Transrail Lighting IPO Allotment: Check Status Online

Transrail Lighting IPO: Subscription Details

Transrail Lighting’s IPO received a strong response from investors with the issue being subscribed 80.80 times. The issue saw especially strong demand from institutional investors.

For qualified institutional buyers (QIBs) the company had offered 37.26 lakh shares and received bids for 74.93 crore shares or 201.06 times. . The non-institutional investors (NIIs) portion was subscribed 76.41 times and received bids for  22.29 crore shares against an offer of 29.17 lakh shares.

The retail investor segment has 68.08 lakh shares on offer and was subscribed 22.07 times with bids for 15.05 crore shares. The employee portion was subscribed 4.07 times with bids for 18.86 crore shares against an offer of 4.63 crore shares.

The issue was subscribed 80.80 times with bids for 112.44 crore shares against 1.39 crore shares on offer.

Transrail Lighting IPO: Price Band and Lot Size

The price band for Transrail Lighting IPO was set at ₹410 to ₹432 per share. The issue had a lot size of 34 shares. To apply to the Transrail Lighting IPO, a minimum investment of ₹14,688 was required. The minimum lot size for small non-institutional investors and big non-institutional investors was set at 14 lots and 69 lots, respectively.

Check Transrail Lighting IPO Allotment Status

Investors who have applied for the Transrail Lighting IPO can check the allotment status on either the official registrar’s website or the BSE website.

Check Transrail Lighting IPO Allotment Status on Link Intime

Step 1: Visit the website of the IPO’s official registrar here

Step 2:  Select Transrail Lighting from the dropdown menu

Step 3: Enter your PAN, application number, or DP client ID details

Step 4: Submit and check your allotment status.

Check Transrail Lighting IPO Allotment Status on BSE

Step 1: Visit the BSE website here

Step 2: Under ‘Issue Type’, select equity.

Step 3: Select Transrail Lighting under the ‘Issue Name’.

Step 4: Enter your PAN or Application number to check the allotment status.

About Transrail Lighting

Transrail Lighting is engaged in the engineering and construction in the power transmission and distribution space. The company manufactures lattice structures, conductors, and monopoles. Additionally, the company also takes on EPC projects related to the design of tunnels, bridges, and elevated roads.

For the quarter ended June 30, 2024, the company reported a revenue of ₹929.70 crore. The company’s net profit for the quarter came in at ₹51.74 crore.