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Raksan Transformers Ltd.

SMEBSE
ListedListed on 18 Sept 2026+0.0%

₹258–273

₹ 108 Cr

800 Shares

₹ 2,06,400

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
36,310.8232,420.98
51.8157.05
36,362.6332,478.03
31,600.3529,419.48
4,518.712,774.66
3,360.482,037.67

Subscription Details

43.76xTotal
Subscription
27.80x
44.95x
70.51x
0.00x

IPO Timeline

IPO Offer Start

10 Sept 2026

IPO Offer Ends

15 Sept 2026

18 Sept 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding capital expenditure towards setting up of manufacturing facility at Liwaspur621.366
2To meet working capital requirements350
3Repayment of certain borrowing availed by our Company, in part or full 72.834
4General Corporate Purpose 43.192

Promoters

Sanjeev KandaDievam Singh KandaRenu Kanda

Book Running Lead Managers

Hem Securities Ltd.

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

73.61%

Promoter stake

Offered to Public

55,12,800

shares

Post Share Capital

1,53,80,600

shares

IPO Registrar

Bigshare Services Pvt Ltd

About the Company

The manufacturing process includes core cutting, coil winding, core-coil assembly, tank fabrication, drying, oil filling, finalassembly, and testing. We have established in-house facilities for core cutting/slitting, wire drawing or strip drawing, tankfabrication etc. which helps us in meeting the design requirements and expectations of our customers with different types ofshapes and size, it also helps us achieve sustain quality standards, reduce dependence on third party and make our processcost effective. We also operate an in-house testing laboratory equipped to conduct routine and type tests in line with relevantIndian Standards (IS) and customer requirements. Our company is ISO 9001:2015 certified. We manufacture products incompliance with Bureau of Indian Standards (BIS) and are authorized to use the ISI mark on applicable products.Additionally, several of our products are certified under the Bureau of Energy Efficiency (BEE) STAR rating program,supporting energy efficiency and compliance with regulatory norms.

Use of Proceeds

1) Funding capital expenditure towards setting up of manufacturing facility at Liwaspur, Sub- Tehsil Rai, Distt. Sonepat, Haryana2) To meet working capital requirements.3) Repayment of certain borrowing availed by our Company, in part or full.4) General Corporate Purpose.

IPO FAQs

The Raksan Transformers Ltd. IPO has a total of ₹108 crore, calculated at the upper end of the .

The Raksan Transformers Ltd. IPO is priced at ₹258–273 per share. bids must fall within this , against a of ₹10 per share.

The for the Raksan Transformers Ltd. IPO is 800 shares, which is also the minimum order quantity — you have to apply for at least 800 shares, and in multiples of 800 beyond that.

The minimum investment in the Raksan Transformers Ltd. IPO is about ₹2,06,400 — one lot of 800 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Raksan Transformers Ltd. opens on 10 Sept 2026 and closes on 15 Sept 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Raksan Transformers Ltd. shares were listed on 18 Sept 2026 on BSE.

Bigshare Services Pvt Ltd is the for the Raksan Transformers Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.

Raksan Transformers Ltd. IPO shares are listed on BSE.

Each Raksan Transformers Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 100.00% of Raksan Transformers Ltd. before the IPO, which falls to 73.61% after the issue.

55,12,800 shares of Raksan Transformers Ltd. are being offered to the public in this issue.

The Raksan Transformers Ltd. IPO has been subscribed 43.76x overall — 70.51x, 44.95x and 27.80x.

figures update through the issue period until it closes.

1) Funding capital expenditure towards setting up of manufacturing facility at Liwaspur, Sub- Tehsil Rai, Distt. Sonepat, Haryana2) To meet working capital requirements.3) Repayment of certain borrowing availed by our Company, in part or full.4) General Corporate Purpose.

Hem Securities Ltd. is the book running lead manager for the Raksan Transformers Ltd. IPO.

Pre-apply means placing your Raksan Transformers Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Raksan Transformers Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Raksan Transformers Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.