Rajputana Stainless IPO Day 1 Update

Key IPO Details:

• IPO Period: 9 March 2026 - 11 March 2026
• Price Band: ₹116 - ₹122 per share
• Issue Size: ₹255 crore (₹76 crore OFS, ₹179 crore fresh issue)
• Lot Size: 110 shares per lot

Grey Market Premium (GMP):

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• Rajputana Stainless IPO GMP: ₹2 per share (as of 9 March 2026)

IPO Schedule:

• IPO Opening Date: 9 March 2026
• IPO Closing Date: 11 March 2026
• Allotment Date: 12 March 2026 (tentative)
• Listing Date: 16 March 2026 (tentative)

IPO Review and Recommendations:

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• Anand Rathi: Assigns 'subscribe' tag, citing fair valuation and strong financial metrics.
• BP Wealth: Assigns 'apply' tag, highlighting improving margins and growth potential.
• Adroit Financial Services, SBI Capital Securities, and Ventura Securities: Assigns 'subscribe' tag.
• Swastika Investmart: Assigns 'avoid' tag.

Rajputana Stainless IPO Registrar:

• KFin Technologies: Appointed as the official registrar of the public issue.