Rajputana Stainless IPO — Date, Price Band, GMP & Allotment 2026
Rajputana Stainless Ltd, founded in 1991, is a Gujarat-based manufacturer of long and flat stainless-steel products like billets, bars and ingots, selling mainly in India and exporting to markets such as the UAE and USA. Its ₹255 crore IPO opens for subscription from 9–11 March 2026 with a price band of ₹116–122 per share, aiming to fund expansion and corporate purposes. The shares are slated to list on NSE and BSE mid-March.
IPO Review
IPO GMP
IPO Subscription Subscription
Stock Price
As the IPO is listed, here is the Live Share Price for Rajputana Stainless
IPO Summary
What is the Rajputana Stainless IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 09 Mar, 2026 | Monday |
| IPO Close Date | 11 Mar, 2026 | Wednesday |
| Basis of Allotment | 12 Mar, 2026 | Thursday |
| Refunds Initiated | 13 Mar, 2026 | Friday |
| Credit to Demat | 13 Mar, 2026 | Friday |
| Listing Date | 19 Mar, 2026 | Thursday |
What is the Rajputana Stainless IPO Lot Size?
Bidding in multiples of 110 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 110 | ₹13,420 |
| Retail (Max) | 14 | 1540 | ₹1,87,880 |
| S-HNI (Min) | 15 | 1650 | ₹2,01,300 |
| S-HNI (Max) | 74 | 8140 | ₹9,93,080 |
| B-HNI (Min) | 75 | 8250 | ₹10,06,500 |
About Rajputana Stainless
Rajputana Stainless follows a B2B business model, selling primarily to manufacturers, traders and industrial clients in sectors such as engineering, fasteners, pipes and automotive, with both domestic distribution and exports to markets like the UAE, USA, Turkey, Kuwait and Poland. The company emphasises quality, backed by industry certifications, and focuses on reliable supply, customer-centric service and operational scale to maintain long-term client relationships
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Rajputana Stainless Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Funding capital expenditure requirements for setting up of manufacturing facility for Stainless Steel Seamless Pipes to expand the product portfolio (“Proposed Facility”); | ₹18.57 Cr. |
| Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company; and | ₹98.00 Cr. |
| General corporate purposes |
Company Financials
The Rajputana Stainless company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 502.77 | 937.49 | 915.50 |
| EBITDA | 45.92 | 73.79 | 59.41 |
| Net Profit | 24.41 | 39.85 | 31.63 |
| Debt | 85.91 | 99.75 | 79.76 |
| Assets | 448.80 | 420.36 | 324.01 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Promoters and Shareholding Details
Promoter holding details will be updated as soon as they are officially announced.
Frequently Asked Questions
What is the GMP of Rajputana Stainless?
The current Grey Market Premium (GMP) of Rajputana Stainless is ₹ 0.
What is the Rajputana Stainless IPO Price Band?
The price band for Rajputana Stainless IPO is ₹116 to ₹122.
When is the Rajputana Stainless IPO Allotment?
The allotment date for Rajputana Stainless IPO is March 12, 2026.
How to check Rajputana Stainless IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Kfin Technologies Ltd.).
Company Contact Details
Rajputana Stainless
213, Madhwas, Halol Kalol Road, Kalol, Panchmahal Halol, Gujarat, 389330
91 63 5816 4770
Registrar
Kfin Technologies Ltd.
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