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Transrail Lighting IPO

Power Transmission/EPC - Listed on 27 December 2024

+28.1% listing gain
Issue Price (Upper)
Rs 432
Listing Price
Rs 553.56
Closing Price (NSE)
Rs 553.55
Total Subscription
81.87x

Transrail Lighting IPO listing summary

Transrail Lighting (Power Transmission/EPC) closed its IPO window in 2024 and listed on NSE and BSE on 27 December 2024 at an upper band issue price of Rs 432, opening at Rs 553.56 for a listing gain of +28.1% and closing day one at Rs 553.55 (+28.1% on closing basis). The IPO was subscribed 81.87x overall - QIB 166.33x, HNI/NII 98.47x, Retail 26.77x. The total issue size was Rs 840.25 Cr (Fresh Issue Rs 840.25 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+28.14%
Listing Gain (Close)
+28.14%
Day Change After Listing
-0.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB166.33x
HNI / NII98.47x
Retail26.77x
Overall81.87x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 12.75x
Day 26.98x
Day 3 (Final)81.87x

Transrail Lighting IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 100+38.19%
Day 2Rs 105+39.35%
Day 3Rs 142+39.35%
Day 4Rs 165+35.19%
Day 5Rs 152+36.57%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
35.2%-39.4%
IPOGyani AI Prediction
-
Actual Listing Gain
+28.1%

Issue & financials

Issue SizeRs 840.25 Cr
Fresh IssueRs 840.25 Cr
OFSRs 0 Cr
IPO PE23.90
Peer / Sector PE23.63
PE vs Sector Ratio1.01
Latest EBITDA (Cr)56.60
Debt / Equity0.25

Market context at listing

How the broader market moved around the Transrail Lighting IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-2.30%
Nifty 1W Return-1.80%
Nifty 1M Return+2.83%
Nifty during IPO window-2.53%

Transrail Lighting IPO - FAQs

What was the listing gain of Transrail Lighting IPO?

Transrail Lighting IPO listed at +28.1% versus the upper issue price of Rs 432 on 27 December 2024.

How many times was Transrail Lighting IPO subscribed?

Transrail Lighting IPO was subscribed 81.87x overall. QIB portion was subscribed 166.33x, HNI / NII 98.47x and Retail 26.77x.

What was the IPO GMP for Transrail Lighting?

IPO GMP started at Rs 100 on Day 1 and moved to Rs 152 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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