Transrail Lighting IPO Allotment Status

Summary

Transrail Lighting IPO has closed with a strong response from investors, achieving a notable final subscription of 81.98 times by December 23, 2024 at 6:19:10 PM (Day 3). The public issue demonstrated significant investor interest across categories, with the QIB segment leading with an exceptional 197.41 times subscription.

The Non-Institutional Investors (NII) category showed robust enthusiasm with 78.31 times subscription (bNII: 79.80 times, sNII: 75.34 times), while the Retail category achieved 22.62 times subscription. The Employee portion was subscribed 4.39 times, and the Anchor Investors portion was fully subscribed. This book built issue has attracted a total of 40,10,736 applications, indicating substantial market interest in the company's power transmission and infrastructure business.

How to Check Transrail IPO Allotment Status:

How to Check Transrail IPO Allotment Status on the Registrar's Site?

• Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/)
• From the dropdown menu, select Transrail IPO
• Choose one of the following modes: PAN ID, Demat Account number, or Application number
• Enter the information relevant to the mode you have chosen
• For security purposes, fill out the captcha accurately
• Click "Submit"

How to Check Transrail IPO Allotment Status on BSE/NSE:

• Visit the BSE or NSE website (https://www.bseindia.com/investors/appli_check.aspx)
• Look for the IPO Allotment Status section
• Select "Transrail Limited" from the dropdown menu
• Enter your application number and PAN ID
• Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

• Log into your Internet Banking: Go to your bank's website or mobile app and log in.
• Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.
• Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.
• Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.
• Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

• Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).
• Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.
• Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.
• Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.
• Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Transrail IPO Timeline:

Transrail IPO Subscription Status

Transrail Lighting IPO received 81.98 times subscription with 40,10,736 applications. By December 23, 2024 at 6:19:10 PM (Day 3), the detailed subscription status revealed:

Subscription Day 3 (Final)

• Total Subscription: 81.98 times
• QIB: 197.41 times 
• NII: 78.31 times 
• Retail investors: 22.62 times 
• Employee: 4.39 times 

Subscription Day 2 (December 20, 2024)

• Total Subscription: 5.42 times
• QIB: 1.36 times
• NII: 7.42 times (bNII: 5.67 times, sNII: 10.92 times)
• Retail investors: 7.13 times
• Employee: 1.53 times

Subscription Day 1 (December 19, 2024)

• Total Subscription: 2.13 times
• QIB: 0.77 times
• NII: 2.17 times (bNII: 1.48 times, sNII: 3.54 times)
• Retail investors: 2.98 times
• Employee: 0.70 times

Transrail IPO Details 

Transrail Lighting's initial public offering (IPO) is a book built issue of ₹838.91 crores. This offering consists of a fresh issue of 0.93 crore shares aggregating to ₹400.00 crores and an offer for sale of 1.02 crore shares aggregating to ₹438.91 crores.

The bidding process commenced on December 19, 2024 and concluded on December 23, 2024. The allotment results are anticipated to be finalised on December 24, 2024. Furthermore, the shares of Transrail Lighting are set to be listed on BSE and NSE, with a provisional listing date scheduled for December 27, 2024.

The price band is set at ₹410-432 per share. Investors must apply for a minimum lot size of 34 shares, which requires a minimum investment of ₹14,688 for retail investors. For small NII (sNII), the minimum investment is 14 lots (476 shares), totalling ₹2,05,632, while for big NII (bNII), it is 69 lots (2,346 shares), totalling ₹10,13,472.

Inga Ventures Pvt Ltd, Axis Capital Limited, HDFC Bank Limited, and IDBI Capital Market Services Limited serve as the book running lead managers for the IPO, while Link Intime India Private Ltd is designated as the registrar for this offering.