
Industrials · BSE
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.
Price Band
₹258 – ₹273
Issue Size
₹551.28 L Cr
Lot Size
400 shares
GMP
+3.3%
Est. Listing
₹282
at current GMP
Subscribed
47.50x
overall
Open
10 Sep 2026
Close
15 Sep 2026
Allotment
16 Sep 2026
Refund
17 Sep 2026
Demat Credit
18 Sep 2026
Listing
18 Sep 2026
Designated Registrar: Bigshare Services Private Limited
Allotment Date
16 Sep 2026
Basis finalization
Refunds Initiate
17 Sep 2026
Mandate release
Demat Credit
18 Sep 2026
Shares in demat
Listing Debut
18 Sep 2026
Trading begins
Raksan Transformers Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹55,12,800 Crores. The shares are offered at a price band of ₹258 to ₹273 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-15, the basis of allotment is scheduled to be finalized on 2026-09-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.