Rajputana Stainless IPO: Open/Close Date, Price, How to Apply - Religare Broking

Rajputana Stainless IPO

Rajputana Stainless IPO

IPO Details
Bidding Date Mar 9, 2026 IPO Price Range ₹116 to ₹122 per share IPO Size ₹255 Cr
Listing Exchange BSE, NSE Listing Date Mar 16, 2026 Lot Size 110 Shares

Minimum Investment
₹13420/110shares

IPO Timeline

Open DateMar 9, 2026
Close DateMar 11, 2026
Allotment FinalisationMar 12, 2026
Demat TransferMar 13, 2026
Refund InitiationMar 13, 2026
ListingMar 16, 2026

About Rajputana Stainless IPO

The Rajputana Stainless Limited is engaged in the manufacturing of long and flat stainless-steel products, comprising billets, forging ingots, rolled black bars, rolled bright bars, flats, pattis, and other ancillary products under the brand name “RSL.” The company offers its products in more than eighty diverse grades of stainless steel, reflecting its capability to meet varied technical and application-specific requirements. Its versatile production capabilities enable it to cater to a wide range of industries and accommodate specific customer requirements. This flexibility differentiates the Company from its competitors and strengthens its ability to serve a diverse client base. Currently, the Company operates exclusively on a Business-to-Business (B2B) model, serving a customer base primarily consisting of manufacturers and traders. Its focus on the B2B segment allows it to deliver stainless-steel solutions tailored to the requirements of industrial clients across various applications. The Company’s products are utilized across a broad spectrum of industries, including bar processing, seamless pipes, forging, wire manufacturing, engineering, casting, fasteners, utensils manufacturing, pumps and shafts, and the automotive industry. This wide industrial presence underscores the adaptability and performance of its stainless-steel solutions in both standard and specialized end-use applications.

Rajputana Stainless IPO Subscription Status

Date QIB NII Retail Total
TBA 0 0 0 0
TBA 0 0 0 0

Rajputana Stainless IPO Financial Status

Particulars (in Rs. Crores) 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 448.80 420.36 324.01 297.34
Total Income 502.77 937.49 915.50 950.69
Profit After Tax 24.41 39.85 31.63 24.04
EBITDA 45.92 73.79 59.41 43.85
Net Worth 176.65 151.95 112.27 81.17
Reserves and Surplus 108.16 83.75 78.36 46.73
Total Borrowing 85.91 99.75 79.76 79.83

Rajputana Stainless IPO SWOT Analysis

Strengths

  • Established, integrated manufacturing setup at strategic location.
  • Diverse Product Portfolio.
  • Established customer base and relationships.
  • Promoters and Experienced Management Team.

Weaknesses

  • Significant portion of revenue relies on key customers, with no long-term agreements in place.
  • Manufacturing operations are heavily concentrated in Gujarat.
  • Procurement of critical raw materials is concentrated among a limited supplier base.
  • Exposure to major ongoing disputes and contingent financial risks.

How to Apply - Rajputana Stainless IPO

Retail investors can apply for the IPO using their Demat Account. Don’t miss your chance!

Apply for IPO Online Using Dynami App

Invest in companies listing on the Indian exchanges with an IPO

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Frequently Asked Questions

The issue size for Rajputana Stainless IPO is ₹255 Cr

You can apply for the Rajputana Stainless IPO 2 days before the official subscription period begins using the pre-apply option.

Pre-applying for the Rajputana Stainless IPO lets you apply before it officially opens. Click on the Apply Now link to apply for Rajputana Stainless IPO on Religare Broking.

Your order will be submitted to the exchange as soon as bidding for Rajputana Stainless begins. You will receive a UPI request within 24 hours after the bidding starts. 

We will notify you when your Rajputana Stainless order is placed with the exchange.

The open date is 9 Mar’2026 and the closing date is 11 Mar’2026

The lot size of the IPO is 110 shares

The price band of the IPO is ₹116 to ₹122 per share

Upcoming IPOs Announced & Expected

Registrar information

Name
Kfin Technologies Ltd.

Phone number

04067162222, 04079611000

Email ID

rsl.ipo@kfintech.com