X 
IPO Snapshot
Home | Ipo | IPO Snapshot
Rajputana Stainless Ltd.
Issue Open Date 09-Mar-26  
Issue Closing Date 11-Mar-26  
Application Money 100  
Allotment Money  
Price Band (Rs.) 116 - 122  
Minimum Bid Quantity. 110  
Issue Size (Shares) 20900000  
Market Lot 1  
Objective :
1. Funding capital expenditure requirements for expansion of the existing manufacturing facility at Panchmahal district, Gujarat through forward integration and diversification of product portfolio i.e., Stainless Steel Seamless Pipes (“Proposed Facility”).2. Full or part repayment and/or prepayment of certain outstanding borrowings availed by our Company.3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   5643000   14640340   2.59  
Qualified Institutional Buyers   2090000   5239630   2.51  
Retail Individual Investors   2090000   5239630   2.51  
Business Description
We are a growing Stainless Steel Manufacturing Unit with an annual installed capacity of 40,000 MT. Inaddition, we have an in-house Bright Bar manufacturing Unit having an annual installed capacity of 3,600MT and two Wind Mill Projects at Kutchch and Rajkot respectiv...
Promoter's Holding
Total Share Capital   53905040  
Offered to Public   20900000  
Promoter's Holding (Pre-Issue)   78.21  
Promoter's Holding (Post-Issue)   57.03  
More
Address
213
Madhwas
Halol Kalol Road
Kalol
Panchmahal ,
Gujarat ,
389330
Phone : 063 5816 4770
Email : compliance@rajputanastainless.com
Website : www.rajputanastainless.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Nirbhay Capital Services Pvt Ltd.
Promoters
Babulal D Mehta
Jayesh Natvarlal Pithva
Shankarlal Deepchand Mehta
Yashkumar Shankarlal Mehta