Transrail Lighting Limited is an Indian EPC company specialising in power transmission and distribution, with integrated manufacturing facilities for lattice structures, conductors, and monopoles. With four decades of experience, they have completed over 200 projects across Asia and Africa, establishing a presence in 58 countries. As of June 30, 2024, they have executed 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, including substations up to 765 kV. Known for their expertise in HV and EHV segments, they also operate in civil construction, poles and lighting, and railways, delivering turnkey solutions globally.
How To Check Transrail Lighting Limited IPO Allotment Status Online
It is very easy to Check Transrail Lighting IPO Allotment Status Online with the link given above. Click on the ‘Transrail Lighting IPO Allotment Status’ button then you will be redirected to the registrar’s website, There you can find some columns to fill. Select the company name as Transrail Lighting and enter your PAN details then click on submit, You will get the allotment details of Transrail Lighting Limited IPO.
Transrail Lighting Limited IPO GMP
The GMP of Transrail Lighting IPO is 140%
Grey Market Premium (GMP) in an IPO refers to the premium price at which shares of a company are traded in the unofficial grey market before they are officially listed on the stock exchange. This “over-the-counter” market operates informally, based on trust and networks of brokers, and is not regulated by any official body. The GMP essentially indicates the price investors are willing to pay above the IPO’s issue price, reflecting market sentiment and anticipated listing gains. A higher GMP suggests stronger demand and positive expectations for the IPO’s performance on its listing day. However, it’s crucial to remember that the grey market is speculative and unregulated, making GMP a volatile indicator that shouldn’t be the sole factor in investment decisions.