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Raksan Transformers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Raksan Transformers Ltd IPO

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 upto 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)258-273 per equity share (Including Share Premium of (Rs)248-263 Per Equity Share) for cash, aggregating up to (Rs)142.23-150.50 Crore ("Public Offer") comprising of a fresh issue of 44,12,800 equity shares aggregating to (Rs)113.85-120.47 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)28.38-30.03 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)258-273 per equity share for cash, aggregating (Rs)7.12-7.53 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)258-273 per equity share for cash, aggregating upto (Rs)135.11-142.96 Crore is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.39%and 25.06% respectively of the post-offer paid-up equity share capital of the company. Price Band: (Rs)258 to (Rs)273 per equity share of face value (Rs)10/- each. The floor price ((Rs)258) is 25.8 times the face value of the equity shares and the cap 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 (Rs)258.00-273.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :400

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Hem Securities Limited
Project Financed through Current Offer 142.23  
Post Issue Equity Share Capital 20.89  
Issue Price (Rs)258.00  
 
Projects
Funding capital expenditure towards setting up of manufacturing facilityRepayment of certain borrowing availed by the Company, in part or full
To meet working capital requirementsGeneral Corporate Purpose
Promoted By
Sanjeev Kanda  
Dievam Singh Kanda  
Renu Kanda  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd