Rajgor Castor Derivatives IPO Date, Review, Price, Allotment Details

Rajgor Castor Derivatives IPO Details: Rajgor Castor Derivatives IPO date is fixed, The IPO will open on October 17 and will close on October 20. Rajgor Castor Derivatives is an NSE SME IPO to raise ₹47.81 crores via IPO. The Rajgor Castor Derivatives IPO price band is fixed at ₹47 to ₹50 with a market lot of 3000 shares.

Rajgor Castor Derivatives IPO

Table of Contents

Rajgor Castor Derivatives Limited has commenced manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake for the domestic market. They are currently operating on a B2B business Model and offer their customers Castor Oil and its derivatives. As they are currently operating under a B2B business Model, they focus on operations relating to quality control, inventory management, and business development. Being a customer-centric company, their prime focus is to attain the utmost client satisfaction by offering them quality products. The Company strives at all times to provide products that offer their customers the designs with desired finish and quality. Moreover, their ethical trade practices, transparent business dealings, and timely delivery of products help them maintain cordial relations with their customers.


They have testing laboratories within the premises of manufacturing units. Their manufacturing facility has a fully equipped quality control department with experienced staff to facilitate a smooth manufacturing process. They have an in-house testing laboratory and the necessary infrastructure to test their raw materials and finished products to match the quality standards as specified by the relevant customers. All the products are being manufactured strictly as per quality norms using the expertise of their experienced team to provide quality output to their customers at competitive prices. The Company has marked its presence in domestic markets. They supply their products in states such as Gujarat, Delhi, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand.

Rajgor Castor endeavors to satisfy customers through continuous improvement through process innovation and quality maintenance. They focus on producing quality products to increase customer satisfaction and develop a positive brand image in the industry. Their management and team have enabled them to maintain continuing customer relations, ensuring repeat order flows. The aim is to grow their operations on a PAN India basis and make their brand a distinguished name in the industry.


Objects of the Issue:

  • To Meet Working Capital Requirements.
  • General Corporate Purpose.
  • To meet Public Offer Expenses

Rajgor Castor Derivatives IPO Review

  • May Apply

Rajgor Castor Derivatives IPO Date & Price Band Details

IPO Open:October 17, 2023
IPO Close:October 20, 2023
IPO Size:Approx ₹47.81 Crores, 9,561,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹47 to ₹50 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Rajgor Castor Derivatives IPO Market Lot

The Rajgor Castor Derivatives IPO minimum market lot is 3000 shares with a ₹150,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹150,000
Retail Maximum13000₹150,000
S-HNI Minimum26000₹300,000

Rajgor Castor Derivatives IPO Dates

The Rajgor Castor Derivatives IPO date is October 17 and the IPO close date is October 20. The IPO allotment date is October 26 and the IPO might list on October 31.

IPO Open Date:October 17, 2023
IPO Close Date:October 20, 2023
Basis of Allotment:October 26, 2023
Refunds:October 27, 2023
Credit to Demat Account:October 30, 2023
IPO Listing Date:October 31, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Rajgor Castor Derivatives IPO Form

How to apply Rajgor Castor Derivatives IPO? You can apply Rajgor Castor Derivatives IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rajgor Castor Derivatives IPO in the Invest section. The other option you can apply Rajgor Castor Derivatives IPO via IPO forms download via the NSE website. Check out the Rajgor Castor Derivatives forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Rajgor Castor Derivatives Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹11.00₹13.53₹1.80
2022₹40.91₹40.59₹0.52
2023₹428.87₹420.23₹5.54

Rajgor Castor Derivatives IPO Valuation – FY2023

Check Rajgor Castor Derivatives IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹30.06 per Equity Share
Price/Earning P/E Ratio:30.06
Return on Net Worth (RoNW):23.44%
Net Asset Value (NAV):₹15.75 per Equity Share

Peer Group

  • Jayant Agro Organics Limited
  • NK Industries Limited

Company Promoters

  • Mr. Brijeshkumar Vasantlal Rajgor
  • Mr. Vasantkumar Shankarlal Rajgor
  • Mr. Maheshkumar Shankarlal Rajgor

Rajgor Castor Derivatives IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Rajgor Castor Derivatives IPO Allotment Status

Check Rajgor Castor Derivatives IPO allotment status on Link Intime website URL. Click Here

Rajgor Castor Derivatives IPO Lead Managers aka Merchant Bankers

  • Beeline Capital Advisors Pvt Ltd

Company Address

Rajgor Castor Derivatives Limited

807, Titanium One, Nr. Pakwan Cross Road,
Nr. Shabri Water Works, S.G. Highway
Bodakdev, Ahmedabad-380054
Phone: +91 9898926368
Email: [email protected]
Website: https://www.rajgorcastor.com/

Rajgor Castor Derivatives IPO FAQs


What is Rajgor Castor Derivatives IPO?

Rajgor Castor Derivatives IPO is an NSE SME IPO. They are going to raise ₹47.81 Crores via IPO. The issue is priced at ₹47 to ₹50 per equity share. The IPO is to be listed on NSE.

When Rajgor Castor Derivatives IPO will open?

The IPO is to open on October 17, 2023 for QIB, NII, and Retail Investors.

What is Rajgor Castor Derivatives IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Rajgor Castor Derivatives IPO?

You can apply Rajgor Castor Derivatives IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Rajgor Castor Derivatives IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Rajgor Castor Derivatives IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Rajgor Castor Derivatives IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Rajgor Castor Derivatives IPO Size?

Rajgor Castor Derivatives IPO size is ₹47.81 crores.

What is Rajgor Castor Derivatives IPO Price Band?

Rajgor Castor Derivatives IPO Price Band is ₹47 to ₹50 per equity share.

What is Rajgor Castor Derivatives IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹150,000.

What is Rajgor Castor Derivatives IPO Allotment Date?

Rajgor Castor Derivatives IPO allotment date is October 26, 2023.

What is Rajgor Castor Derivatives IPO Listing Date?

Rajgor Castor Derivatives IPO listing date is October 31, 2023. The IPO to list on NSE SME.

Note: The Rajgor Castor Derivatives IPO details are announced officially. The IPO grey market premium (Rajgor Castor Derivatives IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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One Response

  1. Revenues of the company suddenly jumped from 40 crores to more than 400 crores in 1 year !!!! Wonder how they achieved sucha feat


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