Rajputana Biodiesel Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 860,000 (45%) | — | ₹1,118 Cr |
| NII (HNI) | — | 270,000 (14%) | — | ₹351 Cr |
| Retail | — | 629,000 (33%) | — | ₹818 Cr |
| Market Maker | — | 141,000 (7%) | — | ₹18 Cr |
| Σ Total | — | 1,900,000 (100%) | — | ₹24,700 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹130,000 |
| Retail (Max) | 13 | 13,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,710,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 2,779 | 5,368 | 2,354 |
| Profit After Tax | 260 | 452 | 169 |
| Net Worth | 1,574 | 1,314 | 455 |
| Total Assets | 4,626 | 3,995 | 1,516 |
| Reserves & Surplus | 1,050 | 801 | -7 |
| Total Borrowing | 1,989 | 1,914 | 887 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Loan to the Subsidiary, Nirvaanraj 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 facility (the “Project”); –
- Funding working capital requirements of the company; and –
- General Corporate purposes. –
Company Overview
Founded in 2016, Rajputana Biodiesel Limited produces and supplies biofuels and their by-products, namely glycerine and fatty acids.
The company's production facility is located at G24 RIICO Industrial Area, Phulera, Rajasthan 303338 in an area of 4,000 square meters. The company has an approved production capacity of 30 kiloliters per day (kl/pd) and an installed production capacity of 24 kiloliters per day (kl/pd).
Rajputana Biodiesel's product portfolio includes Bio-Diesel, Crude Glycerin, Castic Potash Flakes, Waste Sludge, Used Cooking Oil, Esteried Fatty Acid, Methanol, Citric Acid, Refined Rice Oil, Crude Sunflower Oil, Sodium Methoxide, RBD Palm Sterin, Job Work: semi-refining of glycerine for other manufacturers, and Fats.
As of July 31, 2024, the company had 30 permanent employees.