Exchanges
BSE, NSE
Industry
Iron & Steel Products
Issue
Book building

Rajputana Stainless IPO

₹113.03

−7.35% on listing

Listing-day close · NSE · 19 Mar 2026 · issue price ₹122

Rajputana Stainless’ ₹255 crore IPO was priced at ₹122 a share. It listed on the NSE on 19 Mar 2026 and closed its first day at ₹113.03, down 7.35% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹255 Cr
Fresh issue
₹179 Cr
Offer for sale
₹76.25 Cr
Lot size
110 shares
Minimum investment
₹13,420
Face value
₹10
Registrar
Kfin Technologies

Subscription

Rajputana Stainless IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.06×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,020 Cr
P/E (post-issue)
20.9
EPS (post-issue)
₹5.84
ROE
14.86%
ROCE
16.55%
Debt to equity
0.49
EBITDA margin
9.16%
PAT margin
4.87%
Promoter holding
78.22% → 57.01%

Financials as of 30 Sep 2025, from the offer documents.

Listing

Listing date
19 Mar 2026
Issue price
₹122
Open
₹122.00
High
₹122.10
Low
₹111.16
Close
₹113.03

Listing day on the NSE. The close was −7.35% on the issue price.

FAQs

When did the Rajputana Stainless IPO open and close?

It opened on 9 Mar 2026 and closed on 11 Mar 2026.

What was the Rajputana Stainless IPO price?

The price band was ₹116–122 a share. The final issue price was ₹122.

What is the lot size and minimum investment?

One lot is 110 shares, ₹13,420 at ₹122 a share. Retail investors apply in whole lots.

How much did Rajputana Stainless raise?

₹255 crore: ₹179 crore of new shares and ₹76.25 crore offered by existing shareholders.

How many times was the Rajputana Stainless IPO subscribed?

1.06 times overall.

How did Rajputana Stainless list?

It listed on the NSE on 19 Mar 2026 at ₹122.00 and closed the day at ₹113.03, down 7.35% on the ₹122 issue price.

Who is the registrar of the Rajputana Stainless IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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