Share the post "IPO Launch: Transrail Lighting’s Initial public offering on 19-12-2024!"
An IPO, or Initial Public Offering, is the first sale of stock by a private company to the public, marking its entry into the stock market. This process helps the company raise funds for expansion and provides liquidity to existing shareholders. The IPO process includes setting a share price, marketing the offering, and complying with regulatory requirements to ensure transparency for potential investors. Transrail Lighting IPO of Initial public offering type offers an equity issue (inclusive of premium) with a face value of ₹ 2.00. The issue is live from 19 Dec 2024 to 23 Dec 2024 , with a market lot of 34 shares. This call notice includes , covering ₹2.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | Transrail Lighting Limited |
|---|---|
| Offer Price () | 410.00 – 432.00 |
| Face Value | 2.00 |
| Type Of Issue | IPO |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Symbol | TRANSRAILL |
| Issue Period | 19 Dec 2024 to 23 Dec 2024 |
| Issue Size – No. Of Shares | 1,99,16,097 |
| Price Band | 410.00-432.00 |
| Tick Size | 1.00 |
| Market Lot | 34 |
| Minimum Bid Quantity | 34 |
| Maximum Bid Quantity For Qualified Institutional Investors | 19452658 |
| Maximum Bid Quantity For Non-Institutional Investors | 9726312 |
| Book Running Lead Manager | 1) Inga Ventures Private Limited2) Axis Capital Limited3) HDFC Bank Limited4) IDBI Capital Markets & Securities Limited |
| Sponsor Bank | 1) ICICI BANK2) AXIS BANK |
Transrail Lighting IPO opens on 19-12-2024, and closes on 23-12-2024
| Start Date | 19-12-2024 |
|---|---|
| End Date | 23-12-2024 |
| Issue Period | 19 Dec 2024 to 23 Dec 2024 |
Here are more informative data links:
- Price-Band Advertisement
- Prospectus & GID
- Blank ASBA Form
- Online ASBA Form
- Revised Online ASBA Form
- Registrars To An Issue And Share Transfer Agents/Depository Participants
- Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form
- List Of SCSBs For Syndicate ASBA And Under ASBA Facility
- Self Certified Syndicate Banks Eligible As Issuer Banks For UPI
