India's Rajputana Stainless falls in trading debut

Rajputana Stainless

19/03/2026 05:27

** Shares of Rajputana Stainless RJPS.NS down 6.3% to 114.4 rupees in debut trade

** The stainless steel manufacturer opened at 122 rupees on NSE vs issue price of 122 rupees

** Co's total market cap is 9.61 bln rupees ($103 mln), according to exchange website

** IPO included a fresh issue of 14.7 mln shares, offer for sale of 6.3 mln shares;  subscribed 1.12 times

($1 = 93.2880 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))