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Rajputana Stainless IPO Subscription Status

Rajputana Stainless IPO Discussion

IPO Guru Community · 2026-03-02T09:28:28+05:30

Rajputana Stainless IPO opened from 09 Mar to 11 Mar 2026 and listed on 19 Mar 2026 at ₹122 — a gain of +0% over the issue price of ₹122.

The Rajputana Stainless IPO has been subscribed 1.12x times overall. Retail investors have shown interest with bids for 0.27x the shares available. The Non-Institutional Investor (NII) category has been subscribed 2.59x. Within NII, Big HNI (B-HNI) subscribed 3.74x and Small HNI (S-HNI) subscribed 0.31x. Qualified Institutional Buyers (QIBs) have subscribed 2.51x. Data last updated on 21 Apr, 05:38 PM.

The IPO subscription period has ended. The issue opened on 09 Mar, 2026 and closes on 11 Mar, 2026. The shares are expected to list on stock exchanges on 19 Mar, 2026.

Full Details Check GMP

Live Subscription Data
Day-wise Subscription History
Allotment Probability
What Does This Subscription Data Mean?
Frequently Asked Questions

Total Subscription

1.12 x

QIB 2.51x

BHNI 3.74x

SHNI 0.31x

Retail 0.27x

Live Bidding

Category	Offered	Applied	Amount (Cr)	Bid Details	TIMES
QIB	20,90,000	52,39,630	63.92 Cr	52,39,630 of 20,90,000 63.92 Cr	2.51x
FII	0	35,90,730	43.81 Cr	35,90,730 43.81 Cr	-
Others	0	16,48,900	20.12 Cr	16,48,900 20.12 Cr	-
NII	56,43,000	1,46,40,340	178.61 Cr	1,46,40,340 of 56,43,000 178.61 Cr	2.59x
Big NII	37,62,000	1,40,63,060	171.57 Cr	1,40,63,060 171.57 Cr	3.74
Small NII	18,81,000	5,77,280	7.04 Cr	5,77,280 7.04 Cr	0.31
Retail	1,31,67,000	35,39,580	43.18 Cr	35,39,580 of 1,31,67,000 43.18 Cr	0.27x
TOTAL	2,09,00,000	2,34,19,550	285.72 Cr	2,34,19,550 285.72 Cr	1.12x

Last Updated: 21 Apr 2026, 05:38 PM

Subscription Insights

Retail Allotment

Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.

Day-wise Subscription History

Subscription trends over the last 3 days

Date	Total	QIB	BHNI	SHNI	Retail
11 Mar 2026 DAY 3	1.12x	2.51x	3.74x	0.31x	0.27x
QIB 2.51x BHNI 3.74x SHNI 0.31x Retail 0.27x
10 Mar 2026 DAY 2	0.42x	0.99x	1.36x	0.11x	0.11x
QIB 0.99x BHNI 1.36x SHNI 0.11x Retail 0.11x
09 Mar 2026 DAY 1	0.3x	0.99x	0.95x	0.05x	0.04x
QIB 0.99x BHNI 0.95x SHNI 0.05x Retail 0.04x

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Rajputana Stainless IPO Allotment Probability

Retail

High

Undersubscribed — full allotment likely

NII / HNI

2.59x

Proportionate allotment applies

QIB

2.51x

Moderate institutional demand

Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Rajputana Stainless IPO?

As of IPO close date (11 Mar, 2026), the Rajputana Stainless IPO is subscribed 1.12x times. Retail category is 0.27x, and NII is 2.59x subscribed.

When is the allotment date for Rajputana Stainless IPO?

The allotment for Rajputana Stainless IPO is expected to be finalized on 12 March, 2026.

When will Rajputana Stainless IPO list on the stock market?

Rajputana Stainless is scheduled to list on BSE and NSE on 19 March, 2026.

What are the chances of getting allotment in Rajputana Stainless IPO?

The retail category is currently undersubscribed at 0.27x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.

What does QIB subscription of 2.51x mean for Rajputana Stainless IPO?

Moderate — QIBs have subscribed 2.51x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Rajputana Stainless IPO allotment status?

After the allotment date (12 Mar, 2026), you can check your Rajputana Stainless IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.