Rajputana Biodiesel IPO
Open SmeCurrent GMP
₹135 (+103.85%)
Price Band
₹ 125 – 130
Lot Size
1000
Issue Size
₹24.7 Cr
Minimum Investment
₹260000 (2000 Shares)
Listing Date
03 December 2024
Subscription
718.92x
About the Company
Rajputana Biodiesel Limited is a company incorporated on November 10, 2016, originally as Rajputana Biodiesel Private Limited under the Companies Act, 2013. It later converted to a public limited company and changed its name to Rajputana Biodiesel Limited in May 2024, following a special resolution by its shareholders. The company’s Corporate Identification Number (CIN) is U74999RJ2016PLC056359.
The company's manufacturing facility is located at G24 RIICO Industrial Area, Phulera, Rajasthan, covering an area of 4,000 square meters. It has an installed production capacity of 24 kiloliters per day (klpd) and an approved capacity of 30 klpd. The company's primary products include biodiesel, glycerine, and fatty acids, with flexibility in its operations to process multiple feedstocks according to market demands.
Rajputana Biodiesel is focused on producing biofuels and their by-products, and aims to add value to these by-products while exploring the export potential of biodiesel.
Promoters
- Mr. Sarthak Soni
- Mr. Tanay Attar
- Mr. Sudeep Soni
- Mrs. Madhuri Surana
Promoters Holding
Holding Pre Issue
90.00%
Holding Post Issue
65.68%
Objects of the Issue
The Company proposes to utilize the funds that are being raised through this Issue towards the following 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.
Address / Contact Info
Rajputana Biodiesel Limited
Jaipuria Mansion Panch Batti, M.I.
Road, Jaipur, Rajasthan, India, 302001
Phone: +91- 9509222333
Email: cs@rajputanabiodiesel.com
Website: https://rajputanabiodiesel.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 26 November 2024
IPO Close Date
Thursday, 28 November 2024
Basis of Allotment
Friday, 29 November 2024
Initiation of Refunds
Friday, 29 November 2024
Credit of Shares to Demat
Monday, 02 December 2024
Listing Date
Tuesday, 03 December 2024 — NSE & BSE
Important Dates
Open Date
26 November 2024
Close Date
28 November 2024
Basis Of Allotment
29 November 2024
Listing Date
03 December 2024
Financial Performance (₹ in Crores)
| Particular | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 4626 | 3995.16 | 1515.69 | 1071.47 |
| Revenue | 2779.18 | 5367.51 | 2354.06 | 1746.07 |
| Profit After Tax | 259.59 | 452.43 | 168.83 | 19.97 |
| Net Worth | 1573.81 | 1314.22 | 454.99 | 128.92 |
| Reserve & Surplus | 1050.46 | 800.87 | -7.01 | -131.42 |
| Total Borrowings | 1989.23 | 1914.19 | 887.12 | 1093.61 |
EPS Pre
8.81%
EPS Post
11.07%
P/E Pre
14.75
P/E (Post Issue)
11.74x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of July 31, 2024. |
|---|---|
| ROE % | 0 |
| ROCE % | 11 |
| Debt / Equity | 1.26 |
| RoNW % | 16.49 |
| PbW | 4.24 |
| Pat Margin % | 9.71 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 141000 | 0 | 0 |
| Anchor Investors | 515000 | 0 | 0 |
| Qualified Institutions | 345000 | 0 | 0 |
| Non-Institutional | 270000 | 0 | 0 |
| Retail Investors | 629000 | 0 | 0 |
| Total | 1900000 | 0 | 0 |
Subscription Status ( Thu, 28 Nov 24 12:56 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 345000 | 61197000 | 177.38x |
| Non-Institutional | 270000 | 363551000 | 1346.49x |
| Retail Investors | 629000 | 469592000 | 746.57x |
| Total | 1244000 | 894340000 | 718.92x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 130,000.00 |
| Retail (Max) | 1 | 1,000 | 130,000.00 |
| S-HNI (Min) | 2 | 2,000 | 260,000.00 |
Book Running Lead Managers
- GYR Capital Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Rajputana Biodiesel IPO is a Book-building IPO worth ₹24.7 crores. The price band is ₹125 to 130 per share. The IPO opens on Tue, Nov 26, 2024 and closes on Thu, Nov 28, 2024. It will be listed on BSE and NSE. Maashitla Securities Private Limited is the registrar.
The Rajputana Biodiesel IPO opens on Tue, Nov 26, 2024 and closes on Thu, Nov 28, 2024
Rajputana Biodiesel IPO Price Band is ₹125 to 130.
Rajputana Biodiesel IPO lot size is 1000, and the minimum amount required for application is ₹260000.
The minimum investment for Rajputana Biodiesel IPO is approximately ₹260000 based on the upper price band.
To apply for the Rajputana Biodiesel IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Nov 28, 2024. After submission, funds are blocked until the basis of allotment of Rajputana Biodiesel IPO is finalised.
Rajputana Biodiesel IPO issue size is ₹24.7 crores.
Rajputana Biodiesel IPO allotment date is Sat, Jun 27, 2026.
The registrar for Rajputana Biodiesel IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited website for IPO allotment status, refund processing, and other queries related to Rajputana Biodiesel IPO through their official website or helpline.
The Rajputana Biodiesel IPO GMP (Grey Market Premium) is ₹135 as of Tue, Dec 3, 2024. Based on the upper price band of ₹130 per share, the estimated Rajputana Biodiesel IPO listing price is ₹265, indicating a potential listing gain of approximately 31% over the issue price.