When was Transrail Lighting founded?

Transrail Lighting was founded in 2008 and raised its 1st funding round 8 years after it was founded.

Where is Transrail Lighting located?

Transrail Lighting is headquartered in Mumbai, India. It is registered at 501 A,B,C,E Fortune 2000, Block G Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, India, 400051.

Which legal entities is Transrail Lighting associated with?

Transrail Lighting is associated with TRANSRAIL LIGHTING LIMITED.

How many employees does Transrail Lighting have?

As of Mar 31, 2026, the latest employee count at Transrail Lighting is 2747.

Is Transrail Lighting a funded company?

Transrail Lighting is a funded company, having raised a total of $19.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 15, 2016.

When was the latest funding round of Transrail Lighting?

Transrail Lighting's latest funding was a $***** Series A round on Sep 28, 2023, with participation from 1 investor.

What is the annual revenue of Transrail Lighting?

Annual revenue of Transrail Lighting is more than ₹1,000 Cr as on Mar 31, 2026

Where does Transrail Lighting rank among its competitors?

Transrail Lighting ranks 4th amongst 364 active competitors, of which 5 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Karamtara, which secured ₹75.3Cr in Jul, 2026.

Who are the top competitors of Transrail Lighting?

Transrail Lighting's top competitors include ACCIONA, BVG India and Karamtara. Among them, Karamtara secured the most recent funding round in July, 2026.

Transrail Lighting - 2026 Company Profile, Team, Funding, Competitors & Financials

Transrail Lighting is a public company based in Mumbai (India), founded in 2008 by Digambar Chunnilal Bagde. It operates as a Developer of electricity transmission based utility projects. Transrail Lighting has raised $19.8M in funding from Gammon and Ajanma Holdings. The company has 364 active competitors, including 5 funded and 30 that have exited. Its top competitors include companies like ACCIONA, BVG India and Karamtara.

Company Details

Developer of electricity transmission based utility projects. It offers a wide range of services includes designing, manufacturing, testing, installation, and supply of galvanized steel structures & conductors for transmission & distribution, railway electrification, and power system construction. It services includes design engineering, tower testing, street lighting poles, sports lighting, telecom monopoles, and railway electrification.

Website: transrail.in
Social
Email ID: *****@transraillighting.com
Phone Number: +91 **********
Registered Address: 501 A,B,C,E Fortune 2000, Block G Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, India, 400051

Key Metrics

Founded Year

2008

Location

Mumbai, India

Stage

Public

Total Funding

$19.8M in 3 rounds

Latest Funding Round

Series A, Sep 28, 2023, $*****

Investors

Gammon & 13 more

Ranked

4^th among 364 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

2,747 as on Mar 31, 2026

Investment & Acquisitions

cedec engineering

Similar Companies

ACCIONA & 361 more

Exit Details

Public

View Transrail Lighting's full profile

Transrail Lighting is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TRANSRAIL LIGHTING LIMITED CIN: L31506MH2008PLC179012 , India, Active	Feb 18, 2008	₹1,000+ Cr (As on Mar 31, 2026)	1740 (As on Dec 31, 2024)

Transrail Lighting got listed on Dec 27, 2024.

Click here to take a look at Transrail Lighting's IPO in detail

Transrail Lighting has raised a total funding of $19.8M over 3 rounds. Its first funding round was on Mar 15, 2016. Its latest funding round was a Series A round on Sep 28, 2023 for $*****. 1 investor participated in its latest round. Transrail Lighting has 14 institutional investors.

Here is the list of recent funding rounds of Transrail Lighting:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 28, 2023	6709847	Series A	1639192	4443129	5908710	5613988
Jan 31, 2017	4124724	Seed	6437389	8740599	5689258	9226079
Mar 15, 2016	5760607	Seed	3438796	8321368	Gammon	1487316

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View details of Transrail Lighting's funding rounds and investors

The founders of Transrail Lighting is Digambar Chunnilal Bagde. Randeep Narang is the CEO of Transrail Lighting.

