Rajputana Stainless IPO Details
| IPO Open Date | March 9, 2026 |
| IPO Close Date | March 11, 2026 |
| Face Value | â‚ą10 Per Equity Share |
| IPO Price Band | â‚ą[.] to â‚ą[.] Per Share |
| Issue Size | Approx â‚ą[.] Crores |
| Fresh Issue | Approx â‚ą[.] Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Rajputana Stainless IPO Review & Key Points
- Review:
Rajputana Stainless IPO Market Lot
The Rajputana Stainless IPO minimum market lot is [.] shares with â‚ą[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of â‚ą[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | â‚ą- |
| Retail Maximum | – | – | â‚ą- |
| S-HNI Minimum | – | – | â‚ą- |
| S-HNI Maximum | – | – | â‚ą- |
| B-HNI Minimum | – | – | â‚ą- |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
Rajputana Stainless IPO Anchor Investors
| Anchor Bidding Date | March 6, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Rajputana Stainless IPO Dates
The Rajputana Stainless IPO date is March 9 and the close date is March 11. The Rajputana Stainless IPO allotment will be finalized on March 12 and the IPO listing on March 16.
| IPO Open Date: | March 9, 2026 |
| IPO Close Date: | March 11, 2026 |
| Basis of Allotment: | March 12, 2026 |
| Refunds: | March 13, 2026 |
| Credit to Demat Account: | March 13, 2026 |
| IPO Listing Date: | March 16, 2026 |
| IPO Bidding Cut-off Time: | March 11, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Shankarlal Deepchand Mehta, Babulal D Mehta, Jayesh Natvarlal Pithva and Yashkumar Shankarlal Mehta.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 6,89,17,658 | 78.22% |
| Promoter Holding Post Issue | 8,35,67,658 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding capital expenditure requirements for setting up of manufacturing facility for Stainless Steel Seamless Pipes to expand the product portfolio (“Proposed Facility”); | ₹18.57 |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company; and | â‚ą98.00 |
| General Corporate Purpose | â‚ą- |
About Rajputana Stainless IPO
To be updated soon
Rajputana Stainless IPO Company Financial Report
Amount â‚ą in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | â‚ą950.69 | â‚ą922.11 | â‚ą24.04 | â‚ą297.34 |
| 2024 | â‚ą915.50 | â‚ą873.18 | â‚ą31.63 | â‚ą324.01 |
| 2025 | â‚ą937.49 | â‚ą882.85 | â‚ą39.85 | â‚ą420.36 |
| Sep 2025 | â‚ą502.77 | â‚ą470.45 | â‚ą24.41 | â‚ą448.80 |
Rajputana Stainless IPO Valuation – FY2025
Check Rajputana Stainless IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 30.17% |
| ROCE: | 31.72% |
| EBITDA Margin: | 7.92% |
| PAT Margin: | 4.28% |
| Debt to equity ratio: | 0.66 |
| Earning Per Share (EPS): | â‚ą5.78 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 26.23% |
| Net Asset Value (NAV): | â‚ą22.05 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Mangalam Worldwide Ltd | 10.59 | 22.57 | 11.28% | 91.37 | 1,060.71 Cr. |
| Mukand Ltd | 5.24 | 26.34 | 7.99% | 65.72 | 4,889.99 Cr. |
| Electrotherm Ltd | 347.06 | 3.16 | (278.47%) | (124.60) | 4,115.37 Cr. |
| Panchmahal Steel Ltd | 1.74 | 182.18 | 2.07% | 84.02 | 383.10 Cr. |
IPO Lead Managers aka Merchant Bankers
- Nirbhay Capital Services Pvt. Ltd.
Company Address
Rajputana Stainless Ltd.
213, Madhwas,
Halol Kalol Road, Kalol,
Panchmahal
Halol, Gujarat, 389330
Phone: +91 63 5816 4770
Email: [email protected]
Website: https://www.rajputanastainless.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
Rajputana Stainless IPO FAQs
What is Rajputana Stainless IPO?
Rajputana Stainless IPO is Mainboard IPO. The company is going to raise â‚ą[.] Crores via IPO. The issue is priced at â‚ą[.] to â‚ą[.] per equity share. The IPO is to be listed on BSE & NSE.
When Rajputana Stainless IPO will open for subscription?
The IPO is to open on March 9, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 11, 2026.
What is Rajputana Stainless IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Rajputana Stainless IPO?
You can apply for Rajputana Stainless IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Rajputana Stainless IPO Issue Size?
Rajputana Stainless IPO issue size is â‚ą[.] crores.
What is Rajputana Stainless IPO Price Band?
Rajputana Stainless IPO Price Band is â‚ą[.] to â‚ą[.].
What is Rajputana Stainless IPO Lot Size?
The minimum bid is [.] Shares with â‚ą[.] amount.
What is the Rajputana Stainless IPO Allotment Date?
Rajputana Stainless IPO allotment date is March 12, 2026.
What is the Rajputana Stainless IPO Listing Date?
Rajputana Stainless IPO listing date is March 16, 2026. The IPO is to list on BSE & NSE.
Note: The Rajputana Stainless IPO price band and date are officially announced. The (Rajputana Stainless IPO grey market premium) will be added to the IPO GMP page as it will start).
