T
TMC Transformers IPO
TMCT
Open Date
To be announced
Close Date
To be announced
Price Range
To be announced
Min Investment
To be announced
Lot Size
To be announced
Listing at
NSE/BSE
Issue Size
To be announced
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About TMC Transformers (India) Ltd IPO
TMC Transformers (India) Limited, incorporated in February 2009, is engaged in the design, manufacturing, and supply of power and distribution transformers for a wide range of industries. Its product portfolio includes oil-filled transformers up to 160 MVA / 220 kV, dry-type transformers up to 20 MVA / 36 kV, and compact substations up to 3 MVA / 36 kV, serving sectors such as railways, renewable energy, metro, power utilities, and industrial customers.
The company follows an integrated manufacturing model with in-house capabilities across design, engineering, testing, and certification, enabling it to deliver customized transformer solutions. It is the only transformer manufacturer in India approved by RDSO for all transformer classes used in 2×25 kV traction substations and is among the select manufacturers authorized to produce 100 MVA / 220 kV Scott-connected traction transformers for Indian Railways.
TMC Transformers has built a strong presence in high-entry-barrier sectors through technology-driven product development and quality-focused manufacturing. As of March 31, 2026, the company had a workforce of 192 employees across manufacturing, engineering, quality control, sales, sourcing, finance, administration, and management functions.
TMC Transformers (India) Limited, incorporated in February 2009, is engaged in the design, manufacturing, and supply of power and distribution transformers for a wide range of industries. Its product portfolio includes oil-filled transformers up to 160 MVA / 220 kV, dry-type transformers up to 20 MVA / 36 kV, and compact substations up to 3 MVA / 36 kV, serving sectors such as
TMC Transformers IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 10% | -- |
TMC Transformers IPO Strengths & Weaknesses
Wide expertise in manufacturing high-capacity and high-voltage transformers.
Strong position in the railway segment backed by comprehensive RDSO approvals.
Integrated in-house design engineering testing and certification capabilities.
Healthy financial performance with a strong order book supporting future growth.
Experienced management team with deep industry knowledge.
A significant portion of revenue is generated from railway sector projects.
Revenue is concentrated among a limited number of customers.
Dependence on a few key suppliers for critical raw materials may impact operations.
Delays modifications or cancellations of projects in the order book could affect revenue and cash flows.
TMC Transformers IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 96.57 shares |
| Post-Issue Shareholding | 0 shares |
TMC Transformers IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of TMC Transformers ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for TMC Transformers IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
TMC Transformers IPO Contact & Registrar Details
Contact Details
Address
Survey No 26 1/2 Part B Village- Khandiwada Vadodara- Halol Highway Vadodara
Phone Number
Website
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
TMC Transformers Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Anand Rathi Advisors Ltd | Intensive Fiscal Services Pvt Ltd |