Raksan Transformers IPO

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. [] per equity share (Including Share Premium of Rs. [] Per Equity Share) for cash, aggregating up to Rs. [] Crore (Public Offer) comprising of a fresh issue of 44,12,800 equity shares aggregating to Rs. [] 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. [] Crore by Sanjeev Kanda (Refferd as Promoter Selling Shareholder) out of which [] equity shares of face value of Rs.10 each, at an offer price of Rs. [] per equity share for cash, aggregating Rs. [] 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 [] equity shares of face value of Rs.10 each, at an offer price of Rs. [] per equity share for cash, aggregating upto Rs. [] Crore is herein after referred to as the Net Offer. The public offer and net offer will constitute 26.39%and []% respectively of the post- offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.