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Raksan Transformers Ltd

Registered Office: Sh.#.16 Local Shopping Centre3,Sector-8 Rohini North Delhi, New Delhi - 110085, Delhi, India.
Phone : +91 81999 46599   Fax:
Email :  cs@raksantransformers.com  
Website :  www.raksantransformers.com

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.

Issue Money Payable On
Opens on Closes On Application Allotment
10-Sep-26 15-Sep-26 273.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 800   Further Multiples of : 400
  Rs(Cr.) Lead Managers to the Issue
Project Cost 108.74 Hem Securities Limited
Project Financed through Current Offer 150.50  
Post Issue Equity Share Capital 20.89  
Issue Price 273.00  

Project

  • Funding capital expenditure towards setting up of manufacturing facility
  • To meet working capital requirements
  • Repayment of certain borrowing availed by the Company, in part or full
  • General Corporate Purpose

Promoted By

Sanjeev Kanda

Dievam Singh Kanda

Renu Kanda

Listing At

BSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.