Transrail Lighting IPO Allotment Date: GMP Updates & How to Check Allotment Status Online
Transrail Lighting IPO: Key Updates and How to Check Allotment Status Online
After the bidding process concluded on Monday, applicants for Transrail Lighting Limited’s Initial Public Offering (IPO) are eagerly awaiting the announcement of the IPO allotment status. Based on the ‘T+3’ listing rule, the expected listing date for the Transrail Lighting IPO is December 27, 2024, which falls on a Friday this week.
Hence, many applicants and stock market observers believe that the allotment date for the Transrail Lighting IPO is likely to be December 24, 2024. However, if there is any delay, the allotment status is expected to be made public on December 26, 2024, as December 25 is a market holiday.
Meanwhile, ahead of the allotment announcement, shares of Transrail Lighting are trading at a significant premium in the grey market. According to market observers, the shares are currently trading at a grey market premium (GMP) of ₹181.
Transrail Lighting IPO GMP Today
As mentioned, the current GMP for the Transrail Lighting IPO stands at ₹181. This indicates that the grey market expects the listing price of the Transrail Lighting IPO to be approximately ₹613 (₹432 + ₹181), which is about 40% higher than the upper price band of ₹432 per equity share set for the IPO.
How to Check Transrail Lighting IPO Allotment Status on BSE
Follow these steps to check your IPO allotment status on the Bombay Stock Exchange (BSE):
- Visit the direct BSE link: bseindia.com/investors/appli_check.aspx.
- Select ‘Equity’ under the Issue Type option.
- Choose ‘Transrail Lighting Limited’ from the dropdown in the Issue Name field.
- Enter your application number or PAN (Permanent Account Number). For this guide, we’re using the application number.
- Tick the “I am not a robot” box.
- Click on the Search button.
Your Transrail Lighting IPO allotment status will appear on your computer monitor or mobile screen.