Raksan Transformers IPO — GMP Today, Price Band, Dates & Listing
Raksan Transformers SME IPO opened on 10 Sep 2026 and closed on 15 Sep 2026 on BSE SME. Price band Rs 258–273, lot size 400 shares (minimum application Rs 218,400, two lots, the SME minimum application, at the upper band). Latest tracked GMP: Rs 50 (18.32% of the upper band), as of 16 Sep 2026.
Raksan Transformers IPO details
| Status | Closed |
| Open date | 10 Sep 2026 |
| Close date | 15 Sep 2026 |
| Price band | Rs 258–273 |
| Lot size | 400 shares |
| Minimum investment | Rs 218,400 (two lots, the SME minimum application, at the upper band) |
| Face value | Rs 10 |
| Issue type | IPO (BSE SME) |
| Issue size (BSE summary) | 3,942,800 shares |
| GMP (Rs) | Rs 50 (as of 16 Sep 2026) |
| GMP as % of upper band | 18.32% |
| Exchange | BSE SME |
| Lead managers | HEM SECURITIES LIMITED |
| Registrar | BIG SHARE SERVICES PRIVATE LIMITED |
| BSE scrip code | 4809 |
| Prospectus | Prospectus and general information document (BSE, zip) |
GMP is an unofficial grey-market quote as tracked by WorldBest IPO on 16 Sep 2026; it is not a price prediction. Face value, lot, issue type, issue size, lead managers and registrar are as filed on BSE's public issue page (issue no. 7958). Page data as of 16 Sep 2026.
Subscribed 44.18x on BSE as of 15 Sep 2026, 17:02 IST (BSE). Category and day-wise breakdown.
Key dates
| Issue opens | 10 Sep 2026 |
| Issue closes | 15 Sep 2026 |
| Basis of allotment | 16 Sep 2026 (expected, T+1) |
| Refunds / demat credit | 17 Sep 2026 (expected, T+2) |
| Listing | 18 Sep 2026 (expected, T+3) on BSE SME |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
Raksan Transformers GMP history
| Date | GMP | Trend | Est. gain |
|---|---|---|---|
| 16 Sep | Rs 50.00 | ▼ | 18.32% |
| 15 Sep | Rs 61.00 | ▲ | 22.34% |
| 14 Sep | Rs 30.00 | — | 10.99% |
| 13 Sep | Rs 30.00 | — | 10.99% |
| 12 Sep | Rs 30.00 | ▲ | 10.99% |
| 11 Sep | Rs 28.00 | ▲ | 10.26% |
| 10 Sep | Rs 25.00 | — | 9.16% |
Grey-market quotes as tracked daily from 10 Sep – 16 Sep 2026 (7 snapshots). Est. gain is GMP as a share of the upper price band. GMP is unofficial and unregulated; a rising trend is not a forecast.
What the GMP means for Raksan Transformers
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the Raksan Transformers allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on Raksan Transformers IPO
What is Raksan Transformers IPO GMP today?
The latest tracked grey market premium for Raksan Transformers is Rs 50 (18.32% of the upper price band), as of 16 Sep 2026. GMP is unofficial grey-market data, changes frequently, and is not a prediction of the listing price.
When did the Raksan Transformers IPO open and close?
Raksan Transformers's subscription window opened on 10 Sep 2026 and closed on 15 Sep 2026.
What is the Raksan Transformers IPO price band and lot size?
For Raksan Transformers, the price band is Rs 258–273 and one lot is 400 shares (minimum application Rs 218,400, two lots, the SME minimum application, at the upper band).
Who is the registrar for the Raksan Transformers IPO?
The registrar to the Raksan Transformers IPO is BIG SHARE SERVICES PRIVATE LIMITED (as filed on BSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our Raksan Transformers allotment status page.