Rajputana Biodiesel IPO Date, Review, Price, Allotment Details

Rajputana Biodiesel IPO open date is November 26, 2024 and the IPO will close on November 28, 2024. Rajputana Biodiesel IPO is a Book Built Issue. The company to raise around ₹24.70 crores via IPO that comprises fresh issue of ₹24.70 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Rajputana Biodiesel IPO price band is ₹125 to ₹130 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Rajputana Biodiesel IPO to list on NSE on December 3, 2024. The allotment of Rajputana Biodiesel IPO date is November 29, 2024.

The company reported revenue of ₹53.68 crores in 2024 against ₹23.54 crore in 2023. The company reported Profit of ₹4.52 crores in 2024 against Profit of ₹1.69 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Rajputana Biodiesel IPO

Rajputana Biodiesel IPO Details

IPO Open Date:November 26, 2024
IPO Close Date:November 28, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹125 to ₹130 Per Share
Issue Size:Approx ₹24.70 Crores
Fresh Issue:Approx ₹24.70 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Rajputana Biodiesel IPO Market Lot

The Rajputana Biodiesel IPO minimum market lot is 1000 shares with ₹130,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11,000₹130,000
Retail Maximum11,000₹130,000
S-HNI Minimum22,000₹260,000

Rajputana Biodiesel IPO Dates

The Rajputana Biodiesel IPO date is November 26 and the close date is November 28. The Rajputana Biodiesel IPO allotment will be finalized on November 29 and the IPO listing on December 3.

IPO Open Date:November 26, 2024
IPO Close Date:November 28, 2024
Basis of Allotment:November 29, 2024
Refunds:November 29, 2024
Credit to Demat Account:December 2, 2024
IPO Listing Date:December 3, 2024

Promoters of Rajputana Biodiesel IPO

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

About Rajputana Biodiesel IPO

Rajputana Biodiesel Ltd. was founded in 2016 as a company in India that produces biodiesel using raw materials such as animal fat, Cooking, and vegetable oil. It had a main goal to support renewable energy and decrease reliance on fossil fuels. Moreover, it produces premium-quality biodiesel with minimal carbon impact, meeting international standards. Mr. Sarthak Soni, Mr. Tanay Attar, and Mr. Sudeep are the promoters, bringing valuable experience and expertise to achieve goals through strategic initiatives. Additionally, its Revenue has grown by 128%, and the PAT (Profit After Tax) has increased by 168% in 2024. To raise more funds, the company is set to launch an IPO of Rs 24.70 crores, which will be an entirely fresh issue.

Rajputana Biodiesel IPO Company Financial Report

The company reported revenue of ₹53.68 crores in 2024 against ₹23.54 crore in 2023. The company reported Profit of ₹4.52 crores in 2024 against Profit of ₹1.69 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹17.46₹17.16₹0.20₹10.71
2023₹23.54₹21.27₹1.69₹15.16
2024₹53.68₹47.59₹4.52₹39.95
July 2024₹27.79₹23.88₹2.60₹46.26

Rajputana Biodiesel IPO Valuation – FY2024

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

KPIValues
ROE:-%
ROCE:22.19%
EBITDA Margin:14.29%
PAT Margin:8.46%
Debt to equity ratio:1.46
Earning Per Share (EPS):₹9.16 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):34.43%
Net Asset Value (NAV):₹25.60

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Kotyark Industries Limited17.3651.4111.56%150.06197.12 Cr.

Objects of the Issue

  • 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; and
  • General Corporate purposes.

Rajputana Biodiesel IPO Review

  • IPO Watch – May Apply
  • Arihant Capital Markets – Apply
  • Ganpati Finsec – Apply
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Rajputana Biodiesel IPO Registrar

Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues

IPO Lead Managers aka Merchant Bankers

  • GYR Capital Advisors Private Limited

Company Address

Rajputana Biodiesel Limited
Jaipuria Mansion Panch Batti,
M.I. Road,
Jaipur – 302001
Phone: +91- 9509222333
Email: [email protected]
Website: https://rajputanabiodiesel.com/

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 Rajputana Biodiesel IPO will 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%.

How to Apply the Rajputana Biodiesel IPO?

You can apply for Rajputana Biodiesel 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.

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.

Note: The Rajputana Biodiesel IPO price band and date are officially announced. The (Rajputana Biodiesel IPO grey market premium) will be added to the IPO GMP page as it will start).
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