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Raksan Transformers Ltd
Registered Office:
Sh.#.16 Local Shopping Centre3,Sector-8 Rohini North Delhi, New Delhi - 110085, Delhi, India. Phone : +91 81999 46599 Fax:
Email :
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. 273 per equity share (Including Share Premium of Rs. 263 Per Equity Share) for cash, aggregating up 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 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 upto Rs. 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. 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.
Issue
Opens On
Closes On
10-Sep-26
15-Sep-26
Money Payable On
Application
Allotment
273.00
0.00
Minimum Application for shares in Nos : 800 Further Multiples of : 400
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
0.00
Hem Securities Limited
Project Financed through Current Offer (
.Cr)
150.50
Post Issue Equity Share Capital (
.Cr)
20.89
Issue Price (
)
273.00
Projects
Funding capital expenditure towards setting up of manufacturing facility
To meet working capital requirements
Repayment of certain borrowing availed by the Company, in part or full
General Corporate Purpose
Promoted By
Sanjeev Kanda
Dievam Singh Kanda
Renu Kanda
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.