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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 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 to (Rs)254.98 Crores comprising a fresh issue of 1,46,50,000 equity shares aggregating to (Rs)178.73 Crores by the company ("Fresh Issue") and an offer for sale of 62,50,000 equity shares aggregating to (Rs)76.25 Crores ("Offered Shares") by the promoter selling shareholder (The "Selling Shareholder" or "Promoter Selling Shareholder"), ("Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute 25.01% of the post-offer paid-up equity share capital of its company. Price Band: (Rs)122 per equity share of face value of (Rs)10/- each. The floor 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)122.00-0.00 (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 161.21
Nirbhay Capital Services Pvt Ltd
Project Financed through Current Offer 254.98  
Post Issue Equity Share Capital 83.57  
Issue Price (Rs)122.00  
 
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
Full or part repayment and/or prepayment of certain outstanding borrowings availed by its CompanyGeneral corporate purposes
Promoted By
Shankarlal Deepchand Mehta  
Babulal D Mehta  
Jayesh Natvarlal Pithva  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd