Transrail Lighting set to launch IPO on December 19, aiming to raise around Rs 839 crore.

Transrail Lighting, a global power transmission and distribution company, is launching its IPO on December 19 with shares priced between Rs 410-432 each. The offering includes a fresh share sale of Rs 400 crore and an offer-for-sale of up to 1.01 crore shares by its promoter. The IPO aims to raise around Rs 839 crore, giving the company a market cap of about Rs 5,800 crore. Transrail Lighting has shown strong financial growth, with revenue and net profit increasing significantly. Shares will be listed on BSE and NSE on December 27.

3 months ago
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