Rajputana Biodiesel IPO Date, Price, GMP, Review, Details

Rajputana Biodiesel ipo

Jaipur-based Rajputana Biodiesel IPO is a Book Built Issue IPO. This is a SME IPO which is open for subscription on 26 November, 2024 and will close on 30 November, 2024. The price band of the IPO is ₹125 to ₹130 per share.

The total IPO Size is ₹24.70 crore in which fresh issue of ₹24.70 crores and offer for sale up to [.] equity shares. The company set face value of ₹10 each. You can apply for Rajputana Biodiesel IPO for minimum lot size is 1000 shares for the retail investors, aggregating to an investment of ₹130,000.

This IPO is to be list on BSE platform on 3 December 2024, and allotment date is on 29 November 2024 which check Rajputana Biodiesel IPO allotment status on Maashitla Securities Private Limited is the registrar for this offering.

The book-running lead managers of this IPO is GYR Capital Advisors Private Limited. For more information check Rajputana Biodiesel IPO DRHP and RHP details.

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:

Checkout the Rajputana Biodiesel IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Rajputana Biodiesel IPO Dates Timeline

Get the tentative dates and schedule for latest IPO Rajputana Biodiesel IPO are open and close date, allotment status, refunds, and listing details
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

You can bid for a minimum of 1000 shares and maximum 600 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
ApplicationLot SizeShares 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 DateGMP TodaySubject to SaudaKostakExpected Gain
Today₹100₹75,000₹-77%
27th Nov₹90₹70,000₹-69%
26th Nov₹80₹60,000₹-62%
25th Nov₹30₹25,000₹-23%

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

  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; and
  3. 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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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.

CompanyEPSPE RatioRoNW %NAVIncome
Rajputana Biodiesel IPO6.93NA37.4614.633,171 Cr.
Websol Energy System(29.99)NANANA27 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/

Rajputana Biodiesel IPO FAQs

What is Rajputana Biodiesel IPO Detail?

Rajputana Biodiesel IPO is a main-board IPO. The company is going to raise ₹24.70 Crores via IPO. The issue is priced at ₹125 to ₹130 pr equity share. The IPO is to be listed on NSE.

How to Apply Rajputana Biodiesel IPO Online?

You can apply for Rajputana Biodiesel IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.

When Rajputana Biodiesel IPO will open?

The IPO is to open on 26 November 2024 for QIB, NII, and Retail Investors. The IPO will close on 28 November 2024.

What is Rajputana Biodiesel IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

What is Rajputana Biodiesel IPO Size?

Rajputana Biodiesel issue size is ₹24.70 crores.

What is Rajputana Biodiesel IPO Price Band?

Rajputana Biodiesel IPO Price Band is ₹125 to ₹130.

What is the Lot Size of Rajputana Biodiesel?

The Rajputana Biodiesel IPO minimum bid size is1000 Shares with ₹130,000 amount.

What is the Rajputana Biodiesel IPO Allotment Date?

Rajputana Biodiesel IPO allotment date is 29 November, 2024.

What is the Rajputana Biodiesel IPO Listing Date?

Rajputana Biodiesel IPO listing date is 3 December, 2024. The IPO is to list on NSE.

Leave a Reply

Your email address will not be published. Required fields are marked *