Raksan Transformers IPO Listing Details
| Listing Date | September 18th, 2026 |
| BSE Code | 544924 |
| ISIN Code | INE1S7M01017 |
| Offer Price | ₹258 to ₹273 |
| Face Value | ₹5 |
| Listing Price | ₹273 |
Details About Raksan Transformers IPO
Raksan Transformers received approval from SEBI for an IPO of ₹150.50 crores, via a fresh issue with a face value of ₹10 each. Raksan Transformers IPO price band is ₹258 to ₹273 per share.
Retail Individual Investors (RII):
- Minimum & Maximum application: 2 lots = 800 shares
Small High Net-worth Individuals (S-HNI):
- Minimum application: 3 lots = 1200 shares
Maximum application 9 lots = 3600 shares - B-HNI Minimum: 10 lots = 4000 shares
To invest in the Raksan Transformers IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹2,18,400.
- Retail investors: Maximum investment of ₹2,18,400.
- Small HNI (S-HNI): Minimum investment of ₹3,27,600.
- Small HNI (S-HNI): Maximum investment of ₹9,82,800.
- B-HNI: Minimum investment of ₹10,92,000.
Raksan Transformers subscription duration
Raksan Transformers IPO started on September 10, 2026, and closed on September 15, 2026. The investors’ allotment date was September 16, 2026, and they received a refund on September 17, 2026. The Raksan Transformers IPO listing date is September 18, 2026.
Object of the Issue
- A portion of the funds will go towards setting up a manufacturing facility at Liwaspur, Sub- Tehsil Rai, Distt. Sonepat, Haryana.
- Pre-payment/ repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
- To meet working capital requirements
- General Corporate Purposes
About Raksan Transformers Company
Founded in July 1995, Raksan Transformers is one of the leading manufacturers of transformers with different voltage capacities. Its products serve a wide range of customers, including government entities, power distribution corporations, public sector undertakings, utility companies, and EPC contractors.
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. 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.
