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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Raksan Transformers Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹273
Per ShareLot Size
400 Shares
Minimum Investment
₹1,09,200
Issue Size
₹150.5 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.01%
QIB Quota
49.98%
NII Quota
15.01%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
73.61%
Issue Type
Book Building - SME
ISIN
INE1S7M01017
We are an ISO 9001:2015 certified company engaged in the manufacturing of transformers across different voltage ratings. Our product offerings include distribution transformers, power transformers, transformers for solar applications, and special purpose transformers. These transformers are utilized across multiple sectors to facilitate the transmission and distribution of electrical energy. We focus on delivering quality and reliability in our product range, supported by standardized manufacturing practices and compliance with applicable industry norms. Transformers serve critical functions in power generation, transmission, and distribution networks, and are deployed in diverse industrial and infrastructure projects.
Imports of Electrical Machinery in India increased to US$ 12.30 billion in FY24. The Indian electrical equipment industry comprises 2 broad segments, Generation equipment (boilers, turbines, generators) and Transmission & Distribution (T&D) and allied equipment like transformers, cables, transmission lines, etc. The sector contributes about 8% to the manufacturing sector in terms of value, and 1.5% to overall GDP. Incentives for capacity addition in power generation will further increase the demand for electrical machinery. The electrical equipment market share in India is expected to increase by US$ 52.98 billion from 2022 to reach US$ 124.83 billion in 2027, and the market's growth momentum will accelerate at a CAGR of 11.68%. The electrical equipment market is valued at US$ 71.85 in FY22. In FY23, India's heavy electrical equipment production stood at Rs. 2,44,300 crore (US$ 29.38 billion). The electrical machinery segment grew nearly 13% with shipments jumping to US$ 10.19 billion in the April-December 2023 from US$ 9.06 billion in the year-ago period.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 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. 273 per equity share (Including Share Premium of Rs. 263 Per Equity Share) for cash, aggregating to Rs. 150.50 Crore ("Public Offer") comprising of a fresh issue of 44,12,800 equity shares aggregating to Rs. 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. 30.03 Crore comprising: 11,00,000 equity shares aggregating to Rs. 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. 273 per equity share for cash, aggregating Rs. 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. 273 per equity share for cash, aggregating to Rs. 142.96 Crore is herein after referred to as the "Net Offer". The public offer and net offer constituted 26.39% and 25.06% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 273 per equity share of face value Rs. 10/- each. The floor 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.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as a Private Limited Company under the provisions of the Companies Act, 1956, in the name and style of "Raksan Transformers Private Limited", pursuant to a Certificate of Incorporation dated July 21, 1995, issued by the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh, bearing CIN: U31103PB1995PTC016812. Subsequently, pursuant to a Special Resolution passed at the Extra-Ordinary General Meeting held on January 30, 2008, our Company shifted its registered office from the State of Punjab to the National Capital Territory of Delhi, with effect from October 15, 2008, and consequently, the CIN of our Company was changed to U31103DL1995PTC184910. Further, pursuant to a Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting held on March 26, 2025, our Company was converted into a Public Limited Company and the name of our Company was changed from "Raksan Transformers Private Limited" to "Raksan Transformers Limited". A fresh Certificate of Incorporation dated May 14, 2025 was issued by the Registrar of Companies, Central Processing Centre, Manesar, bearing CIN: U31103DL1995PLC184910.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.