Rajputana Stainless IPO GMP, Price, Date, Allotment

Last Updated on February 28, 2026 by Krishna Bagra

Rajputana Stainless IPO Description – Established in 1991, Rajputana Stainless is a leading manufacturer of long and flat stainless-steel products, including billets, forging ingots, rolled black and bright bars, flats, and pattis. Operating under the brand “RSL,” the company offers over 80 grades of stainless steel, serving diverse industrial applications such as forging, seamless pipes, engineering, fasteners, utensils, pumps, shafts, and the auto sector.

As of 31 March 2025, RSL generated INR 932.16 crore in revenue, with 98.36% from domestic operations and 1.64% from exports to nine countries, including the USA, UAE, and Turkey. The company caters to 370 customers, comprising 225 manufacturers and 97 traders, with over 167 long-term clients contributing INR 706.85 crore (75.83%) of Fiscal 2025 revenue.

RSL operates a 35,196.98 sq.m manufacturing facility in Kalol, Gujarat, equipped with a 48,000 MTPA melting capacity and 36,000 MTPA rolling capacity, supported by modern AOD, CCM, and heat-treatment infrastructure.

Promoters of Rajputana Stainless – Shankarlal Deepchand Mehta, Babulal D Mehta, Jayesh Natvarlal Pithva, and Yashkumar Shankarlal Mehta

Rajputana Stainless IPO Details

Rajputana Stainless Financial Performance

Rajputana Stainless Offer News

• Rajputana Stainless RHP
• Rajputana Stainless DRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

Rajputana Stainless Valuations & Margins

Rajputana Stainless IPO GMP Today (Daily Trend)

Rajputana Stainless Offer Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

• Funding capital expenditure requirements in relation to the setting up of the Proposed Facility – INR 18.57 crore
• Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the company – INR 98 crore
• General corporate purposes

Rajputana Stainless IPO Subscription – Live Updates

Coming soon

() Shares allotted to anchor investors are not included in these calculations.

Rajputana Stainless – Comparison With Listed Peer

Rajputana Stainless IPO Allotment Status

Rajputana Stainless IPO allotment status will be available on the KFin Technologies website. Click on this link to get the allotment status.

Rajputana Stainless IPO Dates & Listing Performance

Rajputana Stainless IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth –
Capital Market –
Canara Bank Securities –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking –
DR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities –
Samco Securities –
SMC Global –
Swastika Investmart –
Ventura Securities –

Rajputana Stainless IPO Lead Manager

NIRBHAY CAPITAL SERVICES PRIVATE LIMITED
201, Maruti Crystal, Opp. Rajpath Club,
S.G. Highway, Bodakdev, Ahmedabad 380054, Gujarat
Phone: +91 79 48970649
Email: [email protected]
Website: www.nirbhaycapital.com

Rajputana Stainless Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower-B, Plot No. 31 and 32,
Financial District Nanakramguda,
Serilingampally, Hyderabad – 500 032
Phone: +91 40 6716 2222 / 1800 309 4001
Email: [email protected]
Website: www.kfintech.com

Rajputana Stainless Contact Details

RAJPUTANA STAINLESS LIMITED
213, Madhwas, Halol Kalol Road Kalol,
Panchmahal, Gujarat – 389 330, India
Phone: +91 63 5816 4770
Email: [email protected]
Website: www.rajputanastainless.com

Rajputana Stainless IPO FAQs