The launch of the Raksan Transformers Ltd SME IPO on the BSE SME platform marks a significant moment for investors eyeing the power equipment manufacturing sector. The company has announced a price band of ₹258–₹273 per share, with each lot comprising 400 shares, translating to a minimum retail investment of ₹1,09,200. The issue opens on 10 Sep 2026 and closes on 15 Sep 2026.
Raksan Transformers Ltd is a manufacturer of power and distribution transformers, serving a range of applications in industries, utilities, infrastructure, and renewable energy sectors, backed by modern manufacturing facilities and engineering expertise ([raksantransformers.com](https://www.raksantransformers.com/about?utm_source=openai)).
This SME IPO presents an opportunity to participate in a company positioned in a critical segment of India’s energy infrastructure, offering a clear investment threshold and defined timeline for retail investors.
| Price Band | ₹258–₹273 |
| Lot Size | 400 shares |
| Minimum Investment (Retail) | ₹1,09,200 |
| Issue Opens | 10 Sep 2026 |
| Issue Closes | 15 Sep 2026 |
| Exchange | BSE SME |
Track live GMP and subscription numbers as the issue approaches on the Raksan Transformers Ltd IPO page.
Price bands and dates are as announced and may be revised by the company or exchange before the issue opens.