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Rajputana Stainless Ltd

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-26 122.00-0.00 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 122.00  

Project

  • Funding capital expenditure requirements in relation to the setting up of the proposed facility
  • Full or part repayment and/or prepayment of certain outstanding borrowings availed by its Company
  • Full or part of repayment and /or prepayment of certain outstanding secured borrowings availed by the company
  • General corporate purposes

Promoted By

Shankarlal Deepchand Mehta

Babulal D Mehta

Jayesh Natvarlal Pithva

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd