NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Rajputana Stainless IPO Listing Falls Short of Expectations

On Thursday, March 19, Rajputana Stainless made a muted listing in the Indian stock market. The company's share price listed at a 1% premium over the IPO price of ₹122.

Key Statistics:

  • IPO price: ₹122
  • Listing price: ₹123.95 (BSE), ₹122 (NSE)
  • Gain for IPO allottees: 1%

Read also: SMR Jewels IPO Successfully Lists with Institutional Support

The listing of Rajputana Stainless IPO came below market expectations, with a GMP (Grey Market Premium) of ₹3 indicating an estimated listing price of ₹125 ahead of the listing.

Investor Takeaway

Investors should be cautious of market expectations not being met in the IPO listing.

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