Back

Raksan Transformers Ltd

IPO Details · GMP · Subscription · Financials

🟢 Open BSE SME SME Closes 15 Sep 2026
Issue Price
₹273
Per Share
GMP
+₹25
+9.16% Grey Market
Est. Listing
₹298
Expected Price
Min. Application
₹218,400
2 lots × 400 shares
IPO Issue Details
Issue Price / Price Band₹273 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size400 Shares per Lot
Total Issue Size55,12,800 shares (agg. up to ₹150 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 10 Sep 2026
Subscription CloseTue, 15 Sep 2026
Anchor AllotmentWed, 09 Sep 2026
Basis of AllotmentMon, 21 Sep 2026
Initiation of RefundsTue, 22 Sep 2026
Credit of Shares to DematTue, 22 Sep 2026
Listing DateFri, 18 Sep 2026
UPI Mandate Deadline5:00 PM on 15 Sep 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,18,400 — 800 shares
Retail — Max (13 Lots)₹1,419,600 (13 Lots)
HNI — Min (3 Lots)₹3,27,600 — 1,200 shares
EPS (Pre-IPO)₹20.39
EPS (Post-IPO)₹16.08
P/E Ratio (Pre-IPO)13.39x
P/E Ratio (Post-IPO)16.98x
Net Offer to Public52,36,800 shares (agg. up to ₹143 Cr)
Reserved for Market Maker2,76,000 shares (agg. up to ₹8 Cr)
Pre-IPO Promoter Holding1,64,80,600 shares
Post-IPO Promoter Holding2,08,93,400 shares
About Raksan Transformers Ltd

Raksan Transformers Ltd is proposing an Initial Public Offering (IPO) on the BSE SME platform under the SME category. The total issue size is 55,12,800 shares (agg. up to ₹150 Cr).

Subscription opens 10 Sep 2026, closes 15 Sep 2026. Listing expected 18 Sep 2026. Apply via ASBA or UPI.

Objects of the Issue

Raksan Transformers Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding capital expenditure towards setting up of manufacturing facility at Liwaspur, Sub-Tehsil Rai, Distt. Sonepat, Haryana
2
To meet working capital requirements
3
Repayment of certain borrowing availed by the Company, in part or full
4
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,64,80,600 shares
Post-IPO Promoter Holding 2,08,93,400 shares
Check AllotmentCheck Status →
Raksan Transformers Ltd — Live Price OPEN
IPO Open for Subscription
Chart activates on listing day — 18 Sep 2026
Quick Facts
GMP Signal🟢 Positive
StatusOpen
Issue Price₹273
GMP+₹25
Est. Listing₹298
Lot Size400 shares
Min Amount₹218,400
Listing Date18 Sep 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹273
Listing Date18 Sep 2026
Listing PriceAvailable on listing day
Listing Gain/LossCalculated on listing day
52-Week HighPost listing
52-Week LowPost listing
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 1,047,200 ₹28.59 Cr 3.87x
NII / HNI 786,000 ₹21.46 Cr 0.16x
Retail (RII) 1,833,600 ₹50.06 Cr 0.35x
Market Maker 276,000 ₹7.53 Cr
TOTAL 3,666,800 100.00% ₹100.10 Cr 1.31x
* Based on ₹273.00 (upper price band)
Day-wise Subscription
QIB
3.87x
NII / HNI
0.16x
Retail
0.35x
Total
1.31x
Subscribed
Lot Size & Investment Details
Lot Size
400
Shares
Issue Price
₹273.00
Per Share
Min Investment
₹109,200
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 400 ₹109,200
Retail (Max) 13 5,200 ₹1,419,600
sNII (Min) 14 5,600 ₹1,528,800
bNII (Min) 68 27,200 ₹7,425,600
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 363.63 324.78 162.52
EBITDA 46.72 29.51 10.19
Profit After Tax (PAT) 33.60 20.38 7.59
Net Worth 77.42 44.07 23.70
Total Assets 155.59 117.90 67.02
Reserves & Surplus 60.94 43.20 22.83
Total Borrowings 20.74 23.51 9.81
Key Ratios & Valuation
Issue Price ₹273
Face Value ₹10.00 Per Share
P/BV 18.98
RoE 55.32
RoCE 46.72
RoNW 43.41
PAT Margin (%) 9.25
EBITDA Margin (%) 12.87
Debt / Equity 0.27
Company Details
Company
Raksan Transformers Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10.00 Per Share
Script Code
N/A
Address
Shop No. 16, Local Shopping Centre-3, Sector-8, Rohini, North Delhi, New Delhi, New Delhi, 110085
IPO Registrar
Not Available
Will be available after DRHP filing
Book Running Lead Managers
Not available yet
Will be updated once DRHP is filed