IPO

IPO Synopsis

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 up to 2,09,00,000 equity shares of face value of Rs10/- each ("Equity Shares") of Rajputana Stainless Limited ("The Company" or the "Issuer") for cash at a price of Rs122.00 per equity share (Including a Securities Premium of Rs112.00 per Equity Share) ("Offer Price") aggregating up to Rs254.98 crores comprising a fresh issue of up to 1,46,50,000 equity shares of face value of Rs10/- each aggregating up to Rs178.73 crores by the company ("Fresh Issue") and an offer for sale of up to 62,50,000 equity shares of face value of Rs10/- each aggregating up to Rs76.25 crores ("Offered Shares") by Shankarlal Deepchand Mehta (The "Selling Shareholder" or "Promoter Selling Shareholder"), ("Offer for Sale", together with the fresh issue, the "Offer"). The offer will constitute [*] % of the post-offer paid-up equity share capital of its company. Price Band: Rs116 to Rs122 per equity share of face value of Rs10/- each. The floor price is 11.60 times of the face value of the equity shares and the cap 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 Rs10/- each and in multiples of 110 equity shares of face value of Rs10/- each thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Mar-26 11-Mar-26 Rs 116.00-122.00 Rs 0.00-0.00
Minimum Application for shares in Nos :110  Further Multiples of :110
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Nirbhay Capital Services Pvt Ltd
Project Financed through Current Offer 242.44
Post Issue Equity Share Capital 89.82
Issue Price Rs 116.00
Projects
Funding capital expenditure requirements in relation to the setting up of the proposed facility Full or part of repayment and /or prepayment of certain outstanding secured borrowings availed by the company
Funding working capital requirement of the proposed facility General corporate purposes
Promoted By Listing At Registrar to the Issue
  Shankarlal Deepchand Mehta
  Babulal D Mehta
  Jayesh Natvarlal Pithva
 BSE
 NSE
No Data Found.

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