07 Mar 2026 | 5 Mins Read
Rajputana Stainless raises Rs 10 crore through anchor investor ahead of IPO
Flipitmoney
Rajputana Stainless raised Rs 10 crore from anchor investor Shine Star Build Cap at the upper IPO price band of Rs 122 per share. The company is raising Rs 254.98 crore via 2.09 lakh shares. IPO proceeds will be used for factory expansion, repaying outstanding borrowings, and general corporate purposes. It will open on March 9 and close on March 11, with a price band of Rs 116-122 per share.