IPO

Rajputana Biodiesel Limited IPO

NSE SME

Listed On: Dec 3, 2024 at ₹ 247.0

₹ 130000 /1000 Shares

Check Allotment
Rajputana Biodiesel IPO Details

26 Nov, 2024

Open Date

28 Nov, 2024

Close Date

29 Nov, 2024

Allotment Date

03 Dec, 2024

Listing Date

Issue Price

₹123-130 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Maashitla Securities Private Limited

List Price

247.0

Listing Date

2024-12-03

Market Lot

1000 Shares (₹130,000/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

1,900,000 shares(aggregating up to ₹24.70 Cr)

Retail Portion

35%

Subscription

718.92 times

IPO Docs

DRHP RHP

Rajputana Biodiesel IPO Details


Rajputana Biodiesel Limited IPO is an SME IPO, priced at ₹123-130 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 19,00,000 equity shares, aggregating up to ₹24.7 crores..

The IPO bidding window is open from Nov 26, 2024 to Nov 28, 2024. The allotment is expected to be finalized on Nov 29, 2024, and the tentative listing date is Dec 3, 2024.

The minimum lot size for retail investors is 1000 shares, with a minimum investment of ₹1,30,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,60,000.

GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Giriraj Stock Broking Private Limited will act as the market maker for this issue.

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Rajputana Biodiesel IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved345,000 / 270,000629,0001,244,000
Day 1 - 26-11-24 06:00 PM0.71 / 13.27 x32.56 x19.54 x
Day 2 - 27-11-24 06:00 PM1.54 / 64.37 x144.70 x87.56 x
Day 3 - 28-11-24 06:00 PM177.38 / 1346.49 x746.57 x718.92 x
Total No. of Applications: 5,12,724 (Approx)

Rajputana Biodiesel Valuations

EPS Pre IPO

₹8.81/-

EPS Post IPO

₹11.07/-

P/E Pre IPO

14.75

P/E Post IPO

11.74

ROCE

11.00%

Debt/Equity

1.26

RoNW

16.49%

PAT Margin

9.71

Price to Book Value

4.24

Rajputana Biodiesel Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets3,995.161,515.691,071.47
Revenue5,367.512,354.061,746.07
Profit After Tax452.43168.8319.97
Net Worth1,314.22454.99-128.92
Reserves & Surplus800.87-7.01-131.42
Total Borrowing1,914.19887.121,093.61

About The Company

Established in the year 2016, Rajputana Biodiesel Limited manufactures and sells biofuels and their derivative products that include glycerine and fatty acids.

Its manufacturing unit exists at G24 RIICO Industrial Area, Phulera, Rajasthan 303338 in the built-up area of 4,000 square meters. The company holds an approved production capacity of 30 kiloliters per day (kl/pd), while the installed production capacity at the facility is 24 kiloliters per day (kl/pd). The.

Rajputana Biodiesel has Bio-Diesel, Crude Glycerin, Castic Potash Flakes, Waste Sludge, Used Cooking Oil, Esteried Fatty Acid, Methanol, Citric Acid, Refined Rice Oil, Crude Sunflower Oil, Sodium Methoxide, RBD Palm Sterin, Job Work: semi-refining of glycerine for other manufacturers, and Fats in its product range.

As of July 31, 2024, the company had 30 permanent employees.

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Rajputana Biodiesel - Promoter(s)

Pre Issue Share Holding: 90%

Post Issue Share Holding: 65.68%

Company Promoter(s)
  1. Mr. Sarthak Soni
  2. Mr. Tanay Attar
  3. Mr. Sudeep Soni
  4. Mrs. Madhuri Surana

Rajputana Biodiesel IPO - Issue Objectives

  1. Loan to the Subsidiary, Nirvaanraj Energy Private Limited at H No - 576, Sheel Kunj Ph - II, Roorkee Road, Dist. - Meerut, Meerut, Uttar Pradesh, India, 250001 (NEPL) for capital expenditure requirements towards the expansion of existing manufacturing facility (the Project)
  2. Funding working capital requirements of the company
  3. General Corporate purposes.

Other Details

Company Contact Details

Rajputana Biodiesel

Jaipuria Mansion Panch Batti, M.I. Road, Jaipur - 302001

Phone: +91- 9509222333

Email: cs@rajputanabiodiesel.com

Website: https://rajputanabiodiesel.com/

Registrar Contact Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: Investor.ipo@maashitla.com

Website: https://maashitla.com/allotment-status/public-issues

Rajputana Biodiesel IPO - FAQs

Ans. Rajputana Biodiesel Limited IPO is a SME IPO. The issue is priced at ₹123-130 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Nov 26, 2024, and closes on Nov 28, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rajputana Biodiesel Limited IPO opens on Nov 26, 2024 and closes on Nov 28, 2024.

Ans. The size of Rajputana Biodiesel Limited IPO is 1,900,000 shares(aggregating up to ₹24.70 Cr).

Ans. The IPO price band is set between ₹123-130 per equity share.

Ans. To apply for Rajputana Biodiesel Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Rajputana Biodiesel Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Rajputana Biodiesel Limited IPO is Nov 29, 2024.

Ans. The Rajputana Biodiesel Limited IPO will be listed on Dec 3, 2024.

Ans. Follow the steps to check the allotment status for Rajputana Biodiesel Limited IPO here.