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Rajputana Stainless Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Rajputana Stainless Ltd IPO

Registered Office: 213 Madhwas,Halol Kalol Road Kalol , Panchmahals - 389330 , Gujarat , India.
Phone : +91 635816 4770   Fax:
Email :  compliance@rajputanastainless.com  
Website :  www.rajputanastainless.com
Initial public offering of up to 2,09,00,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Rajputana Stainless Limited ("The Company" or the "Issuer") for cash at a price of (Rs)122.00 per equity share (Including a Securities Premium of (Rs)112.00 per Equity Share) ("Offer Price") aggregating up to (Rs)254.98 crores comprising a fresh issue of up to 1,46,50,000 equity shares of face value of (Rs)10/- each aggregating up to (Rs)178.73 crores by the company ("Fresh Issue") and an offer for sale of up to 62,50,000 equity shares of face value of (Rs)10/- each aggregating up to (Rs)76.25 crores ("Offered Shares") by Shankarlal Deepchand Mehta (The "Selling Shareholder" or "Promoter Selling Shareholder"), ("Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute [*] % of the post-offer paid-up equity share capital of its company. Price Band: (Rs)116 to (Rs)122 per equity share of face value of (Rs)10/- each. The floor price is 11.60 times of the face value of the equity shares and the cap price is 12.20 times of the face value of the equity shares. Bids can be made for a minimum of 110 equity shares of face value of (Rs)10/- each and in multiples of 110 equity shares of face value of (Rs)10/- each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Mar-26 11-Mar-26 (Rs)116.00-122.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :110  Further Multiples of :110

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Nirbhay Capital Services Pvt Ltd
Project Financed through Current Offer 242.44  
Post Issue Equity Share Capital 89.82  
Issue Price (Rs)116.00  
 
Projects
Funding capital expenditure requirements in relation to the setting up of the proposed facilityFull or part of repayment and /or prepayment of certain outstanding secured borrowings availed by the company
Funding working capital requirement of the proposed facilityGeneral corporate purposes
Promoted By
Shankarlal Deepchand Mehta  
Babulal D Mehta  
Jayesh Natvarlal Pithva  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd