Transrail Lighting Limited IPO
Transrail Lighting Limited was a mainboard IPO in the Heavy Electrical Equipment sector, offered at ₹410–₹432 per share to raise ₹839 crore. The issue was subscribed 80.8× overall (QIBs 201.06×, NIIs 76.41×, retail 22.07×). It listed on 27 Dec 2024 at ₹590 and closed its first day at ₹554, a listing gain of +28.1% versus the ₹432 issue price. It now trades around ₹423 (-2.0% versus the issue price).
Frequently asked questions
- How many times was the Transrail Lighting Limited IPO subscribed?
- The Transrail Lighting Limited IPO was subscribed 80.8× overall — 201.06× in the QIB category, 76.41× among non-institutional investors, 22.07× in retail.
- What were the Transrail Lighting Limited IPO listing gains?
- Transrail Lighting Limited listed on 27 Dec 2024 at ₹590, closing its first day at ₹554 — a listing gain of +28.1% versus the ₹432 issue price.
- What were the retail allotment odds for the Transrail Lighting Limited IPO?
- Retail was subscribed 22.07×, so a single-lot application had roughly a 4.5% chance of allotment (about 1 in 22), and allotment was finalised on 25 Dec 2024.
- What was the price band and lot size of the Transrail Lighting Limited IPO?
- The price band was ₹410–₹432 per share, with a minimum lot of 34 shares (₹14,688 at the upper band).
- Who were the registrar and lead manager for the Transrail Lighting Limited IPO?
- Link Intime India Private Limited was the registrar, and Inga Ventures was the book-running lead manager.