The ₹839-crore Transrail Lighting issue, priced at ₹410-432 per share, received 80.8 times bids. The IPO consisted of a fresh equity issue worth ₹400 crore and OFS of 1.01 crore shares by promoter Ajanma Holdings.
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal
The Indian market closed flat on Tuesday with a negative bias. The BSE Sensex fell 83 points while the Nifty50 managed to close above 23,700
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