
Rajputana Stainless IPO
RSL
Last updated on 25/10/2026 | 07:00 IST
Rajputana Stainless IPO is a book built issue of ₹2,09,00,000 crores. The issue is a combination of a fresh issue and an offer for sale. The subscription opens on 09 Mar '26 and closes on 11 Mar '26, with the basis of allotment expected to be finalised on 12 Mar '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 16 Mar '26. The price band is set at ₹116 to ₹122 per share with a minimum lot size of 110 shares. Nirbhay Capital Services Pvt Ltd is the book-running lead manager, while Kfin Technologies Ltd is the registrar of the issue; for detailed information, refer directly to the official Rajputana Stainless IPO .
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Rajputana Stainless IPO Dates & Details
Open Date
09 Mar '26
Close Date
11 Mar '26
Allotment Date
12 Mar '26
Refund Date
13 Mar '26
Listing Date
16 Mar '26
Price Range
₹116 - ₹122
Min Investment
₹13,420
Lot Size
110
Listing at
NSE
IPO Document
Rajputana Stainless IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 1,04,50,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 31,35,000 crores |
| Retail Individual Investors (RIIs) | 35% | 73,15,000 crores |
About Rajputana Stainless Ltd IPO
Incorporated in 1991, Rajputana Stainless Limited is engaged in manufacturing long and flat stainless-steel products.
The company offers a range of stainless steel products, including billets, forging ingots, rolled black and bright bars, flat & patti, and other ancillary products, in over 80 diverse grades.
The company primarily sells its products domestically through direct sales and traders, while also exporting to five countries: UAE, USA, Turkey, Kuwait, and Poland.
The company uses its expertise and infrastructure to supply raw materials for various industries, including seamless pipes, aerospace, forging, oil and gas, defense, automotive, aviation, and precision engineering.
The company operates a manufacturing facility of 35,196.98 Sq.m in Kalol, Gujarat, equipped with an induction furnace, AOD, CCM, heat treatment facilities, rolling mill, and bright bar shop for efficient production.
Product Portfolio:
- Billet: The company produces stainless steel billets, semi-finished products made from liquid steel, used as optimal inputs for hot working processes such as forging, rolling, and ring rolling.
- Cast ingots: The company produces cast ingots, metal masses poured into molds for easy storage, transportation, and further processing. These ingots are free from defects, marked for traceability, and used in open die forgings, re-rolling, and ring rolling.
- Hexagon al Bars: The company produces hexagonal bars, stainless steel rolled into hexagonal shapes, used in manufacturing nuts, valves, hose ends, fasteners, and hex bolts.
As of September 30, 2025, the company had 408 permanent employees and workers comprising skilled and unskilled workers.
Rajputana Stainless IPO Strengths & Weaknesses
Established
integrated manufacturing setup at a strategic location.
Diverse Product Portfolio.
Established customer base and strong relationships.
Strong Promoters and Experienced Management Team.
Track Record of healthy growth.
No Data Found
Rajputana Stainless IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 2,09,00,000 shares (aggregating up to ₹13,420 crores) |
| Fresh Issue | 14,65,000 shares (aggregating up to ₹1,46,50,000 crores) |
| Offer for Sale | 6,25,000 shares of ₹10 (aggregating up to ₹62,50,000 crores) |
| Issue Type | Bookbuilding IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 68917656 shares |
| Post-Issue Shareholding | 83567656 shares |
Rajputana Stainless IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Rajputana Stainless ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Rajputana Stainless IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Rajputana Stainless IPO Contact & Registrar Details
Contact Details
Address
213 Madhwas Halol Kalol Road Kalol Panchmahal Halol
Phone Number
Registrar Details
Registrar Name
Kfin Technologies Ltd
Phone Number
Rajputana Stainless Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Nirbhay Capital Services Pvt Ltd |


