Raksan Transformers IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 162.52 | 324.78 | 363.63 |
| Expense | 152.12 | 297.03 | 318.44 |
| Profit (PAT) | 7.59 | 20.38 | 33.60 |
| Total Assets | 67.02 | 117.90 | 155.59 |
| Company | EPS | P/E | RoNW % | Income |
|---|---|---|---|---|
| Marsons Limited | 2.69 | 49.63 | 21.28 | 245.03 Cr |
| Shilchar Technologies Limited | 138.25 | 29.47 | 32.22 | 651.94 Cr |
| Supreme Power EquipmentLimited | 8.18 | 27.75 | 17.49 | 181.64 Cr |
Promoters: Sanjeev Kanda, Dievam Singh Kanda and Renu Kanda
Strengths & Risks
- Solid profit margin — 9.2%.
- Strong return on equity — 55%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risk signals for Raksan Transformers will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Raksan Transformers, founded in July 1995, manufactures transformers with different voltage capacities. The firm makes a wide range of transformers, such as distribution transformers, power transformers, transformers for solar applications, and special-purpose transformers used in power generation, transmission, and distribution networks. Raksan started its business as a repair and servicing transformers, and later started making transformers from scratch and expanded its business with 2 manufacturing facilities in Rai, Sonepat, Haryana. Its products serve a wide range of customers, including government entities, power distribution corporations, public sector undertakings, utility companies, and EPC contractors. The company operates 2 manufacturing facilities equipped with machinery for core cutting, coil winding, assembly, tank fabrication, oil filtration, welding, and testing.
| Purpose | Amount (Cr) |
|---|---|
| Funding capital expenditure towards setting up of manufacturing facility at Liwaspur, Sub- Tehsil Rai, Distt. Sonepat, Haryana | 71.91 |
| To meet working capital requirements | 39.00 |
| Repayment of certain borrowing availed by the Company, in part or full | 7.91 |
| General Corporate Purpose | - |
Resources & Documents
Raksan Transformers Ltd., Shop No. 16,, Local Shopping Centre-3,, Sector-8, Rohini, North Delhi,, New Delhi, New Delhi, 110085
Raksan Transformers has set a price band of Rs 258–Rs 273 per share for an issue size of Rs 151 crore. The SME issue is scheduled to open for subscription on September 10, 2026 — 2 days from now.
Raksan Transformers, founded in July 1995, manufactures transformers with different voltage capacities. The firm makes a wide range of transformers, such as distribution transformers, power transformers, transformers for solar applications, and special-purpose transformers used in power generation, transmission, and distribution networks.
The issue is promoted by Sanjeev Kanda, Dievam Singh Kanda and Renu Kanda with Hem Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding capital expenditure towards setting up of manufacturing facility at Liwaspur, Sub- Tehsil Rai, Distt. Sonepat, H… (Rs 72 crore) and To meet working capital requirements (Rs 39 crore).
On fundamentals, the company is posting revenue growth of 12.0%, a profit margin of 9.2%, return on equity of 55.3% in its most recent reported period. Listed peers in this segment include Marsons Limited (P/E 49.63x) and Shilchar Technologies Limited (P/E 29.47x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Raksan Transformers IPO GMP — What It Means
No active grey market premium has been recorded for Raksan Transformers IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Raksan Transformers GMP history and trend, or learn how grey market premium works and how reliable it is.
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