Raksan Transformers Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹23(8.42%)
Premium (ELP)
Raksan Transformers Limited's's IPO subscription window is presently active, allowing investors to participate in this public offering valued at 55,12,800 Shares. The fresh issue component of 44,12,800 Shares and OFS portion of ₹30.03 Cr together constitute the complete offering.
Bids are being accepted within the specified price range of ₹258 to ₹273, with applications starting from 400 shares. The live subscription status indicates ongoing investor engagement with the offering.
The subscription period will conclude on Sep 15, 2026, followed by allotment finalization on Sep 16, 2026. Market debut is scheduled for Sep 18, 2026 on the BSE exchange, where the shares will commence trading.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 1995, Raksan Transformers Ltd. specializes in the repair and servicing of distribution and power transformers. As of March 31, 2025, it operates two manufacturing units in Rai, District Sonepat, Haryana, with areas of approximately 2,025 sq. m and 1,012.5 sq. m. The company’s product range includes distribution transformers, power transformers, transformers for solar applications, and special purpose transformers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
💡 Read our detailed guide: What is IPO Grey Market Premium (GMP) & How It Works?•📈 Track all live rates on IPO GMP Today
- Established Manufacturing Facilities: The company operates two manufacturing units in Sonipat, Haryana, with integrated in-house operations that support efficient production and better operational control.
- Strong Quality Standards: The company follows strict quality checks and has ISO 9001:2015 certification, BIS approval for transformers up to 2500 kVA, and BEE Level 2/3 energy efficiency certification.
- Experienced Leadership: Led by Mr. Sanjeev Kanda, who has over 30 years of experience in the transformer industry, supported by a skilled management team with expertise in manufacturing, finance and regulatory compliance.
- Dependence on Government Tenders: A significant share of revenue comes from government and public sector tenders. Failure to secure new contracts could affect revenue and future business growth.
- Execution & Delivery Risk: Delays in manufacturing, supply chains or third-party execution could result in order cancellations, penalties or additional costs.
- High Working Capital Requirement: Transformer manufacturing requires significant funds for raw materials, inventory and project execution. Any shortage of working capital could affect operations and business growth.
- Sanjeev Kanda
- Dievam Singh Kanda
- Renu Kanda
Raksan Transformers Limited
Bigshare Services Private Limited