Apex Ecotech Limited IPO...
20 Nov 2024
Rajputana Biodiesel Limited IPO
Founded in 2016, Rajputana Biodiesel Limited specializes in the production and supply of biofuels and their by-products, including glycerol and fatty acids. The company operates from its state-of-the-art production facility located at G24 RIICO Industrial Area, Phulera, Rajasthan 303338, covering an area of 4,000 square meters.
With an approved production capacity of 30 kiloliters per day (kl/pd) and an installed capacity of 24 kiloliters per day (kl/pd), Rajputana Biodiesel offers a wide range of products. Its portfolio includes Bio-Diesel, Crude Glycerin, Caustic Potash Flakes, Waste Sludge, Used Cooking Oil, Esterified Fatty Acid, Methanol, Citric Acid, Refined Rice Oil, Crude Sunflower Oil, Sodium Methoxide, RBD Palm Stearin and Job Work services such as semi-refining of glycerine for other manufacturers, along with Fats.
Rajputana Biodiesel IPO Overview:
- ● Issue Type: Book built issue, entirely a fresh issue of 19 lakh shares
- ● Total Issue Size: ₹24.70 crores
- ● Price Per Share: ₹125 to ₹130 per share
- ● Minimum Lot Size: Minimum 1000 shares
- ● Issue Opening Date: November 26, 2024
- ● Issue Closing Date: November 28, 2024
- ● Book Running Lead Managers: GYR Capital Advisors Private Limited
- ● Registrar: Maashitla Securities Private Limited
- ● Market Maker: Giriraj Stock Broking
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Rajputana Biodiesel Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 130 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Rajputana Biodiesel Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | November 26, 2024 to November 28, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹125 to ₹130 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,900,000 shares (aggregating up to ₹24.70 Cr) |
| Fresh Issue | 1,900,000 shares (aggregating up to ₹24.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 5,133,500 |
| Shareholding post issue | 7,033,500 |
| Market Maker portion | 141,000 shares |
Rajputana Biodiesel Limited IPO (Tentative Schedule)
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, November 26, 2024 |
| IPO Close Date | Thursday, November 28, 2024 |
| Basis of Allotment | Friday, November 29, 2024 |
| Initiation of Refunds | Friday, November 29, 2024 |
| Credit of Shares to Demat | Monday, December 2, 2024 |
| Listing Date | Tuesday, December 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 28, 2024 |
Rajputana Biodiesel Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹130,000 |
| Retail (Max) | 1 | 1000 | ₹130,000 |
| HNI (Min) | 2 | 2,000 | ₹260,000 |
Rajputana Biodiesel Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Rajputana Biodiesel Limited IPO Promoter Holding
| Share Holding Pre Issue | 90.00% |
| Share Holding Post Issue | 65.68% |
Rajputana Biodiesel Limited IPO Anchor Investors Details
| Bid Date | November 25, 2024 |
| Shares Offered | 515,000 |
| Anchor Portion Size (In Cr.) | 6.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | December 29, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 27, 2025 |
Rajputana Biodiesel Limited Financial Information
| Period Ended | 31 July 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 4,626 | 3,995.16 | 1,515.69 | 1,071.47 | ||||||||||||||||||||||||||||||||||||
| Revenue | 2,779.18 | 5,367.51 | 2,354.06 | 1,746.07 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 259.59 | 452.43 | 168.83 | 19.97 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,573.81 | 1,314.22 | 454.99 | -128.92 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 1,050.46 | 800.87 | -7.01 | -131.42 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 1,989.23 | 1,914.19 | 887.12 | 1,093.61 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 16.49% |
| ROCE | 11.00% |
| Debt/Equity | 1.26 |
| P/BV | 4.24 |
| PAT Margin (%) | 9.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.81 | 11.07 |
| P/E (x) | 14.75 | 11.74 |
Rajputana Biodiesel IPO Objectives:-
-
The Company proposes to utilize the funds that are being raised through this Issue towards the following objectives:
- 1. Loan to the Subsidiary, Nirvaan Raj 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 facilities.
- 2. Funding working capital requirements of the company.
- 3. General Corporate Purposes.
Rajputana Biodiesel IPO FAQs
-
What is Rajputana Biodiesel IPO?
Rajputana Biodiesel IPO is a SME IPO. The company is going to raise ₹24.70 Crores via IPO. The issue is priced at ₹125 to ₹130 per equity share. The IPO is to be listed on NSE.
-
When will the Rajputana Biodiesel IPO open for subscription?
The IPO is to open on November 26, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 28, 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 Issue Size?
Rajputana Biodiesel IPO issue size is ₹24.70 crores.
-
What is Rajputana Biodiesel IPO Price Band?
Rajputana Biodiesel IPO Price Band is ₹125 to ₹130 .
-
What is Rajputana Biodiesel IPO Lot Size?
The minimum bid is 1,000 Shares with ₹130,000 amount.
-
What is the Rajputana Biodiesel IPO Allotment Date?
Rajputana Biodiesel IPO allotment date is November 29, 2024.
-
What is the Rajputana Biodiesel IPO Listing Date?
Rajputana Biodiesel IPO listing date is December 3, 2024. The IPO is to list on NSE.
-
What is the Rajputana Biodiesel’s current GMP?
The current GMP of the Rajputana Biodiesel is ---.
RHP:
RHP of Rajputana Biodiesel Limited IPO
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