Rajputana Stainless IPO

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IPO Rating

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0/0

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Rajputana Stainless IPO Details

  • Bidding Date

    09-Mar-2026 to
    11-Mar-2026

  • Issue Size

    ₹254.98 Cr

  • Price Band

    ₹116 to ₹122

  • Allotment date

    12-Mar-2026

  • Listing date

    19-Mar-2026

  • Lot size

    110

  • No. of shares

    2,09,00,000

  • Fresh issue/OFS

    ₹178.73 Cr/₹76.25 Cr

About Rajputana Stainless Company

Rajputana Stainless Limited, incorporated on April 2, 1991, as Rajputana Steel Castings Private Limited in Panchmahal, Gujarat, and converted to public limited status in 2007, has maintained a consistent focus on stainless steel manufacturing over three decades from its 22-acre facility along Halol-Kalol Road, without major diversification beyond core steel processing. The core business centers on producing billets, forging ingots, round bars (black and bright), square bars, hex bars, wire rods, flat bars, and RCS through electric arc furnace melting, AOD refining, continuous casting, and rolling processes serving infrastructure, automotive, engineering, oil, manufacturing, and utensil sectors primarily via domestic traders with exports to UAE, USA, Turkey, and Kuwait. Key expertise includes high-precision steel composition control at 1600°C melting, impurity removal, dimensional accuracy, and surface quality management with annual capacity supporting 60,000 tons. Unique strengths encompass state-of-the-art processes combining machinery with craftsmanship, rigorous quality inspections, and global certifications ensuring reliability for demanding applications. The company supplies domestic and international industrial clients through direct sales and trader networks, guided by a philosophy of integrity, innovation, sustainability, and client trust to address quality consistency, market volatility, and competitive pressures in the special steel sector.

Subscription Status

  • Category

    Status

  • QIBs

    2.5x

  • NIIs

    2.6x

  • Retail

    0.3x

  • Others

    --

  • Total

    1.1x

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FAQs for Rajputana Stainless IPO.

The issue size of Rajputana Stainless is ₹254.98 Cr.

Rajputana Stainless falls into Metal Mining & Minerals industry.

The Rajputana Stainless IPO will be listed on both NSE and BSE.

The open and close dates for the Rajputana Stainless are 09-Mar-2026 & 11-Mar-2026.

The price band for the Rajputana Stainless ipo is ₹116 to ₹122

The listing date of Rajputana Stainless IPO is 19-Mar-2026.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Rajputana Stainless total subscription ratio is 1.1X.

Key financial of the Rajputana Stainless are:


Rajputana Stainless FY-25 FY-24 FY-23
Revenue (₹ Cr) 932.16 909.81 947.67
EBIT (₹ Cr) 65.03 51.09 36.93
Proft after Tax (₹ Cr) 39.85 31.63 24.04
Debt (₹ Cr) 99.75 79.76 79.83
Net Worth (₹ Cr) 151.95 112.27 81.17
RoE (%) 26.23 28.17 29.62