Raksan Transformers Limited
ListedSMEIndustrials · 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
₹9
+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
Last updated 10 days ago
Live Grey Market Premium
Raksan Transformers Limited GMP Today
Last updated: 18 Sept 2026
Current Premium
₹9+3.3%
Issue Price (Upper)
₹273
Band: ₹258 – ₹273
Estimated Listing Price
₹282
Upper price + GMP
Lot Size
400 shares
Min investment ₹1,09,200
Estimated Profit / Lot
₹3,600
400 × ₹9
Raksan Transformers Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹9
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹9 | 3.3% | ₹282 |
| 26 Sep 2026 | +₹9 | 3.3% | ₹282 |
| 25 Sep 2026 | +₹8 | 3.0% | ₹281 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Raksan Transformers Limited Public Issue & Market Profile
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.
Public Issue & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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.
Frequently Asked Questions
What is Raksan Transformers Limited IPO GMP today?
The latest grey market premium for Raksan Transformers Limited IPO is ₹9, which indicates an expected listing price of ₹282.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.