Transrail Lighting Share Price Live Updates: Transrail Lighting will be included and authorized for trading on the Exchange under the ‘B’ Group of Securities, according to the circular notice from BSE. Additionally, trading members should be aware that the aforementioned stock will participate in the Special Pre-open Session (SPOS) scheduled for Friday, December 27, 2024.

Transrail Lighting’s initial public offering (IPO) was oversubscribed by 80.80 times on the final day of the sale on Monday. The company secured ₹246 crore from anchor investors. This ₹839-crore IPO had a share price range set between ₹410 and ₹432. The offering consists of a fresh issuance of shares amounting to ₹400 crore, in addition to an Offer-for-Sale of 1.01 crore equity shares by the promoter, Ajanma Holdings Pvt Ltd.

The funds raised from the fresh issue will be allocated to cover increasing working capital needs, to finance capital expenditures, and for general corporate activities. Transrail Lighting is recognized as one of the top Indian engineering, procurement, and construction (EPC) firms, primarily concentrating on the power transmission and distribution sector and has integrated manufacturing capabilities for lattice structures, conductors, and monopoles.

Transrail Lighting is an engineering, procurement, and construction (EPC) company primarily focused on the power transmission and distribution sector, along with integrated manufacturing facilities for lattice structures, conductors, and monopoles. With a track record spanning four decades, the company provides comprehensive turnkey solutions in the power transmission and distribution sector globally.

It has completed over 200 projects in this vertical, showcasing its extensive project execution capabilities in terms of manpower, material supply (including self-manufactured products), and world-class machinery, both in India and internationally, particularly across Asia and Africa.

The company’s strong position in the power transmission and distribution sector is backed by our footprint in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, Nicaragua, and more, with a mix of turnkey EPCs and supply projects.

As of June 30, 2024, it had undertaken the EPC of 34,654 circuit kilometers (CKM) of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally.