All Posts
IPO Analysis

Rajputana Stainless IPO GMP Today: +2.46% | Analysis & Score

Rajputana Stainless IPO GMP is +2.46% as of 20 March 2026. Read our analysis covering grey market premium, subscription status, composite score (3.6/10), and whether you should apply.

20 March 2026

Rajputana Stainless IPO Overview

DetailValue
Issue Price₹122
GMP+₹3
GMP %+2.46%
Estimated Listing₹125
Subscription1.12x
Lot Size110 shares
IPO Size₹254.98 Cr
CategoryIPO
Open Date9-Mar
Close Date11-Mar
Listing Date19-Mar
SentimentNeutral

Staqq Score: 3.6/10 (Weak)

Our composite score evaluates this IPO across four key dimensions:

  • GMP Signal: 4.2/10 (35% weight)
  • Subscription Strength: 3.1/10 (30% weight)
  • Company Quality: 2.0/10 (20% weight)
  • Issue Size Signal: 5.1/10 (15% weight)

Confidence: high

GMP Analysis

The GMP for Rajputana Stainless is currently at +₹3 (+2.46%), which is a modest premium. The market sentiment is neutral to slightly positive. This suggests the IPO may list near or slightly above the issue price of ₹122.

Subscription Status

Rajputana Stainless is 1.12x subscribed so far. While the IPO is fully subscribed, the oversubscription is moderate. This usually means most retail applicants will get allotment, and listing gains may be modest.

Should You Apply?

Caution is warranted here. The data shows below-average signals on key metrics. Unless you have strong conviction about the company fundamentals, it might be worth sitting this one out.


Last updated: 20 March 2026. GMP and subscription data change frequently. Check the Rajputana Stainless IPO page for the latest numbers.

Data sourced from grey market dealers and exchange filings. GMP is an unofficial indicator and should not be the sole basis for investment decisions.