MUMBAI, 15 September 2026 — Raksan Transformers is shown in the exchange IPO calendar with dates of 10 September 2026 to 15 September 2026 and an indicated band of ₹258–₹273 per equity share. Because offer notices can be amended, readers should treat this as the verified 15 September 2026 snapshot rather than a live order screen.
Raksan Transformers IPO facts
| Issue status | Live on the exchange calendar at the check time |
|---|---|
| Platform | BSE SME — SME |
| Bid dates | 10 September 2026 to 15 September 2026 |
| Price band | ₹258–₹273 per equity share |
| Face value | ₹10 per equity share |
| Bid lot | 400 shares |
| Minimum application | 800 shares; ₹218,400 at the top of the price band |
| Issue size | About ₹150.50 crore at the top of the band |
| Issue structure | Fresh issue and offer for sale |
| Lead manager | Hem Securities Limited |
| Registrar | Bigshare Services Private Limited |
Raksan Transformers business context
Raksan Transformers manufactures distribution, power, solar-application and special-purpose transformers. Company material describes manufacturing and testing operations serving electricity-transmission and distribution customers. Order execution, copper and electrical-steel prices, customer approvals and receivable collection are more informative for this issuer than a stand-alone subscription multiple.
Raksan’s displayed ₹150.50-crore offer contains about ₹120.47 crore of fresh issuance and ₹30.03 crore of OFS at the upper band. The prospectus should be checked for the exact capacity-expansion allocation, order-book definitions and customer concentration. The ₹218,400 minimum application also exposes an SME applicant to a concentrated position before any secondary-market liquidity is known.
Bid amount at both band edges
For Raksan Transformers, the stated minimum quantity is 800 shares. That makes the application value ₹206,400 at the lower band and ₹218,400 at the upper band, a difference of ₹12,000. The issuer’s ₹15 band width is approximately 5.81% of its lower price.
Issue-size context
Raksan Transformers uses a mixed offer structure. Its fresh component can provide issuer capital for the prospectus uses, while its offer-for-sale proceeds belong to the selling shareholders. The exchange records Raksan Transformers’s issue-size field as About ₹150.50 crore at the top of the band.
Raksan Transformers proposes to list on BSE SME — SME. Its SME application can be substantially larger than a typical mainboard retail lot and may trade in market lots after listing, making Raksan Transformers’s minimum-application amount and secondary liquidity distinct checks.
Verify before relying on this snapshot
Raksan Transformers was open or at its scheduled closing point when reviewed. Its calendar entry does not prove that a late bid or UPI mandate was accepted; only the applicant’s bank, broker and exchange workflow can confirm validity.
For Raksan Transformers, the named book-running lead manager is Hem Securities Limited and the recorded registrar is Bigshare Services Private Limited. Read this issuer’s current red herring prospectus and exchange addenda before acting; use the registrar only for official Raksan Transformers allotment or application-status queries.
Raksan Transformers methodology and risk: CapKet independently converted this issuer’s exchange terms into the arithmetic above without using grey-market premiums or promotional forecasts. Raksan Transformers shares can list below the offer price, allotment is not guaranteed, and SME liquidity may be limited where applicable. This is news and education, not investment, legal or tax advice.