Mumbai, March 2, 2026: Rajputana Stainless Limited has fixed the price band of Rs 116 to Rs 122 per equity share (face value Rs 10 each) for its upcoming initial public offering.
According to the company’s Red Herring Prospectus dated February 27, 2026 , the IPO will open for subscription on Monday, March 9, 2026and close on Wednesday, March 11, 2026. The anchor investor bidding date is scheduled for Friday, March 6, 2026 .
IPO structure
The public issue comprises:
- Fresh issue: Up to 1,46,50,000 equity shares
- Offer for sale (OFS): Up to 62,50,000 equity shares by promoter selling shareholder Shankarlal Deepchand Mehta
The total offer size aggregates up to 2,09,00,000 equity shares .
Investors can bid for a minimum of 110 equity shares and in multiples of 110 shares thereafter, as stated in the offer details .
Listing and lead managers
The equity shares are proposed to be listed on BSE Limited and National Stock Exchange of India Limitedwith BSE designated as the stock exchange for the offer .
Nirbhay Capital Services Private Limited is the Book Running Lead Manager, while KFin Technologies Limited is the Registrar to the Offer .
The IPO is being made through the book building process in accordance with SEBI ICDR Regulations .
Further details regarding allocation structure, risk factors and financial information are available in the company’s Red Herring Prospectus.
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