fbpx

rajputana biodiesel IPO GMP

Rajputana Biodiesel IPO GMP grey market premium, review, Subscription, allotment, listing estimate @
Chanakyanipothi.com, a legacy of 31 Years.

India`s Oldest Investment & IPO website.
Most Trusted by Investors across India.

Table of Contents

Rajputana Biodiesel listing Review

On 3rd December the scrip is listed at Rs. 247, a premium cap of 90% over the issue price.

Rajputana Biodiesel IPO allotment Link

What was the last grey market premium of Rajputana Biodiesel IPO?

 For latest GMP, Click

Subscription status of Rosmerta Digital IPO

Rajputana Biodiesel IPO (Closing Today)

Price Rs. 130 Lot 1000 shares, Rs. 24.70 Crore

QIB NII x RII x Total x Applications
177.38 1345.96 746.57 718.81 5,12,724 (815.14x)
Amount wise bids recd. Rs. ? Crore
Note: 

What is the business of Rajputana Biodiesel?

Founded in 2016, Rajputana Biodiesel Limited specializes in the production and supply of biofuels and their by-products, including glycerine and fatty acids.

The company operates from a 4,000-square-meter facility located at G24, RIICO Industrial Area, Phulera, Rajasthan (Pin: 303338). With an approved production capacity of 30 kiloliters per day (kl/pd), the company has an installed production capacity of 24 kiloliters per day (kl/pd).

Rajputana Biodiesel offers a diverse product range, which includes:

  • Bio-Diesel
  • Crude Glycerin
  • Caustic Potash Flakes
  • Waste Sludge
  • Used Cooking Oil
  • Esterified Fatty Acids
  • Methanol
  • Citric Acid
  • Refined Rice Oil
  • Crude Sunflower Oil
  • Sodium Methoxide
  • RBD Palm Stearin
  • Job Work (semi-refining of glycerine for other manufacturers)
  • Fats

As of July 31, 2024, Rajputana Biodiesel employs 30 permanent staff members.

This refined version provides a more structured and formal presentation of the company’s profile while retaining all the key details.

Get more information about the company @ https://rajputanabiodiesel.com/

Rajputana Biodiesel IPO Details

IPO opens on  26 November 2024
IPO closes on  28 November 2024
Issue Type Book Built Issue IPO
Issue Size 19,00,000 Shares /
Rs 24.70 Crore
* Fresh Issue 19,00,000 Shares /
Rs 24.70 Crore
* Offer for Sale – – shares /
Rs. – crore
Market Maker Portion 141,000 Shares
Net offer to Public 1759,000 Shares/
Rs.22.87 Crore
Face Value per share Rs. 10
Price Band Rs. 125-130
Employee discount  Rs. 0 per share
Retail Lot Size  1000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 879500 11.43
NII  (15%) 263850 3.44
RII  (35%) 615650 8.00
Total Shares  1759000 22.87
Retail portion will be
oversubscribed by 
616
Forms
How much Shares to Apply in this IPO?
Min Retail Application 1000 Shares Rs.130000
Min HNI Application  2000 Shares Rs.260000

Who are the Promoters of Rajputana Biodiesel?

Mr. Sarthak Soni, Mr. Tanay Attar, Mr. Sudeep Soni, and Mrs. Madhuri Surana are the company’s promoters.

What are the Objects of Rajputana Biodiesel IPO?

The Offer comprises of fresh issue of shares

The Company proposes to utilize the funds that are being raised through this Issue towards the following objectives:

  1. 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”);
  2. Funding working capital requirements of the company; and
  3. General Corporate purposes.

Tentative timetable

IPO opens on 26 November 2024
IPO Closes on 28 November 2024
IPO Allotment on  29 November 2024
Refund Initiation  2 December 2024
Credit of Shares 2 December 2024
Listing on 3 December 2024
Registered Office of the Company
Rajputana Biodiesel Limited
Jaipuria Mansion Panch Batti,
M.I. Road,
Jaipur – 302001
Who is the Lead Manager of this IPO?
GYR Capital Advisors Private Limited

Who is the Registrar to IPO?
Maashitla Securities Private Limited

Rajputana Biodiesel IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Rajputana Biodiesel IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 17.46 0.20 5.33  
2022-23 23.54 1.69 3.87  
2023-24  53.68 4.52 9.16 34.43
Book Value of the
Share on 31.03.2024
Rs      
BV of the Share at
cap price after IPO
Rs.    
Offer Price/upper band Rs. 130    

IPO
Key Performance indicators

Price/EPS of 23-24 14.19
Price/BV Ratio  
Price/BV after IPO   


How Rajputana Biodiesel IPO
compares with the Peers?

As on date of RHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Crore  
Rajputana Biodiesel 10 53.68 14.19
Kotyark Industries   197.12 51.41
       
       
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Rajputana Biodiesel IPO Review

Founded in 2016, Rajputana Biodiesel Limited specializes in the production and supply of biofuels and their by-products, including glycerine and fatty acids.

The company operates from a 4,000-square-meter facility located at G24, RIICO Industrial Area, Phulera, Rajasthan (Pin: 303338). With an approved production capacity of 30 kiloliters per day (kl/pd), the company has an installed production capacity of 24 kiloliters per day (kl/pd).

IPO Details and Market Outlook

The IPO size stands at an impressive Rs. 24.70 crore, offering 1900,000 shares. This is a relatively small offering, especially when compared to recent IPO trends. With 616 applications, the retail portion of the offering is expected to be subscribed once. The company has shown strong rise in the topline and the bottomline. The IPO can be considered as reasonably priced, if the profitability can be maintained in future.

+ from fundamental angle: May Apply
+ from grey market angle: ?

Quicklinks

Rajputana Biodiesel IPO GMP today allotment, review?

Rajputana Biodiesel IPO GMP grey market premium

Rajputana Biodiesel IPO FAQs

What is Rajputana Biodiesel IPO
?

This is a SME IPO of 1759000 equity shares of the face value of Rs. 10 aggregating up to Rs.24.70 Crores. The issue is priced at Rs.125-130 per share. The minimum order quantity is 1000 Shares.

When will Rajputana Biodiesel IPO subscription open?

Rajputana Biodiesel IPO opens on November 26, 2024, and closes on November 28, 2024.

What is the lot size of Rajputana Biodiesel IPO?

Rajputana Biodiesel IPO lot size is 1000 Shares, and the minimum amount required is Rs.130000

How to apply for Rajputana Biodiesel IPO?

You can apply in Rajputana Biodiesel IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Rajputana Biodiesel IPO allotment?

The finalization of Basis of Allotment for Rajputana Biodiesel IPO will be done on November 29, 2024, and the allotted shares will be credited to your demat account by 2 December, 2024.

When is Rajputana Biodiesel IPO listing date?

Rajputana Biodiesel IPO listing date is December 3, 2024.

Leave a Reply

Your email address will not be published. Required fields are marked *