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 Market Lot
The Raksan Transformers IPO minimum market lot is 800 shares with ā¹2,18,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 800 | ā¹2,18,400 |
| Retail Maximum | 2 | 800 | ā¹2,18,400 |
| S-HNI Minimum | 3 | 1200 | ā¹3,27,600 |
| S-HNI Maximum | 9 | 3600 | ā¹9,82,800 |
| B-HNI Minimum | 10 | 4000 | ā¹10,92,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 15,70,000 Shares | 28.48% |
| QIB (Ex. Anchor) | 10,47,200 Shares | 19.00% |
| NII Shares Offered | 7,86,000 Shares | 14.26% |
| Retail Shares Offered | 18,33,600 Shares | 33.26% |
Raksan Transformers IPO Anchor Investors
| Anchor Bidding Date | September 9, 2026 |
| Anchor Investors List | |
| Shares Offered | 15,70,000 Shares |
| Anchor Size | 42.86 Cr. |
| lock-in period end date 50% shares (30 Days) | Oct 16, 2026 |
| lock-in period end date 50% shares (90 Days) | Dec 15, 2026 |
Raksan Transformers IPO Dates
The Raksan Transformers IPO date is September 10 and the close date is September 15. The Raksan Transformers IPO allotment will be finalized on September 16 and the IPO listing on September 18.
| 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 |
Promoters and Holding Pattern
The promoters of the company are Sanjeev Kanda, Dievam Singh Kanda and Renu Kanda..
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 1,64,80,600 | 100% | 15,380,600 | 73.61% |
| Others* | – | -% | 5,512,800 | 26.39% |
| Total | 1,64,80,600 | 100% | 2,08,93,400 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Funding capital expenditure towards setting up of manufacturing facility at Liwaspur, Sub- Tehsil Rai, Distt. Sonepat, Haryana | ā¹71.91 |
| To meet working capital requirements | ā¹39.00 |
| Repayment of certain borrowing availed by the Company, in part or full | ā¹7.91 |
| General Corporate Purpose | ā¹- |
About Raksan Transformers
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.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹162.52 | ā¹152.12 | ā¹7.59 | ā¹67.02 |
| 2025 | ā¹324.78 | ā¹297.03 | ā¹20.38 | ā¹117.90 |
| 2026 | ā¹363.63 | ā¹318.44 | ā¹33.60 | ā¹155.59 |
Company Valuation – FY2026
Check Raksan Transformers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 55.32% |
| ROCE: | 46.72% |
| EBITDA Margin: | 12.87% |
| PAT Margin: | 9.25% |
| Debt to equity ratio: | [.] |
| Earning Per Share (EPS): | ā¹20.39(Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 43.41% |
| Net Asset Value (NAV): | ā¹46.97 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Marsons Limited | 2.69 | 49.63 | 21.28% | [.] | 245.03 Cr. |
| Shilchar Technologies Limited | 138.25 | 29.47 | 32.22% | [.] | 651.94 Cr. |
| Supreme Power Equipment Limited | 8.18 | 27.75 | 17.49% | [.] | 181.64 Cr. |
IPO Lead Managers aka Merchant Bankers
- Hem Securities Ltd.
Company Address
Raksan Transformers Ltd.
Shop No. 16,
Local Shopping Centre-3,
Sector-8, Rohini, North Delhi,
New Delhi, New Delhi, 110085
Phone: +91 8199946578
Email: [email protected]
Website: http://www.raksantransformers.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: 8657578989/8069219065/8069219060
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html
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