Rajputana Biodiesel Limited IPO is open for subscription now. One can subscribe to the Rajputana Biodiesel Ltd. SME IPO from 26 November 2024 until 28 November. Rajputana Biodiesel IPO is supposed to raise around ₹24.70 crores from the fresh issue of 19 lakh equity shares.
The allotment for the Rajputana Biodiesel Ltd. IPO is expected to be finalized on Friday, 29 November 2024. The shares of Rajputana Biodiesel will be listed on NSE SME for which the date as decided is Tuesday, 3 December 2024.
This sme ipo has a price band of ₹ 123 per share to ₹ 130 per share and the minimum lot size that has been decided for the Rajputana Biodiesel Ltd. ipo is 1000 shares which makes the minimum investment requirement for the retail investors stands at ₹130000 while that for HNIs is 2 lots which amounts to ₹260000.
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Rajputana Biodiesel NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | November 26, 2024 |
| IPO Closing Date | November 28, 2024 |
| Tentative IPO Listing Date | December 3, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹123 to ₹130 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 1900000 shares (₹24.70 Cr) |
| Fresh Issue | 1900000 shares (₹27.70 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 5133500 shares |
| Shareholding Post-issue | 7033500 shares |
Rajputana Biodiesel Limited | Company Overview
Rajputana Biodiesel Limited is engaged in producing and supplying different biofuel products and by-products, which mainly include fatty acids and glycerin. The company was established in the year 2016 and its main production unit is in the G24 RIICO Industrial Area of Phulera, Rajasthan. It is 4000 square meters in area. The current production capacity of the firm is around 30 kiloliters per day and there is an installed production capacity as well, which is around 24 kiloliters per day.
The products of Rajputana Biodiesel include the following –
- Biodiesel
- Crude glycerine
- Waste sludge
- Caustic potash flakes
- Used cooking oil
- Esterified fatty acids
- Methanol
- Citric acid
- Crude sunflower oil
- Refined rise oil
- Sodium methoxide
- RBD palm stearin
- Others
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Rajputana Biodiesel Limited IPO | Key Details
- Rajputana Biodiesel IPO Opening Date: November 26, 2024,
- Rajputana Biodiesel IPO Closing Date: November 28, 2024,
- Allotment Date: November 29, 2024
- Price Band: ₹123 to ₹130 per share
- Lot Size: 1000 shares
- Refunds Initiated: November 29, 2024
- Shares Credited to Demat: December 2, 2024
- Listing Date: December 3, 2024
Rajputana Biodiesel Ltd: Financial Overview
Rajputana Biodiesel Limited within these eight years of its operations has successfully built its presence felt in the market, and it can be understood from its growing profitability. In FY23, the PAT of the firm stood at ₹168.83 lakhs while that in FY24 rose to ₹ 452.43 lakhs, a 168% rise. The company’s assets and revenue also grew during this period by over 100 %, which is a huge thing for any firm. However, the net borrowing also increased which needs to be properly analyzed and maintained. Here is a detailed financial report of the biodiesel firm for FY23 and FY24.
All figures in ₹ Lakhs
| Financial Information | 31 Mar 2024 | 31 Mar 2023 | Change (31 Mar’23 – 31 Mar’24) | Change (%) |
| Assets | 3,995.16 | 1,515.69 | 2,479.47 | 163.59 |
| Revenue | 5,367.51 | 2,354.06 | 3,013.45 | 128.01 |
| Profit After Tax | 452.43 | 168.83 | 283.60 | 167.98 |
| Net Worth | 1,314.22 | 454.99 | 859.23 | 188.85 |
| Reserves and Surplus | 800.87 | -7.01 | 807.88 | 11524.68 |
| Total Borrowing | 1,914.19 | 887.12 | 1,027.07 | 115.78 |
FAQs | Rajputana Biodiesel Ltd IPO
Rajputana Biodiesel Ltd is engaged in producing and supplying biodiesel products such as glycerin, fatty acids, and others.
The tentative IPO listing date of Rajputana Biodiesel has been fixed as Tuesday, December 3, 2024.
The bidding date for the Rajputana Biodiesel IPO is November 26, 2024, and it will continue until November 28, 2024.
The minimum IPO lot size for Rajputana Biodiesel is 1000 shares. However, the HNIs need to buy at least 2 lots.
The IPO allotment is expected to be finalized on Friday, November 29, 2024.
The IPO face value is set at ₹10 per share.
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