Rajputana Biodiesel IPO Details
The Rajputana Biodiesel IPO is a book build issue with a total issue size of ₹24.7 cr, comprising of fresh issue of 1900000 equity shares. Rajputana Biodiesel IPO opened for subscription on Nov 26, 2024 and closed on Nov 28, 2024. Rajputana Biodiesel IPO is set price band at ₹125 to ₹130 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹260,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Nov 29, 2024, and listed on the NSE on Dec 03, 2024.
Maashitla Securities Private Limited has been appointed as the registrar. GYR Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Rajputana Biodiesel IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 125 – 130
- Lot Size
- 1000
- Issue Size
- ₹24.7 Cr
- Minimum Investment
- ₹260000 (2000 Shares)
- Listing Date
- 03 December 2024
Current GMP
₹135 (+103.85%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
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
Book Running Lead Managers
- GYR Capital Advisors Private Limited
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 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.
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 per share.
Rajputana Biodiesel IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
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.
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.
Rajputana Biodiesel IPO issue size is ₹24.7 crores.
Rajputana Biodiesel IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.