Rajputana Stainless Limited is an infrastructure construction company engaged in execution of civil construction projects in India. The company undertakes roads, bridges, buildings, irrigation, industrial and other infrastructure works, mainly for government departments and PSUs. Revenue is generated through EPC and item‑rate contracts awarded via competitive bidding. Projects are executed using in‑house engineering teams, equipment and subcontractors across multiple sites in Odisha.

Rajputana Stainless an Book Built Issue, amounting to ₹ 254.98 Crore,consisting an fresh issue of 0.47 crore shares aggregating to ₹ 178.73 crores and offer for sale of 0.63 crore shares aggregating to ₹ 76.25 crores The subscription period for the Rajputana Stainless IPO opens on March 09, 2026, and closes on March 11, 2026. The allotment is expected to be finalized on or about 12 March, 2026, Thursday, and the shares will be listed on the NSE with a tentative listing date set on or about Monday, March 16, 2026.

The Share Price Band of Rajputana Stainless IPO is set at ₹116 to ₹122 per share  per equity share. The Market Capitalisation of the Rajputana Stainless at IPO price of ₹122  per equity share will be ₹1,019.53 Cr. The lot size of the IPO is 110 shares. Retail investors are required to invest a minimum of ₹ 13,420, 1 lots ( 110 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 15 lots ( 1,650 shares), amounting to ₹ 201,300.

Nirbhay Capital Services Private Limited, the book running lead manager of the Rajputana Stainless Ltd. while KFin Technologies Limited is the registrar for the issue.

Rajputana Stainless Limited IPO GMP Today
The Grey Market Premium of Rajputana Stainless IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Rajputana Stainless Limited IPO Live Subscription Status Today: Real-Time Update
As of 06:30 PM on March 11, 2026, the Rajputana Stainless IPO live subscription status shows that the IPO subscribed 1.12 times on its Final Day of subscription period. Check the Rajputana Stainless IPO Live Subscription Status Today at BSE.

Rajputana Stainless Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Rajputana Stainless IPO allotment date is 12 March, 2026, Thursday, Rajputana Stainless IPO Allotment will be out on 12 March, 2026, Thursday, and will be live on Registrar Website from the allotment date.
KFin Technologies Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Rajputana Stainless IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Rajputana Stainless Limited IPO
Rajputana Stainless to utilise the Net Proceeds towards the following objects:
1. ₹1,857.17 Lakhs is required for 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
2. ₹9,800.00 Lakhs is required for Full or part repayment and/or prepayment of certain outstanding borrowings availed by our Company;
3. General Corporate Purposes.

Refer to Rajputana Stainless Limited RHP for more details about the Company.