Transrail Lighting IPO GMP Today: The stock market constantly buzzes with new opportunities, and the latest excitement revolves around Transrail Lighting’s Initial Public Offering (IPO). This article delves deep into the details of Transrail Lighting IPO, including its Grey Market Premium (GMP), company background, IPO schedule, and expected returns. If you’re considering investing, this comprehensive guide will equip you with the information necessary to make an informed decision.
What is Transrail Lighting?
Transrail Lighting is a prominent player in the power transmission and distribution sector. With over 58 overseas projects spanning countries like Bangladesh, Kenya, Nigeria, Finland, and Poland, the company has built a solid reputation. Its expertise lies in providing turnkey EPC (Engineering, Procurement, and Construction) solutions, manufacturing lattice structures, conductors, and monopoles. The company also has a strong presence in civil construction, railway electrification, and pole manufacturing.
Financial Highlights
The company has shown consistent growth over the years:
- Revenue Growth: From ₹2,139.09 crore in 2021 to ₹3,086.14 crore in 2023.
- Workforce: Employing 1,575 individuals as of September 30, 2023.
- Focus Areas: Turnkey EPC projects, civil construction, and advanced manufacturing.
This financial strength and diversified portfolio make Transrail Lighting an attractive investment opportunity.
Transrail Lighting IPO Details
The IPO offers investors a chance to participate in the company’s promising growth trajectory. Below are the key details:
| Details | Information |
|---|---|
| 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 crore |
| Fresh Issue | ₹400 crore |
| Offer for Sale (OFS) | 1,01,60,000 equity shares |
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
| Listing | BSE & NSE |
Grey Market Premium (GMP) Analysis
Grey Market Premium (GMP) serves as a vital indicator of market sentiment for an IPO. For Transrail Lighting, the GMP trends are promising:
Transrail Lighting IPO GMP Live Rates
| Date | IPO GMP | Subject to Sauda |
|---|---|---|
| 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 |
What Do These Numbers Mean?
- Positive GMP: Indicates strong demand in the grey market, often reflecting higher listing gains.
- Subject to Sauda: Represents the premium paid for IPO allotments. A higher value suggests greater interest among investors.
Key Dates to Remember
| Event | Date |
|---|---|
| Basis of Allotment | December 24, 2024 |
| Refund Initiation | December 26, 2024 |
| Credit to Demat Account | December 26, 2024 |
| Listing Date | December 27, 2024 |
Why Consider Transrail Lighting IPO?
- Proven Track Record: Strong financial performance and operational expertise in power transmission.
- Global Presence: Active in over 58 countries, showcasing robust international demand.
- Growth Potential: Strategic focus on expanding its portfolio, including railways and civil construction.
FAQs on Transrail Lighting IPO
What is Transrail Lighting IPO GMP Today?
The GMP for Transrail Lighting IPO is ₹165 as of December 27, 2024.
What is Kostak Rate for this IPO?
Currently, the Kostak Rate for Transrail Lighting IPO is not applicable.
What is Subject to Sauda for this IPO?
The Subject to Sauda rate is ₹5,200 as of December 27, 2024.
What are the Expected Returns?
Expected returns from Transrail Lighting IPO stand at 45%, depending on market conditions.
Is it Safe to Invest Based on GMP?
While GMP offers a glimpse into market demand, investors should rely on the company’s fundamentals and long-term potential for investment decisions.
Disclaimer
The information provided in this article is for educational purposes. IPO Grey Market Premium (GMP) data is valid for specific dates and may change. Investors are advised to evaluate the company’s fundamentals before subscribing to the IPO.
By combining solid financial performance, global presence, and a clear growth strategy, Transrail Lighting IPO emerges as a compelling investment. Ensure to review the fundamentals and market conditions before making a decision.
