Transrail Lighting Limited IPO Details: Date, Share Price, Size, GMP & Review

The IPO issue by TRANSRAIL LIGHTING LIMITED is both offer for sale and fresh issue. Taking the offer for sale issuance, the selling promoter will offload up to 10,160,000 Equity Shares aggregating to Rs. [●] million.

As per DRHP, the Company proposes to utilize Net Proceeds through fresh issuance towards funding the following objects:

Transrail Lighting Limited IPO Details: Date, Share Price, Size, GMP & Review

With over four decade of track record, Transrail Lighting is India’s leading engineering, procurement and construction companies, with integrated manufacturing facilities for structures, conductors, and monopoles. Transrail Lighting business is divided into four verticals i.e. power transmission and distribution, civil construction, poles and lighting, and railways. The company has a footprint in 58 countries, including turnkey epcs or supply projects. As of Sep 30, 2023, it has undertaken EPC of 33,500 circuit km of transmission lines and 30,000 circuit kilometers of distribution lines, both domestically and internationally.