Rajputana Stainless IPO Allotment Status: Check on KFinTech, BSE & NSE

Md Salman Ashrafi Image

Md Salman Ashrafi

Last updated:
5 min read
Rajputana Stainless IPO Allotment Status: KFinTech, BSE, NSE
Table Of Contents
  • Important Dates
  • How to Check Rajputana Stainless IPO Allotment Status?
  • Rajputana Stainless IPO Subscription Details
  • Rajputana Stainless IPO GMP Update
  • What’s Next After Allotment?
  • Final Word

Rajputana Stainless IPO allotment is expected on 12 March 2026, while the tentative listing date is 16 March 2026. The issue saw a modest overall response of 1.12x by Day 3, with QIB and NII interest improving late, while retail participation stayed soft at 0.27x.

In this blog, you can quickly check your allotment status on BSE, NSE, and KFinTech. You will also get a simple look at the subscription trend, GMP movement, and what these signals may mean for listing day expectations.

Important Dates

  • Allotment Date: 12 March 2026
  • Refund Initiation: 13 March 2026
  • Demat Credit: 13 March 2026
  • Listing Date: 16 March 2026

How to Check Rajputana Stainless IPO Allotment Status?

Method 1: Check on BSE

  • Open the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check.aspx
  • Choose “Equity” as the issue type.
  • Select “Rajputana Stainless Limited” from the dropdown list.
  • Enter your application number or PAN, and the captcha code.
  • Click “Search” to view whether shares have been allotted to you.

Method 2: Check on NSE

Method 3: Check on Registrar (KFin Technologies)

  • Visit “KFin Technologies” public issues page: https://ipostatus.kfintech.com/
  • Choose “Rajputana Stainless Limited” from the dropdown.
  • Select the search option: PAN, DP ID/Client ID, or Application Number.
  • Click on “Submit” to view your detailed allotment status.

Rajputana Stainless IPO Subscription Details

DateQIB (Ex Anchor)NIIRetailTotal
Mar 9 (Day 1)0.99x0.65x0.04x0.3x
Mar 10 (Day 2)0.99x0.94x0.11x0.42x
Mar 11 (Day 3)2.51x2.59x0.27x1.12x

Source: chittorgarh.com

  • The trend was slow in the first two days, then improved on the final day, mainly because QIB and NII bids picked up strongly.
  • Allotment chances are naturally better when demand is lower, and the weak retail book suggests retail probability may be relatively less tight than in heavily oversubscribed IPOs.
  • Since retail subscription was only 0.27x, small retail investors did not face the kind of allotment pressure usually seen in very crowded IPOs.

Also Read: Rajputana Stainless IPO Review: Check GMP, Valuation, Strengths & Risks

Rajputana Stainless IPO GMP Update

Rajputana Stainless IPO GMP stayed quite muted through the issue period. It moved from ₹2 on 8 March to ₹2.5 on Day 1, dipped to ₹1 on Day 2, recovered to ₹1.5 on closing day, and then rose to ₹3 on allotment day, implying an expected listing gain of about 2.46% at that point. These numbers suggest sentiment was cautious but slightly better by allotment day.

Disclaimer: GMP is only an unofficial grey market signal, and it is unregulated and can change quickly, so it should not be treated as a certainty.

What’s Next After Allotment?

If shares are allotted

  • Your allotted shares will show on the allotment status page.
  • Shares are expected to be credited to your demat account on 13 March 2026.
  • If you applied for more lots than allotted, the extra blocked amount is refunded or unblocked as per the final allotment.
  • After that, investors usually wait for the listing day on 16 March 2026.

If shares are not allotted

  • Your refund should be initiated, or your UPI amount should be unblocked, on 13 March 2026.
  • You will not receive shares in your demat account.
  • If you still want to invest, you can consider buying the stock after listing.
  • Even in IPOs with moderate demand, allotment is never guaranteed, and oversubscription in any category can reduce the final chances.

For detailed information, visit Rajputana Stainless’s official IPO page at INDmoney.

Final Word

Rajputana Stainless IPO got a late push in subscription, but retail demand stayed quite soft, so the overall response looked balanced rather than very strong.

If you applied, the main things to track now are your allotment status, demat credit on 13 March, and whether the slightly improved GMP holds up near listing.

For more IPOs, check INDmoney’s IPO tracker here.

Disclaimer

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Please be informed that merely opening a trading and demat account will not guarantee investment in securities in the IPO. Investors are requested to do their own independent research and due diligence before investing in an IPO. Please read the SEBI-prescribed Combined Risk Disclosure Document prior to investing. This post is for general information and awareness purposes only and is nowhere to be considered as advice, recommendation, or solicitation of an offer to buy or sell, or subscribe for securities. INDstocks is acting as a distributor for non-broking products/services such as IPO, Mutual Fund, and Mutual Fund SIP. These are not exchange-traded products. All disputes with respect to the distribution activity would not have access to the Exchange investor redressal forum or the Arbitration mechanism. INDstocks Private Limited (formerly known as INDmoney Private Limited) does not provide any portfolio management services, nor is it an investment adviser. Logos above are the property of respective trademark owners, and by displaying them, INDstocks has no right, title, or interest in them. SEBI Stock Broking Registration No: INZ000305337, Trading and Clearing Member of NSE (90267, M70042) and BSE, BSE StarMF (6779), SEBI Depository Participant Reg. No. IN-DP-690-2022, Depository Participant ID: CDSL 12095500, Research Analyst Registration No. INH000018948 BSE RA Enlistment No. 6428.

Share: