The initial public offering (IPO) of Transrail Lighting received 80.80 times subscription on the last day of the share sale on Monday. Transrail Lighting's Rs 839-crore initial share sale got bids for 1,12,44,40,452 shares, as against 1,39,16,742 shares on offer, according to NSE data. The quota for non-institutional investors garnered 76.41 times subscription, while the category for retail individual investors got subscribed 22.07 times. The Qualified Institutional Buyers (QIBs) portion received a mammoth 201.06 times subscription. Transrail Lighting Ltd has mobilised Rs 246 crore from anchor investors. The Rs 839-crore IPO had a price band of Rs 410-432 per share. The company's IPO is a combination of a fresh issue of shares worth Rs 400 crore and an Offer-for-Sale of 1.01 crore equity shares by a promoter Ajanma Holdings Pvt Ltd. Proceeds from the fresh issue will be used to fund incremental working capital requirements, to support capital expenditure and for general corporate