India, March 19 -- The stock was listed at Rs 123.95, reflecting a premium of 1.60% to the issue price. So far, the stock has hit a high of Rs 123.95 and a low of Rs 111.25. On the BSE, over 2.84 lakh shares of the company were traded in the counter so far.

Rajputana Stainless (RSL) received bids for 2,34,19,550 shares as against 2,09,00,000 shares on offer. The issue was subscribed 1.12 times. The issue opened for bidding on 9 March 2026, and closed on 11 March 2026. The price band of the IPO was fixed between Rs 116 and 122 per share.

The Rs 254.98 crore IPO comprised a fresh issue of 1,46,50,000 equity shares to raise Rs 178.73 crore and an offer for sale (OFS) of up to 62,50,000 equity shares worth up to Rs 76.25 crore at higher pri...