The allotment status for the ₹150.50 crore Raksan Transformers IPO is anticipated to be announced today, September 16, 2026. Investors can check their IPO allotment status on the official websites of the BSE, and the IPO registrar, Bigshare Services Private Limited.
Following the completion of the allotment process, the shares are tentatively to be listed on the BSE SME platform on September 18, 2026.
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[September 15, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
70.51x |
|
Non-Institutional Investors (NIIs) |
60.46x |
|
Retail Individual Investors (RIIs) |
28.66x |
|
Total |
47.43x |
Incorporated in 1995, Raksan Transformers Limited is engaged in the manufacturing of transformers across multiple voltage categories. The company produces distribution transformers, power transformers, solar transformers, and customised transformer solutions used in power generation, transmission, distribution, as well as industrial and infrastructure projects. It began its journey as a transformer repair and servicing business before entering transformer manufacturing in FY2006 and has since expanded its production capabilities in Rai, Sonipat, Haryana.
As of March 31, 2026, Raksan operates two manufacturing facilities with built-up areas of approximately 2,025 sq. m. and 1,012.5 sq. m. Together, these units have an installed annual production capacity of around 15,00,000 KVA for distribution transformers and 1,350 MVA for power transformers.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
363.12 |
324.21 |
160.94 |
|
EBITDA |
46.72 |
29.51 |
10.19 |
|
Profit After Tax (PAT) |
33.60 |
20.37 |
7.59 |
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