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ClearIPO

Raksan Transformers Limited

SME IPO

Closing todaySMERisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 15 Sept 2026

Key details

Price band
₹258 to ₹273
Face value
Rs 10
Lot size
400 shares
Minimum investment
Rs 1,09,200
Issue size
Rs 150 Cr
Fresh issue
Rs 150 Cr
Retail quota
35%
Exchanges
NSE SME
Opening date
10 Sept 2026
Closing date
15 Sept 2026
Allotment date
16 Sept 2026
Listing date
18 Sept 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

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.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    10 Sept 2026

    First day you can apply.

  2. IPO closes

    15 Sept 2026

    Last day to apply, usually by evening.

  3. Allotment

    16 Sept 2026

    Who gets shares is decided.

  4. Refund / unblock

    17 Sept 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    17 Sept 2026

    Allotted shares reach your demat account.

  6. Listing day

    18 Sept 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-09-15T03:45:07.006Z
Last verified
2026-09-15T03:45:07.006Z
Primary source
bse
Secondary source
Exchange filings
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