Raksan Transformers
18 Sep '26SME
Min. Investment
₹2,06,400
Issue size
₹150.5 Cr
GMP
Locked
Overall subscription: 0.33x
Expert verdict
IPO dates
10 Sep
Opening
15 Sep
Closing
16 Sep
Allotment
18 Sep
Listing
*Refunds will be initiated on 17 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 800 | ₹2,18,400 |
Subscription (as on 10 September 2026, 05:30 PM)
Overall0.33x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1995|MD: Mr Sanjeev Kanda
- Raksan Transformers is an ISO 9001:2015 certified company, which manufactures transformers across different voltage ratings. Its product portfolio includes distribution transformers, power transformers, transformers for solar applications, and special purpose transformers, which are used in power generation, transmission and distribution networks, and various industrial and infrastructure projects.
- The company began operations in 1995, initially providing repair and servicing of distribution and power transformers, and started manufacturing transformers in 2005-06. As of March 31, 2026, the company operates two manufacturing facilities at HSIIDC Industrial Estate, Rai, District Sonepat, Haryana, with a combined area of approximately 3,037.5 sq. mtrs.
- The facilities have an installed production capacity of approximately 1,500,000 KVA for distribution transformers and 1,350 MVA for power transformers. The company also has a backward integration arrangement through its group company, SHR Powers Private Limited, which manufactures transformer tanks and bodies used in its production.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Funding capital expenditure towards setting up a manufacturing facility at Liwaspur, Distt. Sonepat, Haryana — Rs 62.14 crore
- To meet working capital requirements — Rs 35 crore
- Repayment of certain borrowing availed by the company, in part or full — Rs 7.28 crore
- General corporate purposes
Issue Details & Objective
Lot size
400 Shares
Price band
₹258 to 273
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.48%
QIB - 19.00%
HNI - 14.26%
Retail - 33.26%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Raksan Transformers IPO is ₹150.5 Cr
The Raksan Transformers IPO will be open for applications from 10 Sep '26 to 15 Sep '26
The lot size of Raksan Transformers IPO is 400 Shares and its minimum investment amount is ₹2,06,400.
