Rajputana Stainless Limited IPO Details
Rajputana Stainless Limited
Offer Price₹122 Lot Size110 Listing Price ₹124 (1.58% ▲) Subscription1.12x Offer TimeMar 09 to mar 11
Listed
Rajputana Stainless Limited IPO Deatils : GMP, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
Ipo Details
| Particular | Details |
|---|---|
| IPO Date | 9 to 11 Mar, 2026 |
| Listing Date | Mon, Mar 16, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹116 to ₹122 |
| Lot Size | 110 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,09,00,000 shares (agg. up to ₹255 Cr) |
| Fresh Issue | 1,46,50,000 shares (agg. up to ₹179 Cr) |
| Offer for Sale | 62,50,000 shares (agg. up to ₹76 Cr) |
| Share Holding Pre Issue | 6,89,17,658 shares |
| Share Holding Post Issue | 8,35,67,658 shares |
Subscription
| QIB | 2.51x |
| NII | 2.59x |
| Retail | 0.27x |
| Total | 1.12x |
Important Date
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|---|---|---|---|---|---|
| 18-03-2026 | ₹122.00 | ₹3.75 ▲ | 1.12 | ₹125.75 | ₹412.50 | 23:52 |
| 17-03-2026 | ₹122.00 | ₹2.00 ▼ | 1.12 | ₹124.00 | ₹220.00 | 23:44 |
| 16-03-2026 | ₹122.00 | ₹2.25 ▼ | 1.12 | ₹124.25 | ₹247.50 | 23:41 |
| 15-03-2026 | ₹122.00 | ₹3.00 — | 1.12 | ₹125.00 | ₹330.00 | 00:38 |
| 13-03-2026 | ₹122.00 | ₹3.00 ▲ | 1.12 | ₹125.00 | ₹330.00 | 23:42 |
| 12-03-2026 | ₹122.00 | ₹1.50 — | 1.12 | ₹123.50 | ₹165.00 | 23:50 |
| 11-03-2026 | ₹122.00 | ₹1.50 — | 1.12 | ₹123.50 | ₹165.00 | 23:42 |
| 10-03-2026 | ₹122.00 | ₹1.50 ▼ | 0.37 | ₹123.50 | ₹165.00 | 23:41 |
| 09-03-2026 | ₹122.00 | ₹2.00 — | 0.30 | ₹124.00 | ₹220.00 | 23:46 |
| 08-03-2026 | ₹122.00 | ₹2.00 — | 0.00 | ₹124.00 | ₹220.00 | 23:46 |
Day Wise Subscribe
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| 11 Mar | 2.51x | 2.59x | 0.27x | 1.12x |
| 10 Mar | 0.99x | 0.79x | 0.1x | 0.37x |
| 09 Mar | 0.99x | 0.65x | 0.04x | 0.3x |
Ipo Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 110 | ₹13,420 |
| Retail (Max) | 14 | 1,540 | ₹1,87,880 |
| S-HNI (Min) | 15 | 1,650 | ₹2,01,300 |
| S-HNI (Max) | 74 | 8,140 | ₹9,93,080 |
| B-HNI (Min) | 75 | 8,250 | ₹10,06,500 |
Ipo Reservation
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
About Company
| Incorporated | 1991 |
| Company Name | Rajputana Stainless Limited |
| Business | Manufacturing long and flat stainless-steel products |
| Products | Billets, forging ingots, rolled black and bright bars, flat & patti, and other ancillary stainless steel products in over 80 grades |
| Export Countries | UAE, USA, Turkey, Kuwait, Poland |
| Industries Served | Seamless pipes, aerospace, forging, oil & gas, defense, automotive, aviation, precision engineering |
| Manufacturing Facility | 35,196.98 Sq.m in Kalol, Gujarat |
| Main Equipment | Induction furnace, AOD, CCM, heat treatment facilities, rolling mill, bright bar shop |
| Employees | 408 permanent employees as of September 30, 2025 |
Objective of Ipo
| No. | Issue Objects | Est Amount (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure for setting up a manufacturing facility for Stainless Steel Seamless Pipes to expand product portfolio | 18.57 |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | 98.00 |
| 3 | General corporate purposes | - |
| Total | 116.57 |
Financial Report
| Ratio | Value |
|---|---|
| ROE | 14.86% |
| ROCE | 16.55% |
| Debt / Equity | 0.49 |
| RoNW | 13.82% |
| PAT Margin | 4.87% |
| EBITDA Margin | 9.16% |
| Price to Book Value | - |

