
Manufacturing / Capital Goods · NSE
Rajputana Industries manufactures a diverse range of non-ferrous metal products using Copper, Aluminium, Brass, and various alloys sourced from recycled scrap metal. The scrap is processed into billets at its in-house facility in Reengus, Sikar, Rajasthan, which are either sold to other manufacturers or further converted into Copper and Aluminium rods, Copper mother tubes, Brass wires, super-enameled copper conductors, and related products. The company produces rods, wires, tubes, bars, billets, and strips in various shapes and sizes to meet customized industry requirements. With an annual installed capacity of 9,860 MT as of March 31, 2023, and equipped with advanced machinery and an in-house quality testing lab, Rajputana Industries ensures high-quality output across its entire product portfolio.
Price Band
₹36 – ₹38
Issue Size
₹23.88 Cr
Lot Size
3000 shares
GMP
+118.4%
Est. Listing
₹83
at current GMP
Subscribed
376.49x
overall
Open
30 Jul 2024
Close
1 Aug 2024
Allotment
2 Aug 2024
Refund
3 Aug 2024
Demat Credit
4 Aug 2024
Listing
6 Aug 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
2 Aug 2024
Basis finalization
Refunds Initiate
3 Aug 2024
Mandate release
Demat Credit
4 Aug 2024
Shares in demat
Listing Debut
6 Aug 2024
Trading begins
RAJPUTANA INDUSTRIES LIMITED is bringing an initial public offering (IPO) in the Manufacturing / Capital Goods sector with an aggregate issue size of ₹23.88 Crores. The shares are offered at a price band of ₹36 to ₹38 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-08-01, the basis of allotment is scheduled to be finalized on 2024-08-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.