Rajputana Stainless IPO Opens March 9 with Price Band of Rs 116-122 Per Share

Rajputana Stainless has set its IPO price band between Rs 116 and Rs 122 per share, with subscription opening on March 9 and closing on March 11, 2026. The IPO, totaling Rs 255 crore, includes a fresh issue and an offer for sale, with shares allocated among qualified institutional buyers, non-institutional investors, and retail investors. Proceeds will fund expansion, including a new manufacturing facility for stainless steel seamless pipes, debt repayment, and general corporate purposes. Listing on BSE and NSE is expected on March 16, 2026.