Rajputana Industries Limited

Rajputana Industries Limited

SMEClosed

₹4,180(110 Shares)

Minimum Investment

IPO Dates

Jul 30, 2024 – Aug 1, 2024

Price Band

₹36–38 per equity share

Lot Size

110

Listing

Aug 6, 2024

Listing At

BSE, NSE

Jul 30, 2024Open DateCompleted
Aug 1, 2024Close DateCompleted
TBAAllotment DateUpcoming
Aug 6, 2024Listing DateCompleted

Rajputana Industries Limited Live Subscription Details

All IPOs
Retail0.27x
QIB2.51x
NIIs
2.59x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

0.31x

bHNI (> ₹10L)

Bids above ₹10L

3.74x

Overall Subscription

Total Bids Received

1.12x

Rajputana Industries Limited IPO Issue Details

Issue Price
₹116-122 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
1,46,50,000 shares(aggregating up to ₹178.73 crore)
Listing At
BSE, NSE
Listing Date
Aug 6, 2024
Registrar
Kfin Technologies Limited

Market Lot Details

CategoryLotsSharesAmount
sHNI (Min)151,650₹62,700
sHNI (Max)748,140₹3,09,320
bHNI (Min)758,250₹3,13,500

Reservation Details

NII27%

Shares Offered

56,43,000

QIB10%

Shares Offered

20,90,000

Company Information

Incorporated in 1991, Rajputana Stainless Limited is engaged in manufacturing long and flat stainless-steel products.The company offers a range of stainless steel products, including billets, forging ...

Valuations

EPS (Pre-IPO)

5.78

EPS (Post-IPO)

5.84

P/E (Pre-IPO)

21.1

P/E (Post-IPO)

20.88

RoNW

26.23%

PAT Margin

4.28%

P/B Value

5.53

Market Cap

1019.53 Cr.

Financial Information (₹ in Crores)

MetricFY 25FY 25FY 24FY 23
Total Assets448.8420.36324.01297.34
Total Revenue502.77937.49915.5950.69
Profit After Tax24.4139.8531.6324.04
Net Worth176.65151.95112.2781.17

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding capital expenditure requirements for setting up of manufacturing facility for Stainless Steel Seamless Pipes to expand the product portfolio (Proposed Facility) - ₹18.57 Crores
  2. 2Full or part repayment and/or prepayment of certain outstanding secured borrowings availed by the Company - ₹98.00 Crores
  3. 3General corporate purposes

Rajputana Industries Limited – Promoter(s)

Shankarlal Deepch
Mehta
Babulal D Mehta
Jayesh Natvarlal Pithva
Yashkumar Shankarlal Mehta

Contact Details

Corporate Office

213, Madhwas, Halol Kalol Road, Kalol, Panchmahal Halol, Gujarat, 389330

+91 63 5816 4770

compliance@rajputanastainless.com

Visit Website

Rajputana Industries Limited Allotment & Registrar Details

Check Allotment

Kfin Technologies Limited

04067162222, 04079611000

rsl.ipo@kfintech.com

Visit Registrar Website

Rajputana Industries Limited IPO Documents

Frequently Asked Questions — Rajputana Industries Limited IPO

The Rajputana Industries Limited IPO price band is set at ₹36.00 to ₹38.00 per equity share.

The lot size for Rajputana Industries Limited IPO is 110 shares per lot. The minimum investment amount is approximately ₹4,180.

The Rajputana Industries Limited IPO opens on Jul 30, 2024 and closes on Aug 1, 2024.

Rajputana Industries Limited IPO is expected to be listed on Aug 6, 2024 on BSE, NSE.

The current GMP for Rajputana Industries Limited IPO is ₹0, suggesting an expected listing price of around ₹36.00. Note: GMP is an unofficial market indicator.

The registrar for Rajputana Industries Limited IPO is Kfin Technologies Limited. You can contact them at rsl.ipo@kfintech.com.

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