Raksan Transformers IPO is to open on September 10, 2026. It is an SME IPO that will raise ā¹150.50 crores. The Raksan Transformers IPO price band is fixed at ā¹258 to ā¹273 with a market lot of 800 Shares.
Raksan Transformers IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain | Last Updated |
| 18 September | ā¹11 | š“ | 4.03% | 18:20 |
| 17 September | ā¹21 | š“ | 7.69% | 09:55 |
| 16 September | ā¹50 | š“ | 18.32% | 15:30 |
| 15 September | ā¹61 | š¢ | 22.34% | 13:33 |
| 14 September | ā¹30 | š” | 10.99% | 13:11 |
| 12 September | ā¹30 | š¢ | 10.99% | 17:20 |
| 11 September | ā¹28 | š¢ | 10.26% | 17:40 |
| 10 September | ā¹25 | š” | 9.16% | 16:19 |
| 9 September | ā¹25 | š” | 9.16% | 18:01 |
| 8 September | ā¹25 | š¢ | 9.16% | 17:45 |
| 7 September | ā¹- | – | -% | 17:35 |
| 6 September | ā¹- | – | -% | 09:46 |
Raksan Transformers IPO Details
| IPO Open Date | September 10, 2026 |
| IPO Close Date | September 15, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹258 to ā¹273 Per Share |
| Issue Size | Approx ā¹150.50 Crores |
| Fresh Issue | Approx ā¹120.47 Crores |
| Offer for Sale: | Approx 11,00,000 Equity Shares |
| Issue Type | Book building Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Raksan Transformers IPO Dates
| IPO Open Date: | September 10, 2026 |
| IPO Close Date: | September 15, 2026 |
| Basis of Allotment: | September 16 2026 |
| Refunds: | September 17, 2026 |
| Credit to Demat Account: | September 17, 2026 |
| IPO Listing Date: | September 18, 2026 |
Business Overview
Raksan Transformers, founded in July 1995, manufactures transformers with different voltage capacities. The firm makes a wide range of transformers, such as distribution transformers, power transformers, transformers for solar applications, and special-purpose transformers used in power generation, transmission, and distribution networks.
Raksan started its business as a repair and servicing transformers, and later started making transformers from scratch and expanded its business with 2 manufacturing facilities in Rai, Sonepat, Haryana. Its products serve a wide range of customers, including government entities, power distribution corporations, public sector undertakings, utility companies, and EPC contractors. The company operates 2 manufacturing facilities equipped with machinery for core cutting, coil winding, assembly, tank fabrication, oil filtration, welding, and testing.
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