Rajputana Biodiesel Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | November 26, 2024 to November 28, 2024 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Price | ₹ 125 to ₹ 130 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 19,00,000 shares (aggregating up to ₹ 24.7 Cr) |
| Fresh Issue | 19,00,000 shares (aggregating up to ₹ 24.7 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre issue | 51,33,500 |
| Shareholding post issue | 70,33,500 |
| Market Maker portion | 1,41,000 shares |
About Rajputana Biodiesel Limited IPO
Founded in 2016, Rajputana Biodiesel Limited specializes in the production and supply of biofuels and their by-products, including glycerol and fatty acids. The company operates from its state-of-the-art production facility located at G24 RIICO Industrial Area, Phulera, Rajasthan 303338, covering an area of 4,000 square meters.
With an approved production capacity of 30 kiloliters per day (kl/pd) and an installed capacity of 24 kiloliters per day (kl/pd), Rajputana Biodiesel offers a wide range of products. Its portfolio includes Bio-Diesel, Crude Glycerin, Caustic Potash Flakes, Waste Sludge, Used Cooking Oil, Esterified Fatty Acid, Methanol, Citric Acid, Refined Rice Oil, Crude Sunflower Oil, Sodium Methoxide, RBD Palm Stearin and Job Work services such as semi-refining of glycerine for other manufacturers, along with Fats.
Rajputana Biodiesel IPO Overview:
- Issue Type: Book built issue, entirely a fresh issue of 19 lakh shares
- Total Issue Size: ₹24.70 crores
- Price Per Share: ₹125 to ₹130 per share
- Minimum Lot Size: Minimum 1000 shares
- Issue Opening Date: November 26, 2024
- Issue Closing Date: November 28, 2024
- Book Running Lead Managers: GYR Capital Advisors Private Limited
- Registrar: Maashitla Securities Private Limited
- Market Maker: Giriraj Stock Broking
Rajputana Biodiesel Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Rajputana Biodiesel Limited IPO Anchor Investors Details
| Bid Date | November 25, 2024 |
| Shares Offered | 515,000 |
| Anchor Portion Size (In Cr.) | 6.70 |
| Anchor lock-in period end date for 50% shares (30 Days) | December 29, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 27, 2025 |
Rajputana Biodiesel IPO Objectives:-
- The Company proposes to utilize the funds that are being raised through this Issue towards the following objectives:
- Loan to the Subsidiary, Nirvaan Raj 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 facilities.
- Funding working capital requirements of the company.
- General Corporate Purposes.
Rajputana Biodiesel Limited IPO Financial Information
Latest Revenue
2,779.18
₹ Crore
Profit After Tax
259.59
₹ Crore
Net Worth
1,573.81
₹ Crore
Total Borrowing
1,989.23
₹ Crore
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 July 2024 | 4,626 | 2,779.18 | 259.59 | 1,573.81 | 1,989.23 | ||||
| 31 Mar 2024 | 3,995.16 | 5,367.51 | 452.43 | 1,314.22 | 1,914.19 | ||||
| 31 Mar 2023 | 1,515.69 | 2,354.06 | 168.83 | 454.99 | 887.12 | ||||
| 31 Mar 2022 | 1,071.47 | 1,746.07 | 19.97 | -128.92 | 1,093.61 | ||||
| Amount in ₹ Crore | |||||||||
Rajputana Biodiesel Limited Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 16.49% |
| ROCE | 11.00% |
| Debt/Equity | 1.26 |
| P/BV | 4.24 |
| PAT Margin (%) | 9.71 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.81 | 11.07 |
| P/E (x) | 14.75 | 11.74 |
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Competitive Strengths
Rajputana Biodiesel Limited IPO Timeline
| IPO Open Date | Tuesday, November 26, 2024 |
| IPO Close Date | Thursday, November 28, 2024 |
| Basis of Allotment | Friday, November 29, 2024 |
| Initiation of Refunds | Friday, November 29, 2024 |
| Credit of Shares to Demat | Monday, December 2, 2024 |
| Listing Date | Tuesday, December 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 28, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹130,000 |
| Retail (Max) | 1 | 1000 | ₹130,000 |
| HNI (Min) | 2 | 2,000 | ₹260,000 |