Rajputana Stainless IPO GMP, Open Date, Price Band, Issue Size

Rajputana Stainless is launching a book-built IPO worth Rs 254.98 crores, consisting of a fresh issue of 1.47 crore shares valued at Rs 178.73 crores and an offer for sale of 0.63 crore shares totaling Rs 76.25 crores. The IPO will open for subscription on March 9, 2026, and close on March 11, 2026.

The share allotment is expected to be finalized on March 12, 2026, and the company’s shares are tentatively scheduled to be listed on the BSE and NSE on March 16, 2026. The price band for the issue has been set between Rs 116 and Rs 122 per share. Investors must apply for a minimum lot of 110 shares, which requires a minimum investment of Rs 13,420 for retail investors at the upper price band.

For sNII investors, the minimum application size is 15 lots (1,650 shares) amounting to Rs 2,01,300, while bNII investors must apply for at least 75 lots (8,250 shares) totaling Rs 10,06,500. The IPO is being managed by Nirbhay Capital Services Pvt. Ltd. as the book running lead manager, while Kfin Technologies Ltd. has been appointed as the registrar for the issue.

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Rajputana Stainless IPO GMP

The latest grey market premium (GMP) of Rajputana Stainless IPO is Rs 0, last updated on March 5, 2026 at 05:32 PM. Considering the upper price band of Rs 122 per share and the current GMP, the estimated listing price of the IPO is expected to be around Rs 122 (cap price plus today’s GMP). This indicates a potential gain or loss of 0.00% per share at the time of listing. GMP figures are updated daily, and based on grey market activity over the past six sessions, there has been no significant movement in the premium so far. If the trend continues, a similar pattern may persist until the listing day. Keep following for regular updates on Rajputana Stainless IPO GMP and its expected listing price trend.

Rajputana Stainless IPO Open Date, Close Date

Rajputana Stainless IPO will open for subscription on March 09, 2026 and close on March 11, 2026. The allotment is expected to be finalized on November 19, 2025, and the shares are proposed to be listed on the BSE and NSE on November 21, 2025.

Rajputana Stainless IPO Price Band

The price band for the Rajputana Stainless IPO has been fixed between Rs 116 and Rs 122 per share. Investors are required to apply for a minimum lot size of 110 shares, which means retail investors need to invest at least Rs 13,420 based on the upper price band. For sNII investors, the minimum application size is 15 lots, equivalent to 1,650 shares, requiring an investment of Rs 2,01,300. Meanwhile, bNII investors must apply for a minimum of 75 lots, or 8,250 shares, which amounts to an investment of Rs 10,06,500.

Rajputana Stainless IPO Issue Size

The issue size of Rajputana Stainless IPO is 2,09,00,000 shares, agg. up to Rs 255 Crore. 

Rajputana Stainless IPO Allotment Status

The Rajputana Stainless IPO allotment status is not available at the moment. The details will be released after the basis of allotment is finalized. Investors are encouraged to check back on this page frequently to get the latest updates regarding the allotment status, subscription information, and other important announcements related to the Rajputana Stainless IPO.

Rajputana Stainless IPO Listing Date

Rajputana Stainless IPO’s tentative listing date is  Mar 16, 2026. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Rajputana Stainless IPO: Listing Date, Lot Size, Price Band

Rajputana Stainless: About the Company

Founded in 1991, Rajputana Stainless Limited is involved in the production of long and flat stainless steel products. The company manufactures a wide variety of stainless steel items such as billets, forging ingots, rolled black and bright bars, flat and patti, along with several other related products across more than 80 different grades. Its products are mainly sold within the domestic market through direct sales and traders, while the company also exports to countries including the UAE, USA, Turkey, Kuwait, and Poland. Leveraging its technical expertise and manufacturing capabilities, the company supplies raw materials to several industries such as seamless pipes, aerospace, forging, oil and gas, defense, automotive, aviation, and precision engineering. Rajputana Stainless operates a manufacturing unit spread across 35,196.98 square meters in Kalol, Gujarat, which is equipped with facilities like an induction furnace, AOD, CCM, heat treatment systems, a rolling mill, and a bright bar shop to support efficient production.

Rajputana Stainless IPO Objectives

The company plans to utilize the net proceeds from the issue for several key purposes. A portion of approximately Rs 18.57 crore will be used to fund capital expenditure for establishing a new manufacturing facility for Stainless Steel Seamless Pipes, which will help expand the company’s product portfolio. Around Rs 98.00 crore will be allocated toward full or partial repayment and/or prepayment of certain outstanding secured borrowings taken by the company. The remaining funds will be utilized for general corporate purposes.

Rajputana Stainless IPO: Key Dates, Allotment, Listing Date

Rajputana Stainless Company Financials (Amt in Rs Cr)

Rajputana Stainless IPO Lot Size Details

Rajputana Stainless IPO lot size is 110, and the minimum amount required for application is Rs 13,420. The table below outlines the minimum and maximum investment limits for individual retail investors and high net-worth individuals (HNIs) in terms of both the number of shares and the corresponding investment amount.

Rajputana Stainless IPO Promoter Holdings

The company’s promoters include Shankarlal Deepchand Mehta, Babulal D Mehta, Jayesh Natvarlal Pithva and Yashkumar Shankarlal Mehta.

Rajputana Stainless IPO Registrar

Rajputana Stainless IPO registrar is Kfin Technologies Ltd. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Rajputana Stainless IPO Lead Managers

The lead manager for Rajputana Stainless IPO is Nirbhay Capital Services Pvt.Ltd. 

How to apply for Rajputana Stainless IPO

Interested investors can apply to the Rajputana Stainless IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Rajputana Stainless IPO FAQs

1. What are the details of the Rajputana Stainless IPO?

Rajputana Stainless IPO is a book-building issue worth around Rs 254.98 crore. The issue consists of a fresh issue of 1.47 crore shares aggregating to about Rs 178.73 crore and an offer for sale of 0.63 crore shares worth approximately Rs 76.25 crore. The IPO price band is fixed at Rs 116 to Rs 122 per share with a lot size of 110 shares, requiring a minimum investment of Rs 13,420 for retail investors at the upper price band.

2. What are the open and close dates of Rajputana Stainless IPO?

The Rajputana Stainless IPO will open for subscription on March 9, 2026, and close on March 11, 2026. The allotment is expected to be finalised on March 12, 2026, and the shares are tentatively scheduled to be listed on the BSE and NSE on March 16, 2026.

3. What is the GMP of the Rajputana Stainless IPO?

The latest grey market premium (GMP) of Rajputana Stainless IPO is Rs 0, last updated on March 5, 2026 at 05:32 PM. Based on the upper price band of Rs 122 and the current GMP, the estimated listing price is around Rs 122, indicating a potential gain or loss of 0.00% per share.

4. How can investors check the IPO allotment status?

Investors can check the Rajputana Stainless IPO allotment status through the registrar’s website once the basis of allotment is finalised. They need to select the company name and enter their PAN number or application number to view their allotment status.

5. Who are the registrar and lead manager for the IPO?

Kfin Technologies Ltd. has been appointed as the registrar for the Rajputana Stainless IPO, while Nirbhay Capital Services Pvt. Ltd. is acting as the book-running lead manager for the issue.

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