conductors, and monopoles. This company is renowned in a total of 58 overseas including Bangladesh, Kenya, Nigeria, Finland, and Poland, handling turnkey EPC and supply projects. A part of transmission and distribution, it’s also focused on civil construction, poles and lighting, and railways. As of September 30, 2023, the company employed 1,575 people. It is apparent, that the revenue of this company has increased from 2021 to 2023 rising from INR 2,139.09 to INR 3,086.14 respectively. The expense of this company dropped INR 1,751…
Transrail Lighting IPO GMP Live Rates Today
Date | IPO GMP | GMP Trend | Kostak | Subject to |
27 December | ₹165 | ₹- | ₹5,200 | |
26 December | ₹194 | ₹- | ₹5,200 | |
25 December | ₹194 | ₹- | ₹5,200 | |
24 December | ₹194 | ₹- | ₹5,200 | |
23 December | ₹175 | ₹- | ₹4,700 | |
21 December | ₹186 | ₹- | ₹4,800 | |
20 December | ₹175 | ₹- | ₹4,000 | |
19 December | ₹135 | ₹- | ₹3,000 | |
18 December | ₹120 | ₹- | ₹3,000 | |
17 December | ₹120 | ₹- | ₹3,000 | |
16 December | ₹- | – | ₹- | ₹- |
14 December | ₹- | – | ₹- | ₹- |
13 December | ₹- | – | ₹- | ₹- |
12 December | ₹- | – | ₹- | ₹- |
11 December | ₹- | – | ₹- | ₹- |
10 December | ₹- | – | ₹- | ₹- |
9 December | ₹- | – | ₹- | ₹- |
Note: A positive IPO GMP means there is strong demand in the grey market for that IPO in another case a negative IPO GMP means there is no or lower demand in the grey market. The demand will lead to a positive or negative IPO listing.
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: | ₹410 to ₹432 Per Share |
Issue Size: | Approx ₹838.91 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 Dates
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 |
Transrail Lighting IPO GMP aka Grey Market Premium FAQs:
What is Transrail Lighting IPO GMP Today?
What is Transrail Lighting IPO Kostak Rate Today?
What is Transrail Lighting IPO Subject to Sauda Today?
What is Transrail Lighting IPO Expected Returns?
Disclaimer:
- IPO Grey Market Premium (Transrail Lighting IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
One Response
Hi Subhadra
You can apply with long term view