Raksan Transformers Ltd IPO
Price Range
₹258 - ₹273
-
Min. Quantity
800 Shares
Closes on
September 15, 2026
-
Min. investment
₹2,18,400
Raksan Transformers Ltd IPO Timeline
| Event | Date |
|---|---|
| Raksan Transformers Ltd IPO Opening Date | September 10, 2026 |
| Raksan Transformers Ltd IPO Closing Date | September 15, 2026 |
| Basis of Allotment | September 16, 2026 |
| Initiation of Refunds | September 17, 2026 |
| Credit of Shares to Demat | September 17, 2026 |
| Raksan Transformers Ltd IPO Listing Date | September 18, 2026 |
Raksan Transformers Ltd IPO Details
| Raksan Transformers Ltd IPO Date | September 10, 2026 to September 15, 2026 |
| Raksan Transformers Ltd IPO Face Value | ₹10 per share |
| Raksan Transformers Ltd IPO Price | ₹258 to ₹273 per share |
| Raksan Transformers Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹150.5 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹120.47 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹30.03 Cr) |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 10,47,200 of the Net Offer |
| Retail Shares Offered | Not less than 18,33,600 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 10,62,000 of the Net Offer |
| Company Promoters | Sanjeev Kanda, Dievam Singh Kanda, Renu Kanda |
Raksan Transformers Ltd IPO Lot Size
The Raksan Transformers Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹2,18,400 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Established Manufacturing facility and In-house operations.
- Strong Order Book.
- Established relationship with the clients including government entities, power utilities.
- Quality assurance.
- Experienced and Strong Promotors/Management team.
- Track record of profitability and consistent financial performance.
Company Financials
Raksan Transformers Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2026 | 155.47 | 363.63 | 33.35 |
| 03-2025 | 117.92 | 324.79 | 20.76 |
| 03-2024 | 67.16 | 162.37 | 7.31 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure towards setting up of manufacturing facility
- To meet working capital requirements
- Repayment of certain borrowing availed by the Company, in part or full
- General Corporate Purpose
Raksan Transformers Ltd IPO Promoter Holding
| Pre Issue Share Holding | 85.58% |
| Post Issue Share Holding | 62.24% |
Raksan Transformers Ltd IPO Subscription Status (Bidding Detail)
The Raksan Transformers Ltd IPO is subscribed 44.18 times on September 15, 2026 05:00:00 PM. The public issue subscribed 28.6575 times in the retail category, 70.5103 times in the QIB category, and 45.0057 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 70.5103 | 45.0057 | 28.6575 | - | 44.18 |
Raksan Transformers Ltd IPO Prospectus
Raksan Transformers Ltd IPO Listing Date
| BSE Script | 544924 |
| NSE Symbol | - |
| Listing In | BSE - SME |
| ISIN | INE1S7M01017 |
| IPO Price | ₹273 |
| Face Value | ₹10 |
Company Contact Information
Sh.#.16 Local Shopping Centre3Sector-8 Rohini North Delhi,New Delhi-110085
Phone: +91 81999 46599
Email: cs@raksantransformers.com
Website: www.raksantransformers.com
Raksan Transformers Ltd IPO Registrar
Raksan Transformers Ltd IPO Lead Manager(s)
- Hem Securities Limited
How to Check the Allotment Status of Raksan Transformers Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Raksan Transformers Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Raksan Transformers Ltd IPO
Raksan Transformers Limited was originally incorporated as a Private Limited Company on July 21, 1995 with the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh. Subsequently, the Company was converted into a Public Limited Company and name of the Company was changed from 'Raksan Transformers Private Limited' to 'Raksan Transformers Limited'. A fresh Certificate of Incorporation dated May 14, 2025 was issued by the Registrar of Companies, Central Processing Centre, Manesar.
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