Rajputana Stainless IPO Day 3: GMP, subscription status, and key details
Analysis of this story by et_markets · 11 Mar 2026, 9:05 AM IST (about 2 months ago)
AI Analysis
IPO market sentiment can be gauged by subscription levels and GMP. A lukewarm response often indicates limited upside potential post-listing.
Trading Insight
Cautious approach for IPO investors; avoid aggressive bids if listing gains are the primary objective.
Quick check: TATASTEEL neutral (+2.1% 1d), HINDALCO bullish bias (+1.5% 1d).
Key Evidence
- •Rajputana Stainless IPO is a ₹255 crore issue.
- •The IPO was subscribed 42% by the second day.
- •Subscription was mainly led by institutional investors.
- •Modest grey market interest and mixed investor demand are noted.
- •Risk flag: Lower than expected listing price
Sectors:metals
Sources and updates
Original source: et_markets
Published: 11 Mar 2026, 9:05 AM IST
Last updated on Anadi News: 11 Mar 2026, 9:22 AM IST
AI-powered analysis by
Anadi Algo News