Rajputana Stainless IPO – Subscription Status, Dates, and How to Apply

Explore how Rajputana Stainless Ltd.’s IPO performed during its subscription period, including investor participation on the first day, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.

The Rajputana Stainless Ltd. IPO opened for subscription on March 9, 2026, introducing the stainless steel manufacturing company to the primary market. The issue aims to raise ₹254.98 Crores through a book-built offering comprising a fresh issue and an offer for sale.

With operations in the stainless steel products segment, the IPO activity is being monitored by market participants tracking the metals and manufacturing sector. The shares are being offered within a price band of ₹116 to ₹122 per share.

Investors can apply for the Rajputana Stainless Ltd. IPO through either the ASBA facility via net banking or UPI through broker platforms.

Through ASBA (Net Banking)

This is a convenient and secure method where your application amount stays blocked until shares are allotted.

1. Log in to your internet banking account.
   

2. Go to the ‘Investments’ or ‘IPO Application’ section.
   

3. Select ‘Rajputana Stainless Ltd. IPO’ from the available list.
   

4. Enter your preferred bid quantity and price.
   

5. Confirm and submit your application.
   

6. The bid amount will remain blocked in your account until allotment.
   

7. Upon allotment, the amount will be debited, and shares credited to your Demat account.

Through UPI via Broker Platforms

You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.

1. Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
   

2. Navigate to the IPO section and select ‘Rajputana Stainless Ltd. IPO’.
   

3. Enter your application details including number of lots and price.
   

4. Provide your UPI ID linked to your bank account.
   

5. Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
   

6. Funds will be debited only upon share allotment.
   

7. Once allotted, shares will be credited directly to your Demat account.

You can check Upcoming Ipo’s Here : Upcoming Ipo

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

• LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
  

• Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
  

• Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
  

• NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
  

• Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner