Rajputana Stainless IPO listing gain is 1.6% on NSE, where the stock opened at ā¹122, and on BSE at ā¹123.95. The IPO GMP was ā¹2.25 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 19, 2026 |
| BSE Code | 544731 |
| NSE Code | RSL |
| ISIN Code | INE313L01016 |
| Offer Price | ā¹116 to ā¹122 |
| Face Value | ā¹10 |
| Listing Price | ā¹123.95 on BSE |
Details About Rajputana Stainless IPO
Rajputana Stainless received approval from SEBI for an IPO of ā¹400 crores. The IPO consists of a fresh issue of ā¹240 crore and an OFS of ā¹160 crore with a face value of 10 each. Rajputana Stainless has set up a price band of ā¹116 to ā¹122 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 ā¹13,420.
- Retail investors’ (Max) investment of ā¹1,87,880.
- Small HNI (S-HNI): Minimum investment of ā¹2,01,300.
- Small HNI (S-HNI): Maximum investment of ā¹9,93,080.
- Big HNI(B-HNI): minimum investment of ā¹10,06,500.
Rajputana Stainless IPO subscription duration
Rajputana Stainless IPO started on March 9, 2026, and closed on March 11, 2026. The investorās 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 ā¹937.49 crores in 2025 against ā¹915.50 crores in 2024. The company reported a profit of ā¹39.85 crores in 2025 against a profit of ā¹31.63 crores in 2024.
