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Rajputana Stainless Limited IPO DRHP
Rajputana Stainless Limited IPO

Rajputana Stainless Limited IPO DRHP

Rajputana Stainless Steel is engaged in the manufacturing of long and flat stainless-steel products under the brand name “RSL.” Its product portfolio includes billets, forging ingots, rolled black bars, rolled bright bars, flats, pattis, and other ancillary products, offered in over 80 stainless-steel grades to meet diverse technical and application-specific requirements. Operating exclusively in the B2B segment, the company serves manufacturers and traders across multiple industries. Its products find application in bar processing, seamless pipes, forging, wire manufacturing, engineering, casting, fasteners, utensils, pumps and shafts, and the automobile sector, demonstrating strong adaptability across standard and specialized industrial uses.

Rajputana Stainless IPO Objects

  1. Funding Capex requirements in relation to the setting up of the Proposed Facility
  2. Repayment of certain outstanding secured borrowings availed by our Company
  3. General corporate purpose

Rajputana Stainless IPO Details

Price Band

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹0.00 (1.47 Cr Shares)

Offer For Sale

₹0.00 (0.63 Cr Shares)

Total Issue

₹0.00 (2.09 Cr Shares)

Face Value

₹10 per equity share

Category Allocation

Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer

Rajputana Stainless IPO Financials

(Rs. in crores)

Particulars Dec-24 Mar-24 Mar-23 Mar-23
Revenue 684.13 909.81 947.67 766.42
PAT 31.58 31.63 24.04 8.70
Net Worth 143.83 112.27 81.17 57.76
Borrowings 90.30 79.76 79.83 91.84
Assets 393.79 324.01 297.34 281.10
NAV (₹) 20.87 16.29 11.78 8.38
EPS (₹) 4.58 4.59 3.49 1.26

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
EBITDA 6.53%
PAT 3.48%
ROE 32.70%
ROCE 32.17%
Debt to Equity 0.71

All the data pertains to FY 2023-24. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Details

Name Shareholding
Shankarlal Mehta 54.77%
Babulal Mehta 8.94%
Jayesh Pithva 7.21%
Others 7.30%
Total 78.22%

Management Details

Name Designation
Shankarlal Deepchand Mehta MD
Babulal D. Mehta WTD
Jayesh Natvarlal Pithva CFO

Company Details

Name: Rajputana Stainless Limited

Address: 213, Madhwas, Halol Kalol Road Kalol, Panchmahal, Gujarat – 389 330, India

Number: +91 63 5816 4770

Email: compliance@rajputanastainless.com

Website: www.rajputanastainless.com

Book Running Lead Managers (BRLMs)

RTAs

KFin Technologies
KFin Technologies
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Rajputana Stainless IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Rajputana Stainless IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.

Rajputana Stainless IPO opens on 11 Feb 26 and closes on 11 Feb 26.

The estimated Grey Market Premium of Rajputana Stainless IPO is ₹0 per share (-).

The minimum lot size of Rajputana Stainless IPO is shares & the minimum application amount is Rs. 0.

The allotment date of Rajputana Stainless IPO is 11 Feb 26.

The listing date of Rajputana Stainless IPO is 11 Feb 26.

Rajputana Stainless IPO is subscribed -.

Rajputana Stainless IPO is priced at ₹ - ₹ per share.

Click the allotment link on Rajputana Stainless IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Rajputana Stainless IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date