Rajputana Biodiesel Limited IPO
NSE SMEListed On: Dec 3, 2024 at ₹ 247.0
₹ 260000 /2000 Shares
*Min Investment
26 Nov, 2024
Open Date28 Nov, 2024
Close Date29 Nov, 2024
Allotment Date03 Dec, 2024
Listing DateRajputana Biodiesel IPO Issue Details
- Issue Price ₹123-130 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 19,00,000 shares(aggregating up to ₹24.7 crore)
- Fresh Share 19,00,000 shares(aggregating up to ₹24.7 crore)
- Listing at NSE SME
- List Price 247.0
- Listing Date 2024-12-03
- Lead Manager GYR Capital Advisors Private Limited
- Registrar Maashitla Securities Private Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,30,000 |
| Retail(max) | 1 | 1000 | ₹1,30,000 |
| NII (min) | 2 | 2000 | ₹2,60,000 |
Rajputana Biodiesel IPO Reservation
Rajputana Biodiesel IPO offers total 19,00,000 shares. Out of which 3,45,000 (18.16%) allocated to QIB, 2,70,000 (14.21%) allocated to NII,6,29,000 (33.11%) allocated to RII, NA (NA%) allocated to employees and 5,15,000 (27.11%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 5,15,000 (27.11%) | |
| Market Maker Shares Offered | 1,41,000 (7.42%) | |
| QIB Shares Offered | 3,45,000 (18.16%) | |
| NII (HNI) Shares Offered | 2,70,000 (14.21%) | |
| Retail Shares Offered | 6,29,000 (33.11%) | |
| Total Shares Offered | 19,00,000 (100%) |
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.
Rajputana Biodiesel IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 345,000 / 270,000 | 629,000 | 1,244,000 |
Day 1 26-11-24 06:00 PM | 0.71 / 13.27 x | 32.56 x | 19.54 x |
Day 2 27-11-24 06:00 PM | 1.54 / 64.37 x | 144.70 x | 87.56 x |
Day 3 28-11-24 06:00 PM | 177.38 / 1346.49 x | 746.57 x | 718.92 x |
Rajputana Biodiesel Valuations
Rajputana Biodiesel Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 3,995.16 | 1,515.69 | 1,071.47 |
| Revenue | 5,367.51 | 2,354.06 | 1,746.07 |
| Profit After Tax | 452.43 | 168.83 | 19.97 |
| Net Worth | 1,314.22 | 454.99 | -128.92 |
| Reserves & Surplus | 800.87 | -7.01 | -131.42 |
| Total Borrowing | 1,914.19 | 887.12 | 1,093.61 |
About Rajputana Biodiesel 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.
Rajputana Biodiesel - Promoter(s)
Mr. Sarthak Soni
Mr. Tanay Attar
Mr. Sudeep Soni
Mrs. Madhuri Surana
Pre Issue Share Holding : 90%
Post Issue Share Holding : 65.68%
Rajputana Biodiesel IPO - Issue Objectives
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)
Funding working capital requirements of the company
General Corporate purposes.
Rajputana Biodiesel IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Rajputana Biodiesel Limited | 5.06 | 5.06 | 30.66 | N/A | 16.49 | 4.33 | Standalone |
| Kotyark Industries Limited | 17.36 | 17.36 | 150.06 | 51.41 | 11.56 | 6.63 | Standalone |
Notes:
- The P/E figures for the peers are based on closing market prices of equity shares on BSE and NSE on March 31, 2024, divided by the Basic EPS as of March 31, 2024.
- Basic and Diluted EPS refers to the Basic and Diluted EPS sourced from the Financial results for FY 23-24 listed peer companies.
- Return on Net Worth (%) for listed industry peers has been computed based on the Net Profit After Tax for the year ended March 31, 2024, divided by Total Equity as on March 31, 2024.
- NAV per share for listed peers is computed as the Total Equity as on March 31, 2024, divided by the outstanding number of equity shares as on March 31, 2024.
Contact Details
Rajputana Biodiesel
Jaipuria Mansion Panch Batti, M.I. Road, Jaipur - 302001
+91- 9509222333
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Rajputana Biodiesel Limited IPO is 1,900,000 shares(aggregating up to ₹24.70 Cr).
Ans. The Rajputana Biodiesel Limited IPO price band is set between ₹123-130 per equity share.
Ans. To apply for Rajputana Biodiesel Limited 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 Rajputana Biodiesel Limited IPO allotment status online.
