Transrail Lighting Share Price Live Updates: Transrail Lighting’s share price listed at a premium of nearly 40 per cent on the BSE and NSE. However, post-listing at a hefty premium, the stock witnessed some profit booking. It ended the day 5% below its listing price on the BSE and 6 per cent on the NSE. However, from its IPO price of ₹432, the stock was still up 28 per cent.
Transrail Lighting’s initial public offering (IPO) was oversubscribed by 80.80 times on the final day of the sale on Monday. The company secured ₹246 crore from anchor investors. This ₹839-crore IPO had a share price range set between ₹410 and ₹432. The offering consists of a fresh issuance of shares amounting to ₹400 crore, in addition to an…
Dec 29 2024
