Rajputana Stainless IPO GMP: Day 3 IPO Live Updates

Posted by : Ekta Dhawan | Tue Mar 10 2026

The Rajputana Stainless IPO GMP is ₹1.5 as of 11th 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.

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Rajputana Stainless IPO Grey Market Premium

As of 11th March 2025, the GMP for the Rajputana Stainless IPO stands at ₹1.50 per share. Thus, the estimated listing price would be ₹123.50. This indicates that the estimated listing gain in this IPO could be 1.23%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Rajputana Stainless IPO GMP updates.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
11-3-2026	₹122.00	₹1.50	₹123.50	1.23%
10-3-2026	₹122.00	₹1.50	₹123.50	1.23%
9-3-2026	₹122.00	₹2.00	₹124.00	1.64%
8-3-2026	₹122.00	₹2.00	₹124.00	1.64%
7-3-2026	₹122.00	₹2.00	₹124.00	1.64%
6-3-3036	₹122.00	₹0.00	₹122.00	0.00%
5-3-2026	₹122.00	₹0.00	₹122.00	0.00%
4-3-2026	₹122.00	₹0.00	₹122.00	0.00%
3-3-2026	₹122.00	₹0.00	₹122.00	0.00%
2-3-2026	₹122.00	₹0.00	₹122.00	0.00%
1-3-2026	₹122.00	₹0.00	₹122.00	0.00%
28-2-2026	₹122.00	₹0.00	₹122.00	0.00%

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Rajputana Stainless IPO Details

IPO Allotment Date	12th March 2026
IPO Open Date	9th March 2026
IPO Close Date	11th March 2026
Refund Initiation	13th March 2026
Issue Size	2,09,00,000 shares(agg. up to ₹255 Cr)
Fresh issue	1,46,50,000 shares(agg. up to ₹179 Cr)
Offer for sale	62,50,000 shares of ₹10(agg. up to ₹76 Cr)
Face Value	₹10 per share
Lot Size	110 shares
Issue Price	₹116 to ₹122 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & NSE
Listing Date	16th March 2026

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.

Objectives of the Rajputana Stainless IPO

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, responsible for managing allotment and initiating refunds. For any queries regarding the Rajputana Stainless allotment and refund, please contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222, 04079611000.

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 further ratings to gain a better understanding and will continue to post 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.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Rajputana Stainless IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	21.1
EPS (Earnings Per Share)	5.78
RoNW	13.82%
ROCE	16.55%
ROE	14.86%
EBITDA Margin	9.16%
Price to Book Value	–
Market Capitalisation	₹1,019.53 Cr.

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.

Indicators	Pre-IPO	Post-IPO
PE Ratio	21.1	20.88
EPS	5.78	5.84

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FAQs on Rajputana Stainless IPO

What is the GMP of the Rajputana Stainless IPO?

Ans. Currently, on 11th March 2026, the Rajputana Stainless IPO GMP (Grey Market Premium) stands at ₹1.50. This indicates that the estimated listing price could be ₹123.50 per share.

What is the issue price of the Rajputana Stainless IPO?

Ans. The Rajputana Stainless IPO price range is ₹116 to ₹122 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 110 shares, worth ₹13,420. Moreover, HNIs are required to bid for a minimum of 15 lots (1,650 shares) worth ₹2,01,300.

Who is the registrar of the Rajputana Stainless IPO?

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 thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.