IPO

Rajputana Stainless Limited IPO

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Offer Date: Mar 9, 2026 - Mar 11, 2026

₹ NaN /N/A Shares

09 Mar, 2026

Open Date

11 Mar, 2026

Close Date

12 Mar, 2026

Allotment Date

16 Mar, 2026

Listing Date
Rajputana Stainless IPO Issue Details
  • Issue Price ₹N/A per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 1,46,50,000 Shares Fresh + 62,50,000 Shares OFS
  • Listing at BSE, NSE
  • Lead Manager Nirbhay Capital Services Pvt.Ltd.
  • Registrar Kfin Technologies Ltd.
Rajputana Stainless IPO Details
  • Retail Portion 35%
Rajputana Stainless IPO Documents
Rajputana Stainless IPO Details


The IPO of Rajputana Stainless is priced at ₹N/A per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Mar 9, 2026 and ends on Mar 11, 2026. The allotment for Rajputana Stainless IPO will be finalized on Mar 12, 2026. Rajputana Stainless IPO will be listed on BSE, NSE, with a tentative listing date fixed as Mar 16, 2026. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Ltd. is the registrar of the issue.

The book-running lead manager for the IPO is/are Nirbhay Capital Services Pvt.Ltd..


The Rajputana Stainless IPO sets its price band at N/A for each share. A single application for Rajputana Stainless Limited IPO must contain at least N/A shares.

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Rajputana Stainless Valuations
EPS Pre IPO ₹/-
EPS Post IPO ₹/-
Market Cap. Cr.
Rajputana Stainless Company Financials
In Crs.
In Cr.
30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 448.80 420.36 324.01 297.34
Revenue 502.77 937.49 915.50 950.69
Profit After Tax 24.41 39.85 31.63 24.04
Net Worth 176.65 151.95 112.27 81.17
Reserves & Surplus 108.16 83.75 78.36 46.73
Total Borrowing 85.91 99.75 79.76 79.83
About Rajputana Stainless Company

Incorporated in 1991, Rajputana Stainless Limited is engaged in manufacturing long and flat stainless-steel products.

The company offers a range of stainless steel products, including billets, forging ingots, rolled black and bright bars, flat & patti, and other ancillary products, in over 80 diverse grades.The company primarily sells its products domestically through direct sales and traders, while also exporting to five countries: UAE, USA, Turkey, Kuwait, and Poland.The company uses its expertise and infrastructure to supply raw materials for various industries, including seamless pipes, aerospace, forging, oil and gas, defense, automotive, aviation, and precision engineering.
The company operates a manufacturing facility of 35,196.98 Sq.m in Kalol, Gujarat, equipped with an induction furnace, AOD, CCM, heat treatment facilities, rolling mill, and bright bar shop for efficient production.

Product Portfolio:
Billet: The company produces stainless steel billets, semi-finished products made from liquid steel, used as optimal inputs for hot working processes such as forging, rolling, and ring rolling.
Cast ingots: The company produces cast ingots, metal masses poured into molds for easy storage, transportation, and further processing. These ingots are free from defects, marked for traceability, and used in open die forgings, re-rolling, and ring rolling.
Hexagon al Bars: The company produces hexagonal bars, stainless steel rolled into hexagonal shapes, used in manufacturing nuts, valves, hose ends, fasteners, and hex bolts.

As of September 30, 2025, the company had 408 permanent employees and workers comprising skilled and unskilled workers.

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Rajputana Stainless - Promoter(s)

Shankarlal Deepchand Mehta

Babulal D Mehta

Jayesh Natvarlal Pithva

Yashkumar Shankarlal Mehta

Pre Issue Share Holding : N/A%

Post Issue Share Holding : N/A%

Rajputana Stainless IPO - Issue Objectives
1

Funding capital expenditure requirements for setting up of manufacturing facility for Stainless Steel Seamless Pipes to expand the product portfolio (Proposed Facility)

2

Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company

3

General corporate purposes

Contact Details

Rajputana Stainless

213, Madhwas, Halol Kalol Road, Kalol, Panchmahal Halol, Gujarat, 389330

+91 63 5816 4770

compliance@rajputanastainless.com

https://www.rajputanastainless.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

rsl.ipo@kfintech.com

https://ipostatus.kfintech.com/