Rajputana Stainless IPO
The Rajputana Stainless IPO was a ₹254.98 crore mainboard issue (fresh issue and offer for sale), open for bidding from 9 Mar to 11 March 2026 at a price band of ₹116 to ₹122. The final issue price was ₹122. It was subscribed 1.12 times overall, and 0.27 times in the retail category. Shares listed on NSE and BSE on 19 March 2026 at ₹122.00, 0.0% above the issue price, and closed the first day at ₹113.03.
- Listing gain at open
- 0.0%₹122.00 vs ₹122
- Issue price
- ₹122Band ₹116 to ₹122
- Lot size
- 110 sharesMinimum ₹13,420
- Issue size
- ₹254.98 crore
- Subscribed
- 1.12xOverall
- Listed
- 19 Mar 2026NSE, BSE
Price and lots
Rajputana Stainless IPO details
NSE issue details| Bidding dates | 9 Mar 2026 to 11 Mar 2026 |
| Listing date | 19 March 2026 |
| Price band | ₹116 to ₹122 |
| Final issue price | ₹122 |
| Face value | ₹10 per share |
| Lot size | 110 shares |
| Minimum investment | ₹13,420 (110 shares, our calculation) |
| Retail maximum | 14 lots (₹1,87,880), under ₹2 lakh (our calculation) |
| Issue size | ₹254.98 crore (our calculation from the NSE issue details) |
| Type of issue | 100% Book Building, Fresh issue and offer for sale |
| Listed on | NSE and BSE |
| NSE symbol | RSL |
| BSE code | 544731 |
| ISIN | INE313L01016 |
| Lead managers | Nirbhay Capital Services Private Limited |
| Registrar | KFin Technologies Limited |
Subscription and listing
Rajputana Stainless IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details- QIBs2.51x
- Non-institutional (NII)2.59x
- NII above ₹10 lakh3.74x
- NII ₹2 lakh to ₹10 lakh0.31x
- Retail0.27x
- Total1.12x
Times subscribed at the close of bidding, as published by NSE. It is a fact about demand, not a sign of quality.
Listing day
Our calculation: gains vs issue price| NSE | BSE | |
|---|---|---|
| Open | ₹122.00 | ₹123.95 |
| High | ₹122.10 | - |
| Low | ₹111.16 | - |
| Close | ₹113.03 | ₹112.90 |
| Gain at open | 0.0% | +1.6% |
| Gain at close | −7.4% | −7.5% |
| Shares traded | 1,17,20,153 | - |
Latest: closed at ₹166.85 on NSE on 6 November 2026, +36.8% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the Rajputana Stainless IPO compares
Our calculation: 2026 mainboard IPOs on IPO24by7Among 109 mainboard IPOs of 2026 on our tracker, the Rajputana Stainless IPO's subscription of 1.12 times ranks 105th of 109, and its listing gain of 0.0% at open ranks 75th of 107. By issue size it ranks 84th. The median listing-day gain at open for mainboard IPOs this year is +7.6%. See all 2026 IPOs with listing gains or the IPO calendar for March 2026.
Other mainboard IPOs listed in March 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| Central Mine Planning & Design Institute | 30 Mar 2026 | ₹172 | 1.05x | −7.0% |
| GSP Crop Science | 24 Mar 2026 | ₹320 | 1.61x | +2.5% |
| Innovision | 23 Mar 2026 | ₹519 | 3.32x | −9.9% |
| Sedemac Mechatronics | 11 Mar 2026 | ₹1,352 | 2.68x | +13.5% |
| Omnitech Engineering | 5 Mar 2026 | ₹227 | 1.14x | −11.0% |
| PNGS Reva Diamond Jewellery | 4 Mar 2026 | ₹386 | 1.23x | −2.8% |
Allotment
Rajputana Stainless IPO allotment status
- Open the registrar's pageKFin Technologies Limited is the registrar. Open its allotment page.
- Select Rajputana Stainless LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
Rajputana Stainless IPO FAQs
What was the Rajputana Stainless IPO price band?
The price band was ₹116 to ₹122 per share and the final issue price was ₹122. The face value is ₹10 per share.
What was the Rajputana Stainless IPO lot size?
One lot was 110 shares. The minimum investment at the issue price was ₹13,420. Retail investors could apply for up to 14 lots.
How many times was the Rajputana Stainless IPO subscribed?
It was subscribed 1.12 times overall, as published by NSE. QIBs bid 2.51 times their quota, NIIs 2.59 times and retail investors 0.27 times.
What was the Rajputana Stainless IPO listing price?
It opened at ₹122.00 on NSE and BSE on 19 March 2026, a gain of 0.0% over the issue price of ₹122 (our calculation). It closed the day at ₹113.03.
How do I check Rajputana Stainless IPO allotment status?
KFin Technologies Limited is the registrar. Select Rajputana Stainless Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the Rajputana Stainless IPO a fresh issue or an offer for sale?
Fresh issue and offer for sale, as stated in the NSE issue details.
Who were the lead managers of the Rajputana Stainless IPO?
Nirbhay Capital Services Private Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.