Rajgor Castor Derivatives

Offer PeriodOct 17, 2023 – Oct 20, 2023

Oct 17, 2023 – Oct 20, 2023

NSE - SMEListed

Listed Price:

₹59.00

(+18.00%)

Price Band₹47 - ₹50

Lot Size3,000 Shares

Allotment DateOct 25, 2023

Listing DateOct 31, 2023

Subscription105.34 Times

Issue Size₹47.81 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹5
(10.00%)

Premium (ELP)

The public market debut of Rajgor Castor Derivatives's was completed on Oct 31, 2023 with its listing on the NSE exchange. The IPO process raised 95,61,000 Shares in total capital, consisting of 88,95,000 Shares in new equity and ₹3.33 Cr in existing share sales through the OFS route.

The offering featured a price range of ₹47 to ₹50 and minimum application size of 3000 shares. Investor response during the subscription period from Oct 17, 2023 to Oct 20, 2023 influenced the final allotment ratios across investor categories.

Final allotment was announced on Oct 25, 2023, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Rajgor Castor IPO Details

IPO Date

Oct 17, 2023 to Oct 20, 2023

Allotment Date

Oct 25, 2023

List Date

Oct 31, 2023

Lot Size

3,000 share

Issue Price

₹47 - ₹50

Issue Size

95,61,000 (aggregating up to 47.81 Cr)

Fresh Issue

88,95,000 (aggregating up to 44.48 Cr)

Offer For Sale

6,66,000 (aggregating up to 3.33 Cr)

Listing At

NSE

Share Holding Pre-Issue

1,50,20,852

Share Holding Post-Issue

2,39,15,852

Market Marker Portion

5,01,000

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	3000	1,50,000
HNI	2	6000	3,00,000

IPO Reservation

Shares95,61,000

QIB

47.32%(45,24,000)

NII (HNI)

14.25%(13,62,000)

RETAIL

33.20%(31,74,000)

Market Maker

5.24%(5,01,000)

Total

100.00%(95,61,000)

Rajgor Castor IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	30.06
ROE	43.19
ROCE	22.97
RONW	23.44
PRE IPO(PE)	1.66
POST IPO(PE)	15.48

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (In Lakhs)

Period Ended	Jun 2023	Mar 2023	Mar 2022	Mar 2021	Mar 2020

Period Ended	Jun 2023	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Assets	9,847.95	7,782.64	3,753.42	2,578.48	2,645.34
Revenue	11,276.10	42,887.35	4,091.30	1,100.69	1,497.33
Net Worth	2,558.24	2,365.55	201.90	149.71	0
Total borrowing	5,178.96	4,450.93	1,809.51	2,286.28	0
Profit after tax	192.57	554.47	52.19	-180.18	-97.02
Reserves and Surpluses	2,343.54	2,150.97	190.12	137.93	318.12

Rajgor Castor IPO About Company

Incorporated in 2018, Rajgor Castor Derivatives Limited is engaged in the manufacturing of castor-based products catering to the domestic market. The company’s product portfolio includes Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake. These products are used across industries such as pharmaceuticals, cosmetics, lubricants, and animal feed, addressing the needs of a diverse set of customers. The company focuses on quality production processes to ensure that its castor derivatives meet industry standards and serve as reliable inputs for downstream applications.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Rajgor Castor IPO Strength Factors

⚠️Rajgor Castor IPO Risk Factors

🏦Rajgor Castor IPO Lead Manager(s)

Beeline Capital Advisors Private Limited

👤Rajgor Castor IPO Promoter(s)

Mr. Brijeshkumar Vasantlal Rajgor
Mr. Vasantkumar Shankarlal Rajgor
Mr. Maheshkumar Shankarlal Rajgor

🏢Rajgor Castor IPO Company Details

Rajgor Castor Derivatives

Email:cs@rajgorcastor.com

Phone:+91 9898926368

Website:https://www.rajgorcastor.com/

address:807, Titanium One, Nr. Pakwan Cross Road, Nr. Shabri Water Works, S.G. Highway Bodakdev, Ahmedabad-380054

📋Rajgor Castor IPO Registrar

Link Intime India Private Limited

Name:Link Intime India Private Limited

Phone:+91-22-4918 6270

Email:rajgorcastorderivatives.ipo@linkintime.co.in

Website:https://linkintime.co.in/Initial_Offer/public-issues.html

❓Rajgor Castor IPO FAQs

Rajgor Castor IPO is a main-board IPO of 88,95,000 equity shares of the face value of ₹10 per share aggregating up to ₹3.33 crore shares. The issue is priced at ₹47 - ₹50 per share. The minimum order quantity is .The IPO opens on Oct 17, 2023, and closes on Oct 20, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE.

Zerodha customers can apply online in Rajgor Castor IPO using UPI as a payment gateway. Zerodha customers can apply in Rajgor Castor IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Rajgor Castor IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Rajgor Castor IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Rajgor Castor IPO opens on Oct 17, 2023 and closes on Oct 20, 2023.

You can apply in Rajgor Castor IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Rajgor Castor IPO will be done on Oct 25, 2023, and the allotted shares will be credited to your demat account by Oct 25, 2023

Rajgor Castor IPO's listing date is Oct 31, 2023.

Rajgor Castor Derivatives

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹5(10.00%)

Premium (ELP)

₹5
(10.00%)