SME • IPO

Raksan Transformers IPO (BSE SME) IPO GMP, Date & Price

Minimum Investment

₹109,200

Price Range

₹258 to ₹273

Lot Size

400 shares

Issue Size

₹150 Cr

About the Company

Incorporated in 1995, Raksan Transformers Ltd.primarily engaged in the repair and servicing of distribution and power transformers.

Issue Type

Bookbuilding IPO

IPO Objectives

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

Important Dates

Bid/Offer Opens On10-09-2026
Bid/Offer Closes On15-09-2026
Finalisation of Basis of Allotment16-09-2026
Initiation of Refunds17-09-2026
Credit of Shares to Demat17-09-2026
IPO Listing Date18-09-2026

IPO Subscription Status

Subscription snapshot as of 15-09-2026 22:55 IST.
Category Offered Shares Applied Shares Times
QIB 1,047,200 73,838,400 70.51x
NII 786,000 47,796,000 60.81x
NII ( >10 lakh) 524,000 37,968,800 72.46x
NII ( <10 lakh) 262,000 9,827,200 37.51x
Retail 1,833,600 52,546,400 28.66x
Total 3,666,800 174,180,800 47.50x

Frequently asked questions

What is the Raksan Transformers IPO (BSE SME) IPO lot size?

The lot size is 400 shares with a minimum investment of ₹109,200.

When does the Raksan Transformers IPO (BSE SME) IPO open and close?

Bidding is scheduled from 10-09-2026 to 15-09-2026 (subject to exchange updates).

How can I apply for the Raksan Transformers IPO (BSE SME) IPO?

You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.

What is the Raksan Transformers IPO (BSE SME) IPO listing date?

Shares are expected to list on 18-09-2026 (tentative; confirm from RHP / exchange notices).

Grey Market Premium (GMP)

₹25.00 per share

Last updated 15-09-2026 13:56

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers

  • Hem Securities Ltd.

Company Promoters

  • anjeev Kanda
  • Dievam Singh Kanda and Renu Kanda.