Rajputana Stainless IPO Allotment Status, Allotment Date, and GMP

Rajputana Stainless IPO Allotment Status, Allotment Date, and GMP

by Rupeezy Team
Last Updated: 13 March, 20265 min read
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Summary:

  • Revised Allotment Timeline: Due to a SEBI-directed delay, the Rajputana Stainless IPO allotment is now scheduled for Tuesday, March 17, 2026, with the final listing expected on March 19.

  • Special Withdrawal Window: Investors have a final opportunity to withdraw their bids on March 12, 13, and 16 (10 AM to 5 PM) before the allotment is finalized.

  • Status Check Instructions: A complete step-by-step guide on how to verify your allotment status through the Kfin Technologies registrar portal or the official BSE and NSE websites.


The Rajputana Stainless IPO allotment status has faced a delay and is now expected to be finalized on Tuesday, March 17, 2026. This postponement follows a SEBI directive after the company reportedly shared unsolicited promotional material during the bidding period. Consequently, the company has opened a three-day withdrawal window (March 12, 13, and 16) for investors who wish to retract their bids. The IPO, which closed on March 11, was subscribed 1.12 times overall. Once finalized, investors can check their allotment status on the NSE, BSE, or the official registrar’s website, Kfin Technologies Limited.

How to Check Rajputana Stainless IPO Allotment Status on NSE

Below are the steps to check the Rajputana Stainless IPO allotment status on NSE:

  • Step 1: Visit the NSE website page “Verify IPO Bids”.

  • Step 2: Select the IPO symbol “RAJPUTANA” from the dropdown menu.

  • Step 3: Enter your PAN No. and Application No.

  • Step 4: Click Submit.

  • Step 5: Once submitted, check the "Allotment Details" section for the IPO allotment status.

How to Check Rajputana Stainless IPO Allotment Status on BSE

Follow these simple steps to check the Rajputana Stainless IPO allotment status on BSE:

  • Step 1: Visit the BSE “Status of Issue Application” page.

  • Step 2: Select the issue type as “Equity.”

  • Step 3: Select "Rajputana Stainless Limited" from the Issue Name section.

  • Step 4: Enter your IPO Application number or PAN number.

  • Step 5: Tick the “I’m not a robot” box to verify your identity.

  • Step 6: Click the “Search” button to view the Rajputana Stainless IPO allotment status.

How to Check Rajputana Stainless IPO Allotment on the Kfin Technologies Website

Below are the steps to check the Rajputana Stainless IPO allotment status on the registrar's website:

  • Step 1: Visit the Kfin TechnologiesIPO Allotment Status" page.

  • Step 2: Select “Rajputana Stainless Limited” from the dropdown menu.

  • Step 3: Enter your PAN number, Application number, or DP Client ID.

  • Step 4: Click on “Submit” to check the Rajputana Stainless IPO allotment status.

Rajputana Stainless Limited (RSL) IPO Subscription

By the end of the final day (March 11), the Rajputana Stainless IPO was subscribed 1.12 times overall. Non-Institutional Investors (NIIs) showed the highest interest at 2.59x, while Qualified Institutional Buyers (QIBs) subscribed 2.51x. The retail segment remained undersubscribed at 0.27x.

Category

Subscription Times

Qualified Institutions (QIB)

2.51x

Non-Institutional Investors (NII)

2.59x

Retail Individual Investors (RII)

0.27x

Total

1.12x

Rajputana Stainless Limited IPO Allotment Details (Updated)

  • IPO Open Date: Monday, March 9, 2026

  • IPO Close Date: Wednesday, March 11, 2026

  • Bid Withdrawal Window: March 12, 13, and 16, 2026

  • New Allotment Date: Tuesday, March 17, 2026

  • Initiation of Refunds: Wednesday, March 18, 2026

  • Credit of Shares to Demat: Wednesday, March 18, 2026

  • New Listing Date: Thursday, March 19, 2026

The Rajputana Stainless IPO has a total issue size of Rs. 254.98 crore, comprising a fresh issue of Rs. 178.73 crore and an Offer for Sale (OFS) of Rs. 76.25 crore. The issue price is fixed at Rs. 122 per share, with a minimum lot size of 110 shares, requiring an investment of Rs. 13,420 for retail investors.

Rajputana Stainless Limited IPO GMP

According to the latest market data from InvestorGain and other sources, the Grey Market Premium (GMP) for Rajputana Stainless IPO is approximately Rs. 1.50. This indicates a projected listing price of Rs. 123.50, representing a modest gain of about 1.23% over the issue price.

Company Overview of Rajputana Stainless

Rajputana Stainless Limited is a Gujarat-based manufacturer of stainless-steel long and flat products. Established in 1991, the company produces billets, forging ingots, bright bars, and black bars under the brand "RSL". Serving over 80 grades of stainless steel, their products are used in industries such as oil & gas, automotive, and aerospace. The company is currently expanding its facilities in Panchmahal to include the production of stainless steel seamless pipes.

Quick Steps to Invest in IPOs with Rupeezy

  • Step 1: Download the Rupeezy App

  • Step 2: Register and Complete Verification

  • Step 3: Open the app and navigate to the IPO Section

  • Step 4: Select “Rajputana Stainless IPO”

  • Step 5: Click on Apply

FAQs:

Q: When is the revised Rajputana Stainless IPO allotment date following the SEBI delay?
A: The Rajputana Stainless IPO allotment is now expected to be finalized on Tuesday, March 17, 2026.

Q: Where can I check my Rajputana Stainless IPO allotment status online?
A: You can check the status on the Kfin Technologies Limited registrar website or the official BSE and NSE portals.

Q: What information is required to check the Rajputana Stainless IPO allotment status?
A: You need to enter your PAN number, Application number, or DP Client ID to access your allotment details.

Q: What is the last date to withdraw my Rajputana Stainless IPO bid?
A: Investors have the option to withdraw their applications until Monday, March 16, 2026 (5 PM).

Q: When will the Rajputana Stainless IPO refund initiation process begin?
A: The initiation of refunds and unblocking of funds for non-allotted shares will start on Wednesday, March 18, 2026.

Q: How will I know if I have received the Rajputana Stainless IPO allotment?
A: You will receive an SMS or email notification from your bank and the registrar, and shares will be credited to your demat account by March 18, 2026.

Disclaimer:
The GMP (Grey Market Premium) numbers mentioned above are unverified and based on media reports, not the official price. It is provided for informational purposes only. Investors should conduct their own research and consider all relevant factors before making any investment decisions. Rupeezy is not associated with this price and has not participated in any GMP-related trades or deals. We do not recommend trading based on this information.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Rupeezy (SEBI RA Registration: INH000013332) provides this content for informational purposes; any securities quoted are for educational display and not as a recommendation. All charts and graphs are based on independent research and reliable sources for the period mentioned within the specific data set. Sometimes we take graphs from external sources. This communication does not promise or assure any fixed, guaranteed, or indicative returns to any client. For our complete registered office address, Member ID, and full SEBI registration details, please refer to our official website.

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