Rajputana Stainless IPO Listing

Rajputana Stainless IPO

Rajputana Stainless IPO listing gain is [.]% on NSE stock opened at ₹[.], and on BSE at ₹[.]. The IPO GMP was ₹2.25 last heard.

On the last day, Rajputana Stainless IPO was subscribed 1.12 times overall, a retail quota was 0.27 times, QIB 2.51, and NII was subscribed 2.59 times.     

Rajputana Stainless IPO Listing Details 

Listing Date March 16, 2026
BSE Code 
NSE Code 
ISIN Code 
Offer Price â‚ą116 to ₹122
Face Value₹10
Listing Price 

Details About Rajputana Stainless IPO    

Rajputana Stainless received approval from SEBI for an IPO of ₹400  crores. The IPO consists of a fresh issue of ₹240 crore and an OFS of ₹160 crore with a face value of 10 each. Rajputana Stainless has set up a price band of ₹116 to ₹122 per share. 

In the Rajputana Stainless IPO, 1 lot size for the minimum Retail category got 110 shares, and for the max retail category, 1,540 shares in 14 lot sizes.

S-HNI Minimum category, 1,650 shares in 15, and 8,140 shares in 74 lot sizes. B-HNI Minimum category, 8,250 shares are available in 75 lot sizes.  

To invest in the Rajputana Stainless IPO, each investor category has specific investment amounts: 

  • Retail Investors: Minimum investment of ₹13,420. 
  • Retail investors’ (Max) investment of ₹1,87,880. 
  • Small HNI (S-HNI): Minimum investment of ₹2,01,300. 
  • Small HNI (S-HNI): Maximum investment of ₹9,93,080. 
  • Big HNI(B-HNI): minimum investment of ₹10,06,500. 

Rajputana Stainless IPO subscription duration 

Rajputana Stainless IPO started on March 9, 2026, and closed on March 11, 2026. The investor’s allotment date was March 12, 2026, and they received a refund on March 13, 2026. Rajputana Stainless’s IPO listing date is March 16, 2026. 

About Rajputana Stainless Company 

Incorporated in 1991, Rajputana Stainless is a growing company engaged in the manufacturing of long and flat stainless steel products. Its product portfolio includes a wide range of stainless steel products such as billets, forging ingots, rolled black and bright bars, flat & patti, and other ancillary products available in more than 80 different grades. 

Its manufacturing unit is situated in Kalol, Gujarat, covering 35,196.98 sq. m. Its facilities include modern equipment like an induction furnace, AOD, continuous casting machine (CCM), heat treatment unit, rolling mill, and bright bar shop. Moreover, the firm also supplies its raw materials to various industries, including seamless pipes, aerospace, forging, oil and gas, defense, automotive, aviation, and precision engineering. The firm sells its products via direct sales and traders, as well as exporting to other countries, including the UAE, the USA, Turkey, Kuwait, and Poland.

Rajputana Stainless IPO Company Financial Report

The company reported revenue of ₹937.49 crores in 2025 against ₹915.50 crores in 2024. The company reported a profit of ₹39.85 crores in 2025 against a profit of ₹31.63 crores in 2024.

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Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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