Rajputana Stainless IPO Subscription
ListedUpdated 20 March 2026, 9:15 AM IST· Mainboard
Rajputana Stainless IPO subscription closed on 11 March 2026 at 1.12x overall by shares. QIB demand came in at 2.51x, NII at 2.59x, and retail at 0.27x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 17 March 2026. Listing date on NSE and BSE is 20 March 2026.
Rajputana Stainless IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 9 Mar 2026 | 0.99x | 0.65x | 0.04x | 0.30x |
| Day 2 - 10 Mar 2026 | 0.99x | 0.94x | 0.11x | 0.42x |
| Day 3 - 11 Mar 2026 | 2.51x | 2.59x | 0.27x | 1.12x |
Rajputana Stainless IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Rajputana Stainless IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 0.19x | Very high |
| SHNI (Rs 2L to Rs 10L) | 0.25x | Very high |
| BHNI (above Rs 10L) | 0.48x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Rajputana Stainless IPO Allotment Status page from 17 March 2026 for your result.
Rajputana Stainless IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 122.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 25.50 Cr | Rs 63.92 Cr | 2.51x |
| FII | - | Rs 43.81 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 20.12 Cr | - |
| NII | Rs 68.84 Cr | Rs 178.61 Cr | 2.59x |
| bNII (above Rs 10L) | Rs 45.90 Cr | Rs 171.57 Cr | 3.74x |
| Corporate | - | Rs 5.27 Cr | - |
| Individual | - | Rs 152.25 Cr | - |
| Other | - | Rs 14.05 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 22.95 Cr | Rs 7.04 Cr | 0.31x |
| Corporate | - | Rs 4.56 L | - |
| Individual | - | Rs 6.74 Cr | - |
| Other | - | Rs 26.03 L | - |
| Retail | Rs 160.64 Cr | Rs 43.18 Cr | 0.27x |
| Cut-off price | - | Rs 34.46 Cr | - |
| Fixed price | - | Rs 8.73 Cr | - |
| Total | Rs 254.98 Cr | Rs 285.72 Cr | 1.12x |
Rajputana Stainless IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 20,90,000 | 20 | 0.00x |
| FII | - | 9 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 11 | - |
| NII | 3,420 | 1,381 | 0.40x |
| bNII (above Rs 10L) | 2,280 | 1,093 | 0.48x |
| Corporate | - | 9 | - |
| Individual | - | 1,021 | - |
| Other | - | 63 | - |
| sNII (Rs 2L to Rs 10L) | 1,140 | 288 | 0.25x |
| Corporate | - | 2 | - |
| Individual | - | 275 | - |
| Other | - | 11 | - |
| Retail | 1,19,700 | 22,779 | 0.19x |
| Cut-off price | - | 18,729 | - |
| Fixed price | - | 4,050 | - |
| Total | 22,13,120 | 24,180 | 0.01x |
What Do These Subscription Numbers Mean?
1.12x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 2.51x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.40x by applications). Split: SHNI 0.25x, BHNI 0.48x by applications. SHNI and BHNI allotment is by lottery.
null Retail allotment is also by lottery.
Rajputana Stainless IPO GMP After Subscription
GMP for Rajputana Stainless IPO stands at Rs 3.00 today, giving an estimated listing price of Rs 125.00 per share.
A subscription of 1.12x combined with a GMP of 2.46% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Rajputana Stainless IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Rajputana Stainless IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 9 March 2026 |
| IPO Close Date | 11 March 2026 |
| Allotment Date | 17 March 2026 |
| Refund Initiation | 18 March 2026 |
| Share Credit to Demat | 18 March 2026 |
| Listing Date | 20 March 2026 |
| Minimum Investment | Rs 13,420.00 |
| Lot Size | 110 shares |
About Rajputana Stainless IPO
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Rajputana Stainless IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Rajputana Stainless IPO Details
Issue size, price, financials, and company info
Rajputana Stainless IPO GMP
Live grey market premium and listing estimate
Rajputana Stainless IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Rajputana Stainless IPO Allotment
Allotment date, chances, and check by PAN
Rajputana Stainless IPO Review
SWOT, strengths, risks, and IPO review
Rajputana Stainless IPO FAQ
Common questions on dates, GMP, and allotment
Rajputana Stainless IPO Registrar
Registrar website and how to check allotment
Rajputana Stainless IPO Timeline
Open, close, allotment, and listing dates
Rajputana Stainless IPO News
Updates, blogs, and latest IPO news
Rajputana Stainless IPO Subscription FAQs
What is Rajputana Stainless IPO subscription status today?
Rajputana Stainless IPO subscription closed on 11 March 2026 with overall subscription of 1.12x (by shares) as of 25 August 2026, 9:47 AM IST. QIB 2.51x, NII 0.40x, Retail 0.19x.
What is the overall subscription of Rajputana Stainless IPO?
Rajputana Stainless IPO is subscribed 1.12x overall by shares at close on 11 March 2026. QIB 2.51x, NII 0.40x, and Retail 0.19x.
What is Rajputana Stainless IPO QIB subscription?
Rajputana Stainless IPO QIB (Qualified Institutional Buyers) subscription is 2.51x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Rajputana Stainless IPO Retail subscription?
Rajputana Stainless IPO Retail subscription is 0.19x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Rajputana Stainless IPO NII, SHNI, and BHNI subscription?
Rajputana Stainless IPO NII subscription is 0.40x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.25x and BHNI (above Rs 10L) at 0.48x.
What are Rajputana Stainless IPO retail allotment chances?
Rajputana Stainless IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Rajputana Stainless IPO SHNI allotment chances?
Rajputana Stainless IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Rajputana Stainless IPO BHNI allotment chances?
Rajputana Stainless IPO BHNI share subscription is 3.74x. Application data is needed for exact lottery chances.
When is Rajputana Stainless IPO allotment date?
Rajputana Stainless IPO allotment date is 17 March 2026. Check Rajputana Stainless IPO Allotment Status on IPOwiz from that day using your PAN.
When does Rajputana Stainless IPO subscription close?
Rajputana Stainless IPO subscription closed on 11 March 2026. No new applications are accepted after the close.
What is Rajputana Stainless IPO GMP today?
Rajputana Stainless IPO GMP is ₹3 today (+2.46% over issue price ₹122). See live GMP on the Rajputana Stainless IPO GMP Today page.
What is Rajputana Stainless IPO issue price and lot size?
Rajputana Stainless IPO issue price is ₹122 per share. Lot size is 110 shares. Minimum investment is ₹13,420 per lot. Issue size: ₹254.98 Cr.
When is Rajputana Stainless IPO listing date?
Rajputana Stainless IPO listing date is 20 March 2026 on NSE and BSE. Allotment is on 17 March 2026.
How does subscription affect Rajputana Stainless IPO allotment?
In Rajputana Stainless IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.12x overall, competition is moderate.
For allotment results from 17 March 2026, visit the Rajputana Stainless IPO Allotment Status page. For listing day updates on 20 March 2026, download the IPOwiz App.
Sources
We match Rajputana Stainless IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.