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Rajputana Biodiesel Limited IPO

Rajputana Biodiesel Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
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Lot Size:
Subscription:
Listed Price: ₹ 247.00 (+90.00%)

Following its successful public offering, Rajputana Biodiesel Limited's made its market debut on 03-12-2024 and is now actively traded on the NSEplatform. The IPO mobilized 19,00,000 Shares in total capital, including 19,00,000 Shares in primary equity infusion.

The offering was structured with a price band of ₹123 to ₹130 and minimum investment lots of 1000 shares. Investor participation during the subscription window from 26-11-2024 to 28-11-2024 demonstrated market confidence in the company's prospects.

The allotment process concluded on 29-11-2024, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Rajputana Biodiesel IPO Details
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.

IPO Reservation
Rajputana Biodiesel IPO Key Performance Indicator
Company Financials ( In Lakhs. )

Rajputana Biodiesel IPO About Company

Founded in 2016, Rajputana Biodiesel Limited is engaged in the production and supply of biofuels and related by-products such as glycerine and fatty acids. The company operates from a 4,000-square-meter facility in Phulera, Rajasthan, with an approved production capacity of 30 kl/pd and an installed capacity of 24 kl/pd. Its product portfolio includes Bio-Diesel, Crude Glycerin, Caustic Potash Flakes, Waste Sludge, Used Cooking Oil, Esterified Fatty Acid, Methanol, Citric Acid, refined oils, and other derivatives, and it also undertakes job work for semi-refining glycerine for third parties. As of July 31, 2024, the company employed 30 permanent workers and continues to contribute to the renewable energy ecosystem with sustainable biofuel solutions.


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


Rajputana Biodiesel IPO Strength Factors

  1. Experienced Promoters and Management Team: Led by professionals with deep expertise in biodiesel and renewable energy, driving strategic growth and competitiveness.
  2. Established Customer Relationships: Long-standing partnerships with key buyers ensure stable demand and consistent business visibility.
  3. Efficient Operations: Supported by a strong operational team and advanced infrastructure, enabling quality production and higher efficiency.

Rajputana Biodiesel IPO Risk Factors

  1. Policy Dependence: Business may suffer if government regulations change or compliance fails.
  2. Licensing Risk: Delays or failure in getting required permits can disrupt operations.
  3. Adoption Challenge: Shifting users from fossil fuels to biodiesel may face resistance, slowing growth.

Rajputana Biodiesel IPO Lead Manager(s)

  • GYR Capital Advisors Private Limited

Rajputana Biodiesel IPO Promoter(s)

  1. Mr. Sarthak Soni
  2. Mr. Tanay Attar
  3. Mr. Sudeep Soni
  4. Mrs. Madhuri Surana



Rajputana Biodiesel IPO Company Details

Rajputana Biodiesel Limited
Phone:
address:

Rajputana Biodiesel IPO Registrar

Maashitla Securities Private Limited
Name:
Phone:

Rajputana Biodiesel IPO FAQs