The Ramdevbaba Solvent IPO minimum market lot is 1600 shares with ₹136,000 application amount. The Ramdevbaba Solvent IPO is a SME IPO, and it is to be listed on NSE.
Ramdevbaba Solvent is in the business of manufacturing, distribution, marketing, and selling of Physically Refined Rice Bran Oil (Rice Bran Oil). They manufacture and sell Rice Bran Oil to FMCG companies like Mother Dairy Fruit & Vegetable Private Limited, Marico Limited, and Empire Spices and Foods Ltd. They also manufacture, market, and sell Rice Bran Oil under their brands Tulsi and Sehat through thirty-eight (38) distributors who in turn sell to various retailers across Maharashtra. Rice bran oil is the oil extracted from the hard outer brown layer of rice called bran. It is well known for its high smoke point of 232 °C i.e. 450 °F and mild flavor, making it fit for high-temperature cooking methods such as stir-frying and deep-frying. It has an ideal balance of Polyunsaturated Fats (PUFA) and Monounsaturated Fats (MUFA), in almost a 1:1 ratio. Since rice bran oil is made from bran, it is rich in Vitamin E, an antioxidant.
IPOWatch View
We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Ramdevbaba Solvent IPO Subscription Status – Day 3
| IPO Category | Subscription Numbers |
| QIB | 65.95 |
| NII | 314.46 |
| RII | 79.96 |
| Total | 126.21 |
Ramdevbaba Solvent IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Ramdevbaba Solvent IPO Review
- May Apply
Ramdevbaba Solvent IPO Form
How to apply for the Ramdevbaba Solvent IPO? You can apply for Ramdevbaba Solvent IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ramdevbaba Solvent IPO in the Invest section. The other option is you can apply for Ramdevbaba Solvent IPO via IPO forms downloaded online. Check out the Ramdevbaba Solvent forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
