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Raksan Transformers Limited

Uncategorized · BSE SME · Closes in 5 daysDay 1 of 6

Raksan Transformers is a manufacturer of electrical transformers across various voltage ratings, serving the power generation, transmission, and distribution sectors. The company’s core product portfolio encompasses distribution transformers, power transformers, inverter-duty transformers for solar applications, and special-purpose transformers. These products facilitate the efficient transmission and distribution of electrical energy across diverse industrial and infrastructure projects. The business primarily generates revenue by supplying its products to B2B and B2G clients, with a significant portion of its sales originating from government-controlled entities, public utilities, and state electricity boards. Operating out of its manufacturing facilities in Sonipat, Haryana, the company possesses an annual installed production capacity of 15,00,000 KVA for distribution transformers and 1,350 MVA for power transformers. Its operations span multiple Indian states, with a major market concentration in Uttar Pradesh, Bihar, and Madhya Pradesh.

Grey market premium

No grey market quote yet.

Updated 10 Sept 2026, 10:08 am IST

Issue details

Price band
₹258 – ₹273 per share
Lot size
400 shares
Minimum application
2 lots · ₹2,18,400
Retail maximum
2 lots · ₹2,18,400
Issue size
₹150 cr
Bidding days
6 · 10 Sept to 15 Sept
Listing at
BSE SME

Facts worth noting

  • SME listing: two-lot minimum, thinner liquidity and wider price swings than mainboard issues.

Derived from the figures on this page. Observations, not a recommendation.

Documents

DRHP and RHP links appear here once connected to a live document source. Always read the red herring prospectus on sebi.gov.in or the exchange website before applying.

Grey market premium

Unofficial per-share premium quoted by grey market dealers. Estimated listing price = upper band + GMP.

Compare with other IPOs

Grey market quotes appear here once the issue is announced and dealers start quoting. Fewer than two data points so far.

DateGMPEst. listing
No quotes yet.

Grey market premium, Kostak and Subject-to-Sauda rates are unofficial, unregulated indications collected from market sources. They are not endorsed by SEBI, NSE or BSE and are no guarantee of the listing price. IPOKhazana does not deal in, facilitate or recommend grey market transactions.

Subscription

Times subscribed per category, cumulative by day. QIB figures exclude the anchor portion.

Bidding has not started. Category-wise subscription appears here from day one.

Key dates

Under SEBI's T+3 timeline: allotment on T+1, refunds and demat credit on T+2, listing on T+3, where T is the closing day.

  1. Issue opens

    Thu, 10 Sept, 2026

  2. Issue closes

    Tue, 15 Sept, 2026

  3. Basis of allotment

    Wed, 16 Sept, 2026

  4. Refunds / unblock

    Thu, 17 Sept, 2026

  5. Credit to demat

    Thu, 17 Sept, 2026

  6. Listing

    Fri, 18 Sept, 2026

Allotment

Basis of allotment is due on Wed, 16 Sept, 2026. Check with the registrar using your PAN, application number or DP/client ID.

Check your status

Registrar details for this issue haven't been indexed yet.

  • Status also appears on BSE's application-status page and in your broker app.
  • Unallotted funds are unblocked by Thu, 17 Sept, 2026.
  • Allotted shares are credited to demat by Thu, 17 Sept, 2026.

Estimate your odds

The estimator switches on once day-one subscription figures are published.

Reviews from third-party research

Attributed summaries of published research. IPOKhazana does not issue its own subscribe or avoid calls.

No published research has been indexed for this issue yet. Reviews usually appear a day or two before the issue opens.

Opinions belong to the named source. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

RAKSAN IPO: common questions

What is the RAKSAN IPO price band and lot size?

The price band is ₹258 to ₹273 per share with a lot size of 400 shares. The minimum application is 2 lots, or ₹2,18,400 at the upper band.

What are the RAKSAN IPO dates?

The issue opens on Thu, 10 Sept, 2026 and closes on Tue, 15 Sept, 2026. Basis of allotment is expected on Wed, 16 Sept, 2026, refunds and demat credit by Thu, 17 Sept, 2026, and listing on Fri, 18 Sept, 2026 on BSE SME.

What is the RAKSAN IPO GMP today?

No grey market quote has been recorded for this issue yet. GMP is unofficial and unregulated and is not a forecast of the listing price.

How do I check RAKSAN IPO allotment status?

Allotment is finalised around Wed, 16 Sept, 2026. Check with the issue's registrar using your PAN, application number or DP/client ID, or on BSE's application-status page, or in your broker app.

Is the RAKSAN IPO a mainboard or SME issue?

Raksan Transformers Limited is a SME issue listing on BSE SME. SME issues require a minimum application of two lots and trade with a market maker after listing. Current status: Open.

Same board or stage as RAKSAN. The GMP tracker lines them all up side by side.

Compare all on the GMP tracker
Om Galaxy Limited

Uncategorized · BSE SME

SMEOpen
Price band
₹85₹90
Min. investment
₹2,88,000
Closes
15 Sept

Grey market premium

Not yet quoted
Closes in 5 daysDay 1 of 6
Maharaja & Speedex India Limited

Uncategorized · BSE SME

SMEOpen
Price band
₹177₹186
Min. investment
₹2,23,200
Closes
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Grey market premium

Not yet quoted
Closes in 5 daysDay 1 of 6
Vinod Texworld Limited

Uncategorized · NSE Emerge

SMEOpen
Price band
₹94₹94
Min. investment
₹2,25,600
Closes
11 Sept

Grey market premium

Not yet quoted
Closes tomorrowDay 2 of 3