The Rajputana Stainless IPO has been subscribed 1.12 times overall as of day 3. The retail portion has been subscribed 0.27 times, QIBs [Ex Anchor] 2.51 times, and NIIs 2.59 times. The subscription trend will be updated until the issue closes on March 11, 2026.
Rajputana Stainless IPO of 2,09,00,000 equity shares of the face value of ₹10 aggregating up to ₹256.98 Crores. The IPO issue priced at ₹116 to ₹122 per share. The IPO will open on March 09, 2026 and will close on March 11, 2026.
Rajputana Stainless IPO Subscription Closed [Day 3]
March 11, 2026 at 06:59:00 PM
| Category | Share Offerd | Share Bid For | Subscribed |
|---|---|---|---|
| QIB [Ex Anchor] | 20,90,000 | 52,39,630 | 2.51x |
| NII | 56,43,000 | 1,46,40,340 | 2.59x |
| bNII [>10L] | 37,62,000 | 1,40,63,060 | 3.74x |
| sNII [<10L] | 18,81,000 | 5,77,280 | 0.31x |
| RII | 1,31,67,000 | 35,39,580 | 0.27x |
| Total | 2,09,00,000 | 2,34,19,550 | 1.12x |
Read Also: Rajputana Stainless IPO GMP
Rajputana Stainless IPO Day Wise Subscription Data
Rajputana Stainless IPO Subscription data is automatically saved by day when the subscription expires after 6:00 pm in the table below.
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB [Ex Anchor] | 0.99x | 0.99x | 2.51x |
| NII | 0.65x | 0.94x | 2.59x |
| RII | 0.04x | 0.11x | 0.27x |
| Total | 0.30x | 0.42x | 1.12x |
Rajputana Stainless IPO [Share Offerd]
| Category | Shares | Ammount |
|---|---|---|
| QIB | 1,04,50,000 | ₹127.49 Cr. |
| NII | 31,35,000 | ₹38.25 Cr. |
| RII | 73,15,000 | ₹89.24 Cr. |
| Total | 2,09,00,000 | ₹254.98 Cr. |
Types of Rajputana Stainless IPO Subscription
There are mainly three categories of subscription for Rajputana Stainless IPO, which are determined based on the type of investor applying:
- Retail Investors (RI):
- Retail Investors are individual investors who apply for the Rajputana Stainless IPO shares for their personal accounts, typically in amounts that do not exceed a specified limit (usually ₹2 lakh).
- This category is highly important for IPOs, as retail investors often comprise a significant portion of the total demand.
- If the Rajputana Stainless IPO is oversubscribed in this category, the allotment is done via a lottery system, where each retail investor has an equal chance of receiving shares.
- Qualified Institutional Buyers (QIBs):
- QIBs are institutional investors such as mutual funds, insurance companies, and pension funds. They are typically large entities with significant capital to invest in the Rajputana Stainless IPO.
- The QIB category often gets a significant portion of the overall offering, and it’s considered a critical factor for the success of the Rajputana Stainless IPO.
- The subscription rate for QIBs is usually higher than for retail investors, and they generally receive priority in allotment.
- Non-Institutional Investors (NIIs):
- NIIs include high-net-worth individuals (HNIs) or corporates that apply for Rajputana Stainless IPO shares in larger quantities, typically exceeding ₹2 lakh.
- Like QIBs, the NII category is a significant driver of an IPO’s success, especially if the retail category is under-subscribed.
- They are generally allocated shares after the retail and QIB categories have been allotted, and sometimes the shares allotted to this category may be on a pro-rata basis if there is oversubscription.
Rajputana Stainless IPO Subscription Status FAQs
What is the subscription status of Rajputana Stainless IPO today?
As of Day 3, Rajputana Stainless IPO has been subscribed 1.12x overall.
When does the subscription for Rajputana Stainless IPO open and close?
The subscription period for Rajputana Stainless IPO opens on March 09, 2026 and closes on March 11, 2026, between 10:00 AM to 5:00 PM on working days.
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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