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Raksan Transformers

SME · book built · RAKSAN · INE1S7M01017

GMP 5 days ago · bids 7 days ago

Minimum
₹2,18,400
Band
₹258–₹273
Issue size
₹150.5 Cr
GMP
₹12 (+4.40%)
Subscribed
28.66×

GMP rumours

₹12(+4.40%)

Ranged ₹9–₹50 since 16 Sept

Implied ₹4,800 per lot, if the rumour holds — 400 shares × ₹12.

16 Sept · ₹5018 Sept · ₹12

Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.

Subscription by category

Shares bid and times subscribed, by investor category
CategoryBidSubscribedChance
Retail (2 lots)28.66×1 in 29
sHNI (3 lots to ₹10 lakh)37.65×1 in 38
bHNI (₹10 lakh +)71.80×1 in 72
Institutional (QIB)70.51×1 in 71
All categories47.43×

Value applied, by category

Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.

Amount applied, share of the book, and the book counted in applications
CategoryAmountShare of bookCan be allotted
Retail (2 lots)
sHNI (3 lots to ₹10 lakh)
bHNI (₹10 lakh +)
Institutional (QIB)
All categories

Captured — refreshing

Reported figures

₹ croreFY 24FY 25FY 26
Revenue160.95324.21363.11
EBITDA10.1929.5146.72
Profit after tax7.5920.3833.60
Total assets67.02117.90155.59

What the money is for

Capital expenditure
51.5%
Working capital
29.1%
Repayment of loan
6.1%
General corporate purposes
13.3%

Figures as reported by the company. Check them against the prospectus in Documents — that filing is the authority, and this panel is a convenience until we read it directly.

What one bid costs

Priced at the top of the band, which is what gets blocked on a cut-off bid.

CategoryMinimumMaximumCeiling
Retail2 lots · ₹2,18,4002 lots · ₹2,18,400₹2,18,400
sHNI3 lots · ₹3,27,6009 lots · ₹9,82,800₹10,00,000
bHNI10 lots · ₹10,92,000no upper limit

Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.

The issue

Issue size
₹150.5 Cr
Face value
₹10
Lot size
400 shares
Listing on
BSE
Daily window
10:00 – 16:00 IST

Timeline

Opens
10 Sept
Closes
15 Sept
Basis of allotment
16 Sept
Refunds
17 Sept
Listing
18 Sept

Documents

Raksan Transformers · IPO Label