Transrail Lighting’s IPO is now open on 19 December and going to close on 23 December. It is a small-cap company but has huge potential for profitability in the long-term as the net profit and revenue of the company become 3X to 4X in the last 3 to 4 financial years. Check Transrail Lighting IPO GMP Today for better clarity of the listing price.
Transrail Lighting Ltd’s compounded sales growth of 3 years is 23% and 5 years is 30%, and the compounded profit growth of 3 years is 33% and 5 years is 114%. As of now, the company has cash of Rs. 245 Crore and debt of Rs. 626 Crore.
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Transrail Lighting IPO GMP Today
As of 11 Dec 2024, Transrail Lighting IPO GMP (grey market premium) Today is trading at Rs. 185. As per the GMP, the estimated listing price of the IPO in NSE and BSE is Rs. 617.
| Date | Live IPO GMP | EST. Listing Gains | Price Band | IPO Size | Bidding Dates |
|---|---|---|---|---|---|
| 20 Dec 2024 (Today) | ₹185 | ₹617 (42.82%) | ₹410 – ₹432 | ₹838.91 Crore | 19 Dec – 23 Dec |
Disclaimer: You should not completely rely on the IPO GMP as it is not an accurate indicator, and its trend may change rapidly anytime. Before applying for an IPO, you should check various things like Brokerage or Expert view, Subscription Levels or Status, Risks Involved, Financials, Industry and Market Conditions, Valuations, Company Fundamentals, Promoters and management, etc.
About Trasnrail Lighting Ltd
Transrail Lighting Ltd was established in 2008, it is one of the leading EPC (Engineering, Procurement, and Construction) companies in India. It is engaged in the business of Power transmission and distribution, Railways, Civil Construction, Poles, and Lighting. The company has a presence in 58 countries.
As per September 2023 data the company’s achievements, 30,000 distribution networks were created in India, 33,500 CKM (circuit km) of transmission lines, 463 towers, 4,50,000 streetlights & high mast supplied, 13,00,000 metric tonnes lattice towers supplied, 1,50,000KM of conductors supplied, and more.
Transrail Lighting IPO Details
Transrail Lighting IPO open date is 19 December and it will close on 23 December. The IPO’s issue size is Rs. 838.91 Crore where Rs. 400 Crore is the fresh issue and the price band of the IPO is set to Rs. 410 to Rs. 432 where Face Value per equity share is Rs. 2.
| IPO Type | Mainboard |
| IPO Open Date | 19 December 2024 |
| IPO Close Date | 23 December 2024 |
| IPO Listing Date | 27 December 2024 |
| IPO Refund Date | 26 December 2024 |
| IPO Allotment Date | 24 December 2024 |
| IPO Demat Credit Date | 26 December 2024 |
| IPO Price Band | ₹410 to ₹432 Per Share |
| IPO Listing | NSE & BSE |
| Issue Size | Approx ₹838.91 Crore |
| Fresh Issue | Approx ₹400 Crore |
| Offer For Sale | Approx 1,01,60,000 Equity Shares |
| NII Quota | Not More Than 15% |
| QIB Quota | Not More Than 50% |
| Retail Quota | Not More Than 35% |
| Prospectus | Click Here |
Profit and Loss
In the June 2024 quarter, the company made sales of Rs. 916 Crore and profit after tax (net profit) of Rs. 52 crore.
Annual Profit and Loss: Currently, five years (March 2020 to March 2024) of annual profit and loss data for Transrail Lighting Ltd. are available.
In March 2020, the company reported a net profit of Rs. 102 Crore, Rs. 98 Crore net profit in March 2021, Rs. 65 Crore net profit in March 2022, Rs. 147 Crore net profit in March 2023, and Rs. 316 Crore Net Profit in March 2024.
In March 2021, the company’s net profit declined by Rs. 4 Crore compared to its previous year’s profit. However, after March 2022, the net profit of the company was consistently growing.
The decline was due to high taxes, as the sales of the company have consistently grown for the last 5 years.
FAQs
As of 19 December 2024, the Trasnrail Lighting IPO GMP (grey market premium) is trading at Rs. 185. As per the current GMP, the estimated listing price of the IPO is nearly Rs. 617 (42.82%).
Yes, Trasnsail Lighting is a small-cap company. However, the company is maintaining its financials and keeping its debt low. In other words, you can say it is a small-cap company with strong financials.
In the past 5 years, the company made good profits, In March 2020, the company reported a net profit of Rs. 102 Crore, Rs. 98 Crore net profit in March 2021, Rs. 65 Crore net profit in March 2022, Rs. 147 Crore net profit in March 2023, and Rs. 316 Crore Net Profit in March 2024.
It is up to you, to analyze the company, industry, and other top companies of the industry. After analysis, if you find out that it is a good company then you can apply.
We strongly recommend you do not apply for this or any IPO based on the IPO’s GMP. In many cases, the IPO is listed on the market’s opposite side. IPO GMP is not an accurate indicator to predict the listening of any IPO.
The Bottom Line
Transrail Lighting Ltd company is a small-cap company. The company has been making profits over the years and its profits are consistently growing over the years. As of now, the Transrail Lighting IPO GMP Today is trading at a very high level, you can check above.