Rajputana Stainless IPO Day 1: 0.30x Subscribed & GMP Rs. 2.5

Gujarat-based stainless steel products manufacturer Rajputana Stainless Limited’s IPO opened today. A book-build issue of Rs. 254.98 crores, comprising a fresh issue of 1.47 crore shares amounting to Rs. 178.73 crores, as well as an offer for sale (OFS) of 63 lakh shares worth Rs. 76.25 crores.