Rajputana Biodiesel IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 26 Nov 2024
Close Date
Thu, 28 Nov 2024
Price Band
₹ 125 – 130
Lot Size
1000
Issue Size
₹ 24.70 Cr
Minimum Investment
₹ 260,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Rajputana Biodiesel IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹24.70 Crore, comprising a fresh issue of 19.00 Lakh equity shares aggregating to ₹24.70 Crore.
The Rajputana Biodiesel IPO remained open for subscription from November 26, 2024, to November 28, 2024. The basis of allotment was finalized on November 29, 2024, and the company's shares were listed on NSE SME Platform on December 03, 2024.
The company had fixed the price band at ₹125 to ₹130 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹260,000 (based on the upper price band) to apply for one lot.
Maashitla Securities Private Limited served as the registrar to the issue. GYR Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Rajputana Biodiesel Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Rajputana Biodiesel IPO Timeline (Tentative)
- IPO Open Date
- Tue, 26 Nov 24
- IPO Close Date
- Thu, 28 Nov 24
- Basis of Allotment
- Fri, 29 Nov 24
- Initiation of Refunds
- Fri, 29 Nov 24
- Credit of Shares to Demat
- Mon, 02 Dec 24
- Listing Date
- Tue, 03 Dec 24 — NSE & BSE
Open Date
26 November 2024
Close Date
28 November 2024
Basis Of Allotment
29 November 2024
Listing Date
03 December 2024
IPO Subscription
Check Live Subscription →The Rajputana Biodiesel IPO has received bids for 89,43,40,000 shares against 12,44,000 shares offered, resulting in an overall subscription of 718.92x. the NII category is subscribed 1,346.49x, Retail Investors 746.57x, and QIBs 177.38x.
QIB
177.38x
NII
1346.49x
RII
746.57x
Total
718.92x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 6,29,000 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 3,45,000 shares (0%), while Non-Institutional Investors (NIIs) receive 2,70,000 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 141,000 | 0% |
| Anchor Investors | 515,000 | 0% |
| Qualified Institutions | 345,000 | 0% |
| Non-Institutional | 270,000 | 0% |
| Retail Investors | 629,000 | 0% |
| Total | 1,900,000 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Rajputana Biodiesel Limited KPI Information
| Particular | KPI as of July 31, 2024. |
|---|---|
| ROCE % | 11 |
| Debt / Equity | 1.26 |
| RoNW % | 16.49 |
| PbW | 4.24 |
| Pat Margin % | 9.71 |
Peers Comparison
No Peer Comparision Available
About Rajputana Biodiesel Limited
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.
Rajputana Biodiesel IPO 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%
Rajputana Biodiesel IPO Objective
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.
Rajputana Biodiesel Limited Address / Contact Details
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
Rajputana Biodiesel IPO Lot Size
The Rajputana Biodiesel IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,30,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,30,000.
| 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 |
Issue Reservation
Book Running Lead Managers
- GYR Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Rajputana Biodiesel IPO?
Rajputana Biodiesel IPO is a Book-building IPO with a total issue size of ₹24.7 crore. The Rajputana Biodiesel IPO price band is ₹125 to 130 per share. The Rajputana Biodiesel IPO subscription opens on Tue, Nov 26, 2024, and closes on Thu, Nov 28, 2024. The Rajputana Biodiesel IPO will be listed on the NSE. Maashitla Securities Private Limited is the registrar for the Rajputana Biodiesel IPO.
When will the Rajputana Biodiesel IPO open for subscription?
The Rajputana Biodiesel IPO opens on Tue, Nov 26, 2024 and closes on Thu, Nov 28, 2024
What is Rajputana Biodiesel IPO Price Band?
Rajputana Biodiesel IPO Price Band is ₹125 to 130 per share.
What is Rajputana Biodiesel IPO Lot Size?
Rajputana Biodiesel IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
What is the minimum investment for Rajputana Biodiesel IPO?
The minimum investment for Rajputana Biodiesel IPO is ₹260000, based on one lot of 1000 shares at the upper price band of ₹130 per share.
How to apply for Rajputana Biodiesel IPO?
Investors can apply for the Rajputana Biodiesel IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Nov 28, 2024. The application amount remains blocked until the Rajputana Biodiesel IPO allotment is finalized.
What is Rajputana Biodiesel IPO Issue Size?
Rajputana Biodiesel IPO issue size is ₹24.7 crores.
What is the Rajputana Biodiesel IPO Allotment Date?
Rajputana Biodiesel IPO allotment date is Fri, Nov 29, 2024.
Who is the Rajputana Biodiesel IPO Registrar?
The registrar for Rajputana Biodiesel IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited website to check Rajputana Biodiesel IPO allotment status, refund processing, and other IPO-related information.
What is the Rajputana Biodiesel IPO GMP?
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 103.85% over the issue price.
Who is the Rajputana Biodiesel IPO Lead Manager?
The book-running lead managers (BRLMs) for the Rajputana Biodiesel IPO are GYR Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Rajputana Biodiesel IPO Red Herring Prospectus (RHP).