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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.
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