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Open
9 Mar 2026
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Close
11 Mar 2026
3
Allotment
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Listing
Thu, Mar 19, 2026
Price Band
₹116 to ₹122
Issue Size
2,09,00,000 shares (agg. up to ₹255 Cr)
Lot Size
110 Shares
Listing Date
Thu, Mar 19, 2026
Latest GMP
₹3
Est. Gain
2.46%
✦ AI Insight
GMP Trend
19-03-2026₹3Est. ₹125+2.46%
18-03-2026₹3Est. ₹125+2.46%
17-03-2026₹3Est. ₹125+2.46%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.06x |
Restated Financials (₹ Cr.)
| Period Ended | 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 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| VMS TMT Ltd. | Mainboard | ₹148.50 Cr | ₹99 | 22.24 | ₹99.65 | +0.66% | ₹44.83 |
| Sambhv Steel Tubes Ltd. | Mainboard | ₹540.00 Cr | ₹82 | 23.97 | ₹97.59 | +19.01% | ₹128.67 |
| Scoda Tubes Ltd. | Mainboard | ₹220.00 Cr | ₹140 | 33.81 | ₹147.00 | +5.00% | ₹129.85 |
| Kasturi Metal Composite Ltd. | SME | ₹17.61 Cr | ₹64 | 23.59 | ₹63.16 | -1.31% | ₹54.00 |
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹22.90 |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹25.05 |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹95.20 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 | 18.57 |
| 2 | Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company | 98.00 |
| 3 | General corporate purposes | 44.64 |
| 4 | Issue Expenses | 24.99 |
| Total | 186.20 |
About Rajputana Stainless IPO
Updated on Aug 5, 2026
Contact Details
Rajputana Stainless Ltd. Address213, MadhwasHalol Kalol Road, KalolPanchmahalHalol, Gujarat, 389330+91 63 5816 4770compliance@rajputanastainless.comVisit Website