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Raksan Transformers IPO | Analysis | GMP | Review

This video analyzes the upcoming IPO of Rakshan Transformers, scheduled to open from September 10th to 15th with a price band of ₹570. The creator discusses the company's business of manufacturing transformers, the IPO's fundraising objectives (expansion, working capital, debt reduction), and the promoter's stake sale. A comparison is drawn to a previous SME IPO, Farm Piece, highlighting issues like cash flow problems and allotment dynamics. The creator also touches upon the price discovery mechanism for SME IPOs and potential manipulation.

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PLTRNeutralLow ConvictionSignal-backedSecondary

Salasar Technologies is presented as a competitor with a PE ratio of 35, which the creator suggests might have value compared to the IPO.

SUGPNeutralLow ConvictionSignal-backedSecondary

Supreme Power Equipments is mentioned as a comparable company with a PE ratio around 50, which the creator implies is high, but the IPO is priced similarly.

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