RAJPUTANA STAINLESS LIMITED
₹ 116 - ₹ 122
09-Mar-2026 - 11-Mar-2026
₹ 13420.00

/ 110 Shares

RAJPUTANA STAINLESS LIMITED

09-Mar-2026 - 11-Mar-2026

₹ 116 - ₹ 122

Price Band

₹ 13420.00

Minimum Investment

110

Bid Lot

20,900,000

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 66,500 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Category % Shares/Amount
QIB 50% 10,450,000 Shares RS.127.49 CR
HNI 1 5% 1,045,000 Shares RS.12.75 CR @ 633 FORM 1X
HNI 2 10% 2,090,000 Shares RS.25.50 CR @ 1267 FORM 1X
Retail 35% 7,315,000 Shares RS.89.24 CR @ 66500 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
66500 FORM 1X 633 FORM 1X 1267 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 110 ₹ 13,420
Retail (Upto 2 Lakh) 14 1540 ₹ 187,880
S-HNI (2 Lakh to 10 Lakh) 15 1650 ₹ 201,300
S-HNI (2 Lakh to 10 Lakh) 74 8140 ₹ 993,080
B-HNI (Above 10 Lakh) 75 8250 ₹ 1,006,500

IPO Timeline

  • Open Date

    09-Mar-2026

  • Close Date

    11-Mar-2026

  • Basis of Allotment Date

    12-Mar-2026

  • Initiation of Refunds

    13-Mar-2026

  • Credit Shares to Demat A/c

    13-Mar-2026

  • IPO Listing Date

    16-Mar-2026

About Company

Rajputana Stainless IPO is a book build issue of ?254.98 crores. The issue is a combination of fresh issue of 1.47 crore shares aggregating to ?178.73 crores and offer for sale of 0.63 crore shares aggregating to ?76.25 crores.

Rajputana Stainless IPO opens for subscription on Mar 9, 2026 and closes on Mar 11, 2026. The allotment for the Rajputana Stainless IPO is expected to be finalized on Mar 12, 2026. Rajputana Stainless IPO will list on BSE, NSE with a tentative listing date fixed as Mar 16, 2026.

Rajputana Stainless IPO price band is set at ?116 to ?122 per share. The lot size for an application is 110. The minimum amount of investment required by an retail is ?13,420 (110 shares) (based on upper price). The lot size investment for sNII is 15 lots (1,650 shares), amounting to ?2,01,300, and for bNII, it is 75 lots (8,250 shares), amounting to ?10,06,500.

 

Nirbhay Capital Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

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Strengths

Competitive Strengths:

  • Established, integrated manufacturing setup at a strategic location.
  • Diverse Product Portfolio.
  • Established customer base and strong relationships.
  • Strong Promoters and Experienced Management Team.
  • Track Record of healthy growth.

Company Promoters

Company Financials

Company Financials (Restated)

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 448.80 420.36 324.01 297.34
Total Income 502.77 937.49 915.50 950.69
Profit After Tax 24.41 39.85 31.63 24.04
EBITDA 45.92 73.79 59.41 43.85
NET Worth 176.65 151.95 112.27 81.17
Reserves and Surplus 108.16 83.75 78.36 46.73
Total Borrowing 85.91 99.75 79.76 79.83
Amount in ? Crore

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (? Cr.)
1 Funding capital expenditure requirements for setting up of manufacturing facility for Stainless Steel Seamless Pipes to expand the product portfolio (“Proposed Facility”); 18.57
2 Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company; and 98.00
3 General corporate purposes  
  Total 116.57

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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