Company Overview
Transrail Lighting Limited is a prominent EPC (Engineering, Procurement, and Construction) company specializing in power transmission and distribution. With four decades of expertise, it has delivered over 200 projects across Asia and Africa, operating in 58 countries. The company is known for its integrated manufacturing facilities for lattice structures, conductors, and monopoles.
Key Achievements (as of June 30, 2024):
- Executed 34,654 CKM of transmission lines.
- Completed 30,000 CKM of distribution lines, including substations up to 765 kV.
Core Expertise and Services:
- Power Transmission and Distribution: Comprehensive EPC services for transmission and distribution lines.
- Civil Construction: Design and turnkey execution of bridges, tunnels, elevated roads, and cooling towers.
- Poles and Lighting: Manufacturing and installation of lighting solutions with end-to-end services.
- Railway Solutions: Overhead electrification, signalling, telecommunications, and track linking for railways.
IPO Objectives:
- Fund incremental working capital needs.
- Finance capital expenditures.
- Address general corporate purposes.
Summary of Financial Information:
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 4,836.17 | 4,620.61 | 3,445.49 | 2,841.87 |
| Revenue | 929.70 | 4,130.00 | 3,172.03 | 2,357.20 |
| Profit After Tax | 51.74 | 233.21 | 107.57 | 64.71 |
| Net Worth | 1,140.65 | 1,075.87 | 709.15 | 599.32 |
| Total Borrowing | 603.43 | 643.19 | 604.92 | 469.12 |
Comparison with Listed Peers:
| Company Name | P/E | P/B | RoE (%)* |
|---|---|---|---|
| Transrail Lighting Ltd | 26 | 4 | 24 |
| KEC International Ltd | 74 | 6 | 9 |
| Kalpataru Projects International Ltd | 42 | 4 | 10 |
| Skipper Ltd | 59 | 7 | 10 |
| Patel Engineering Ltd | 14 | 1 | 10 |
| Bajel Projects Ltd | 166 | 6 | 2 |
Key IPO Details:
- IPO Dates: 19 to 23 December, 2024
- Price Band: Rs. 410 to Rs. 432 per share
- Lot Size: 34 shares
- Issue Size: Rs. 838.91 Crores (Fresh Issue: 400 Cr.)
- Retail Quota: 35%
- Listing Date: 27th Dec, 2024
- GMP: 27%+ (for informational purposes only)
Note: For additional information & risk factors please refer to the Red Herring Prospectus
Join our WhatsApp Group for Trading/Investment ideas & Market Updates 👇
Disclaimer: We are not SEBI registered. All the views are personal and only for educational purposes. Do your due diligence before making any trading or investing decisions. The data provided in this blog post is for illustrative purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making investment decisions.
