Rajputana Stainless IPO Day 1: GMP Flat | Live Updates

The Rajputana Stainless IPO GMP is ₹0 as of 9th March 2026. It is a book-building issue IPO of ₹254.98 crores. This is an entirely fresh issue of 1.47 crore shares and an offer for sale of 0.63 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 16th March 2026. The face value of Rajputana Stainless IPO shares is ₹10 per share, and the IPO price band is ₹116 to ₹122 per share. Retail investors can bid for a minimum of 1 lot of 110 shares worth ₹13,420. Scroll down to check the Rajputana Stainless IPO GMP and subscription details.

Rajputana Stainless IPO GMP Grey Market Premium

As mentioned earlier, the Rajputana Stainless IPO GMP currently stands at ₹2.00 per share. Thus, the estimated listing price would be at ₹124.00. This indicates that the estimated listing gain in this IPO could be 1.64%. Explore the table for Rajputana Stainless IPO GMP updates.

Note: GMP details are subject to change in response to market conditions and fluctuations. Check the live GMP status of the Rajputana Stainless IPO at Univest.

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Rajputana Stainless IPO Details

Also Read: Rajputana Stainless IPO GMP & Review: Apply or Avoid?

Explanation

Rajputana Stainless IPO: Rajputana Stainless IPO Limited has declared an issue price band of ₹116 to ₹122 per share. With this IPO, the company allows retail investors to bid for at least 1 lot of 110 shares, each worth ₹13,420. The face value of Rajputana Stainless IPO Limited shares is ₹10 per share. The shares of Rajputana Stainless IPO Limited will be listed on BSE and NSE on its tentative listing day, 16th March 2026. Scroll down to check GMP updates and Rajputana Stainless IPO reviews. 

About Rajputana Stainless Ltd.

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, and also exports to five countries: the UAE, the 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, defence, automotive, aviation, and precision engineering.

Rajputana Stainless Limited Financials

The company’s financial analysis is essential before applying for the Rajputana Stainless IPO. See the table for Rajputana Stainless Limited’s financials. 

Explanation

Rajputana Stainless Limited’s revenue increased by 17.42%, from ₹915.50 crore in March 2024 to ₹937.49 crore in March 2025. Moreover, the company’s PAT increased by 38.04% from ₹31.63 crore in March 2024 to ₹39.85 crore in March 2025.

Rajputana Stainless IPO Objectives

The primary aim of the Rajputana Stainless IPO is to raise ₹254.98 crores. 

• To meet working capital requirements
• To meet general corporate expenses
• Funding the working capital requirements of the Company.

Rajputana Stainless IPO Registrar

Kfin Technologies Limited is the registrar for the Rajputana Stainless IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Rajputana Stainless allotment and refund, you can contact Kfin Technologies Limited at rsl.ipo@kfintech.com or 04067162222, 04079611000.

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Rajputana Stainless IPO Review

The Rajputana Stainless IPO has gained neutral ratings from industry experts, brokers, and institutional investors. Rajputana Stainless Limited’s revenue increased by 17.42%, from ₹915.50 crore in March 2024 to ₹937.49 crore in March 2025. Moreover, the company’s PAT increased by 38.04% from ₹31.63 crore in March 2024 to ₹39.85 crore in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Rajputana Stainless IPO or not.

The P/E ratio of Rajputana Stainless Limited shares is 21.1, and its Earnings Per Share (EPS) stands at 5.78. Thus, the Rajputana Stainless IPO can deliver gains on its tentative listing date, 16th March 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Rajputana Stainless Limited may change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

FAQs 

What is the Rajputana Stainless IPO GMP?

Ans. Currently, on 9th March 2026, the Rajputana Stainless IPO GMP (Grey Market Premium) stands at ₹0.00. This indicates that the estimated listing price could be ₹122.00 per share.

What is the issue Size of the Rajputana Stainless IPO?

Ans. Rajputana Stainless IPO is a bookbuilding IPO of ₹254.98 crores. Moreover, the IPO is set to open on 9th March 2026 and close on 11th March 2026. 

Who is the registrar of the Rajputana Stainless IPO?

Ans.  Kfin Technologies Limited is the registrar for the Rajputana Stainless IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Rajputana Stainless allotment and refund, you can contact Kfin Technologies Limited at rsl.ipo@kfintech.com or 04067162222, 04079611000.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Rajputana Stainless IPO, download the Rajputana Stainless IPO RHP and Rajputana Stainless IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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