Transrail Lighting Limited is set to debut on the Indian stock exchanges today, December 27, 2024. Following the announcement of allotment status and credit of shares to demat accounts, the company will list its shares on both the BSE and NSE.
Listing Details
- Date: December 27, 2024
- Time: 10:00 AM in the Special Pre-open Session
- Pre-open Session Duration: Begins at 9:45 AM, lasting 15 minutes
- Expected Listing Price: ₹595 to ₹610 per share
- Issue Price: ₹432 per share
- Grey Market Premium (GMP): ₹176, signaling a potential 41% listing gain
IPO Performance
- Subscription Rate: 81.98 times the issue size
- GMP Performance: Indicates robust demand, suggesting a listing premium of 40%+
- Order Book Strength: Strong domestic and international client base supports stable revenue growth.
Transrail Lighting IPO GMP Today
The current GMP of ₹176 suggests a listing price of ₹608, offering allottees a potential 41% gain on their investment.
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