The Initial Public Offering (IPO) for Transrail Lighting commenced on December 19, 2024, and concluded on December 23, 2024. The IPO is slated for listing on the BSE and NSE on December 27, 2024. Through this IPO, the company aims to raise ₹838.91 crores, comprising a fresh issue of ₹400 crores and an offer for sale (OFS) of up to 1,01,60,000 equity shares with a face value of ₹2 each.
The IPO has a price band of ₹410 to ₹432 per share. The allocation is divided as follows: 35% for retail investors, 50% for qualified institutional buyers (QIBs), and 15% for high-net-worth individuals (HNIs).
For retail investors, the minimum market lot is 34 shares, requiring an investment of ₹14,688. They can apply for a maximum of 13 lots, equivalent to 442 shares, with a total investment of ₹1,90,944.
About Transrail Lighting
Transrail Lighting operates in the power transmission and distribution sector, offering a wide range of products, including lattice structures, conductors, and monopoles. With a presence in 58 countries, the company undertakes turnkey EPC projects and supply contracts. Its portfolio also extends to civil construction, poles and lighting, and railway infrastructure.
Transrail Lighting’s financial performance reflects consistent growth in both revenue and profitability, signaling robust operational efficiency.
In 2024, the company achieved a revenue of ₹4,130 crores, a notable increase from ₹3,172.03 crores in 2023, showcasing strong top-line growth. Similarly, net profit surged to ₹233.21 crores in 2024, compared to ₹107.57 crores in 2023, underlining improved profitability.
Below is a detailed financial overview for recent years:
Financial Highlights (₹ in Crores)
| Period Ended | Revenue | Expense | Profit After Tax (PAT) | Assets |
|---|---|---|---|---|
| 2022 | ₹2,357.20 | ₹2,266.53 | ₹64.71 | ₹2,841.87 |
| 2023 | ₹3,172.03 | ₹3,024.71 | ₹107.57 | ₹3,445.49 |
| 2024 | ₹4,130.00 | ₹3,814.19 | ₹233.21 | ₹4,620.61 |
| June 2024 | ₹929.70 | ₹852.65 | ₹51.74 | ₹4,836.17 |
Key Performance Indicators (FY2024)
- Return on Equity (ROE): 24.41% – Highlights high profitability relative to shareholder equity.
- Return on Capital Employed (ROCE): 24.33% – Reflects efficient utilization of capital to generate profits.
- EBITDA Margin: 11.71% – Indicates strong operational profitability.
- PAT Margin: 5.65% – Demonstrates effective conversion of revenue into profit.
- Debt-to-Equity Ratio: 0.56 – Suggests a balanced financial structure with moderate debt levels.
The company has consistently improved its financial metrics, making it a strong contender in its sector. However, potential investors are advised to conduct thorough research and evaluate all market and company-specific factors before making investment decisions.
This data highlights Transrail Lighting’s solid financial foundation and growth trajectory, making it an attractive prospect for investors seeking long-term value.
