Raksan Transformers IPO GMP

Listed

Raksan Transformers IPO GMP & Listing Price

SME · ₹273 · 400 shares/lot · BSE SME

Final GMP before listing
₹50+18.3%
▼ ₹9 since last reading
18 Sept, 3:37 pm
IST

Range so far: ₹11 low · ₹61 high

10 Sept18 Sept
Listed at
₹273
Listing gain / lot
₹0
Cost / lot
₹1,09,200

GMP vs actual listing

GMP implied
+18.3%
Listed at
₹273
Actual
Flat

Closed its first day at ₹286.6 (+5.0% on the issue price)

Raksan Transformers carried a grey market premium of ₹50 on an issue price of ₹273, implying a listing around ₹323 (+18.3%). It opened flat at ₹273 — 18.3 points below what the grey market implied.

The premium shown is the one published here before listing, frozen at the bell and never revised afterwards. See all 208 calls, including the misses.

Timeline

  1. Opens
    10 Sept
  2. Closes
    15 Sept
  3. Allotment
    16 Sept
  4. Listing
    18 Sept

Subscription status

as of 18 Sept, 3:37 pm
Total47.43x
Issue typeSME
Incorporated1995
SectorHeavy Electrical Equipment
Price₹273
Lot size400 shares
Min investment₹1,09,200
Issue size₹150.5 Cr
P/E ratio13.39
Face value₹10
RegistrarBigshare Services
ISININE1S7M01017
Listing atBSE SME
Listing dateFri, 18 Sept, 2026
BSE code544924

Official documents

Raksan Transformers IPO FAQs

What was the listing price of Raksan Transformers IPO?

Raksan Transformers IPO listed at ₹273 on Fri, 18 Sept, 2026, flat at the issue price of ₹273. The last grey market premium before listing was ₹50, which implied ₹323.

What was the GMP of Raksan Transformers IPO before listing?

The last grey market premium for Raksan Transformers IPO was ₹50, recorded at 3:37 pm IST on Fri, 18 Sept, 2026. That implied +18.3% over the ₹273 price. The stock actually listed flat, so GMP was off by 18.3%.

When was Raksan Transformers IPO allotment and listing?

Allotment for Raksan Transformers IPO was finalised on Wed, 16 Sept, 2026 and the shares listed on Fri, 18 Sept, 2026 on BSE SME. The registrar is Bigshare Services.

GMP is unofficial. Grey market premium is an unregulated, over-the-counter indication with no backing from SEBI, BSE or NSE. It is not a listing-price guarantee and not investment advice. Read the RHP and consult a SEBI-registered adviser before applying.