Transrail Lighting IPO: The initial public offering of Transrail Lighting Ltd opened on Thursday. The Rs 838.91-crore IPO has been subscribed over 50 per cent in less than two hours of bidding. Till 5:00 pm on the first day on Thursday, the IPO received bids for 2,87,56,758 shares as against the 1,37,15,425 shares on offer, resulting in a subscription rate of 2.1 times.