Business Standard

Transrail Lighting Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Transrail Lighting Ltd News

    Transrail Lighting Ltd IPO Details

    Initial public offering of up to [*] equity shares of face value of Rs. 2 each (Equity Shares) of Transrail Lighting Limited (The Company or the Company) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores (the Offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 450.00 crores (the Fresh Issue) and an offer for sale (the Offer for Sale) of up to 10,160,000 equity shares aggregating up to Rs. [*] crores, by Ajanma Holdings Private Limited (Promoter Selling Shareholder) (Offered Shares). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.The company, in consultation with the book running lead managers, may consider a further issue of specified securities as may be permitted under applicable law to any person(s) for a cash consideration aggregating up to Rs. 50.00 crores, at its discretion, with the roc (pre-ipo placement). If the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such preipo placement not exceeding 20% of the fresh issue size, subject to the issue complying with rule 19(2)(b) of the securities contracts (regulation)rules, 1957, as amended (scrr).The offer includes a reservation of up to [*] equity shares, aggregating up to Rs. [*] crores (constituting up to [*]% of the post offer paid-up equityshare capital of the company) for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservationportion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offerpaid-up equity share capital of the company.The face value of equity shares is Rs. 2 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot shallbe decided by the company.

    Objective of issue

    Funding incremental working capital requirements of the company. Funding capital expenditure of the company. General corporate purposes.

    Transrail Lighting Ltd Contact Details

    Transrail Lighting Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@transraillighting.com

    Website - www.transrail.in