Transrail Lighting Limited is set to launch its public offering. The issue will open on 19 December 2024 (Thursday) and it will close on 23 December 2024 (Monday). This is a Fixed Price issue. Through this offering, the company aims to raise approximately ₹* crores from potential investors.
The public offering consists of a fresh issue of * equity shares, amounting to ₹* crores and an Offer for Sale for * Equity Shares worth ₹*. The face value of the shares is ₹2 per share, and the issue price is set at ₹* per share. Investors can bid for a minimum lot size of * shares.
IPO Key Highlights
| Category | Detail | Information |
|---|---|---|
| Key Dates | IPO Open Date | December 19, 2024 |
| IPO Close Date | December 23, 2024 | |
| Listing Date | * | |
| Pricing Information | Face Value | ₹2 per share |
| Price | * | |
| Offer Structure | Total Issue Size | * |
| Fresh Issue | ₹400.00 Cr | |
| Offer for Sale | 10,160,000 shares | |
| Investor Details | Lot Size | * |
| Listing Exchange | BSE, NSE | |
| IPO Type | Book Built Issue |
Important Dates to Remember
| Event | Date |
|---|---|
| IPO Opening Date | 19 December, 2024 (Thursday) |
| IPO Closing Date | 23 December, 2024 (Monday) |
| Basis of Allotment | 24 December, 2024 (Tuesday) |
| Initiation of Refunds | 26 December, 2024 (Thursday) |
| Credit of Shares to Demat | 26 December, 2024 (Thursday) |
| Listing Date | 27 December, 2024 (Friday) |
What is GMP of Transrail Lighting IPO Today?
As of December 18, 2024, the Grey Market Premium (GMP) for the Transrail Lighting IPO is ₹136. This indicates that the shares are expected to list at approximately ₹568 per share.
Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.
Company Financial Standing
| Particulars | As at 30 June 2024 (₹ Crores) | FY 2024 (₹ Crores) | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) |
|---|---|---|---|---|
| Total Assets | 4,836.17 | 4,620.61 | 3,445.49 | 2,841.87 |
| Total Revenue | 929.70 | 4,130.00 | 3,172.03 | 2,357.20 |
| Total Expense | 852.65 | 3,814.19 | 3,024.71 | 2,266.53 |
| Profit After Tax | 51.74 | 233.21 | 107.57 | 64.71 |
| Company’s Net Worth | 1,140.65 | 1,075.87 | 709.15 | 599.32 |
Company’s Key Performance Indicators
| Key Performance Indicator | Value |
|---|---|
| Return on Capital Employed (ROCE) | 24.33% |
| Return on Equity (ROE) | 24.41% |
| Debt to Equity Ratio | 0.56 |
| Return on Net Worth (RoNW) | 21.68% |
| EBITDA Margin (%) | 9.32% |
| After Tax Profit Margin (%) | 5.65% |
| Net Asset Value (NAV) | ₹62.21 |
| Earnings Per Share (EPS) | ₹9.45 |
| Price to Book Value (P/BV) | * |
Lot Size and Application Amount
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Investor (Minimum Lot) | 1 | * | * |
| Retail Investor (Maximum Lot) | 1 | * | * |
| HNI Investor (Minimum Lot) | 2 | * | * |
Investor Category-Wise Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
Net Cash Flow Generated
| Activity | For the period ended June 30, 2024 (₹ Crores) | FY 2024 (₹ Crores) | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) |
|---|---|---|---|---|
| Net Cash from Operating Activities | 131.87 | 35.49 | 142.68 | 50.16 |
| Net Cash Used in Investing Activities | -75.28 | -78.30 | -104.53 | -81.39 |
| Net Cash from / (Used in) Financing Activities | -78.10 | 27.95 | 29.06 | -0.37 |
Revenue Breakdown from Different Verticals
| Vertical | For the period ended June 30, 2024 (₹ Crores) | FY 2024 (₹ Crores) | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) |
|---|---|---|---|---|
| Power transmission and distribution | ₹746.03 | ₹3,361.12 | ₹2,406.56 | ₹1,535.92 |
| Civil construction | ₹104.03 | ₹374.12 | ₹331.78 | ₹442.03 |
| Railways | ₹19.48 | ₹97.43 | ₹176.09 | ₹152.14 |
| Poles and lighting | ₹27.37 | ₹176.56 | ₹171.70 | ₹154.05 |
| Total | ₹896.90 | ₹4,009.23 | ₹3,086.14 | ₹2,284.14 |
Domestic vs International Revenue
| Location | For the period ended June 30, 2024 (₹ Crores) | FY 2024 (₹ Crores) | FY 2023 (₹ Crores) | FY 2022 (₹ Crores) |
|---|---|---|---|---|
| In India | 449.46 | 1,661.92 | 1,438.84 | 1,417.03 |
| Outside India | 447.44 | 2,347.31 | 1,647.30 | 867.11 |
| Total | 896.90 | 4,009.23 | 3,086.14 | 2,284.14 |
Key Objectives of this Issue
The net proceeds from the issue will be utilized for the following purposes.
- Working capital requirements.
- Funding capital expenditure.
- General corporate purposes
Competitive Strengths
- Experienced Leadership
- Strong Manufacturing Capabilities
- Diverse Order Book
- Technical Expertise
- Commitment to Quality
- Strong Financial Performance
- Global Reach
Risk Factors for the Company
- The company may face liquidity issues which may affect its financial Performance.
- High inflation can impact smoothly operations of company.
- Adverse weather may disrupt operations and delay the projects.
- Economic instability or political changes could affect business.
- Exchange rate fluctuations may harm financial performance.
Popular Questions
- What are the opening and closing dates for the Transrail Lighting public offering?
The issue opens on 19 December, 2024, and closes on 23 December, 2024. - What is the issue price for the Transrail Lighting public issue?
The issue price is ₹[*] per equity share. - What is the lot size for retail investors in this offer?
Retail investors can bid for a minimum of * shares, amounting to ₹[*] (at the issue price). - Who is the lead manager for this public offering?
The lead managers are Inga Ventures Private Limited, Axis Capital Limited, HDFC Bank Limited, and IDBI Capital Markets & Securities Limited. - Who is the registrar for the Transrail Lighting public issue?
The registrar is Link Intime India Private Limited. - What are the main objectives of this offer?
The funds raised through this issue will be utilized for purchasing new machinery, enhancing brand visibility and awareness, and general corporate purposes. - On which stock exchange will the shares be listed?
The shares of Transrail Lighting are proposed to be listed on the BSE SME platform. - What is the total issue size for the Transrail Lighting public offering?
The total issue size is 10160000 equity shares. - When will the allotment and refund process begin?
The allotment date is 24 December, 2024, and refunds will begin on 26 December, 2024. - When will the shares be credited to the Demat account?
Shares will be credited to the Demat accounts on 26 December, 2024. - What is the expected listing date for the offer?
The shares are expected to list on 27 December, 2024.
It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.
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Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Transrail Lighting IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.
Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.
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