Raksan Transformers Ltd IPO is priced at ₹258–₹273 per share with an issue size of ₹150 crore. The IPO opens on Sep 10, 2026 and closes on Sep 15, 2026, with a lot size of 400 shares and a minimum investment of ₹2,18,400.
Subscription data isn't available yet — it appears once bidding opens.
| Price Band | ₹258.00 - ₹273.00 per share |
| Lot Size | 400 shares |
| Min Investment | ₹2,18,400 |
| Total Issue Size | ₹150.00 crore |
| Shares Offered | 55,12,800 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. |
| Listing At | BSE SME |
Issue price ₹273 · lot size 400 shares · estimated listing price ₹283 (GMP +₹10)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹1,09,200 | ₹1,13,200 | +₹4,000 |
| S-HNI (Min) | 2 | 800 | ₹2,18,400 | ₹2,26,400 | +₹8,000 |
| S-HNI (UPI limit) | 4 | 1,600 | ₹4,36,800 | ₹4,52,800 | +₹16,000 |
| S-HNI (Max) | 9 | 3,600 | ₹9,82,800 | ₹10,18,800 | +₹36,000 |
| B-HNI (Min) | 10 | 4,000 | ₹10,92,000 | ₹11,32,000 | +₹40,000 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹363.63 Cr |
| Profit After Tax | ₹33.60 Cr |
| Net Worth | ₹77.42 Cr |
Promoters: Sanjeev Kanda
| Promoter Holding (Pre-Issue) | 100% |
| Promoter Holding (Post-Issue) | 73.61% |
Raksan Transformers Limited is an ISO 9001:2015 certified manufacturer of transformers across different voltage ratings, including distribution transformers, power transformers, and transformers for solar applications.
Commenced transformer manufacturing in 2005-06.
| Founded | 1995 |
| Headquarters | Rohini, North Delhi |
| Industry | Heavy Electrical Equipment |
| Website | https://www.raksantransformers.com/ |
| Registrar | Bigshare Services Pvt.Ltd. |
| Phone | 8657578989 |
| [email protected] |
12 answers about Raksan Transformers Ltd IPO — dates, pricing, allotment and listing.
Raksan Transformers Ltd IPO is a bookbuilding ipo of ₹150 crore. The issue is priced at ₹258–₹273 per share, with a lot size of 400 shares. Bidding opens on Thu, 10 Sep 2026 and closes on Tue, 15 Sep 2026, with shares to be listed on BSE SME.
The price band is ₹258–₹273 per share.
One lot is 400 shares. Bids must be placed in multiples of 400.
A retail investor needs at least ₹2,18,400 – one lot of 400 shares at ₹273, the upper end of the price band.
Raksan Transformers Ltd IPO opens on Thu, 10 Sep 2026 and closes on Tue, 15 Sep 2026.
Allotment is expected to be finalised on Wed, 16 Sep 2026.
Raksan Transformers Ltd shares are expected to list on Fri, 18 Sep 2026 on BSE SME.
The company intends to use the net proceeds towards funding capital expenditure towards setting up of manufacturing facility at liwaspur, sub-tehsil rai, distt. sonepat, haryana, to meet working capital requirements, repayment of certain borrowing availed by the company, in part or full and general corporate purposes.
Hem Securities Ltd. is the book running lead manager. Bigshare Services Pvt.Ltd is the registrar to the issue.
Apply online through your broker using UPI, or through your bank's net banking using ASBA. Select Raksan Transformers Ltd IPO, enter a quantity in multiples of 400 along with your bid price, submit the application, then approve the UPI mandate in your payment app before the cut-off time.
Category-wise demand from retail, NII and QIB bidders is on the Raksan Transformers Ltd IPO subscription page, and on the BSE and NSE websites.
From Wed, 16 Sep 2026, check the Raksan Transformers Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.