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News Details

( As on 19/09/2026 07:00)

Raksan Transformers Ltd. debuts with 0.00% discount at Rs 273.00

Raksan Transformers Ltd. makes a flat debut on the bourses with scrip got listed at Rs 273.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 273.00.

The company, which raised 0.55 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 55.13 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Sep 10 to Sep 15.

Following a flat opening, the scrip touched an intraday high of Rs 286.65 and a low of Rs 261.30, before closing the session up by 4.98 per cent to its listing price at Rs 286.60 on the BSE.

The company anticipates using the proceeds of the issue for .

Hem Securities Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 74,294.96, down 19.63 points, or 0.02 per cent.