What is the process to apply for the Transrail Lighting IPO?
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Follow the step-by-step guide mentioned above to apply for the IPO.
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The Transrail Lighting IPO is set to open for subscription, providing investors with an opportunity to participate in the public issue of Transrail Lighting Limited. Knowing the application process and how to check allotment status is essential to ensure a smooth investment experience.
Learn the steps to apply for the Transrail Lighting IPO and track your allotment status using platforms like Bajaj Broking.
To apply for the Transrail Lighting IPO, follow the steps mentioned below.
Step 1: Login to Your Trading Platform
Access your trading account using your credentials.
Step 2: Navigate to the IPO Section
Locate the IPO section, typically found under the equity investment or primary market menu.
Step 3: Select the Open IPO and Click Apply
Choose the Transrail Lighting IPO from the list of active IPOs and click ‘Apply.’
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares while adhering to the lot size mentioned in the IPO details.
Step 5: Provide Your UPI ID
Enter your UPI ID linked to your bank account for payment authorization.
Step 6: Confirm the Application
Review the details of your application and confirm.
Step 7: Complete the Process and Wait for Allotment
After successful UPI mandate approval, your application will be submitted. The allotment results will be declared after the issue closure.
Once the allotment process is complete, follow these steps to check your allotment status:
Step 1: Visit the Official Website of the IPO's Registrar
Go to the website of Link Intime India Private Ltd, the registrar for the IPO.
Step 2: Navigate to the IPO Allotment Status Page
Find and select the IPO allotment section.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Input the required details, such as PAN, Demat account number, or application number.
Step 4: Click on 'Submit' or 'Check Status'
Submit the form to view your allotment status.
Step 5: Alternative Check on Stock Exchange Websites
Visit the BSE or NSE websites to verify the allotment.
Step 6: Check via Bajaj Broking Website
Log in to the Bajaj Broking platform to track your IPO allotment status.
The Transrail Lighting IPO is a book-built issue of ₹838.91 crores. It includes a fresh issue of ₹400.00 crores, which involves 0.93 crore equity shares, and an offer-for-sale of ₹438.91 crores, comprising 1.02 crore equity shares. This IPO aims to raise funds for the company’s ongoing growth initiatives and to provide an exit route for existing shareholders.
The IPO subscription opens on December 19, 2024, and closes on December 23, 2024. The allotment process is expected to be finalized on December 24, 2024. The company plans to list its shares on both the BSE and NSE, with the tentative listing date set for December 27, 2024.
The price band for the IPO is set at ₹410 to ₹432 per share, with a minimum application lot size of 34 shares. Retail investors are required to invest a minimum of ₹14,688. For higher investment categories, sNII investors need to apply for at least 14 lots (₹2,05,632), while bNII investors can apply for a minimum of 69 lots (₹10,13,472).
Link Intime India Private Ltd has been appointed as the registrar for the Transrail Lighting IPO. The book-running lead managers for this issue include Inga Ventures Pvt Ltd, Axis Capital Limited, HDFC Bank Limited, and IDBI Capital Market Services Limited. For further updates, visit the Transrail Lighting IPO Allotment Status page.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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Follow the step-by-step guide mentioned above to apply for the IPO.
Yes, a Demat account is mandatory to apply for the IPO.
Physical forms are generally not accepted; applications are processed online via ASBA or UPI.
You will need your PAN, Demat account details, and UPI ID.
Payments can be made through the UPI or ASBA facility.
You can check the allotment status via the registrar's website, stock exchange portals, or Bajaj Broking.
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Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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