New Delhi, Dec. 19 -- The initial public offering (IPO) of Transrail Lighting Limited has hit the Indian primary market today. Bidding for the Transrail Lighting IPO will remain open from 19 December 2024 to 23 December 2024. The engineering and construction company has fixed the Transrail Lighting IPO price band at Rs.410 to Rs.432 per equity share. The power transmission and distribution company aims to raise Rs.838.91 crore, a mix of fresh shares and OFS (Offer for Sale). The public issue is proposed for listing on the BSE and the NSE.

Meanwhile, shares of Transrail Lighting Limited are available at a firm price in the grey market today. According to stock market observers, Transrail Lighting shares are available at a premium of Rs.13...