IPO

Rajputana Stainless Ltd. IPO

Rajputana Stainless Ltd., established in 1991, operates in the Steel - Alloys/Special sector. The company's IPO opened on March 9, 2026 and closed on March 11, 2026, with an issue price of ₹122. The ... Read more

Min Investment
₹ 13,420 / 110 shares
Price Range
₹116 - ₹ 122
Bidding Dates
9 Mar '26 - 11 Mar '26
Total Issue Value
331.47 Cr
Lot Size
110
Total Issue Size
331.47 Cr
Listing At
Subscription
1.11 times
BSE Price
120.25 (-1.43%)
NSE Price
119.66 (-1.92%)

IPO Timeline

  • 9 Mar 2026
    Bidding Starts
  • 11 Mar 2026
    Bidding Ends
  • 17 Mar 2026
    Allotment Finalization
  • 19 Mar 2026
    Listing

About Rajputana Stainless Ltd.

We are engaged in the business of manufacturing of long and flat stainless-steel products comprising of billets, forging ingots, rolled black bar, rolled bright bar, flat & patti and other ancillary products under the brand name of “RSL”. We offer our products in more than eighty ... Read more

Parent organisation
Founded
Rajputana Stainless Ltd.
1991

Rajputana Stainless Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 62,70,000 (23.08%)
Non Institutional Investors 56,43,000 (20.77%)
Qualified Institutional Buyers (QIBs) 20,90,000 (7.69%)
Retail Individual Investors (RIIs) 1,31,67,000 (48.46%)

Rajputana Stainless Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 937.49 Cr 39.85 Cr 83.03 Cr
31 Mar 2024 915.50 Cr 31.63 Cr 77.81 Cr
31 Mar 2023 950.69 Cr 24.04 Cr 46.71 Cr

Rajputana Stainless Ltd. Background

Major Events And Milestones
  • 1991
    Our Company was incorporated as Rajputana Steel Castings Private Limited
  • 2007
    Our Company converted into a public limited company and its name was changed from ‘Rajputana Steel Castings Private Limited’ to ‘Rajputana Steel Castings Limited’
    Our Company’s name was changed from ‘Rajputana Steel Castings Limited’ to ‘Rajputana Stainless Limited’
  • 2008
    Our Company set up an Induction Furnace with a fully automatic caster
  • 2011
    Our Company expanded our manufacturing facility and commenced production of bright bars with an installed capacity of 3,000 MT per annum
  • 2012
    Our Company set up an 18 inch rolling mill with an installed capacity of 5,000 MT per annum
    Our Company upgraded our capacity to 20,000 MT per annum
  • 2015
    Our Company started oxygen & nitrogen manufacturing plant.
  • 2023
    Our Company achieved highest ever yearly turnover.
Rajputana Stainless Ltd. Object of Issues

1. Funding capital expenditure requirements for expansion of the existing manufacturing facility at Panchmahal district, Gujarat through forward integration and diversification of product portfolio i.e., Stainless Steel Seamless Pipes
2. Full or part repayment and/or prepayment of certain outstanding borrowings availed by our Company
3. General corporate purposes

Rajputana Stainless Ltd. IPO Listing Details
Listing Date
19 Mar 2026
ISIN
INE313L01016
Final Issue Price
₹ 122
Rajputana Stainless Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 122.00 ₹ 122.00
Open ₹ 123.95 ₹ 122.00
Low ₹ 111.25 ₹ 111.16
High ₹ 123.95 ₹ 122.10
Last Trade ₹ 112.90 ₹ 113.03
Rajputana Stainless Ltd. Company Promoters

1. Shankarlal Deepchand Mehta
2. Babulal D Mehta
3. Jayesh Natvarlal Pithva
4. Yashkumar Shankarlal Mehta

Industry Overview

India is the second largest consumer and the third largest producer of stainless steel globally, with estimated installed capacity 6.6-6.8 Mn Tons, the country has the capability to manufacture a wide range of steel grades and products, including stainless-steel and special steel for diversified ... Read more

Rajputana Stainless Ltd. Contact Details
Address: No 3, Chikkayellappa Tower-11, 1st C Main, Sarjapur Main Road, Jakkasandra Extension, Chikkayellappa Industrial Layout, Bengaluru Karnataka - 560034
Phone no:
Rajputana Stainless Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Rajputana Stainless Ltd. IPO Lead Manager(s)
Nirbhay Capital Services Pvt. Ltd.
201, Maruti Crystal, Opp. Rajpath Club, S.G Highway, Bodakdev, Ahmedabad Gujarat - 380054
48970649

FAQs

When does Rajputana Stainless Ltd. IPO opens and closes?

Rajputana Stainless Ltd. IPO opens from 9th March to 11th March 2026.

What is the size of Rajputana Stainless Ltd. IPO?

The size of the Rajputana Stainless Ltd. IPO is ₹331.47 Cr.

What is the price range of Rajputana Stainless Ltd. IPO?

The price range of Rajputana Stainless Ltd. IPO is at ₹116 to ₹122 per share.

What is the minimum investment and lot size required for the Rajputana Stainless Ltd. IPO?

The minimum investment required is ₹13,420 and minimum lot size is 110 shares.

When is Rajputana Stainless Ltd. IPO listing date?

The Rajputana Stainless Ltd. IPO will be listed on 19th March 2026.

What is the objective of Rajputana Stainless Ltd. IPO?

1. Funding capital expenditure requirements for expansion of the existing manufacturing facility at Panchmahal district, Gujarat through forward integration and diversification of product portfolio i.e., Stainless Steel Seamless Pipes
2. Full or part repayment and/or prepayment of certain outstanding borrowings availed by our Company
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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