Rajputana Biodiesel IPO
Rajputana Biodiesel is an NSE SME IPO listed on the NSE SME platform, priced at ₹123–₹130 per share. The stock debuted at ₹247, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,30,000.
Rajputana Biodiesel Limited IPO
- IPO Dates
- Nov 26, 2024 – Nov 28, 2024
- Price band
- ₹123-130 per equity share
- Minimum Investment
- ₹1,30,000
- Issue size
- ₹24.7 Cr
- Lot size
- 1000
- Allotment Date
- Nov 29, 2024
- Listing
- Dec 3, 2024
- Listing At
- NSE SME
IPO timeline
-
Nov 26, 2024
Open Date
Completed
-
Nov 28, 2024
Close Date
Completed
-
Nov 29, 2024
Allotment Date
Completed
-
Dec 3, 2024
Listing Date
Completed
Rajputana Biodiesel IPO Essentials
Rajputana Biodiesel IPO Details
Rajputana Biodiesel IPO is priced at ₹123-130 per share with a total issue size of 24.7 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹123-130 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,900,000 shares(aggregating up to ₹24.70 Cr)
- Total issue size
- 19,00,000 shares
(aggregating up to ₹24.7 crore) - Fresh issue
- 19,00,000 shares
(aggregating up to ₹24.7 crore) - Listing at
- NSE SME
- List price
- 247.0
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
GYR Capital Advisors 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 reservation details show category-wise allocation of shares. Out of the total 19,00,000 shares, approximately 18.16% are reserved for QIB, 14.21% for NII, 33.11% for retail investors, 7.42% for market maker, and 27.11% for 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 Analytics
Rajputana Biodiesel IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rajputana Biodiesel IPO Subscription Status
Rajputana Biodiesel IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹8.81/-
- EPS Post IPO
- ₹11.07/-
- P/E Pre IPO
- 14.75
- P/E Post IPO
- 11.74
Returns
- ROCE
- 11.00%
- RoNW
- 16.49%
- PAT Margin
- 9.71
Fundamentals
- Debt / Equity
- 1.26
- Price / Book
- 4.24
Rajputana Biodiesel Financials( In Lakhs)
| 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 |
Rajputana Biodiesel Company & Offer Insights
About Rajputana Biodiesel
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 are the company's promoters of Rajputana Biodiesel.
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 Information
Contact Details
Rajputana Biodiesel
+91- 9509222333
https://rajputanabiodiesel.com/
Jaipuria Mansion Panch Batti, M.I. Road, Jaipur - 302001
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Rajputana Biodiesel IPO is a book-built IPO worth ₹24.7 crore. The price band is ₹123–₹130 per share. The IPO opens on Nov 26, 2024 and closes on Nov 28, 2024. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The price band of Rajputana Biodiesel IPO is ₹123 to ₹130 per share.
The lot size of Rajputana Biodiesel IPO is 1000 shares.
The minimum investment for Rajputana Biodiesel IPO is approximately ₹1,30,000 based on the upper price band .
Rajputana Biodiesel IPO opens on Nov 26, 2024 and closes on Nov 28, 2024.
The allotment date of Rajputana Biodiesel IPO is Nov 29, 2024.
Rajputana Biodiesel IPO is expected to be listed on Dec 3, 2024, on NSE SME Platform.
Rajputana Biodiesel IPO valuation snapshot: P/E 11.74, EPS ₹11.07/-, P/B 4.24, RoNW 16.49%, and market cap N/A.
To apply for Rajputana Biodiesel IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rajputana Biodiesel IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rajputana Biodiesel IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rajputana Biodiesel IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rajputana Biodiesel IPO allotment status on IPO Ji for quick and easy access.