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IPO Synopsis IPO   > IPO Synopsis
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As on : Sep 12,2026 05:26 PM
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Raksan Transformers Ltd
Registered Office: Sh.#.16 Local Shopping Centre3,Sector-8 Rohini North Delhi, New Delhi - 110085, Delhi, India.
Phone : +91 81999 46599   Fax:
Email :    
Website :  
Initial public offer of upto 55,12,800 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Raksan Transformers Limited ("The Company" or "the Issuer") at an offer price of Rs. 258-273 per equity share (Including Share Premium of Rs. 248-263 Per Equity Share) for cash, aggregating up to Rs. 142.23-150.50 Crore ("Public Offer") comprising of a fresh issue of 44,12,800 equity shares aggregating to Rs. 113.85-120.47 Crore (the "Fresh Issue") and an offer for sale of 11,00,000 equity shares by the promoter selling shareholders ("Offer For Sale") aggregating to Rs. 28.38-30.03 Crore by Sanjeev Kanda (Refferd as "Promoter Selling Shareholder") out of which 2,76,000 equity shares of face value of Rs. 10 each, at an offer price of Rs. 258-273 per equity share for cash, aggregating Rs. 7.12-7.53 Crore will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 52,36,800 equity shares of face value of Rs.10 each, at an offer price of Rs. 258-273 per equity share for cash, aggregating upto Rs. 135.11-142.96 Crore is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.39%and 25.06% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 258 to Rs. 273 per equity share of face value Rs. 10/- each. The floor price (Rs.258) is 25.8 times the face value of the equity shares and the cap price (Rs.273) is 27.3 times of the face value of the equity shares. Bids can be made for a minimum of 800 equity shares and in multiples of 400 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
10-Sep-26 15-Sep-26 (Rs) 258.00 (Rs) 0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 400
  Lead Managers to the Issue
Project Cost (Rs.Cr) 0.00 Hem Securities Limited
Project Financed through Current Offer (Rs.Cr) 142.23  
Post Issue Equity Share Capital (Rs.Cr) 20.89  
Issue Price (Rs) 258.00  
Projects
Funding capital expenditure towards setting up of manufacturing facility To meet working capital requirements
Repayment of certain borrowing availed by the Company, in part or full General Corporate Purpose
Promoted By
Sanjeev Kanda
Dievam Singh Kanda
Renu Kanda
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
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