Raksan Transformers IPO Allotment Status
Raksan Transformers Limited is a book-built BSE SME IPO with an issue size of ₹150.50 crore. The public issue opened for bidding on September 10, 2026, and closes today, September 15, 2026. The company has fixed the price band at ₹258–₹273 per equity share.
The basis of allotment is expected to be finalised on September 16, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 17, 2026, ahead of the proposed listing on the BSE SME platform on September 18, 2026.
The market lot is 400 shares. However, retail applicants must apply for a minimum of two lots, or 800 shares, requiring an investment of ₹2,18,400 at the upper price band of ₹273 per share.
Investors can check Raksan Transformers IPO allotment status after the basis of allotment is finalised through Bigshare Services, the registrar to the issue, or through the BSE IPO-status facility.
How to Check Raksan Transformers IPO Allotment Status Online on BSE?
- Visit the BSE IPO application-status page.
- Select “SME” under Issue Type.
- Choose “Raksan Transformers Limited” from the Issue Name dropdown once allotment data is published.
- Enter your PAN or application number.
- Complete the captcha verification, if prompted.
- Click on Search or Submit to view your application and allotment status.
How to Check Raksan Transformers IPO Allotment Status on the Registrar’s Website?
- Visit the official Bigshare Services IPO allotment-status website.
- Select “Raksan Transformers Limited” from the IPO-name dropdown after the basis of allotment is released.
- Choose PAN, application number or DP ID/Client ID as the search method.
- Enter the requested information.
- Complete the captcha verification, where applicable.
- Click on Search to view your share-allotment result.
Raksan Transformers IPO Details
Raksan Transformers’ ₹150.50 crore IPO is a book-built SME issue priced between ₹258 and ₹273 per equity share. The face value of each equity share is ₹10.
The issue is a combination of fresh issue of 44.13 lakh shares aggregating to ₹120.47 crores and offer for sale of 11.00 lakh shares aggregating to ₹30.03 crores
The public issue opened on September 10, 2026, and closes on September 15, 2026. The allotment is expected on September 16, 2026, refunds and demat credits are expected on September 17, 2026, and listing is scheduled on BSE SME on September 18, 2026.
The market lot is 400 shares, but the minimum retail application is two lots, or 800 shares. At the upper price band, the minimum retail investment is ₹2,18,400. Investors can submit bids in permitted multiples of 400 shares thereafter.
Allocation Quota for Raksan Transformers IPO
| Investor Category | Shares | % of Net Issue | % of Total Issue |
| QIB | 26,17,200 | 49.98% | 47.47% |
| ↳ Anchor Investor | 15,70,000 | 28.48% | |
| ↳ QIB (Ex. Anchor) | 10,47,200 | 19.00% | |
| NII (HNI) | 7,86,000 | 15.01% | 14.26% |
| ↳ bNII > ₹10L | 5,25,000 | 9.52% | |
| ↳ sNII < ₹10L | 2,61,000 | 4.73% | |
| Retail | 18,33,600 | 35.01% | 33.26% |
| Firm Reservations | |||
| Market Maker | 2,76,000 | 5.01% | |
| Total | 55,12,800 | 100.00% | 100.00% |
Note: The final category-wise allocation may change due to anchor allocation, rounding and other issue-specific adjustments. The basis of allotment published by Bigshare Services will be definitive.
Raksan Transformers IPO – Overall Subscription Status
As of the latest available update on September 15, 2026, at 4:09:21 PM (Day 3), the Raksan Transformers IPO was subscribed 46.84 times overall. The non-institutional investor (NII) category was subscribed 60.33 times, the QIB (Ex Anchor) category 70.51 times, and the individual investors (retail) category 27.53 times. These figures may change slightly following exchange reconciliation after the issue closes.
| Category | Subscription (x) | Shares Offered* | Shares bid for | Total Amt* (₹ Cr.) | Total Applications |
| Anchor | 1 | 15,70,000 | 15,70,000 | 42.861 | - |
| Market Maker | 1 | 2,76,000 | 2,76,000 | 7.535 | - |
| QIB (Ex Anchor) | 70.51 | 10,47,200 | 7,38,38,400 | 2,015.788 | 0 |
| NII*** | 60.33 | 7,86,000 | 4,74,16,400 | 1,294.468 | 0 |
| ↳ bNII (> 10L) | 71.80 | 5,25,000 | 3,76,92,800 | 1,029.013 | - |
| ↳ sNII (< 10L) | 37.26 | 2,61,000 | 97,23,600 | 265.454 | - |
| Individual Investors | 27.53 | 18,33,600 | 5,04,80,000 | 1,378.104 | 0 |
| Total ** | 46.84 | 36,66,800 | 17,17,34,800 | 4,688.360 | 80,417 |
Read More: Ahead of IPO, NSE CEO Clarifies No Application to SEBI for Trading Shares on Own Platform!
Raksan Transformers Business Overview
Raksan Transformers operates in the electrical-equipment sector and manufactures transformer products used in power-distribution and related applications. The company’s BSE SME issue is intended to fund its stated business requirements and growth plans.
Investors should review the red herring prospectus for detailed information on the company’s use of proceeds, manufacturing capacity, customer concentration, raw-material-cost exposure, working-capital requirements, order pipeline, financial performance and valuation before making an investment decision.
Raksan Transformers IPO allotment status is expected to be available on September 16, 2026, after approval of the basis of allotment. Investors should check Bigshare Services or BSE using their PAN, application number or DP ID/Client ID.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Sep 15, 2026, 4:40 PM IST
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