ListedMainboardSteel & Iron ProductsRSL

Rajputana Stainless IPO

Rajputana Stainless IPO is a mainboard IPO raising ₹255 Cr at ₹116 – ₹122 a share. It listed on 19 Mar 2026 at ₹122, 0.0% against its issue price of ₹122, and trades at ₹191 today (+56.6% since issue). It was subscribed 1.12× in total.

122
Issue price
191
Price now
+56.6%
Since issue price
19 Mar 2026
Listed on
1.12×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

63 mainboard issues listed in 2026 that we can price today. This is the group this issue belongs to.

+33.9%
Median return since issue price
27%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB2.51×
Non-institutional2.59×
Retail0.27×

Non-institutional: 2.59× their allocation. Retail: 0.27×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits
How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrar1 bank
Official documents4 documents
Listing-day priceOpened at ₹122 on debut
Performance since listingComputed from our own daily closes

Led by Nirbhay Capital Services Private Limited — median +53.5% across the 2 of its issues we can price. All lead managers →

What happens when

6 MarPre-apply
9 MarBidding opens
11 MarBidding closes
19 MarAllotment
18 MarRefunds
19 MarListing
22 AprMandate ends

Track RAJPUTANA STAINLESS LTD

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.