Rajputana Biodiesel IPO Date, Review, Price, Allotment Details

Rajputana Biodiesel IPO Details

Rajputana Biodiesel IPO Market Lot

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

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.

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

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.

Peer Group Comparison

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

• 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