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
Overall Subscription
47.50x
Total Demand
QIB Multiplier
70.51x
Institutions & Funds
NII / HNI
60.46x
High Net-Worth
Retail (RII)
28.66x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,047,200 | 73,838,400 | 70.51x |
| NIB | 786,000 | 47,520,000 | 60.46x |
| HNIs(10L +) | 524,000 | 37,692,800 | 71.93x |
| HNIs (2-10L) | 262,000 | 9,827,200 | 37.51x |
| RETAIL | 1,833,600 | 52,546,400 | 28.66x |
| Total | 4,452,800 | 221,424,800 | 47.50x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 94 | 0.00x |
| NIB | — | 17,055 | 0.00x |
| RETAIL | 2,292 | 65,683 | 28.66x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 437 | 9,355 | 21.41x |
| HNIs (2-10L) | 218 | 7,700 | 35.32x |
| Shareholder | — | — | 0.00x |
| Total Applications | 2,947 | 99,887 | 33.89x |
Day-Wise Subscription Progress
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for Raksan Transformers Limited IPO?
The Raksan Transformers Limited IPO aggregate issue size is ₹55,12,800 Crores with an equity price band set at ₹258 to ₹273 per equity share. The retail lot size is 400 shares requiring a minimum capital outlay of approx. ₹1,09,200.
How can I check Raksan Transformers Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Raksan Transformers Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-09-16.