Rajputana Stainless Limited IPO
Rajputana Stainless Limited was a mainboard IPO in the Iron & Steel Products sector, offered at ₹116–₹122 per share to raise ₹255 crore. The issue was subscribed 1.12× overall (QIBs 2.51×, NIIs 2.59×, retail 0.27×). It listed on 19 Mar 2026 and closed its first day at ₹113, a listing loss of -7.3% versus the ₹122 issue price. It now trades around ₹168 (+37.9% versus the issue price).
Frequently asked questions
- How many times was the Rajputana Stainless Limited IPO subscribed?
- The Rajputana Stainless Limited IPO was subscribed 1.12× overall — 2.51× in the QIB category, 2.59× among non-institutional investors, 0.27× in retail.
- What were the Rajputana Stainless Limited IPO listing gains?
- Rajputana Stainless Limited listed on 19 Mar 2026, closing its first day at ₹113 — a listing loss of -7.3% versus the ₹122 issue price.
- What were the retail allotment odds for the Rajputana Stainless Limited IPO?
- Retail was subscribed 0.27×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 17 Mar 2026.
- What was the price band and lot size of the Rajputana Stainless Limited IPO?
- The price band was ₹116–₹122 per share, with a minimum lot of 110 shares (₹13,420 at the upper band).
- Who were the registrar and lead manager for the Rajputana Stainless Limited IPO?
- KFin Technologies Limited was the registrar, and Nirbhay Capital Services was the book-running lead manager.