stockaxis

Transrail Lighting Ltd.

Electric Equipment

IPO Details
  • Issue Type Book building
  • Price range Rs.410-432
  • Market Lot 34
  • Total Equity Shares 13916742
  • Face Value Rs. 2
  • Listing Date Dec 27, 2024
IPO Timeline
Opening date Dec 19, 2024
Closing date Dec 23, 2024
Listing Date Dec 27, 2024

IPO Details

We are one of the leading Indian engineering, procurement and construction (“EPC”) companies with primary focus on power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors, and monopoles. We have a track record of four decades in providing comprehensive solutions on a turnkey basis globally and have been a trusted and longstanding partner in the power transmission and distribution sector. Our Company has also reported the highest growth in its revenue from operations at 35.1% among its peers in Financial Year ended March 31, 2023. (Source: CRISIL Report) Our position in the power transmission and distribution sector is owing to the following factors:• Having a footprint in 58 countries like Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, Nicaragua etc. including turnkey EPCs or supply projects.• As of September 30, 2023, we have undertaken EPC of 33,500 circuit kilometers (“CKM”) transmission lines and 30,000 CKM distribution lines, domestically and internationally. We provide EPC services in relation to substations up to 765 kilovolts (“kV”).• Our Company has presence in all the power transmission and distribution segments and majorly in high voltage (“HV”) and extra high voltage (“EHV”) segments.

Projects

1. Project Name: Funding incremental working capital requirements of our Company

Project Cost: 2500

2. Project Name: Funding capital expenditure of our Company

Project Cost: 907.25

3. Project Name: General corporate purposes

Project Cost: 811.19

Promoters

Prmoters Name

1. Ajanma Holdings Pvt Ltd.

2. Digambar Chunnilal Bagde

3. Sanjay Kumar Verma

Prmoters Holdings
  • Pre Share Capital: 106982230
  • Pre Promoter Holding: 86.31
  • Offer to Public: 13916742
  • Post Share Capital: 95478484
  • Post Promoter Holding: 71.12

Registrar

Data not availble

Lead Managers

  • Inga Ventures Pvt Ltd.
  • Axis Capital Ltd.
  • HDFC Bank Ltd.
  • IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)

Subscription Details

Field Description Field Value
Ipo Code 2872
Total Equity 13916742

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 3726985
No of Shares Bid For Qualified Institutional Buyers 749350922
Total No of Shares Bid For Qualified Institutional Buyers 201.06
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 238977534
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 35444150
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 474929238
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 2917903
No of Shares Bid For Non-Institutional Buyers 222951192
Total No of Shares Bid For Non-Institutional Buyers 76.41
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 3552048
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 209495352
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 9903792
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 6808440
No of Shares Bid For Retail Individual Investor 150251712
Total No of Shares Bid For Retail Individual Investor 22.07
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 135073466
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 15178246
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 463414
No of Shares Bid For Employee 1886626
Total No of Shares Bid For Employee 4.07
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 1742092
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 144534
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 13916742
No of Shares Bid For All 1124440452
Total 80.80