Rajputana Stainless IPO
Stainless Steel Manufacturing - Listed on 19 March 2026
Rajputana Stainless IPO listing summary
Rajputana Stainless (Stainless Steel Manufacturing) closed its IPO window in 2026 and listed on NSE and BSE on 19 March 2026 at an upper band issue price of Rs 122, opening at Rs 122 for a listing gain of 0.0% and closing day one at Rs 113.03 (-7.3% on closing basis). The IPO was subscribed 1.12x overall - QIB 2.51x, HNI/NII 2.59x, Retail 0.27x. The total issue size was Rs 254.98 Cr (Fresh Issue Rs 178.73 Cr, OFS Rs 76.25 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Rajputana Stainless IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 1 | +0.82% |
| Day 2 | Rs 1 | +0.82% |
| Day 3 | Rs 1 | +0.82% |
| Day 4 | Rs 1 | +0.82% |
| Day 5 | Rs 1 | +0.82% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 5.0 pp (Reasonably accurate)
Issue & financials
Market context at listing
How the broader market moved around the Rajputana Stainless IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Rajputana Stainless IPO - FAQs
What was the listing gain of Rajputana Stainless IPO?
Rajputana Stainless IPO listed at 0.0% versus the upper issue price of Rs 122 on 19 March 2026.
How many times was Rajputana Stainless IPO subscribed?
Rajputana Stainless IPO was subscribed 1.12x overall. QIB portion was subscribed 2.51x, HNI / NII 2.59x and Retail 0.27x.
What was the IPO GMP for Rajputana Stainless?
IPO GMP started at Rs 1 on Day 1 and moved to Rs 1 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.