Transrail Lighting IPO subscribed 3.49x on Day 2 so far. Check GMP, review and other details

Transrail Lighting's IPO, offering a Rs 839 crore issue, was fully subscribed with 3.49x demand. Retail investors subscribed 4.86x. The price band is Rs 410-432 per share, with a 42.8% GMP. Listing is expected on December 27. Strong financial performance supports growth prospects.