Key Highlights
- 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.
- The Rajputana Stainless IPO lot size is 110 equity shares and in multiples of 110 equity shares thereafter.
- Rajputana Stainless IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
- Tentatively, Rajputana Stainless IPO basis of allotment of shares will be finalised on Thursday, March 12 and the company will initiate refunds on Friday, March 13, while the shares will be credited to the demat account of allottees on the same day following refund.
- Rajputana Stainless share price is likely to be listed on BSE and NSE on Monday, March 16.
