Raksan Transformers IPO Allotment Status: Steps to Verify Status & Key Issue Details

16 September 2026
2 min read
whatsapp
facebook
copyToClipboard

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.

Procedure to Check Raksan Transformers IPO Allotment Status Online on BSE

  • Click here to visit the application status page. 
  • Under Issue Type, select “Equity”.
  • In Issue Name, select “Raksan Transformers Limited”.
  • Enter your “Application No. or PAN No.”
  • Enter the given Captcha correctly.
  • Click “Submit”.

Procedure to Check Raksan Transformers IPO Allotment Status on Bigshare Services (Registrar to the Issue)

  • Visit the Bigshare Services’ IPO allotment status page here.
  • Click on any one of the three servers available on the page.
  • In Select Company, select “RAKSAN TRANSFORMERS LIMITED”.
  • Enter any of the following details.
    • Application No./CAF No
    • Beneficiary ID
    • PAN Number
  • Enter the captcha and click “Search”.

Raksan Transformers IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue + OFS)
  • Total Issue Size: Up to ₹150.50 crore
  • Fresh Issue: Up to ₹120.47 crore
  • Offer for Sale (OFS): Up to ₹30.03 crore
  • Face Value: ₹10 per equity share
  • Price Band: ₹258 to ₹273 per share
  • Lot Size: 400 shares
  • Listing: BSE SME 
  • Book Running Lead Managers: Hem Securities Limited
  • Registrar: Bigshare Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Raksan Transformers IPO Overall Subscription Status

[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

About Raksan Transformers Limited

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.

Key Financial Highlights 

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

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

To read the RA disclaimer, please click here.

 

Do you like this edition?