Raksan Transformers Ltd IPO was priced at ₹258–₹273 per share with an issue size of ₹150 crore. The IPO opened on Sep 10, 2026 and closed on Sep 15, 2026, with a lot size of 400 shares and a minimum investment of ₹2,18,400.
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| 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 ₹290 (GMP +₹17)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹1,09,200 | ₹1,16,000 | +₹6,800 |
| S-HNI (Min) | 2 | 800 | ₹2,18,400 | ₹2,32,000 | +₹13,600 |
| S-HNI (UPI limit) | 4 | 1,600 | ₹4,36,800 | ₹4,64,000 | +₹27,200 |
| S-HNI (Max) | 9 | 3,600 | ₹9,82,800 | ₹10,44,000 | +₹61,200 |
| B-HNI (Min) | 10 | 4,000 | ₹10,92,000 | ₹11,60,000 | +₹68,000 |
| 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] |
11 answers about Raksan Transformers Ltd IPO — dates, pricing, allotment and listing.
Raksan Transformers Ltd IPO is a bookbuilding ipo of ₹150 crore. The issue was priced at ₹258–₹273 per share, with a lot size of 400 shares. Bidding ran from Thu, 10 Sep 2026 to Tue, 15 Sep 2026, with shares listed on BSE SME.
The price band was ₹258–₹273 per share.
One lot was 400 shares. Bids had to be placed in multiples of 400.
A retail investor needed at least ₹2,18,400 – one lot of 400 shares at ₹273, the upper end of the price band.
Raksan Transformers Ltd IPO opened on Thu, 10 Sep 2026 and closed on Tue, 15 Sep 2026.
Allotment was finalised on Wed, 16 Sep 2026.
Raksan Transformers Ltd shares were listed on Fri, 18 Sep 2026 on BSE SME.
The company intended 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.
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.