The Transrail Lighting Limited IPO allotment is expected to be finalized today, Tuesday, December 24, 2024. The ₹839 crore IPO, open between December 19 and December 23, garnered a robust response, with an overall subscription of 81 times.
Subscription details:
- Qualified Institutional Buyers (QIBs): Subscribed 197 times
- Non-Institutional Investors (NIIs): Subscribed 76.41 times
- Retail Investors: Subscribed 22.07 times
- Employee Portion: Subscribed 4.07 times
Grey Market Premium (GMP):
The grey market premium (GMP) for Transrail Lighting stands at ₹192, which is 44.44% above the issue price of ₹432. Based on the GMP, the expected listing price is approximately ₹624 per share. However, investors should note that GMP is an unofficial indicator and may not guarantee actual listing gains.
Important dates:
- Credit of shares/refunds: December 26, 2024
- Listing date: December 27, 2024 (on NSE and BSE)
Steps to check Transrail Lighting IPO allotment status:
On BSE:
- Visit the IPO allotment page on the BSE: BSE Allotment Status.
- Select Equity as the ‘Issue Type’.
- Choose Transrail Lighting Ltd. from the dropdown menu.
- Enter your application number or PAN.
- Verify the CAPTCHA.
- Click ‘Search’ to view your share allotment status.
On Link Intime India:
- Visit the Link Intime website: Link Intime IPO Status.
- Navigate to Investor Services > Public Issues.
- Select Transrail Lighting Ltd. from the dropdown menu.
- Choose from PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Enter the required details and click ‘Submit’ to check the status.
About Transrail Lighting Limited:
Transrail Lighting is a prominent Engineering, Procurement, and Construction (EPC) company specializing in power transmission and distribution. The company boasts integrated manufacturing facilities for lattice structures, conductors, and monopoles and has an international presence in over 58 countries.
Stay tuned for further updates on the listing performance of Transrail Lighting Limited on December 27, 2024.
