Rajputana Stainless’s IPO opens for subscription. Grey market signals suggest modest listing gains. The company aims to raise Rs 255 crore for expansion and debt repayment. Financials show steady profitability. Industry prospects are supportive, but challenges like raw material price volatility exist. Brokerages recommend subscribing for long-term investment, citing the company’s manufacturing setup and financial performance.
Source :- Markets-Economic Times Read More
