Rajputana Biodiesel Ltd
Price Range
₹123 - ₹130
Min. Quantity
1,000
Closes on
28 November 2024
Min. investment
₹1,30,000/1,000 Shares
Rajputana Biodiesel Ltd IPO Timeline
Rajputana Biodiesel Limited was incorporated on November 10, 2016 under the name and style of Rajputana Biodiesel Systems Private Limited, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Jaipur. Company status was converted from a Private Limited Company to Public Limited Company with the the name 'Rajputana Biodiesel Limited' and a fresh Certificate of Incorporation dated July 08th, 2024 was issued to Company by the Central Processing Centre, Manesar.
| Event | Date |
|---|---|
| Rajputana Biodiesel Ltd IPO Opening Date | 26 November 2024 |
| Rajputana Biodiesel Ltd IPO Closing Date | 28 November 2024 |
| Basis of Allotment | 29 November 2024 |
| Initiation of Refunds | 29 November 2024 |
| Credit of Shares to Demat | 2 December 2024 |
| Rajputana Biodiesel Ltd IPO Listing Date | 3 December 2024 |
Rajputana Biodiesel Ltd IPO Details
| Rajputana Biodiesel Ltd IPO Date | 26 November 2024 to 28 November 2024 |
| Rajputana Biodiesel Ltd IPO Face Value | ₹10 per share |
| Rajputana Biodiesel Ltd IPO Price | ₹123 to ₹130 per share |
| Rajputana Biodiesel Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹24.7 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹24.7 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sarthak Soni, Madhuri Surana, Sudeep Soni |
Rajputana Biodiesel Ltd IPO Lot Size
The Rajputana Biodiesel Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,30,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,30,000 |
| Maximum | 1 | 1,000 | ₹1,30,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- Long standing relationships with customers.
- Efficient operational team.
- Consistent financial performance;
- Major Revenue from Government PSUs;
- Scalability due to scarcity in supply.
Company Financials
Rajputana Biodiesel Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 33.23 | 53.99 | 4.60 |
| 03-2023 | 15.14 | 23.54 | 1.73 |
| 03-2022 | 10.71 | 17.46 | 0.20 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Loan to Subsidiary (Nirvaanraj Energy Pvt Ltd) (NEPL) for the expansion of existing unit of its subsidiary
- Working capital requirements
- General corporate purposes
Rajputana Biodiesel Ltd IPO Promoter Holding
| Pre Issue Share Holding | 27.83% |
| Post Issue Share Holding | 20.31% |
Rajputana Biodiesel Ltd IPO Subscription Status (Bidding Detail)
The Rajputana Biodiesel Ltd IPO is subscribed 645.8116 times on 28 November 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 645.8116 |
Rajputana Biodiesel Ltd IPO Prospectus
Rajputana Biodiesel Ltd IPO Listing Date
| Listing Date | 3 December 2024 |
| BSE Script | 93475 |
| NSE Symbol | RAJPUTANA |
| Listing In | NSE - SME |
| ISIN | INE0VHU01019 |
| IPO Price | ₹130 |
| Face Value | ₹10 |
Company Contact Information
Jaipuria Mansion Panch BattiM I Road,Jaipur-302001
Phone: +91-95092 22333
Email: cs@rajputanabiodiesel.com
Website: https://rajputanabiodiesel.com
Rajputana Biodiesel Ltd IPO Registrar
Rajputana Biodiesel Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Rajputana Biodiesel Ltd IPO?
I have pre-applied for Rajputana Biodiesel Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.