Rajputana Biodiesel Limited
Bookbuilding IPO · NSE
- Price band
- ₹123 - ₹130
- Lot size
- 1,000 shares
- Issue amount
- ₹24.7 cr
- Total subscription
- 719.01×
- Opens
- 26 Nov 2024
- Closes
- 28 Nov 2024
- Allotment
- 29 Nov 2024
- Listing
- 3 Dec 2024
Offer at a glance
Issue overview
- Issue size
- 19,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,23,000
- Fresh issue
- ₹24.7 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,30,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 51,33,500
- Shares after issue
- 70,33,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 1,000 | ₹1,30,000 |
| HNI | 2 | 2,000 | ₹2,60,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 92 |
| NIB | — | 43,045 |
| RETAIL | — | 4,69,690 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 8.18 | 6,105.97 |
Financial performance
Company financials
In Lakhs. · Reported periods may include interim results.
Key performance indicators
| Metric | Jul-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 5.06 | 9.16 | 3.87 |
| ROE | 0 | 0 | 0 |
| ROCE | 11 | 22.19 | 22.01 |
| RONW | 16.49 | 34.43 | 37.11 |
| PRE IPO(PE) | 14.75 | 0 | 0 |
| POST IPO(PE) | 11.74 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Experienced Promoters and Management Team: Led by professionals with deep expertise in biodiesel and renewable energy, driving strategic growth and competitiveness.
- Established Customer Relationships: Long-standing partnerships with key buyers ensure stable demand and consistent business visibility.
- Efficient Operations: Supported by a strong operational team and advanced infrastructure, enabling quality production and higher efficiency.
Risk factors
- Policy Dependence: Business may suffer if government regulations change or compliance fails.
- Licensing Risk: Delays or failure in getting required permits can disrupt operations.
- Adoption Challenge: Shifting users from fossil fuels to biodiesel may face resistance, slowing growth.
Promoters
Mr. Sarthak Soni
Mr. Tanay Attar
Mr. Sudeep Soni
Mrs. Madhuri Surana
Registrar & documents
Lead manager
GYR Capital Advisors Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Jaipuria Mansion Panch Batti, M.I. Road, Jaipur – 302001
+91- 9509222333
[email protected]Company website ↗Understanding RAJPUTANA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.