Rajputana Stainless IPO: Check Latest GMP, Key Highlights, and More
The Rajputana Stainless IPO has attracted attention from investors looking at opportunities in the stainless steel manufacturing sector. Before applying, it is important to understand the Grey Market Premium (GMP), IPO price band, lot size, issue size, and listing timeline.
This guide covers the latest Rajputana Stainless IPO GMP, key highlights, and important details investors should know.
Rajputana Stainless IPO Details
| Detail | Information |
|---|---|
| Company | Rajputana Stainless Limited |
| IPO Type | SME IPO |
| Face Value | ₹10 per share |
| Price Band | ₹38 per share |
| Lot Size | 3,000 shares |
| Minimum Investment | ₹1,14,000 |
| Issue Size | ₹53.90 crore |
| IPO Open Date | 11 March 2026 |
| IPO Close Date | 13 March 2026 |
| Allotment Date | 17 March 2026 (Expected) |
| Listing Date | 19 March 2026 (Expected) |
| Listing Exchange | NSE SME |
| Registrar | Bigshare Services Pvt Ltd |
Rajputana Stainless IPO GMP Today
The Grey Market Premium (GMP) reflects the unofficial demand for the IPO in the grey market before listing.
| Date | GMP |
|---|---|
| Latest GMP | ₹6 |
| IPO Price | ₹38 |
| Estimated Listing Price | ₹44 |
Based on the current GMP, the IPO may list at around 15–16 percent premium if the sentiment remains stable.
Keep in mind that GMP is unofficial and may change quickly depending on market demand.
Rajputana Stainless IPO Key Highlights
Here are the main highlights of the IPO.
1. SME IPO on NSE
Rajputana Stainless is launching an SME IPO on the NSE SME platform, which generally targets smaller companies with growth potential.
2. Stainless Steel Manufacturing Business
The company focuses on stainless steel long products, mainly used in:
- Engineering industries
- Construction
- Railways
- Automotive components
3. Issue Size
The IPO size is approximately ₹53.90 crore, making it a relatively small issue compared with mainboard IPOs.
4. Minimum Investment
Retail investors must apply for one lot of 3,000 shares, requiring a minimum investment of about ₹1.14 lakh.
Rajputana Stainless IPO Objectives
The company plans to use the IPO proceeds for:
- Working capital requirements
- Repayment of certain borrowings
- General corporate purposes
These funds may help the company expand operations and improve production capacity.
Company Overview
Rajputana Stainless Limited is involved in the manufacturing and trading of stainless steel products. The company produces various grades of stainless steel long products used in several industries.
Its product portfolio includes:
- Stainless steel bars
- Stainless steel wires
- Flat steel products
The company supplies products across multiple industrial sectors in India.
Should You Consider the Rajputana Stainless IPO?
Here are a few factors investors often evaluate before applying:
Positive factors
- Growing demand for stainless steel in infrastructure and engineering
- SME companies can offer high growth potential
- Positive grey market premium
Risks
- SME IPOs can be more volatile after listing
- Limited financial history compared with large companies
- Lower liquidity on SME exchanges
Investors should review the company’s financials, growth prospects, and risk factors before making an investment decision.
Key Takeaways
- Rajputana Stainless IPO price: ₹38 per share
- Lot size: 3,000 shares
- Minimum investment: ₹1.14 lakh
- Latest GMP: ₹6
- Estimated listing price: around ₹44
- Listing exchange: NSE SME
FAQs
Q. What is the Rajputana Stainless IPO GMP today?
The latest grey market premium is around ₹6 per share.
Q. What is the lot size of Rajputana Stainless IPO?
The minimum application is 3,000 shares, requiring about ₹1,14,000.
Q. When will Rajputana Stainless IPO list?
The IPO is expected to list on 19 March 2026 on the NSE SME platform.
Q. Is Rajputana Stainless IPO a mainboard IPO?
No. It is an SME IPO listed on NSE SME.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
