New Delhi, March 9 -- The initial public offering (IPO) of Rajputana Stainless Ltd has opened today and will remain open until 11 March 2026. The company has announced the Rajputana Stainless IPO price band of Rs.116 to Rs.122 per share. The company promoters aim to raise Rs.255 crore, out of which Rs.76 crore is reserved for the Offer for Sale (OFS). The remaining Rs.179 crore is to be raised through the issuance of fresh shares. The Rajputana Stainless IPO lot size comprises 110 company shares.

Meanwhile, shares of the company are available in the grey market ahead of the public issue opening. According to market observers, the company's shares are trading at a premium of Rs.2 in the grey market today. This means Rajputana Stainless IP...