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.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1,000 | ₹130,000 |
Retail Maximum | 1 | 1,000 | ₹130,000 |
S-HNI Minimum | 2 | 2,000 | ₹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 Ended | Revenue | Expense | Profit After Tax | Assets |
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.
KPI | Values |
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
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Kotyark Industries Limited | 17.36 | 51.41 | 11.56% | 150.06 | 197.12 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
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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
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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).
One Response
It’s good shares please