Rajputana Biodiesel IPO Details
| IPO Issue Open Date: | 26 November 2024 |
| IPO Issue Close Date: | 28 November 2024 |
| IPO Issue Price Band: | ₹125 to ₹130 per share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹24.70 Crores | 1,900,000 shares |
| Fresh Issue: | ₹24.70 Crores | 1,900,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Rajputana Biodiesel IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| DRHP Draft Prospectus: | Click Here |
Rajputana Biodiesel IPO Dates Timeline
| Issue Open Date: | 26 November 2024 |
| Issue Close Date: | 28 November 2024 |
| Basis of Allotment Date: | 29 November 2024 |
| Refunds Initiation: | 29 November 2024 |
| Shares Credit in Demat: | 2 December 2024 |
| IPO Listing Date Detail: | 3 December 2024 |
Rajputana Biodiesel IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 1000 shares = ₹130,000 |
| Retail (Max) | 1 lots and 1000 shares = ₹130,000 |
| HNI (Min) | 2 lots and 2,000 shares = ₹260,000 |
| B-HNI Minimum | – |
Rajputana Biodiesel IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹20 | ₹15,000 | ₹- | 15% |
About Rajputana Biodiesel
Rajputana Biodiesel was incorporated on November 10, 2016 under the name and style of ‘Rajputana Biodiesel Private Limited’, a private limited company under the Companies Act, 2013, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Jaipur at Rajasthan. Subsequently, their Company was converted into Public Limited Company and name of company was changed from “Rajputana Biodiesel Private Limited” to “Rajputana Biodiesel Limited” pursuant to a special resolution passed by their shareholders at the Extra Ordinary General Meeting held on May 13th, 2024 and a fresh certificate of incorporation was issued by the Central Processing Centre, Manesar dated July 08th, 2024. The CIN of the Company is U74999RJ2016PLC056359.
Their manufacturing unit is operational at G24 RIICO Industrial Area, Phulera, Rajasthan 303338 spread over 4,000 Square Meters. They have an approved production capacity of 30 kilo liters per day (klpd) and an installed production capacity of 24 kilo litre per day (klpd). On the date of this Red Herring Prospectus, their products cover majorly biodiesel, glycerine and fatty acid. Their Company has full flexibility in their manufacturing facility to handle the multiple feed stocks as per market requirements.
Rajputana Biodiesel IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- 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; and
- General Corporate purposes.
Rajputana Biodiesel Company Financial Report
The company reported revenue of ₹53.68 crores in 2024 against ₹23.54 crores in 2023. The company reported a profit of ₹4.52 crores in 2024 against a profit of ₹1.69 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹1,746.07 | ₹1,715.55 | ₹19.97 | ₹1,071.47 |
| 2023 | ₹2,354.06 | ₹2,126.79 | ₹168.83 | ₹1,515.69 |
| 2024 | ₹5,367.51 | ₹4,759.18 | ₹452.43 | ₹3,995.16 |
| July 2024 | ₹2,779.18 | ₹2,388.12 | ₹259.59 | ₹4,626 |
Rajputana Biodiesel IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 43.73% |
| ROCE: | 25.65% |
| EBITDA Margin: | 15.93% |
| PAT Margin: | 7.30% |
| Debt to equity ratio: | 2.20 |
| Earning Per Share (EPS): | ₹6.93 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 37.46% |
| Net Asset Value (NAV): | ₹14.63 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rajputana Biodiesel IPO | 6.93 | NA | 37.46 | 14.63 | 3,171 Cr. |
| Websol Energy System | (29.99) | NA | NA | NA | 27 Cr. |
Rajputana Biodiesel IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Rajputana Biodiesel IPO Lead Manager
- GYR Capital Advisors Private Limited
Rajputana Biodiesel IPO allotment status check on Link Intime website. Click on Maashitla Securities Private Limited to get allotment status.
Promoters of Rajputana Biodiesel
- Mr. Sarthak Soni
- Mr. Tanay Attar
- Mr. Sudeep Soni
- Mrs. Madhuri Surana
Company Address
Rajputana Biodiesel Limited
Jaipuria Mansion Panch Batti,
M.I. Road,
Jaipur – 302001
Phone: +91- 9509222333
Email: cs@rajputanabiodiesel.com
Website: https://rajputanabiodiesel.com/