Here are the details of Transrail Lighting's key team members:

Digambar Chunnilal Bagde: Founder & Executive Chairman of Transrail Lighting.

Transrail Lighting's Board of Directors

Transrail Lighting's board has 9 active members. Randeep Narang is part of team and Ashish Gupta, Vinod Kumar Dasari, Sanjay Kumar Verma, Digambar Chunnilal Bagde, Srikant Chaturvedi, Ravita Nirmal Punwani, Ranjit Raghunath Jatar and Dilawar Singh are independent board members.

Here is the list of Transrail Lighting's board of directors:

Name	Type	Representing	Status	Duration
ztawltz	Team	-	Current	2y 2m
Ashish Gupta	Independent board member	-	Current	3y 2m
mmgqo{c	Independent board member	-	Current	2y 9m
mhnapps	Independent board member	-	Current	7y 6m
mksmm{m	Independent board member	-	Current	5y 4m
bohnwff	Independent board member	-	Current	2y 2m
bi{hfn{	Independent board member	-	Current	4y 7m
fxguypj	Independent board member	-	Current	4y 8m
amzqtey	Independent board member	-	Current	5y 3m

View details of Transrail Lighting's Founder profiles and Board Members

Transrail Lighting's employee count trend

Transrail Lighting has 2,747 employees as of Mar 26. Here is Transrail Lighting's employee count trend over the years:

Employee count trend for Transrail Lighting

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Top competitors of Transrail Lighting include ACCIONA, BVG India and Karamtara. Here is the list of Top 10 competitors of Transrail Lighting, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ACCIONA 1931, Madrid (Spain), Acquired	Developer and manager of sustainable infrastructure solutions, especially in renewable energy	-	European Investment Bank, Banco Sabadell & 4 others	71/100
2nd	BVG India 1993, Pune (India), Early Stage	Provider of integrated facility management, emergency response, waste management, and renewable energy solutions	$24M	Kotak Investment Advisors, 3i Group & 40 others	68/100
3rd	Karamtara 1996, Mumbai (India), Public	Integrated manufacturer of products for renewable energy and transmission lines sectors	$48.2M	Amara Partners, Mini Ventures & 16 others	66/100
4th	Transrail Lighting 2008, Mumbai (India), Public	Developer of electricity transmission based utility projects	$19.8M	Asiana Fund, Karnataka Bank & 12 others	61/100
5th	KEC International 1945, Mumbai (India), Public	Manufacturer of electric power transmission towers and infrastructure projects	-	-	60/100
6th	Skipper 1981, Kolkata (India), Public	Manufacturer of transmission & distribution structures, and PVC pipes & fittings	-	India Capital Growth, GrowthSphere Ventures	60/100
7th	Power Mech Projects 1999, Hyderabad (India), Public	Provider of engineering and power generation infrastructure construction services	$8.59M	Motilal Oswal, BanyanTree Finance	59/100
8th	Bajel Projects 2022, Mumbai (India), Public	Provider of power transmission and distribution solutions	-	-	56/100
9th	Tata Projects 1979, Mumbai (India), Unfunded	Provider of hotels, hospitals, oil & gas, and other infrastructure development services	-	-	55/100
10th	Kalpataru Projects International 1981, Mumbai (India), Acquired	Provider of engineering, procurement, and construction solutions	-	ICICI Venture	54/100

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Funds own 7.90%, Parent Entities (largest shareholder) own 83.77%, Enterprises own 4.79% and Other People own 1.20%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	7.90%	140Cr	3138297	4866599	6539927	6221555
Parent Entity	83.77%	1,480Cr	8427128	7776527	9791490	8885845
Enterprise	4.79%	84.9Cr	5446	4072	5998	5301
Other People	1.20%	21.3Cr	2	2	5	2
ESOP Pool	1.81%	32Cr	8	4	1	6
Other Investors	0.54%	9.49Cr	0	0	0	0
Total	100.00%	1,770Cr	4116990	7248341	7189795	7081812